CTRP » Topics » Business Outlook

This excerpt taken from the CTRP 6-K filed Nov 18, 2008.

Business Outlook

For the fourth quarter of 2008, Ctrip expects the year-on-year net revenue growth rate to be in the range of 5-15%.

This excerpt taken from the CTRP 6-K filed Aug 14, 2008.

Business Outlook

For the third quarter of 2008, Ctrip expects the year-on-year net revenue growth rate to be in the range of 15-20%.

The board of directors has approved a share repurchase program, which is subject to shareholder approval during our annual general meeting currently scheduled in September 2008. The board has authorized Ctrip to repurchase, using funds from Ctrip’s available cash balance, up to US$15 million worth of its own ADSs. The repurchases will be made from time to time on the open market at prevailing market prices. The timing and extent of any purchases will depend upon market conditions, the trading price of ADSs and other factors, and be subject to the restrictions relating to volume, price and timing under applicable law, including Rule 10b-18 under the Securities Exchange Act of 1934. Ctrip’s board of directors or certain authorized officers will review the share repurchase program periodically, and may adjust its terms and size accordingly.

 

6


Table of Contents
This excerpt taken from the CTRP 6-K filed May 15, 2008.

Business Outlook

For the second quarter of 2008, Ctrip expects to continue the year-on-year net revenue growth of approximately 30%.

This excerpt taken from the CTRP 6-K filed Feb 28, 2008.

Business Outlook

For the full year 2008, the Company expects to continue the year-on-year net revenue growth at a rate of approximately 35%.

To support the future business expansion, the Company acquired the land use right to a piece of land in Nantong, in January 2008, Nantong is a city in Jiangsu Province and is approximately 110 kilometers north of Shanghai. The Company plans to build its second call center on this piece of land.

The new EIT law became effective on January 1, 2008. The tax rate under the new EIT law is generally 25%, except for certain entities that are subject to preferential tax treatments, such as high and new technology enterprises. However, no guideline has been published on requirements to be satisfied in order to enjoy the preferential tax treatments or on application procedures for such treatments. The Company would apply the general tax rate of 25% before the guidelines on preferential tax treatments are finalized and application for such treatments is approved. The effective tax rate that will eventually apply to the Company for 2008 will depend on many factors, including, but not limited to, whether certain Ctrip’s entities can qualify as high and new technology enterprises as such enterprises are defined under the new EIT law.

This excerpt taken from the CTRP 6-K filed Nov 8, 2007.

Business Outlook

For the fourth quarter of 2007, Ctrip expects to continue strong year-on-year net revenue growth of approximately 35%.

This excerpt taken from the CTRP 6-K filed Aug 6, 2007.

Business Outlook

For the third quarter of 2007, Ctrip expects to continue strong year-on-year net revenue growth of approximately 35%.

This excerpt taken from the CTRP 6-K filed May 17, 2007.

Business Outlook

For the second quarter of 2007, Ctrip expects to continue strong year-on-year net revenue growth of approximately 35%.

This excerpt taken from the CTRP 6-K filed Feb 12, 2007.

Business Outlook

For the full year 2007, Ctrip expects to continue the year-on-year net revenue growth at a rate of approximately 30%. Before share-based compensation charges, the company expects operating margin to be approximately 35%.

 

7


Table of Contents
This excerpt taken from the CTRP 6-K filed Nov 9, 2006.

Business Outlook

For the fourth quarter of 2006, Ctrip expects to continue the year-on-year net revenue growth at a rate of approximately 40%.

This excerpt taken from the CTRP 6-K filed Aug 10, 2006.

Business Outlook

For the third quarter of 2006, Ctrip expects to continue the year-on-year net revenue growth at a rate of approximately 40%.

This excerpt taken from the CTRP 6-K filed May 18, 2006.

Business Outlook

For the second quarter of 2006, Ctrip expects to continue strong year-on-year net revenue growth of approximately 40%.

This excerpt taken from the CTRP 6-K filed Feb 23, 2006.

Business Outlook

For the first quarter of 2006, the company expects solid year-on-year revenue growth of 35%. As the first quarter of each year is generally the weakest quarter due to the seasonality factor associated with the travel business, the company expects revenues in the first quarter of 2006 to decrease from the fourth quarter of 2005.

For the full year 2006, the company expects to continue to thrive in a healthy travel industry in China at an approximately 35% year-on-year revenue growth rate. The company expects operating margin to remain comparable to 2005 before share-based compensation expense.

Effective January 1, 2006, the company will account for share-based compensation in accordance with FAS No. 123R. The company estimates the total share-based compensation expenses in 2006 to be approximately US$8-9 million.

This excerpt taken from the CTRP 6-K filed Nov 14, 2005.

Business Outlook

 

For the fourth quarter of 2005, Ctrip expects to continue strong year-on-year net revenue growth of approximately 40%.

 

Ctrip also expects to distribute 30% of 2005 audited net income as dividends as approved by the shareholders and the board of directors, to the shareholders of record as of December 31, 2005.

 

This excerpt taken from the CTRP 6-K filed Aug 8, 2005.

BUSINESS OUTLOOK

 

For the third quarter of 2005, Ctrip expects to continue strong year-on-year revenue growth of approximately 40%. Net income is expected to achieve a similar level of year-on-year growth against the third quarter of 2004.

 

This excerpt taken from the CTRP 6-K filed Apr 29, 2005.

Business Outlook

 

For the second quarter of 2005, the company expects strong year-on-year revenue growth of approximately 40%. Net income is expected to achieve a similar level of growth compared to the second quarter of 2004.

 

This excerpt taken from the CTRP 6-K filed Feb 22, 2005.

Business Outlook

 

For the first quarter of 2005, the company expects healthy year-on-year revenue growth of 30-40%. Net income is expected to achieve a similar level of growth compared to the first quarter of 2004. The first quarter of each year is generally the most sluggish for business travel in China primarily as a result of the Chinese New Year Holidays, therefore the company expects revenues and net income in the first quarter of 2005 to decrease from the fourth quarter of 2004. However, the company looks forward to continuing its strong growth in 2005.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki