Xin Lang Cai Jing·2026-02-26 02:04Core Viewpoint - Ctrip Group reported its unaudited financial performance for Q4 and the full year of 2025, highlighting robust growth across international business segments and a significant increase in net profit due to investment gains [1][2][3] Financial Performance - In Q4 2025, Ctrip's net operating revenue reached 15.4 billion RMB, a year-on-year increase of 21%, driven by resilient travel demand. However, it saw a quarter-on-quarter decline of 16% due to seasonal factors [1][2] - For the full year 2025, net operating revenue totaled 62.4 billion RMB, marking a 17% year-on-year increase [1][2] Business Segment Performance - Q4 2025 accommodation booking revenue was 6.3 billion RMB, up 21% year-on-year, primarily due to growth in accommodation bookings, but down 22% quarter-on-quarter due to seasonal factors [1][3] - For the full year 2025, accommodation booking revenue amounted to 26.1 billion RMB, also a 21% year-on-year increase, accounting for 42% of total revenue [1][3] - Q4 2025 transportation ticketing revenue was 5.4 billion RMB, a 12% year-on-year increase, but down 15% quarter-on-quarter due to seasonal factors [1][3] - For the full year 2025, transportation ticketing revenue reached 22.5 billion RMB, reflecting an 11% year-on-year increase, making up 36% of total revenue [1][3] Profitability - The net profit for the full year 2025 was 33.4 billion RMB, compared to 17.2 billion RMB in 2024, with the increase largely attributed to investment gains of 19.9 billion RMB (approximately 2.8 billion USD) included in other income, compared to 1.1 billion RMB in 2024 [2][3] Strategic Focus - Ctrip's Executive Chairman Liang Jianzhang emphasized that inbound tourism is a key driver for expanding opportunities and promoting local community development, with ongoing investments in inbound tourism, social responsibility, and AI innovation to establish a solid foundation for sustainable long-term growth [2][3]