Trip Fixed Asset Turnover from 2010 to 2024

TCOM Stock  USD 64.65  0.85  1.33%   
Trip Group Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to drop to 5.34. During the period from 2010 to 2024, Trip Group Fixed Asset Turnover quarterly data regression pattern had sample variance of  2.53 and median of  3.81. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
7.69669722
Current Value
5.34
Quarterly Volatility
1.58904305
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trip Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trip Group's main balance sheet or income statement drivers, such as Interest Expense of 2.2 B, Selling General Administrative of 3.9 B or Selling And Marketing Expenses of 9.7 B, as well as many indicators such as Price To Sales Ratio of 3.64, Dividend Yield of 8.0E-4 or PTB Ratio of 1.46. Trip financial statements analysis is a perfect complement when working with Trip Group Valuation or Volatility modules.
  
Check out the analysis of Trip Group Correlation against competitors.

Latest Trip Group's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Trip Group Ltd over the last few years. It is Trip Group's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trip Group's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Trip Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.13
Geometric Mean3.81
Coefficient Of Variation38.49
Mean Deviation1.27
Median3.81
Standard Deviation1.59
Sample Variance2.53
Range6.2894
R-Value0.23
Mean Square Error2.58
R-Squared0.05
Significance0.42
Slope0.08
Total Sum of Squares35.35

Trip Fixed Asset Turnover History

2024 5.34
2023 7.7
2022 3.33
2021 3.17
2020 2.71
2019 4.86
2018 5.27

About Trip Group Financial Statements

Trip Group investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Trip Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 7.70  5.34 

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When determining whether Trip Group is a strong investment it is important to analyze Trip Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Trip Group's future performance. For an informed investment choice regarding Trip Stock, refer to the following important reports:
Check out the analysis of Trip Group Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trip Group. If investors know Trip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trip Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.926
Earnings Share
2.86
Revenue Per Share
74.603
Quarterly Revenue Growth
0.136
Return On Assets
0.0348
The market value of Trip Group is measured differently than its book value, which is the value of Trip that is recorded on the company's balance sheet. Investors also form their own opinion of Trip Group's value that differs from its market value or its book value, called intrinsic value, which is Trip Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trip Group's market value can be influenced by many factors that don't directly affect Trip Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trip Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trip Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trip Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.