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TravelSky Technology Stock

TravelSky Technology Equity 2024

TravelSky Technology Equity

0 CNY

Ticker

696.HK

ISIN

CNE1000004J3

WKN

A0M4ZA

In 2024, TravelSky Technology's equity was 0 CNY, a -100% increase from the 19.23 B CNY equity in the previous 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 ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing TravelSky Technology's Equity

TravelSky Technology's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding TravelSky Technology's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating TravelSky Technology's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

TravelSky Technology's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in TravelSky Technology’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about TravelSky Technology stock

What is the equity of TravelSky Technology this year?

TravelSky Technology has equity of 0 CNY this year.

What was the equity of TravelSky Technology compared to the previous year?

The equity of TravelSky Technology has increased/decreased by -100% decreased compared to the previous year.

What impact does a high equity have on investors of TravelSky Technology?

A high equity is advantageous for investors of TravelSky Technology as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of TravelSky Technology?

A low equity can be a risk for investors of TravelSky Technology, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of TravelSky Technology affect the company?

An increase in equity of TravelSky Technology can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of TravelSky Technology affect the company?

A reduction in equity of TravelSky Technology can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of TravelSky Technology?

Some factors that can affect the equity of TravelSky Technology include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of TravelSky Technology so important for investors?

The equity of TravelSky Technology is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can TravelSky Technology take to change the equity?

To change equity, TravelSky Technology can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does TravelSky Technology pay?

Over the past 12 months, TravelSky Technology paid a dividend of 0.06 CNY . This corresponds to a dividend yield of about 0.72 %. For the coming 12 months, TravelSky Technology is expected to pay a dividend of 0.06 CNY.

What is the dividend yield of TravelSky Technology?

The current dividend yield of TravelSky Technology is 0.72 %.

When does TravelSky Technology pay dividends?

TravelSky Technology pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of TravelSky Technology?

TravelSky Technology paid dividends every year for the past 23 years.

What is the dividend of TravelSky Technology?

For the upcoming 12 months, dividends amounting to 0.06 CNY are expected. This corresponds to a dividend yield of 0.73 %.

In which sector is TravelSky Technology located?

TravelSky Technology is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von TravelSky Technology kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TravelSky Technology from 9/25/2024 amounting to 0.02 CNY, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.

When did TravelSky Technology pay the last dividend?

The last dividend was paid out on 9/25/2024.

What was the dividend of TravelSky Technology in the year 2023?

In the year 2023, TravelSky Technology distributed 0.064 CNY as dividends.

In which currency does TravelSky Technology pay out the dividend?

The dividends of TravelSky Technology are distributed in CNY.

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Andere Kennzahlen von TravelSky Technology

Our stock analysis for TravelSky Technology Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TravelSky Technology Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.