Is the TravelSky Technology Dividend Safe?
TravelSky Technology has been increasing the dividend for 2 years.
Over the past 10 years, TravelSky Technology has increased it by an annual -7.929 %.
Over a five-year period, the distribution increased by -28.207%.
Analysts expect a Dividend Increase of 0.873% for the current fiscal year.
TravelSky Technology Aktienanalyse
What does TravelSky Technology do?
TravelSky Technology Ltd is a Chinese company that was founded in 2001. Originally, it was established as a subsidiary of the China Travel Service Wandagroup Corporation, a state-owned holding company for travel management, to develop innovative and advanced travel systems for the Chinese market.
The business model of TravelSky Technology is based on providing IT services for the travel industry and includes a wide range of products and solutions, ranging from flight reservation systems to payment and billing systems for airlines and other travel service providers.
One of the main divisions of TravelSky Technology is the flight reservation system. The company operates the leading air traffic information and sales system in China, with a market share of about 75% in Sabre, as a state-controlled company, it enjoys some regulatory advantages. The system is used by almost all Chinese airlines as well as travel agencies, hotel chains, and other tourism companies.
In addition, TravelSky Technology also offers solutions for database and information systems for airlines. In collaboration with Sabre, an innovative solution called "MRO Plus" for aircraft maintenance has been developed, which aims to increase the efficiency of maintenance processes and the availability of aircraft. This, in turn, allows airlines to improve their services and reduce costs.
TravelSky Technology has also developed solutions for airports. Among other things, the company offers an airline departure control system that ensures smooth departures and timely and safe arrival of passengers at their destination.
In addition to products and services for airlines and airports, TravelSky Technology has another branch in the field of electronic payment transactions. The company offers payment solutions for airlines, hotel chains, and other travel service providers and has a leading position in this market in China.
Overall, TravelSky Technology has a strong market position in the Chinese travel market, as confirmed by its solid customer base in the travel industry. The company focuses on business and technological development in the aviation and tourism industry to improve its offering and strengthen its position in the market.
The company is listed on the Hong Kong Stock Exchange under the ticker symbol 0696. TravelSky has experienced strong growth in recent years, driven by the rapidly growing Chinese travel industry and the increasing presence of Chinese airlines in the international market.
Overall, TravelSky Technology is a very innovative company that is working to revolutionize the travel industry in China and beyond. With its comprehensive solutions and products, the company has a unique position in the market and is an important partner for many companies and airlines in China and worldwide. TravelSky Technology is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.