Trip.com Group Ltd Files 20-F Annual Report

TL;DR

<b>Trip.com Group Ltd has filed its 2023 annual report on Form 20-F, detailing financial performance and historical adjustments.</b>

AI Summary

Trip.com Group Ltd (TRPCF) filed a Foreign Annual Report (20-F) with the SEC on April 29, 2024. Trip.com Group Ltd filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. The filing retrospectively adjusted shares outstanding for a Share Subdivision effective March 18, 2021. As of December 31, 2021, cash and cash equivalents were RMB19.8 billion, with restricted cash at RMB1.4 billion. The company's fiscal year ends on December 31. The filing covers the periods 2020-12-31, 2021-12-31, 2022-12-31, and 2023-12-31.

Why It Matters

For investors and stakeholders tracking Trip.com Group Ltd, this filing contains several important signals. This filing provides a comprehensive overview of Trip.com's financial position and operational details for the fiscal year 2023, crucial for investors assessing the company's performance and future prospects. The retrospective adjustment for the share subdivision and specific cash balances reported for prior years offer historical context for evaluating current financial trends and stability.

Risk Assessment

Risk Level: low — Trip.com Group Ltd shows low risk based on this filing. The filing is a standard annual report (20-F) and does not contain new material events or significant negative disclosures, indicating a low level of immediate risk from this document alone.

Analyst Insight

Review the detailed financial statements and segment performance within the 20-F filing to understand Trip.com's revenue streams and profitability drivers for 2023.

Key Numbers

• 2023-12-31 — Fiscal Year End (Conformed Period of Report)
• 2024-04-29 — Filing Date (Date the 20-F was filed)
• 0001193125-24-122196 — Accession Number (Unique identifier for the filing)
• 001-33853 — SEC File Number (SEC's file number for the company)
• 000000000 — IRS Number (Company's IRS identification number)
• 2021-03-18 — Share Subdivision Effective Date (Date of share subdivision adjustment)

Key Players & Entities

• Trip.com Group Ltd (company) — Filer of the 20-F report
• CTRIP COM INTERNATIONAL LTD (company) — Former name of Trip.com Group Ltd
• RMB19.8 billion (dollar_amount) — Cash and cash equivalents as of December 31, 2021
• RMB1.4 billion (dollar_amount) — Restricted cash as of December 31, 2021

FAQ

Key Dates

• 2023-12-31: Fiscal Year End — End of the reporting period for the 20-F
• 2024-04-29: Filing Date — Date the 20-F was officially submitted to the SEC
• 2021-03-18: Share Subdivision Effective Date — Date of a significant share structure adjustment impacting historical share counts

Key Financial Figures

• $0.00125 — senting one ordinary share, par value US$0.00125 per share) TCOM Nasdaq Stock Market
• $1 — s were made at a rate of RMB7.0999 to US$1.00, which was the exchange rate in effe
• $1.00 — as of April 19, 2024 was RMB7.2403 to US$1.00 . We make no representation that any Re

Filing Documents

• d630811d20f.htm (20-F) — 3752KB
• d630811dex212.htm (EX-2.12) — 135KB
• d630811dex81.htm (EX-8.1) — 4KB
• d630811dex111.htm (EX-11.1) — 40KB
• d630811dex121.htm (EX-12.1) — 10KB
• d630811dex122.htm (EX-12.2) — 10KB
• d630811dex131.htm (EX-13.1) — 3KB
• d630811dex132.htm (EX-13.2) — 3KB
• d630811dex151.htm (EX-15.1) — 4KB
• d630811dex152.htm (EX-15.2) — 5KB
• d630811dex153.htm (EX-15.3) — 2KB
• d630811dex97.htm (EX-97) — 27KB
• g630811dsp43.jpg (GRAPHIC) — 6KB
• g630811g0402212909268.jpg (GRAPHIC) — 3KB
• g630811page009.jpg (GRAPHIC) — 193KB
• 0001193125-24-122196.txt (&nbsp;) — 16064KB
• tcom-20231231.xsd (EX-101.SCH) — 118KB
• tcom-20231231_cal.xml (EX-101.CAL) — 101KB
• tcom-20231231_def.xml (EX-101.DEF) — 498KB
• tcom-20231231_lab.xml (EX-101.LAB) — 857KB
• tcom-20231231_pre.xml (EX-101.PRE) — 716KB
• d630811d20f_htm.xml (XML) — 2663KB

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 133 ITEM 12.

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES 133 PART II. 138 ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES 138 ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS 138 ITEM 15.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 138 ITEM 16. [RESERVED] 139 ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT 139 ITEM 16B. CODE OF ETHICS 139 ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES 139 ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES 139 ITEM 16E. PURCHASE OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS 139 ITEM 16F. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT 140 ITEM 16G. CORPORATE GOVERNANCE 140 ITEM 16H. MINE SAFETY DISCLOSURE 141 ITEM 16I. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 141 ITEM 16J. INSIDER TRADING POLICIES 141 ITEM 16K. CYBERSECURITY 141 PART III. 143 ITEM 17.

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 143 ITEM 18.

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 143 ITEM 19. EXHIBITS 143

SIGNATURES

SIGNATURES 147 i Table of Contents INTRODUCTION In this annual report, unless otherwise indicated or unless the context otherwise requires: "ADSs" refers to American depositary shares, each of which represents one ordinary share; "CCASS" refers to the Central Clearing and Settlement System established and operated by Hong Kong Securities Clearing Company Limited, a wholly-owned subsidiary of Hong Kong Exchange and Clearing Limited; "China" or "PRC" refers to the People's Republic of China, and, unless the context requires otherwise and solely for the purpose of this annual report such as describing legal or tax matters, authorities, entities, or persons, excludes Hong Kong S.A.R., Macao S.A.R., and Taiwan region of the People's Republic of China; "CSRC" refers to the China Securities Regulatory Commission; "GMV" refers to gross merchandise volume, the total value of merchandise sold through our platform during a given period; "Hong Kong" or "Hong Kong S.A.R." refers to the Hong Kong Special Administrative Region of the People's Republic of China; "Hong Kong dollars" or "HK

View Full Filing

View this 20-F filing on SEC EDGAR