Tongcheng Travel Holdings Second Quarter 2024 Earnings: EPS Misses Expectations

Simply Wall St.09-15

Tongcheng Travel Holdings (HKG:780) Second Quarter 2024 ResultsKey Financial Results Revenue: CN¥4.25b (up 48% from 2Q 2023). Net income: CN¥433.7m (up 22% from 2Q 2023). Profit margin: 10% (down from...

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Net income: CN¥433.7m (up 22% from 2Q 2023). Profit margin: 10% (down from...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/consumer-services/hkg-780/tongcheng-travel-holdings-shares/news/tongcheng-travel-holdings-second-quarter-2024-earnings-eps-m-1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4099","symbol_name":"汽车制造商","start_time":0,"source_url":"https://simplywall.st/stocks/hk/consumer-services/hkg-780/tongcheng-travel-holdings-shares/news/tongcheng-travel-holdings-second-quarter-2024-earnings-eps-m-1","article_id":"2467301009","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/4422000-choice1-main-header/1585186589176"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467301009","pubTimestamp":1726358834,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Tongcheng Travel Holdings ( HKG:780 ) Second Quarter 2024 Results Key Financial Results Revenue: CN¥4.25b (up 48% from...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4099":"汽车制造商","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","LU2460026573.USD":"abrdn SICAV I -  CHINA NEXT GENERATION \"A\" (USD) ACC","BK7104":"黄金","BK1516":"腾讯概念","SG9999001093.SGD":"United Greater China Fund A Acc SGD","LU1115378108.SGD":"Eastspring Investments - Global Emerging Markets Dynamic AS SGD","SG9999001226.SGD":"UNITED SUSTAINABLE ASIA TOP 50 \"A\" (SGD) ACC","TTM.AU":"TITAN MINERALS LTD","BK4523":"印度概念","TTM":"塔塔汽车","00780":"同程旅行","BK1164":"酒店、度假村与豪华游轮","SG9999001051.SGD":"United Asia Fund SGD","SGXZ90724238.SGD":"UNITED ASIA \"A\" (SGD) INC","BK1604":"节假日概念"},"translate_title":"同程旅行控股2024年第二季度财报：每股收益未达预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00780":1,"TTM":1,"TTM.AU":1},"content_text":"Tongcheng Travel Holdings (HKG:780) Second Quarter 2024 ResultsKey Financial Results Revenue: CN¥4.25b (up 48% from 2Q 2023). Net income: CN¥433.7m (up 22% from 2Q 2023). Profit margin: 10% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. EPS: CN¥0.19 (up from CN¥0.16 in 2Q 2023).  SEHK:780 Earnings and Revenue Growth September 15th 2024 All figures shown in the chart above are for the trailing 12 month (TTM) period Tongcheng Travel Holdings EPS Misses Expectations  Revenue was in line with analyst estimates.  Earnings per share (EPS) missed analyst estimates by 3.4%.      Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong.    Performance of the Hong Kong Hospitality industry.  The company's shares are down 8.4% from a week ago.   Risk Analysis We don't want to rain on the parade too much, but we did also find 1 warning sign for Tongcheng Travel Holdings that you need to be mindful of. Valuation is complex, but we're here to simplify it.Discover if Tongcheng Travel Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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