高盛发表研报称，同程旅行净利润同比增速从上半年的11%，加快至第三季47%，至9.1亿元，较高盛及市场预期高出9%及10%。该行相信其利润率仍有进一步上升空间。国信证券指出，后续公司有望继续受益于微信生态低成本流量与下沉市场渗透红利，同时需要继续跟踪观察新渠道培育效果及出境游新业务扩张节奏与盈利验证。Tongcheng Travel (00780) rose more than 6% in early trading. As of press release, it rose 5.86% to HK$20.05, with a turnover of HK$0.11 billion.
The Zhitong Finance App learned that Tongcheng Travel (00780) rose more than 6% in early trading. As of press release, it had risen 5.86% to HK$20.05, with a turnover of HK$0.11 billion.
According to news, near the end of the year, snow and ice tours and cold weather tours continue to be popular. Many popular tourist cities are issuing cultural tourism vouchers one after another. Among them, Sichuan will launch 0.15 billion yuan cultural tourism gift packages, including 95 million yuan cultural tourism vouchers. Furthermore, Airbnb's data in China shows that compared with year-end holidays such as New Year's Day, the popularity of Chinese users' searches for outbound travel during the Spring Festival holiday soared nearly threefold.
Goldman Sachs published a research report saying that the year-on-year growth rate of Tongcheng Travel's net profit increased from 11% in the first half of the year to 47% in the third quarter to 0.91 billion yuan, which is 9% and 10% higher than Goldman Sachs and market expectations. The bank believes there is room for further increase in its profit margins. Guoxin Securities pointed out that subsequent companies are expected to continue to benefit from the WeChat ecosystem's low-cost traffic and sinking market penetration dividends. At the same time, they need to continue to track and observe the results of cultivating new channels and the pace of expansion and profit verification of new outbound travel businesses.
