Trip.com Group (NASDAQ:TCOM) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥53.3b (up 20% from FY 2023).
• Net income: CN¥17.1b (up 72% from FY 2023).
• Profit margin: 32% (up from 22% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥26.10 (up from CN¥15.19 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Trip.com Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.6%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are down 15% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Trip.com Group's balance sheet and an in-depth analysis of the company's financial position.

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