KRKR vs TCOM
36Kr Holdings Inc. and Trip.com Group Ltd., side by side — 9 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | KRKR | TCOM |
|---|---|---|
| Revenue | CNY 227.9M | CNY 62.5B |
| Net income | CNY 11.4M | CNY 33.3B |
| Gross margin | 57.7% | 80.4% |
| Net margin | 5.0% | 53.4% |
| Return on equity | 9.3% | 21.3% |
| Diluted EPS | CNY 0.01 | · |
| Dividend / share | · | · |
| Payout ratio | · | 4.3% |
| Free cash flow | CNY 18.9M | CNY 13.6B |
| Equity | CNY 128.8M | CNY 170.8B |
| Net debt / equity | · | −0.05× |
| Current ratio | 1.21× | 1.55× |
| Revenue CAGR 5y | −10.0% | 27.8% |
| Profit CAGR 5y | · | · |
TCOM bills 274.2× the revenue of KRKR, and keeps more of each dollar of revenue as profit (53.4% against 5.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | KRKR | TCOM |
|---|---|---|
| FY2025 | CNY 227.9M | CNY 62.5B |
| FY2024 | CNY 231.1M | CNY 53.4B |
| FY2023 | CNY 340.2M | CNY 44.6B |
| FY2022 | CNY 322.5M | CNY 20.1B |
| FY2021 | CNY 316.8M | CNY 20.0B |
| FY2020 | CNY 386.8M | CNY 18.3B |
| FY2019 | CNY 655.6M | CNY 35.7B |
| FY2018 | CNY 299.1M | CNY 31.1B |
| FY2017 | CNY 120.5M | CNY 27.0B |
Bottom line
| Fiscal year | KRKR | TCOM |
|---|---|---|
| FY2025 | CNY 11.4M | CNY 33.3B |
| FY2024 | CNY -140.8M | CNY 17.1B |
| FY2023 | CNY -89.2M | CNY 9.9B |
| FY2022 | CNY 22.6M | CNY 1.4B |
| FY2021 | CNY -90.6M | CNY -550.0M |
| FY2020 | CNY -279.3M | CNY -3.2B |
| FY2019 | CNY -25.9M | CNY 7.0B |
| FY2018 | CNY 40.5M | CNY 1.1B |
| FY2017 | CNY 7.9M | CNY 2.2B |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −CNY 62,282,063,000 | TCOM |
| FY2024 | −CNY 53,145,930,000 | TCOM |
| FY2023 | −CNY 44,221,815,000 | TCOM |
| FY2022 | −CNY 19,732,503,000 | TCOM |
| FY2021 | −CNY 19,712,221,000 | TCOM |
| FY2020 | −CNY 17,940,236,000 | TCOM |
| FY2019 | −CNY 35,060,394,000 | TCOM |
| FY2018 | −CNY 30,804,907,000 | TCOM |
| FY2017 | −CNY 26,872,493,000 | TCOM |
TCOM has reported the higher revenue in every one of these 9 fiscal years. The gap has widened since the earliest year compared.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −48.4 pp | TCOM |
| FY2024 | −93.2 pp | TCOM |
| FY2023 | −48.7 pp | TCOM |
| FY2022 | +0.2 pp | KRKR |
| FY2021 | −25.4 pp | TCOM |
| FY2020 | −54.4 pp | TCOM |
| FY2019 | −23.5 pp | TCOM |
| FY2018 | +10.0 pp | KRKR |
| FY2017 | −1.5 pp | TCOM |
The higher net margin has changed hands between KRKR and TCOM over this period.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KRKR's net margin has been more volatile than TCOM's over the 9 comparable fiscal years — 29.7 percentage points of standard deviation against 19.7.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between KRKR and TCOM over these 9 fiscal years — KRKR led in 2 and TCOM in 7.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
KRKR's return on equity has been more volatile than TCOM's over the 6 comparable fiscal years — 30.7 percentage points of standard deviation against 8.5.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between KRKR and TCOM over these 6 fiscal years — KRKR led in 1 and TCOM in 5.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.