On Nov. 9, Ctrip.com International (NASDAQ:CTRP), a travel services company, released third-quarter earnings for the period ended Sept. 30.
- Sales increased by 51.7%, driven by a 30% increase in hotel reservation revenues.
- Gross margin dropped because more revenue came from lower-margin airline ticketing and packaged tours.
- Diluted EPS remained the same at $0.25, while diluted shares increased 1.8%.
- Ctrip has a four-star rating in Motley Fool CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q3 2006 |
Q3 2005 |
Change | |
|---|---|---|---|
|
Sales |
$26,335.5 |
$17,364.6 |
51.7% |
|
Net Profit |
$8,185.3 |
$8,097.3 |
1.1% |
|
EPS |
$0.25 |
$0.25 |
0.0% |
|
Diluted Shares |
33,366.8 |
32,772.5 |
1.8% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* | |
|---|---|---|---|
|
Gross Margin |
79.0% |
82.9% |
(3.9) |
|
Operating Margin |
30.8% |
44.4% |
(13.6) |
|
Net Margin |
31.1% |
46.6% |
(15.6) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$96,077.6 |
$82,204.0 |
16.9% |
|
Accounts Rec. |
$17,111.6 |
$7,976.4 |
114.5% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
$17,988.0 |
$7,122.9 |
152.5% |
|
Long-Term Debt |
$0.0 |
$0.0 |
N/A |
Learn the ways of the balance sheet.
Cash Flow Highlights
No data provided.
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Related Companies:
- Digital Insight (NASDAQ:DGIN)
- Expedia (NASDAQ:EXPE)
- IAC/Interactive (NASDAQ:IACI)
Related Foolishness:
Ctrip.com is a Motley Fool Hidden Gems recommendation. A free trial will help you learn more about finding undiscovered small caps with huge potential. For further research on stocks, check out CAPS, the Fool's newest community.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
