Refile: China's Trip.com posts Q2 net loss on anti-monopoly penalty

Trip.com

15/09/2026 23:18

Corrects syntax in headline to say company reported Q2 net loss

Overview
China travel platform's Q2 revenue grew 6% yr/yr to RMB15.7 bln
Adjusted EPS for Q2 rose slightly to RMB7.27
Company posted net loss of RMB2.4 bln due to RMB5.2 bln anti-monopoly penalty

Outlook
Company did not provide specific guidance for the current quarter or full year

Result Drivers
INTERNATIONAL GROWTH - Co said international platform revenue rose over 50% yr/yr, with inbound travel revenue up at a high double-digit rate
MACRO HEADWINDS - Co attributed quarter-over-quarter revenue decline and lower transportation ticketing revenue to elevated energy prices and geopolitical volatility
REGULATORY IMPACT - Accommodation revenue growth partly offset by contra-revenue imposed by Chinese regulator

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
RMB 15.70 bln
 
Q2 Adjusted EPS
 
RMB 7.27
 
Q2 Loss Per Share
 
RMB 3.89
 
Q2 Net Loss
 
RMB 2.40 bln
 
Q2 Adjusted EBITDA
 
RMB 4.60 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy"
Wall Street's median 12-month price target for Trip.com Group Limited is HK$508.00, about 63.2% above its September 15 closing price of HK$311.20
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)