- Trip.com‘s first-quarter adjusted earnings per American depositary share (ADS) were 5.96 yuan, beating the estimate of 5.66 yuan.
- Total revenue for the quarter was 13.85 billion yuan, representing a 16% increase compared to the previous year.
- Accommodation reservation revenue rose by 23% year-over-year to 5.54 billion yuan, surpassing the anticipated 5.47 billion yuan.
- Transportation ticketing revenue grew by 8.4% year-over-year, reaching 5.42 billion yuan, slightly above the estimate of 5.41 billion yuan.
- Packaged-tour revenue increased by 7.2% year-over-year, totaling 947 million yuan, but fell short of the estimated 1.01 billion yuan.
- Corporate travel revenue was 573 million yuan, achieving a 12% increase year-over-year, and exceeding the estimate of 549.1 million yuan.
- “Others” category revenue stood at 1.37 billion yuan, slightly below the estimate of 1.38 billion yuan.
- Gross profit amounted to 11.13 billion yuan, a 15% rise year-over-year, but just shy of the 11.17 billion yuan estimate.
- James Liang, Executive Chairman, noted that the travel industry experienced strong momentum in Q1 2025, driven by resilient consumer demand and favorable travel policies.
- Market analysts’ recommendations for Trip.com include 33 buys, 4 holds, and 0 sells.
Trip.com on Smartkarma
Analyst coverage of Trip.com on Smartkarma provides a mixed sentiment regarding the company’s performance and outlook. Daniel Hellberg‘s analysis, titled “Monthly Chinese Tourism Tracker”, indicates a bearish lean due to weakening demand growth in Chinese travel. This suggests a lack of short-term attractiveness in Chinese travel stocks, including Trip.com. However, Eric Wen takes a bullish stance in his report, highlighting Trip.com‘s strong Q4 performance and domestic support for overseas ventures. The stock is recommended as a BUY with a target price of US$74 per ADS.
On the other hand, Ming Lu‘s bearish perspective in the report “4Q24 Even Better Results, But Plunged as Expected” notes a stock price decline following better-than-expected revenue growth in Trip.com‘s Q4 results. Despite the plunge, Ming Lu believes the market reaction may have been an overreaction. Lastly, Acid Investments poses an optimistic view in the report “Trip.com – Worth a Little More than EXPE or Much More?” praising Trip.com as a superb business with significant potential, despite recent market corrections. These varied insights offer investors a comprehensive perspective on Trip.com‘s current standing in the market.
A look at Trip.com Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the Smartkarma Smart Scores for Trip.com, a leading online travel agency, the company has received a mixed bag of ratings. With a strong score of 5 for Growth and a solid score of 4 for Resilience, Trip.com seems well-positioned for the future. The high Growth score indicates promising potential for expansion and revenue generation, while the Resilience score suggests the company’s ability to withstand economic downturns.
However, Trip.com‘s scores for Value, Dividend, and Momentum are more moderate, indicating room for improvement in these areas. Despite not scoring the highest in all categories, Trip.com remains a key player in the online travel agency sector, offering a range of services from hotel reservations to corporate travel management. Investors may want to keep an eye on how Trip.com maneuvers to enhance its overall performance in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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