Tongcheng Travel Holdings Ltd
HKEX:780

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Tongcheng Travel Holdings Ltd
HKEX:780
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Price: 17.6 HKD -1.68% Market Closed
Updated: May 24, 2024

Gross Margin
Tongcheng Travel Holdings Ltd

70.7%
Current
74%
Average
53.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70.7%
=
Gross Profit
9.3B
/
Revenue
13.2B

Gross Margin Across Competitors

Country CN
Market Cap 40B HKD
Gross Margin
71%
Country CN
Market Cap 2.8T MXN
Gross Margin
67%
Country US
Market Cap 129.5B USD
Gross Margin
0%
Country US
Market Cap 93.4B USD
Gross Margin
71%
Country US
Market Cap 67.6B USD
Gross Margin
21%
Country US
Market Cap 51.4B USD
Gross Margin
39%
Country US
Market Cap 38.1B USD
Gross Margin
47%
Country CN
Market Cap 261.5B HKD
Gross Margin
82%
Country US
Market Cap 19B USD
Gross Margin
51%
Country UK
Market Cap 13.5B GBP
Gross Margin
35%
Country UK
Market Cap 13.1B GBP
Gross Margin
31%

Profitability Report

View the profitability report to see the full profitability analysis for Tongcheng Travel Holdings Ltd.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
70.7%
=
Gross Profit
9.3B
/
Revenue
13.2B
What is the Gross Margin of Tongcheng Travel Holdings Ltd?

Based on Tongcheng Travel Holdings Ltd's most recent financial statements, the company has Gross Margin of 70.7%.