Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services. It also provides independent leisure travelers bundled packaged-tour products comprising group, semi-group, and customized and packaged tours with various transportation arrangements, including air, cruise, bus, and car rental services. In addition, the company offers integrated transportation and accommodation services; destination transportation and ticket, activity, insurance, visa, and tour guide services; user support, supplier management, and customer relationship management services; and in-destination products and services. Further, It provides its corporate clients with business visit, incentive trip, meeting and conference, travel data collection and analysis, and industry benchmarking solutions; and Corporate Travel Management System, an online platform that integrates information management, online booking and authorization, online inquiry, and travel reporting systems. Additionally, the company offers online advertising and financial services, such as marketing planning and travel media services. It operates under the Ctrip, Qunar, Trip.com, and Skyscanner brands. The company was formerly known as Ctrip.com International, Ltd. and changed its name to Trip.com Group Limited in October 2019. Trip.com Group Limited was founded in 1999 and is based in Singapore.

Trip.com Group Limited

Accommodation Reservation

Accommodation Reservation %Chg

Accommodation Reservation Common Size

Transportation Ticketing

Transportation Ticketing %Chg

Transportation Ticketing Common Size

Packaged-Tour

Packaged-Tour %Chg

Packaged-Tour Common Size

Corporate Travel

Corporate Travel %Chg

Corporate Travel Common Size

Others

Others %Chg

Others Common Size

Total Revenue

Total Revenue %Chg

Total Revenue Common Size

Less: Sales Tax and Surcharges

Less: Sales Tax and Surcharges %Chg

Less: Sales Tax and Surcharges Common Size

Net Revenues

Net Revenues %Chg

Net Revenues Common Size

Net Revenue

Net Revenue %Chg

Net Revenue Common Size

Cost of Revenue

Cost of Revenue %Chg

Cost of Revenue Common Size

Revenue

Revenue %Chg

Revenue Common Size

Gross Profit

Gross Profit %Chg

Gross Profit Common Size

Service Development Expenses

Service Development Expenses %Chg

Service Development Expenses Common Size

Selling and Marketing Expenses

Selling and Marketing Expenses %Chg

Selling and Marketing Expenses Common Size

Administrative Expenses

Administrative Expenses %Chg

Administrative Expenses Common Size

Product Development

Product Development %Chg

Product Development Common Size

Sales and Marketing

Sales and Marketing %Chg

Sales and Marketing Common Size

General and Administrative

General and Administrative %Chg

General and Administrative Common Size

Fair Value Changes on Investments Measured at Fair Value Through Profit or Loss

Fair Value Changes on Investments Measured at Fair Value Through Profit or Loss %Chg

Fair Value Changes on Investments Measured at Fair Value Through Profit or Loss Common Size

Total Operating Expenses

Total Operating Expenses %Chg

Total Operating Expenses Common Size

Income from Operations

Income from Operations %Chg

Income from Operations Common Size

Interest Income

Interest Income %Chg

Interest Income Common Size

Interest Expense

Interest Expense %Chg

Interest Expense Common Size

Other Income

Other Income %Chg

Other Income Common Size

Other Gains (Losses), Net

Other Gains (Losses), Net %Chg

Other Gains (Losses), Net Common Size

Operating Profit (Loss)

Operating Profit (Loss) %Chg

Operating Profit (Loss) Common Size

Finance Income

Finance Income %Chg

Finance Income Common Size

Finance Costs

Finance Costs %Chg

Finance Costs Common Size

Share of Results of Associates

Share of Results of Associates %Chg

Share of Results of Associates Common Size

Other Income (Expense)

Other Income (Expense) %Chg

Other Income (Expense) Common Size

Income Before Income Tax Expense and Equity in Income of Affiliates

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Cost of Sales

Cost of Sales %Chg

Cost of Sales Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Research & Development Expenses

Research & Development Expenses %Chg

Research & Development Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Interest and Investment Income

Interest and Investment Income %Chg

Interest and Investment Income Common Size

Non-Operating Income

Non-Operating Income %Chg

Non-Operating Income Common Size

Total Non-Operating Income

Total Non-Operating Income %Chg

Total Non-Operating Income Common Size

Income Before Provision for Income Taxes

Income Before Provision for Income Taxes %Chg

Income Before Provision for Income Taxes Common Size

Income Before Income Tax Expense and Equity in Income of Affiliates %Chg

Income Before Income Tax Expense and Equity in Income of Affiliates Common Size

Provision for Income Taxes

Provision for Income Taxes %Chg

Provision for Income Taxes Common Size

Income Tax Expense

Income Tax Expense %Chg

Income Tax Expense Common Size

Consolidated Net Income

Consolidated Net Income %Chg

Consolidated Net Income Common Size

Equity in Income of Affiliates

Equity in Income of Affiliates %Chg

Equity in Income of Affiliates Common Size

Net Income Attributable to Minority Interests and Other

Net Income Attributable to Minority Interests and Other %Chg

Net Income Attributable to Minority Interests and Other Common Size

Net Income Attributable to Non-Controlling Interests and Mezzanine Classified Non-Controlling Interests

Income Statement	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Total Revenues	59,755	53,377	44,562	20,055	20,029	18,327	35,716	31,104	26,993	19,805	—
Total Revenues %Chg	17.5%	19.8%	122.2%	0.1%	9.3%	-48.7%	14.8%	15.2%	36.3%	154.8%	—
Accommodation Reservation
Transportation Ticketing
Packaged-Tour
Corporate Travel
Others
Less: Sales Tax and Surcharges
Cost of Sales	11,522	9,990	8,121	4,513	4,598	4,031	7,372	6,324	4,678	4,730	639.7
Cost of Revenue
Gross Profit	48,233	43,304	36,389	15,526	15,425	14,285	28,294	24,641	22,118	14,515	386.4
Gross Profit
Gross Profit Margin	80.7%	81.1%	81.7%	77.4%	77%	77.9%	79.2%	79.2%	81.9%	73.3%	—
Selling, General & Administrative Expenses	18,188	1,066	964	621	879	909	795	773	821	8,380	—
Sales and Marketing
General and Administrative
Research & Development Expenses	14,505	13,139	12,120	8,341	8,992	7,667	10,670	9,620	8,259	7,687	—
Operating Profit	15,540	29,099	23,305	6,564	5,554	5,709	16,829	14,248	13,038	-1,552	386.4
Operating Margin	26%	54.5%	52.3%	32.7%	27.7%	31.2%	47.1%	45.8%	48.3%	-7.8%	—
Interest and Investment Income	2,441	2,341	2,090	2,046	2,132	2,187	2,094	1,899	988	567	—
Interest Income
Interest Expense	1,057	1,735	2,067	1,514	1,565	1,716	1,677	1,508	1,286	732	—
Interest Expense
Non-Operating Income	—	2,220	-667	2,015	373	-273	3,630	-1,075	879	-27	49
Other Income
Other Income (Expense)
Total Non-Operating Income	3,498	6,296	3,490	5,575	4,070	3,630	7,401	2,332	3,153	1,272	49
Income Before Provision for Income Taxes	36,070	17,003	10,680	2,635	-471	-1,225	9,087	1,921	3,524	-1,744	-957.8
Income Before Income Tax Expense and Equity in Income of Affiliates
Provision for Income Taxes	5,506	2,604	1,750	682	270	355	1,742	793	1,285	482	5.2
Income Tax Expense
Consolidated Net Income	740	2,828	1,072	-586	96	-1,689	-347	-32	-65	602	-963
Equity in Income of Affiliates
Net Income Attributable to Minority Interests and Other	606	2,668	988	-550	191	-1,587	-246	-16	-84	808	-46.8
Net Income Attributable to Non-Controlling Interests and Mezzanine Classified Non-Controlling Interests
Accretion to Redemption Value of Redeemable Non-Controlling Interests
Equity in Income of Affiliates
Net Income Attributable to Common Shareholders	31,170	17,067	9,918	1,403	-550	-3,247	7,011	1,112	2,155	-1,418	-916.3
Net Income Attributable to Trip.com Group Limited
Basic EPS	22.1	26.1	15.2	2.2	-0.9	-5.4	12.4	2	4.1	-0.6	8.3
Diluted EPS	22.8	24.8	14.8	2.1	-0.9	-5.4	11.5	2	3.8	-0.6	7.1
Basic Weighted Average Shares Outstanding	667	654	652.9	648.4	634.1	600.9	567.9	547.2	530.4	3,719.8	302.4
Total Shares Outstanding	653.3	653.3	644.1	638.1	641.3	599.6	4,741.5	553	540	513.2	409.3
Diluted Weighted Average Shares Outstanding	678.8	688.7	671.1	657.1	634.1	600.9	642	567.4	574.2	3,719.8	379
EBITDA	15,540	29,950	24,122	7,439	6,575	6,926	17,925	15,230	13,921	-834	702.6
Effective Tax Rate	15.3%	15.3%	16.4%	25.9%	-57.3%	-29%	19.2%	41.3%	36.5%	-27.6%	-0.5%