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TRIP.COM(TCOM) - 2025 Q3 - Quarterly Results
2025-11-17 22:00
Exhibit 99.1 Trip.com Group Limited Reports Unaudited Third Quarter of 2025 Financial Results SINGAPORE, November 17, 2025 — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading global one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced its unaudited financial results for the third quarter of 2025. Key Highlights for the Third Quarter of 2025 • International busin ...
Trip.com Group Limited Reports Unaudited Third Quarter of 2025 Financial Results
Prnewswire· 2025-11-17 22:00
Core Insights - Trip.com Group reported strong financial performance in Q3 2025, with net revenue reaching RMB 18.3 billion (US$2.6 billion), a 16% increase year-over-year and a 24% increase from the previous quarter [3][13][14] Business Performance - International businesses showed robust growth, with overall bookings on the international OTA platform increasing by approximately 60% year-over-year [2] - Inbound travel bookings surged over 100% year-over-year, while outbound flight and hotel bookings reached around 140% of the volume for the same period in 2019 [2] Revenue Breakdown - Accommodation reservation revenue was RMB 8.0 billion (US$1.1 billion), an 18% increase from Q3 2024, and a 29% increase from the previous quarter [4] - Transportation ticketing revenue was RMB 6.3 billion (US$886 million), a 12% increase year-over-year, and a 17% increase from the previous quarter [5] - Packaged-tour revenue was RMB 1.6 billion (US$226 million), a 3% increase year-over-year, and a 49% increase from the previous quarter [6] - Corporate travel revenue was RMB 756 million (US$106 million), a 15% increase year-over-year, and a 9% increase from the previous quarter [7] Cost and Expenses - Cost of revenue increased by 20% to RMB 3.4 billion (US$472 million) year-over-year, aligning with the increase in net revenue [8] - Product development expenses rose by 12% to RMB 4.1 billion (US$574 million) year-over-year [9] - Sales and marketing expenses increased by 24% to RMB 4.2 billion (US$587 million) year-over-year [10] - General and administrative expenses increased by 9% to RMB 1.1 billion (US$160 million) year-over-year [11] Tax and Net Income - Income tax expense for Q3 2025 was RMB 3.3 billion (US$470 million), significantly higher than RMB 721 million in Q3 2024 [12] - Net income for Q3 2025 was RMB 19.9 billion (US$2.8 billion), compared to RMB 6.8 billion in Q3 2024 [13][14] - Non-GAAP net income attributable to shareholders was RMB 19.2 billion (US$2.7 billion) for Q3 2025, compared to RMB 6.0 billion in Q3 2024 [14] Earnings Per Share - Diluted earnings per ordinary share for Q3 2025 was RMB 28.61 (US$4.02) [15] - Non-GAAP diluted earnings per ordinary share was RMB 27.56 (US$3.87) for Q3 2025 [15] Cash Position - As of September 30, 2025, the company had cash and cash equivalents totaling RMB 107.7 billion (US$15.1 billion) [16]
Trip.com Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Trip.com Group (NASDAQ:TCOM)
Benzinga· 2025-11-17 13:28
Trip.com Group Limited (NASDAQ:TCOM) will release earnings results for the third quarter, after the closing bell on Monday, Nov. 17.Analysts expect the Singapore-based company to report quarterly earnings at $7.98 per share, down from $8.75 per share in the year-ago period. The consensus estimate for Trip.com's quarterly revenue is $18.21 billion. Benzinga Pro data shows $15.87 billion in quarterly revenue a year ago.On Aug. 27, Trip.com Group reported better-than-expected second-quarter EPS and sales resul ...
恒生科技指数收跌近1%,携程联想领跌超3%
Cai Jing Wang· 2025-11-17 08:38
Core Viewpoint - The Hang Seng Index closed down approximately 0.71%, while the Hang Seng Tech Index fell by about 0.96%, indicating a negative trend in the Hong Kong stock market [1] Group 1: Company Performance - Lenovo Group and Trip.com Group both experienced declines of over 3% [1] - Baidu Group and Li Auto saw declines exceeding 2% [1] - Bilibili and Tongcheng Travel dropped by more than 1% [1] - Semiconductor Manufacturing International Corporation (SMIC) and Tencent Holdings had slight decreases [1] - Hua Hong Semiconductor and Meituan experienced slight increases [1]
携程集团-S(09961.HK)现跌超4%
Mei Ri Jing Ji Xin Wen· 2025-11-17 06:55
Group 1 - Ctrip Group-S (09961.HK) experienced a significant decline, dropping over 6% in early trading and currently down 4.17%, priced at 552.5 HKD [2] - The trading volume reached 1.316 billion HKD [2]
港股异动 | 携程集团-S(09961)现跌超4% 赴日旅行降温 携程称协助客人取消酒店订单
智通财经网· 2025-11-17 06:51
Core Viewpoint - Ctrip Group's stock experienced a decline of over 6% in early trading, attributed to travel warnings issued by the Chinese government regarding Japan, leading to a significant number of hotel cancellations and customer inquiries [1] Group 1: Stock Performance - Ctrip Group's stock price fell by 4.17%, reaching 552.5 HKD, with a trading volume of 1.316 billion HKD [1] Group 2: Travel Warnings and Customer Impact - On November 14, the Chinese Ministry of Foreign Affairs and the Chinese consulate in Japan advised citizens to avoid traveling to Japan [1] - Ctrip's customer service reported an increase in hotel order cancellations, with efforts underway to assist customers in processing refunds [1] - Some hotels are accommodating free cancellations, while others require further negotiations [1] Group 3: Business Growth and Profitability - Goldman Sachs noted that Ctrip's outbound travel business is normalizing, with a year-on-year growth of 14-15%, slightly above the company's guidance of 10-20% [1] - Guotai Junan Securities highlighted that Ctrip's adjusted profit margin is on a clear upward trend due to economies of scale in R&D and management expenses [1] - Anticipated improvements in profitability are expected as Trip.com enhances its earnings [1]
携程集团-S现跌超4% 赴日旅行降温 携程称协助客人取消酒店订单
Zhi Tong Cai Jing· 2025-11-17 06:47
Core Viewpoint - Ctrip Group's stock price has experienced a decline of over 6%, currently down 4.17% at HKD 552.5, with a trading volume of HKD 1.316 billion, following travel advisories against visiting Japan [1] Group 1: Market Reaction - Ctrip's stock fell sharply after the Chinese government issued warnings to citizens to avoid travel to Japan, leading to a significant number of hotel cancellations [1] - The company's customer service indicated that they are actively managing cancellations and assisting customers with refunds, with some hotels agreeing to free cancellations [1] Group 2: Business Performance - Goldman Sachs reported that Ctrip's outbound travel business is normalizing, with a year-on-year growth of 14-15%, slightly above the company's guidance of 10-20% [1] - According to Guotai Junan Securities, Ctrip is benefiting from economies of scale in R&D and management expenses, with adjusted profit margins on an upward trajectory [1] - Profitability is expected to improve further with the anticipated earnings recovery of Trip.com [1]
恒生指数、恒生科技指数午后双双跌超1%
Core Viewpoint - The Hang Seng Index and the Hang Seng Tech Index both fell over 1% in the afternoon trading session, with Ctrip Group and Lenovo Group experiencing declines of over 4% each [1] Group 1 - The Hang Seng Index dropped more than 1% in the afternoon [1] - The Hang Seng Tech Index also fell over 1% during the same period [1] - Ctrip Group's stock price decreased by more than 4% [1] - Lenovo Group's stock price declined by over 4% as well [1]
本周小米、快手、百度等将披露业绩,机构:关注港股财报季,看好港股科技估值持续提升
Mei Ri Jing Ji Xin Wen· 2025-11-17 02:57
Group 1 - The Hong Kong stock market experienced a slight decline, with the Hang Seng Tech Index dropping over 0.5% on November 17, 2023 [1] - Major ETFs, particularly the Hang Seng Tech Index ETF (513180), followed the index's downward trend, with leading stocks like Trip.com, Lenovo, Baidu, and BYD Electronics underperforming, while Hua Hong Semiconductor, SMIC, and Alibaba showed gains [1] - A number of technology companies, including Baidu, Xiaomi, Kuaishou, Netease, and Xpeng Motors, are set to release their latest financial results this week, with key earnings announcements scheduled for November 17 and 18 [1] Group 2 - According to Minsheng Securities, the recent earnings reports from leading internet companies like Tencent and Bilibili exceeded market expectations, and there is a recommendation to focus on the upcoming financial results from Xiaomi, Trip.com, Kuaishou, and Netease [1] - The report highlights a positive outlook on the revaluation of AI in China, suggesting attention to platform-based internet companies with synergistic advantages in computing resources, model capabilities, and application scenarios, such as Tencent, Kuaishou, Alibaba, Xiaomi, Baidu, and Meituan [1] - As of November 14, the Hang Seng Tech Index ETF (513180) had a latest valuation (PETTM) of 22.47 times, which is lower than other major global tech indices, indicating that the index remains in a historically undervalued range [2]
港股节假日出行概念股走弱
Mei Ri Jing Ji Xin Wen· 2025-11-17 01:57
Group 1 - The core viewpoint of the article indicates a decline in the Hong Kong holiday travel concept stocks on November 17, with significant drops in share prices for major companies in the sector [1] Group 2 - Ctrip Group-S (09961.HK) experienced a decrease of 5.38% [1] - Tongcheng Travel (00780.HK) saw a decline of 2.12% [1] - Huazhu Group-S (01179.HK) fell by 2% [1]