Trip.com Group Limited (CLV) - Net Assets

Latest as of December 2025: €172.60 Billion EUR ≈ $201.79 Billion USD

Based on the latest financial reports, Trip.com Group Limited (CLV) has net assets worth €172.60 Billion EUR (≈ $201.79 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€267.39 Billion ≈ $312.60 Billion USD) and total liabilities (€94.79 Billion ≈ $110.82 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Trip.com Group Limited's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets €172.60 Billion
% of Total Assets 64.55%
Annual Growth Rate 9.62%
5-Year Change 56.26%
10-Year Change N/A
Growth Volatility 7.91

Trip.com Group Limited - Net Assets Trend (2016–2025)

This chart illustrates how Trip.com Group Limited's net assets have evolved over time, based on quarterly financial data. See Trip.com Group Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Trip.com Group Limited (2016–2025)

The table below shows the annual net assets of Trip.com Group Limited from 2016 to 2025. For live valuation and market cap data, see market value of Trip.com Group Limited.

Year Net Assets Change
2025-12-31 €172.60 Billion
≈ $201.79 Billion		 +20.29%
2024-12-31 €143.48 Billion
≈ $167.75 Billion		 +16.65%
2023-12-31 €123.01 Billion
≈ $143.81 Billion		 +8.84%
2022-12-31 €113.02 Billion
≈ $132.13 Billion		 +2.32%
2021-12-31 €110.46 Billion
≈ $129.13 Billion		 +8.75%
2020-12-31 €101.57 Billion
≈ $118.74 Billion		 -3.91%
2019-12-31 €105.70 Billion
≈ $123.58 Billion		 +19.12%
2018-12-31 €88.73 Billion
≈ $103.74 Billion		 +2.61%
2017-12-31 €86.47 Billion
≈ $101.10 Billion		 +14.50%
2016-12-31 €75.52 Billion
≈ $88.29 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to Trip.com Group Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 1004.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings €76.60 Billion 44.81%
Other Components €94.35 Billion 55.19%
Total Equity €170.95 Billion 100.00%

Trip.com Group Limited Competitors by Market Cap

The table below lists competitors of Trip.com Group Limited ranked by their market capitalization.

Company Market Cap
China Merchants Bank Co. Ltd
F:M4B
 $28.09 Billion
Atmos Energy Corporation
NYSE:ATO
 $28.09 Billion
Caseys General Stores Inc
NASDAQ:CASY
 $28.11 Billion
FIRSTRAND ADR/ 10 RC -01
F:FSR
 $28.13 Billion
Resona Holdings Inc
NYSE:RSHGY
 $28.01 Billion
DexCom Inc
NASDAQ:DXCM
 $28.01 Billion
HOCHTIEF Aktiengesellschaft
F:HOT
 $28.00 Billion
Svenska Handelsbanken AB (publ)
ST:SHB-A
 $28.00 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Trip.com Group Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 142,550,000,000 to 170,949,000,000, a change of 28,399,000,000 (19.9%).
  • Net income of 33,294,000,000 contributed positively to equity growth.
  • Dividend payments of 1,423,000,000 reduced retained earnings.
  • Share repurchases of 4,396,000,000 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €33.29 Billion +19.48%
Dividends Paid €1.42 Billion -0.83%
Share Repurchases €4.40 Billion -2.57%
Other Changes €924.00 Million +0.54%
Total Change €- 19.92%

Book Value vs Market Value Analysis

This analysis compares Trip.com Group Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.15x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 0.26x to 0.15x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 €156.61 €40.20 x
2018-12-31 €156.81 €40.20 x
2019-12-31 €174.53 €40.20 x
2020-12-31 €167.36 €40.20 x
2021-12-31 €171.02 €40.20 x
2022-12-31 €173.79 €40.20 x
2023-12-31 €189.70 €40.20 x
2024-12-31 €218.21 €40.20 x
2025-12-31 €261.68 €40.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Trip.com Group Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 19.48%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 53.35%
  • • Asset Turnover: 0.23x
  • • Equity Multiplier: 1.56x
  • Recent ROE (19.48%) is above the historical average (4.57%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 -2.00% -7.44% 0.13x 2.02x €-8.58 Billion
2017 2.53% 8.00% 0.17x 1.91x €-6.33 Billion
2018 1.28% 3.59% 0.17x 2.14x €-7.56 Billion
2019 6.78% 19.66% 0.18x 1.94x €-3.33 Billion
2020 -3.24% -17.73% 0.10x 1.87x €-13.28 Billion
2021 -0.50% -2.75% 0.10x 1.75x €-11.52 Billion
2022 1.25% 7.00% 0.10x 1.71x €-9.83 Billion
2023 8.12% 22.28% 0.20x 1.79x €-2.30 Billion
2024 11.97% 32.02% 0.22x 1.70x €2.81 Billion
2025 19.48% 53.35% 0.23x 1.56x €16.20 Billion

Industry Comparison

This section compares Trip.com Group Limited's net assets metrics with peer companies in the Travel Services industry.

Industry Context

  • Industry: Travel Services
  • Average net assets among peers: $18,371,689,002
  • Average return on equity (ROE) among peers: 0.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Trip.com Group Limited (CLV) €172.60 Billion -2.00% 0.55x $28.08 Billion
Lastminute.com NV (09B) $132.69 Million 18.81% 2.47x $143.20 Million
Tuniu Corporation (0TUA) $3.60 Billion -21.49% 0.85x $6.32 Million
aovo Touristik AG (A8N) $193.01K -44.13% 22.69x $2.97 Million
TRIP.COM GROUP DL-00125 (CLVB) $113.02 Billion 1.24% 0.70x $28.46 Billion
EDREAMS ODIGEO UNS.ADR/10 (K0I) $274.53 Million 11.79% 3.21x $348.18 Million
MakeMyTrip Limited (MY1) $1.21 Billion 7.87% 0.51x $4.20 Billion
Carnival Corporation & plc (POH1) $24.20 Billion 5.02% 0.63x $3.90 Billion
Tongcheng Travel Holdings Ltd (TEM) $20.96 Billion 9.42% 0.80x $4.27 Billion
TUI AG (TUI1) $1.95 Billion 15.70% 7.30x $4.03 Billion

About Trip.com Group Limited

F:CLV Germany Travel Services
Market Cap
$29.59 Billion
€25.31 Billion EUR
Market Cap Rank
#940 Global
#210 in Germany
Share Price
€40.20
Change (1 day)
-2.43%
52-Week Range
€39.20 - €66.00
All Time High
€71.40
Categories
Companies in Germany Travel Services
About

Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, in-destination, corporate travel management, and other travel-related services in China and internationally. It acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and fer… Read more