TCOM vs UXIN
Trip.com Group Ltd. and Uxin Ltd., side by side — 9 fiscal years reported in CNY, drawn from SEC filings.
Most recent reported year
| Metric | TCOM | UXIN |
|---|---|---|
| Revenue | CNY 62.5B | CNY 3.2B |
| Net income | CNY 33.3B | CNY -262.5M |
| Gross margin | 80.4% | 6.7% |
| Net margin | 53.4% | −8.1% |
| Return on equity | 21.3% | · |
| Diluted EPS | · | CNY 0.00 |
| Dividend / share | · | · |
| Payout ratio | 4.3% | · |
| Free cash flow | CNY 13.6B | CNY -525.8M |
| Equity | CNY 170.8B | CNY -230.9M |
| Net debt / equity | −0.05× | · |
| Current ratio | 1.55× | 0.76× |
| Revenue CAGR 5y | 27.8% | · |
| Profit CAGR 5y | · | · |
TCOM bills 19.3× the revenue of UXIN, and UXIN closed the last reported year at a loss.
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 | TCOM | UXIN |
|---|---|---|
| FY2025 | CNY 62.5B | CNY 3.2B |
| FY2023 | CNY 44.6B | CNY 1.4B |
| FY2022 | CNY 20.1B | CNY 2.1B |
| FY2021 | CNY 20.0B | CNY 1.6B |
| FY2020 | CNY 18.3B | CNY 657.4M |
| FY2019 | CNY 35.7B | CNY 1.6B |
| FY2018 | CNY 31.1B | CNY 659.1M |
| FY2017 | CNY 27.0B | CNY 309.1M |
| FY2016 | CNY 19.8B | CNY 824.5M |
Bottom line
| Fiscal year | TCOM | UXIN |
|---|---|---|
| FY2025 | CNY 33.3B | CNY -262.5M |
| FY2023 | CNY 9.9B | CNY -369.5M |
| FY2022 | CNY 1.4B | CNY -137.2M |
| FY2021 | CNY -550.0M | CNY -143.2M |
| FY2020 | CNY -3.2B | CNY -421.2M |
| FY2019 | CNY 7.0B | CNY -2.0B |
| FY2018 | CNY 1.1B | CNY -1.5B |
| FY2017 | CNY 2.2B | CNY -2.7B |
| FY2016 | CNY -1.4B | CNY -1.4B |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CNY 59,270,307,000 | TCOM |
| FY2023 | +CNY 43,187,271,000 | TCOM |
| FY2022 | +CNY 17,995,759,000 | TCOM |
| FY2021 | +CNY 18,392,884,000 | TCOM |
| FY2020 | +CNY 17,669,592,000 | TCOM |
| FY2019 | +CNY 34,127,969,000 | TCOM |
| FY2018 | +CNY 30,444,910,000 | TCOM |
| FY2017 | +CNY 26,683,867,000 | TCOM |
| FY2016 | +CNY 18,980,499,000 | 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 | +61.5 pp | TCOM |
| FY2023 | +49.3 pp | TCOM |
| FY2022 | +13.5 pp | TCOM |
| FY2021 | +5.5 pp | TCOM |
| FY2020 | +46.2 pp | TCOM |
| FY2019 | +144.9 pp | TCOM |
| FY2018 | +236.9 pp | TCOM |
| FY2017 | +896.9 pp | TCOM |
| FY2016 | +160.7 pp | TCOM |
TCOM has kept the higher net margin in every one of these 9 fiscal years.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UXIN's net margin has been more volatile than TCOM's over the 9 comparable fiscal years — 265.3 percentage points of standard deviation against 19.6.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
TCOM led in net margin in every one of the 9 comparable fiscal years — a structural lead, not a recent swing.
9 of 18 comparable fiscal years — a year missing data on either side is not counted.