Tongcheng Travel Holdings Ltd (TEM) - Total Assets
Based on the latest financial reports, Tongcheng Travel Holdings Ltd (TEM) holds total assets worth €41.24 Billion EUR (≈ $48.21 Billion USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Tongcheng Travel Holdings Ltd (TEM) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Tongcheng Travel Holdings Ltd - Total Assets Trend (2016–2025)
This chart illustrates how Tongcheng Travel Holdings Ltd's total assets have evolved over time, based on quarterly financial data. See TEM total equity for net asset value and shareholders' equity analysis.
Tongcheng Travel Holdings Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Tongcheng Travel Holdings Ltd's total assets of €41.24 Billion consist of 48.3% current assets and 51.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 15.5% |
| Accounts Receivable | €2.26 Billion | 5.4% |
| Inventory | €11.63 Million | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €7.12 Billion | 17.0% |
| Goodwill | €6.20 Billion | 14.8% |
Asset Composition Trend (2016–2025)
This chart illustrates how Tongcheng Travel Holdings Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see TEM stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tongcheng Travel Holdings Ltd's current assets represent 48.3% of total assets in 2025, a decrease from 74.7% in 2016.
- Cash Position: Cash and equivalents constituted 15.5% of total assets in 2025, up from 14.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 30.0% of total assets, an increase from 14.0% in 2016.
- Asset Diversification: The largest asset category is intangible assets at 17.0% of total assets.
Tongcheng Travel Holdings Ltd Competitors by Total Assets
Key competitors of Tongcheng Travel Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Norwegian Cruise Line Holdings Ltd
NYSE:NCLH
|
USA | $23.79 Billion |
|
Flight Centre Travel Group Ltd
AU:FLT
|
Australia | AU$4.66 Billion |
|
WEB Travel Group Ltd
AU:WEB
|
Australia | AU$1.54 Billion |
|
Anhui Jiuhuashan Tourism Dvlp
SHG:603199
|
China | CN¥1.92 Billion |
|
Issta Lines Ltd
TA:ISTA
|
Israel | ILA4.10 Billion |
|
EDREAMS ODIGEO UNS.ADR/10
F:K0I
|
Germany | €1.10 Billion |
|
Corporate Travel Management Ltd
AU:CTD
|
Australia | AU$1.59 Billion |
|
Helloworld Travel Ltd
AU:HLO
|
Australia | AU$590.94 Million |
Tongcheng Travel Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.58 | 1.32 | 2.30 |
| Quick Ratio | 1.58 | 1.32 | 2.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €7.98 Billion | €4.08 Billion | €4.57 Billion |
Tongcheng Travel Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between Tongcheng Travel Holdings Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.59 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | 11.0% |
| Total Assets | €41.95 Billion |
| Market Capitalization | $3.74 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tongcheng Travel Holdings Ltd's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tongcheng Travel Holdings Ltd's assets grew by 11.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tongcheng Travel Holdings Ltd (2016–2025)
The table below shows the annual total assets of Tongcheng Travel Holdings Ltd from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €41.95 Billion ≈ $49.04 Billion |
+11.03% |
| 2024-12-31 | €37.78 Billion ≈ $44.17 Billion |
+19.11% |
| 2023-12-31 | €31.72 Billion ≈ $37.08 Billion |
+26.69% |
| 2022-12-31 | €25.03 Billion ≈ $29.27 Billion |
+16.41% |
| 2021-12-31 | €21.51 Billion ≈ $25.14 Billion |
+12.52% |
| 2020-12-31 | €19.11 Billion ≈ $22.35 Billion |
-1.90% |
| 2019-12-31 | €19.48 Billion ≈ $22.78 Billion |
+16.03% |
| 2018-12-31 | €16.79 Billion ≈ $19.63 Billion |
+506.62% |
| 2017-12-31 | €2.77 Billion ≈ $3.24 Billion |
+20.05% |
| 2016-12-31 | €2.31 Billion ≈ $2.70 Billion |
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About Tongcheng Travel Holdings Ltd
Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the People's Republic of China. The company operates through Core Online Travel Agency (Core OTA) and Tourism segments. The company offers accommodation reservation services, transportation ticketing services, online advertising services, and hotel management services. It also provides tourism re… Read more