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TravelSky Technology Stock

TravelSky Technology Liabilities 2024

TravelSky Technology Liabilities

0 CNY

Ticker

696.HK

ISIN

CNE1000004J3

WKN

A0M4ZA

In 2024, TravelSky Technology's total liabilities amounted to 0 CNY, a -100% difference from the 6.01 B CNY total liabilities 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.

Liabilities Details

Assessing TravelSky Technology's Liabilities

TravelSky Technology's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating TravelSky Technology's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing TravelSky Technology's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

TravelSky Technology's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in TravelSky Technology’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about TravelSky Technology stock

What is the level of liabilities of TravelSky Technology this year?

TravelSky Technology has a debt balance of 0 CNY this year.

What were the liabilities of TravelSky Technology compared to the previous year?

The liabilities of TravelSky Technology have increased by -100% dropped compared to the previous year.

What are the consequences of high debt for investors of TravelSky Technology?

High liabilities can pose a risk for investors of TravelSky Technology, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in TravelSky Technology?

Low liabilities mean that TravelSky Technology has a strong financial position and is able to meet its obligations without overburdening its finances.

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

An increase in liabilities of TravelSky Technology can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

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

A decrease in the liabilities of TravelSky Technology can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

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

Some factors that can influence the liabilities of TravelSky Technology include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of TravelSky Technology so important for investors?

The liabilities of TravelSky Technology are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can TravelSky Technology take to modify the liabilities?

To change its liabilities, TravelSky Technology can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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.