Tongcheng Travel Holdings Limited
Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the People's Republic of China. It 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 related ser… Read more
Tongcheng Travel Holdings Limited (TNGCF) - Total Assets
Latest total assets as of June 2025: $41.24 Billion USD
Based on the latest financial reports, Tongcheng Travel Holdings Limited (TNGCF) holds total assets worth $41.24 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.
Tongcheng Travel Holdings Limited - Total Assets Trend (2018–2024)
This chart illustrates how Tongcheng Travel Holdings Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tongcheng Travel Holdings Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Tongcheng Travel Holdings Limited's total assets of $41.24 Billion consist of 48.3% current assets and 51.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 21.2% |
| Accounts Receivable | $1.73 Billion | 4.6% |
| Inventory | $6.65 Million | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $5.99 Billion | 15.9% |
| Goodwill | $5.23 Billion | 13.9% |
Asset Composition Trend (2018–2024)
This chart illustrates how Tongcheng Travel Holdings Limited'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tongcheng Travel Holdings Limited's current assets represent 48.3% of total assets in 2024, an increase from 44.7% in 2018.
- Cash Position: Cash and equivalents constituted 21.2% of total assets in 2024, up from 18.7% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, a decrease from 46.0% in 2018.
- Asset Diversification: The largest asset category is intangible assets at 15.9% of total assets.
Tongcheng Travel Holdings Limited Competitors by Total Assets
Key competitors of Tongcheng Travel Holdings Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
China | CN¥3.85 Billion |
|
Hna-Caissa Travel Group Co Ltd
SHE:000796
|
China | CN¥1.93 Billion |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
China | CN¥3.39 Billion |
|
Wuhan Sante Cableway Group Co Ltd
SHE:002159
|
China | CN¥1.88 Billion |
|
Parlo Bhd
KLSE:0022
|
Malaysia | RM25.61 Million |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
China | CN¥2.87 Billion |
|
Hana Tour
KO:039130
|
Korea | ₩740.11 Billion |
|
Sejoong Co. Ltd
KQ:039310
|
Korea | ₩117.45 Billion |
Tongcheng Travel Holdings Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Tongcheng Travel Holdings Limited generates 0.46x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Tongcheng Travel Holdings Limited generates $5.23 in net profit.
Tongcheng Travel Holdings Limited - 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 | 1.56 |
| Quick Ratio | 1.58 | 1.32 | 1.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $7.98 Billion | $ 4.08 Billion | $ 2.66 Billion |
Tongcheng Travel Holdings Limited - Advanced Valuation Insights
This section examines the relationship between Tongcheng Travel Holdings Limited'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 | 1.95 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 19.1% |
| Total Assets | $37.78 Billion |
| Market Capitalization | $2.88 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tongcheng Travel Holdings Limited's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tongcheng Travel Holdings Limited's assets grew by 19.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tongcheng Travel Holdings Limited (2018–2024)
The table below shows the annual total assets of Tongcheng Travel Holdings Limited from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $37.78 Billion | +19.11% |
| 2023-12-31 | $31.72 Billion | +377.41% |
| 2022-12-31 | $6.64 Billion | -69.11% |
| 2021-12-31 | $21.51 Billion | +12.52% |
| 2020-12-31 | $19.11 Billion | -1.90% |
| 2019-12-31 | $19.48 Billion | +16.03% |
| 2018-12-31 | $16.79 Billion | -- |