TCOM FY 2017 Earnings Report — Trip.com Group Limited Revenue & Financial Results | Market Cap Arena

Trip.com Group LimitedTCOM

FY 2017 Earnings

Reported April 23, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2017	Prior Q	FY 2016	QoQ Change	YoY Change
Revenue	$3.9B	—	—	—	—
Op. Income	$430M	—	—	—	—
Gross Margin	82.5%	—	—	—	—
Net Margin	8.0%	—	—	—	—
EPS (Diluted)	$0.56	—	—	—	—
Free Cash Flow	$960M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$3.9B
Cost of Revenue	$683M
GROSS PROFIT	$3.2B
R&D Expenses	$1.2B
Selling & Marketing	$1.2B
General & Administrative	$383M
SG&A Expenses	$1.6B
Other Expenses	$0
Operating Expenses	$2.8B
Cost & Expenses	$3.5B
OPERATING INCOME	$430M
Interest Income	$144M
Interest Expense	$188M
Other Income/Expenses	$75M
INCOME BEFORE TAX	$505M
Income Tax Expense	$188M
Net Income from Continuing Ops	$317M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$315M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$315M
D&A	$128M
EBIT	$430M
EBITDA	$558M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.9B
Cost of Revenue	$683M
GROSS PROFIT	$3.2B
R&D Expenses	$1.2B
Selling & Marketing	$1.2B
General & Administrative	$383M
SG&A Expenses	$1.6B
Other Expenses	$0
Operating Expenses	$2.8B
Cost & Expenses	$3.5B
OPERATING INCOME	$430M
Interest Income	$144M
Interest Expense	$188M
Other Income/Expenses	$75M
INCOME BEFORE TAX	$505M
Income Tax Expense	$188M
Net Income from Continuing Ops	$317M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$315M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$315M
D&A	$128M
EBIT	$430M
EBITDA	$558M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$315M
Depreciation & Amortization	$129M
Stock-Based Compensation	$268M
Deferred Income Tax	-$25M
Other Non-Cash Items	$24M
Change in Working Capital	$321M
OPERATING CASH FLOW	$1.0B
Capital Expenditure	-$72M
Acquisitions (Net)	$165M
Purchases of Investments	-$2.3B
Sales/Maturities of Investments	-$3M
Other Investing Activities	-$54M
NET CASH FROM INVESTING	-$2.2B
Net Debt Issuance	$905M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$265M
NET CASH FROM FINANCING	$1.2B
FREE CASH FLOW	$960M
Net Change in Cash	-$28M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.7B
Short-Term Investments	$4.1B
Net Receivables	$844M
Inventory	$0
Other Current Assets	$339M
TOTAL CURRENT ASSETS	$8.7B
PP&E (Net)	$820M
Goodwill	$8.2B
Intangible Assets	$2.0B
Long-Term Investments	$3.7B
Tax Assets	$67M
Other Non-Current Assets	$157M
TOTAL NON-CURRENT ASSETS	$15.0B
TOTAL ASSETS	$23.7B
Account Payables	$1.1B
Short-Term Debt	$2.4B
Deferred Revenue	$1.1B
Other Current Liabilities	$54M
TOTAL CURRENT LIABILITIES	$6.2B
Long-Term Debt	$4.3B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$568M
Other Non-Current Liabilities	$51M
TOTAL NON-CURRENT LIABILITIES	$4.9B
TOTAL LIABILITIES	$11.0B
Common Stock	$729.7K
Additional Paid-In Capital	$10.4B
Retained Earnings	$1.3B
Treasury Stock	-$308M
Accum. Other Comp. Income	$987M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$12.4B
Minority Interest	$260M
TOTAL EQUITY	$12.6B
TOTAL LIABILITIES & EQUITY	$23.7B
Total Debt	$6.6B
Net Debt	$4.0B