April 6 news, according to the Hong Kong stock exchange documents, Ctrip has passed the listing hearing of the Hong Kong stock exchange.
Previously, it was reported that Ctrip would consider offering shares to the public as soon as next week, raising 1-2 billion US dollars. Ctrip declined to comment.
Founded in 1999, Ctrip has been listed on NASDAQ as early as December 2003 and is now the second highest online travel service company in the world.
According to the financial report, Ctrip's revenue in 2020 was 18.3 billion yuan, which was sharply reduced by 49% year on year under the impact of the epidemic. Among them, the revenue of hotel reservation business was 7.1 billion yuan, a year-on-year decrease of 47%, and the annual revenue of traffic ticketing business was 7.1 billion yuan, a year-on-year decrease of 49%.
In 2020, Ctrip's gross profit will be 14.3 billion yuan, a year-on-year decrease of 49%,However, the gross profit rate was still 78%, only 1.3 percentage points lower, especially as high as 82% in the fourth quarter.
Ctrip said that the stability of gross profit margin is mainly due to the change of product structure and the continuous improvement of service efficiency.
Ctrip also stressed that although it will be greatly impacted by the epidemic in 2020, it has a certain anti risk ability at the business level.
In addition, the domestic epidemic has been basically under control, and the global vaccine promotion is relatively smooth, which is considered to be a good time for Ctrip to go on the market again.
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