tiprankstipranks
Tongcheng Travel Holdings Limited (HK:0780)
:0780
Hong Kong Market
0780
Tongcheng Travel Holdings Limited
RESEARCH TOOLSreports
Want to see HK:0780 full AI Analyst Report?

Tongcheng Travel Holdings Limited (0780) Earnings Dates, Call Summary & Reports

7 Followers

Earnings Data

Report Date
Aug 25, 2026
TBA (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
0.43
Last Year’s EPS
0.39
Same Quarter Last Year
Analyst Consensus
Strong Buy
Based on 19 Analysts Ratings

Earnings Call Summary

Q1 2026
Earnings Call Date:May 21, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented multiple robust positives: double-digit revenue and profit growth, strong core OTA performance, record user metrics, rapid expansion of the hotel management portfolio, large cash balance and accelerated AI adoption. Headwinds were highlighted in transportation and tourism due to higher airfares, geopolitical risk and regulatory changes in train ticketing, and S&M spending increased to capture demand. Management articulated clear mitigation steps (cost controls, reallocation to accommodation and short-haul offerings, AI efficiency gains) and a confident outlook. On balance, the highlights substantially outweigh the lowlights.
Company Guidance
Management guided that 2026 should see continued industry acceleration—fueled by new spring/autumn breaks—and reiterated a focus on the core OTA and fast-growing hotel management business, targeting margin improvement for Q2 and the full year; they pointed to Q1 results of RMB 5.0 billion revenue (+14.4% YoY), RMB 3.5 billion gross profit (+16.1%), RMB 1.4 billion adjusted EBITDA (+19.8%), and RMB 941 million adjusted net profit (+19.4%) (adjusted basic EPS RMB 0.4, +17.6%), with core OTA revenue RMB 4.4 billion (+17.3%), accommodation RMB 1.4 billion (+14.7%), transportation RMB 2.1 billion (+6.2%), other RMB 961 million (+59.6%) and tourism RMB 556 million (-5.0%); key operating metrics include annual paying users of 254 million (12 months ended March), >2 billion accumulated travelers (~>8 purchases per user), Q1 MPUs 46 million, annual ARPU ~RMB 79 (+9.2% YoY), stand‑alone app DAUs +20% YoY, >3,200 hotels in operation with >1,900 in the pipeline, cash and short‑term investments ~RMB 13 billion, and structural trends (outbound room nights ~+50% YoY, outbound mix ≈6% of accommodation+transportation revenue, train ticketing now <20% of OTA revenue); near‑term expectations: Q2 transportation faces headwinds from higher airfares so marketing will be reallocated to accommodation/short‑haul, promotional spend tightened, fixed costs streamlined and AI (DeepTrip, service automation) leveraged to drive efficiency and sustained margin expansion.
Strong Top-Line and Profit Growth
Revenue reached RMB 5.0 billion, up 14.4% year-over-year; adjusted net profit was RMB 941 million, up 19.4% YoY; adjusted EBITDA grew 19.8% YoY to RMB 1.4 billion; gross profit increased 16.1% YoY to RMB 3.5 billion.
Core OTA Momentum
Core OTA revenue rose 17.3% YoY to RMB 4.4 billion; operating profit margin for core OTA was 29.3% indicating strong profitability in the core business.
Accommodation Business Strength
Accommodation revenue was RMB 1.4 billion, up 14.7% YoY; mix of high-quality hotel room nights increased by ~4 percentage points YoY; ADR recorded single-digit growth and contributed to revenue outpacing room-night growth.
Hotel Management Scale-Up
Total hotels in operation exceeded 3,200 with more than 1,900 in the pipeline; consolidation of Wanda Hotels and Resorts materially contributed to growth and margin improvement in the segment.
Outstanding Growth in 'Other' Business
Other business revenue reached RMB 961 million, up 59.6% YoY, driven by wholesale management and Wanda consolidation.
User Metrics and Monetization Gains
Annual paying users hit a record 254 million; accumulated travelers served exceeded 2 billion; MPUs were 46 million for the quarter; annual ARPU rose to ~RMB 79, up ~9.2% YoY.
Cash and Financial Position
Strong liquidity with cash, restricted cash and short-term investments totaling RMB 13 billion as of Mar 31, 2026.
Technology and AI Adoption
Expanded AI agent DeepTrip capabilities and integrations (transport, air ticketing, third-party AI platforms); increased automation in customer service, launched real-time simultaneous interpretation and embedded AI to improve conversion and efficiency.
User Acquisition and Engagement
Standalone app DAUs increased by over 20% YoY; success of targeted marketing and upgraded dynamic platinum membership improved engagement and high-value user stickiness.

Tongcheng Travel Holdings Limited (HK:0780) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
Daily Earnings Calendar >

HK:0780 Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 25, 2026
2026 (Q2)
0.43 / -
0.393―――
May 21, 2026
2026 (Q1)
0.45 / 0.46
0.39317.65% (+0.07)――
Mar 24, 2026
2025 (Q4)
0.37 / 0.38
0.33513.79% (+0.05)―
Nov 25, 2025
2025 (Q3)
0.51 / 0.53
0.4517.69% (+0.08)――
Aug 18, 2025
2025 (Q2)
0.37 / 0.39
0.3318.88% (+0.06)――
May 23, 2025
2025 (Q1)
0.37 / 0.39
0.27741.67% (+0.12)――
Mar 20, 2025
2024 (Q4)
0.31 / 0.33
0.24238.10% (+0.09)――
Nov 19, 2024
2024 (Q3)
0.42 / 0.45
0.31343.91% (+0.14)――
Aug 20, 2024
2024 (Q2)
0.32 / 0.33
0.310.00% (+0.03)――
May 21, 2024
2024 (Q1)
0.27 / 0.28
0.266.67% (+0.02)――
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

HK:0780 Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 21, 2026
HK$16.40HK$15.68-4.39%
Mar 24, 2026
HK$18.60HK$18.75+0.81%
Nov 25, 2025
HK$21.40HK$21.62+1.03%
Aug 18, 2025
HK$19.70HK$19.66-0.20%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Tongcheng Travel Holdings Limited (HK:0780) report earnings?
Tongcheng Travel Holdings Limited (HK:0780) is schdueled to report earning on Aug 25, 2026, TBA (Confirmed).
    What is Tongcheng Travel Holdings Limited (HK:0780) earnings time?
    Tongcheng Travel Holdings Limited (HK:0780) earnings time is at Aug 25, 2026, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of Tongcheng Travel Holdings Limited stock?
          The P/E ratio of Tongcheng Travel Holdings Limited is N/A.
            What is HK:0780 EPS forecast?
            HK:0780 EPS forecast for the fiscal quarter 2026 (Q2) is 0.43.