Trip.com Group Limited (TCOM)

Nasdaq: TCOM · Services-Business Services, NEC · Singapore, SG · filing with the SEC since 2003

Full chart Alerts Compare

Grade7.0

◀ Past 5.4● Present 7.5▶ Future 7.5

1 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The grade of Trip.com Group Limited

Nine metrics read from its own filings, by tense

Headline grade

7.0/10

◀ Past5.425% of the headline

● Present7.535% of the headline

▶ Future7.540% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.4/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed

8.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 80th percentile among 105 sector filers · read for itself

From the record

Trip.com Group Limited's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed

5.3/10

What has it actually done, year after year?

+22.2% a year over 10 filed years; profitable in 7 of 10.

weight 45% of this tense · 53rd percentile among 99 sector filers · read for its customers

From the record

Trip.com Group Limited's 10 filed years say what it did: revenue went from CNY 3.1 billion in fiscal 2010 to CNY 62 billion in fiscal 2025, up 22.2% a year; it rose in 8 of 9 years; the deepest fall was 49% from fiscal 2019 to fiscal 2020; net income was positive in 7 of 10 of those years (its annual reports).

What it rests on

revenue growth over the filed span22.2%top 30% of its family
the share of years revenue rosetop 40% of its family
the share of filed years with a profittop 34% of its family
the deepest fall from a revenue peak48.6%bottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed

3.8/10

How has it treated the people who own it?

Share count grew 2.1% a year. 17% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 33% of this tense · 38th percentile among 70 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Trip.com Group Limited's diluted share count grew about 2.1% a year, and dividends and buybacks returned about 17% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

the share count over the yearsbottom 42% of its family
cash returned against operating cash flowbottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.5/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed

5.8/10

Is it financially healthy right now?

ROE 19%: 19¢ of profit per shareholder dollar. Leverage 35%: owes 35¢ per asset dollar.

weight 33% of this tense · 58th percentile among 98 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Trip.com Group Limited earned about 19 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 19 cents per dollar of everything the company owns. Leverage: it owed about 35 cents per dollar of assets, and net share issuance: its share count grew 1.4% over the year (the filed statements).

What it rests on

what it owes per dollar of assetstop 21% of its family
return on equitytop 26% of its family
gross profit against assetsbottom 38% of its family
the share count against the year beforebottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed

9.7/10

How strong is its position in its industry?

top 3% of 101 in its family; net margin 53.3%.

weight 45% of this tense · 97th percentile among 101 sector filers · read for its customers

From the record

Trip.com Group Limited's standing among 101 graded names in its industry family: revenue of CNY 62 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 53.3% ranks in the top 1%; revenue growth of 46% a year over the last 3 filed years ranks in the top 5% (its annual reports).

What it rests on

net margin53.3%top 1% of its family
three-year revenue growth46.0%top 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate

5.3/10

What are the people in charge doing?

SI estimate 5.3/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 73 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 73 members with one.
What the record cannot read: It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned: family median, 73 readings behind it.
Confidence: 20 of 100
What would change it: Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Trip.com Group Limited's leadership is put at 5.3 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 73 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

7.5/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed

8.0/10

How much room does it have to grow?

top 20% of 99 in its family for room to expand.

weight 33% of this tense · 80th percentile among 99 sector filers · read for itself

From the record

Trip.com Group Limited's room to grow, from the newest filed statements (fiscal 2025): cash of CNY 40 billion against debt of CNY 11 billion leaves 10.6% of its assets as net cash, top 39% of its family; cash from operations less capital spending is 21.8% of revenue (top 21%); a gross margin of 80.6% (top 8%); research spending of 24.3% of revenue (top 14%) (its annual report).

What it rests on

cash less debt against assets10.6%top 39% of its family
cash from operations less capital spending against revenue21.8%top 21% of its family
gross margin80.6%top 8% of its family
research spending against revenue24.3%top 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed

7.9/10

What could actually drive growth from here?

top 21% of 99 in its family for growth drivers.

weight 45% of this tense · 79th percentile among 99 sector filers · read for its customers

From the record

Trip.com Group Limited's growth drivers, from the filed years to fiscal 2025: revenue grew 46% a year over the last three filed years against 22.2% over all 10, speeding up (top 2% of its family); the newest year grew 17.1% (top 32%); research spending grew 22% a year (top 17%); capital spending grew 17% a year (top 34%) (its annual reports). Trip.com Group Limited reported 5 product lines in fiscal 2025: Accommodation Reservation Services at CNY 26 billion (42%), Transportation Ticketing Services at CNY 22 billion (36%), Product and Service Other at CNY 6.4 billion (10%), and 2 more; 5 of 5 grew against the year before (its annual report).

What it rests on

three-year growth against the whole span+23.8 points a yeartop 2% of its family
the newest year's revenue growth17.1%top 32% of its family
three-year growth of research spending22.0%top 17% of its family
three-year growth of capital spending17.0%top 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed

5.8/10

Did its newest year beat what its own record pointed to?

top 42% of 93 in its family for expectations against reality.

weight 22% of this tense · 58th percentile among 93 sector filers · read for its shareholders

From the record

Trip.com Group Limited's newest year against its own record: revenue of CNY 62 billion in fiscal 2025 came in 28.2% below the CNY 87 billion its prior three years' pace pointed to (bottom 5% of its family); net income of CNY 33 billion against a prior three-year average of CNY 9.5 billion (top 12%); a net margin of 53.3% against 20.4% before (top 19%) (its annual reports).

What it rests on

revenue against the prior three years' pace-28.2%bottom 5% of its family
net income against the prior three years' average+252%top 12% of its family
net margin against its prior average+32.9 pointstop 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TCOM · research, not advice