Tongcheng Travel Holdings Ltd TNGCF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $2.80
- Day Range
- $1.35–1.35
- 52-Week Range
- $1.35–2.80
- Bid/Ask
- $1.21 / $101.27
- Shares Outstanding
- 2.35B
- Market Cap
- $3.17B
- Volume/Avg
- 131,600 / 380,159
Key Statistics
- Price/Earnings (Normalized)
- 7.25
- Price/Sales
- 1.10
- Dividend Yield (Trailing)
- 2.35%
- Dividend Yield (Forward)
- 2.35%
- Dividend Payment Schedule
- Jul
- Total Yield
- 2.35%
Company Profile
Tongcheng Travel is an online travel agency platform that provides booking services for hotels and ticketing in China. It generated 84% of its revenue from accommodation reservations and transportation ticketing in 2023. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers and travel kiosks. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities, and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.
- Sector
- Consumer Cyclical
- Industry
- Travel Services
- Stock Style Box
- Mid Value
- Total Number of Employees
- 10,773
- Website
- https://www.tongchengir.com
Competitors
Valuation
|
Metric
|
TNGCF
|
TCOM
|
03690
|
|---|---|---|---|
Price/Earnings (Normalized) | 7.25 | 10.46 | 11.72 |
Price/Book Value | 0.92 | 1.06 | 2.26 |
Price/Sales | 1.10 | 2.83 | 1.02 |
Price/Cash Flow | 5.72 | 9.89 | — |
Price/Earnings
TNGCF
TCOM
03690
Financial Strength
|
Metric
|
TNGCF
|
TCOM
|
03690
|
|---|---|---|---|
Quick Ratio | 1.17 | 1.05 | 1.63 |
Current Ratio | 1.46 | 1.33 | 1.91 |
Interest Coverage | 14.06 | 54.03 | −15.64 |
Quick Ratio
TNGCF
TCOM
03690
Profitability
|
Metric
|
TNGCF
|
TCOM
|
03690
|
|---|---|---|---|
Return on Assets (Normalized) | 8.56% | 11.94% | −9.47% |
Return on Equity (Normalized) | 16.17% | 19.30% | −19.94% |
Return on Invested Capital (Normalized) | 12.93% | 15.17% | −13.42% |
Return on Assets
TNGCF
TCOM
03690
Travel Services Industry Comparables
|
1-Day Chart
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United States