Sales and 
  marketing                   44           55           38            5 
 General and 
  administrative             223          297          200           29 
 
 
Trip.com Group 
Limited 
Unaudited 
Reconciliation 
of GAAP and 
Non-GAAP Results 
(In millions, 
except %, share 
and per share 
data) 
 
                      Quarter      Quarter      Quarter      Quarter 
                       ended        ended        ended        ended 
                     September      June       September    September 
                     30, 2023     30, 2024     30, 2024     30, 2024 
                        RMB          RMB          RMB          USD 
                     (million)    (million)    (million)    (million) 
 
 
Net income                4,638        3,888        6,823          970 
Less: Interest 
 income                   $(543.SI)$        (634)        (598)         (85) 
Add: Interest 
 expense                    529          514          399           57 
Add: Other 
 (income)/expense         (545)          183      (1,781)        (254) 
Add: Income tax 
 expense                    448          693          721          103 
Add: Equity in 
 income of 
 affiliates               (618)      (1,089)        $(558.SI)$         (79) 
Income from 
 operations               3,909        3,555        5,006          712 
Add: Share-based 
 compensation               509          674          459           65 
Add: Depreciation 
 and amortization           204          207          215           31 
Adjusted EBITDA           4,622        4,436        5,680          808 
Adjusted EBITDA 
 margin                    34 %         35 %         36 %         36 % 
 
Net income 
 attributable to 
 Trip.com Group 
 Limited                  4,615        3,833        6,765          962 
Add: Share-based 
 compensation               509          674          459           65 
Add: (Gain)/loss 
 from fair value 
 changes of equity 
 securities 
 investments and 
 exchangeable 
 senior notes             (185)          435      (1,276)        (182) 
Add: Tax effects 
 on fair value 
 changes of equity 
 securities 
 investments and 
 exchangeable 
 senior notes              (42)           43           15            2 
Non-GAAP net 
 income 
 attributable to 
 Trip.com Group 
 Limited                  4,897        4,985        5,963          847 
Weighted average 
 ordinary shares 
 outstanding- 
  Diluted-non 
 GAAP               674,134,652  687,977,626  681,411,847  681,411,847 
Non-GAAP Diluted 
 income per share          7.26         7.25         8.75         1.25 
Non-GAAP Diluted 
 income per ADS            7.26         7.25         8.75         1.25 
 
Notes for all the 
 condensed 
 consolidated 
 financial 
 schedules 
 presented: 
 
Note 1: The conversion of Renminbi (RMB) into U.S. dollars $(USD)$ is 
based on the certified exchange rate of USD1.00=RMB7.0176 on September 
30, 2024 published by the Federal Reserve Board. 
 

View original content:https://www.prnewswire.com/news-releases/tripcom-group-limited-reports-unaudited-third-quarter-of-2024-financial-results-302308299.html

SOURCE Trip.com Group Limited

(END) Dow Jones Newswires

November 18, 2024 17:00 ET (22:00 GMT)