Ctrip.com International Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

November 2024 | 50 pages | ID: CD122259531BEN
BAC Reports

Abstracts

Ctrip.com International Ltd. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Ctrip.com International Ltd. and its competitors. This provides our Clients with a clear understanding of Ctrip.com International Ltd. position in the Restaurants and Leisure Industry.

• The report contains detailed information about Ctrip.com International Ltd. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Ctrip.com International Ltd.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Ctrip.com International Ltd. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Ctrip.com International Ltd. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Ctrip.com International Ltd. business.

About Ctrip.com International Ltd.

Ctrip.com International, Ltd. provides travel services for hotel accommodations, airline tickets, and packaged tours in the People’s Republic of China.

The company aggregates information on hotels and flights and enables its customers to make informed hotel and flight bookings. The company also sells packaged tours that include transportation and accommodations, as well as guided tours in some instances. The company targets its services primarily at business and leisure travelers in China who do not travel in groups. As of December 31, 2009, it had secured room supply relationships with approximately 9,800 hotels in China and approximately 19,000 hotels abroad, which cover a range of hotels in terms of price and geographical location.

The company operates as a consolidator of airline tickets in China. Its airline ticket suppliers include Chinese airlines and various international airlines that operate flights originating from China. The company’s customers can make flight reservations on their chosen routes and arrange ticket payment and delivery through its ticketing offices and third-party agencies located in over 50 major cities in China. The company also offers independent leisure travelers bundled package-tour products, which include transportation and accommodations, as well as guided tours in some instances. The company’s package-tour products cover various domestic and international destinations.

Products and Services

The company primarily offers hotel reservation and air-ticketing services. In addition, it offers other products and services, including packaged tours, mostly bundled by the company, that cover hotel, air tickets and transportation.

Hotel Reservations: The company acts as agent in its hotel-related transactions. Its customers receive confirmed bookings and generally pay the hotels directly upon completion of their stays, and in general, the company pays no penalty to the hotels if its customers do not check in. For some of its hotel suppliers, the company earns pre-negotiated fixed commissions on hotel rooms it sells. For other hotels, the company has commission arrangements that it refers to as the ‘ratchet system,’ whereby its commission rate per room night is adjusted upward with the increase in the volume of room nights the company sells for such hotel during such month.

The company contracts with hotels for rooms under two agency models, the ‘guaranteed allotment’ model and the ‘on-request’ model. In addition to the agreements that it enters into with all of its hotel suppliers, the company enters into a supplemental agreement with each of the hotel suppliers with which it has a guaranteed allotment arrangement.

Air-ticketing: The company sells air tickets for major domestic Chinese airlines, including Air China, China Eastern Airlines, China Southern Airlines and Hainan Airlines and various international airlines operating flights that originate from cities in China, such as Dragon Air, Singapore Airlines, United Airlines, Lufthansa, Emirates Airlines, and Qantas Airways. In air-ticketing transactions, a customer generally pays the ticket delivery agent upon delivery of the ticket. The customer also has the option of picking up a ticket at the ticketing office or obtaining an electronic ticket.

Packaged-tour: The company also offers independent leisure travelers bundled package-tour products, which include transportation and accommodations, as well as guided tours in some instance. The company’s package-tour products cover various domestic and international destinations.

Other Products and Services: The company offers travel-related businesses and other third parties the opportunity to advertise on its Web sites. It sells property management system (PMS) and provides related maintenance service to hotel operators. The company also sells travel guidebooks, which provide useful information for independent travelers. It provides air-ticket delivery and insurance services to its customers. In addition, the company also sells VIP membership cards that allow cardholders to enjoy certain priority in obtaining its services and receiving discounts from various restaurants, clubs, and bars in various cities in China. It also offers these membership cards free of charge to select customers who have purchased a certain amount of travel services from the company.

Competition

The company competes primarily with other consolidators of hotel accommodations and flight reservation services based in China, such as eLong, Inc., which is controlled by IAC/InterActiveCorp, which owns online travel businesses, including Expedia, Hotels.com, Hotwire, and the WWTE private label; and Mangocity.com. The company also competes with traditional travel agencies and new travel searching engines, such as Qunar.com and Taobao.com.

History

Ctrip.com International, Ltd. was founded in 1999.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. CTRIP.COM INTERNATIONAL LTD. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. CTRIP.COM INTERNATIONAL LTD. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. CTRIP.COM INTERNATIONAL LTD. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. CTRIP.COM INTERNATIONAL LTD. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. CTRIP.COM INTERNATIONAL LTD. COMPETITORS AND INDUSTRY ANALYSIS

5.1. Ctrip.com International Ltd. Direct Competitors
5.2. Comparison of Ctrip.com International Ltd. and Direct Competitors Financial Ratios
5.3. Comparison of Ctrip.com International Ltd. and Direct Competitors Stock Charts
5.4. Ctrip.com International Ltd. Industry Analysis
5.4.1. Restaurants and Leisure Industry Snapshot
  5.4.2. Ctrip.com International Ltd. Industry Position Analysis

6. CTRIP.COM INTERNATIONAL LTD. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. CTRIP.COM INTERNATIONAL LTD. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. CTRIP.COM INTERNATIONAL LTD. ENHANCED SWOT ANALYSIS²

9. CHINA PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. CTRIP.COM INTERNATIONAL LTD. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. CTRIP.COM INTERNATIONAL LTD. PORTER FIVE FORCES ANALYSIS²

12. CTRIP.COM INTERNATIONAL LTD. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

Ctrip.com International Ltd. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Ctrip.com International Ltd. 1-year Stock Charts
Ctrip.com International Ltd. 5-year Stock Charts
Ctrip.com International Ltd. vs. Main Indexes 1-year Stock Chart
Ctrip.com International Ltd. vs. Direct Competitors 1-year Stock Charts
Ctrip.com International Ltd. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

Ctrip.com International Ltd. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Ctrip.com International Ltd. Key Executives
Ctrip.com International Ltd. Major Shareholders
Ctrip.com International Ltd. History
Ctrip.com International Ltd. Products
Revenues by Segment
Revenues by Region
Ctrip.com International Ltd. Offices and Representations
Ctrip.com International Ltd. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Ctrip.com International Ltd. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Ctrip.com International Ltd. Capital Market Snapshot
Ctrip.com International Ltd. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Restaurants and Leisure Industry Statistics
Ctrip.com International Ltd. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Ctrip.com International Ltd. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?