Trip.com (TCOM) Notes Payables (2009 - 2025)
Trip.com (TCOM) posted Notes Payables of $48.5 million for Q4 2025, down 12.24% on a QoQ basis from $55.3 million in Q4 2024, and down 12.24% year-over-year from $55.3 million in Q4 2024.
Analysis
Trip.com (TCOM) Notes Payables (2009 - 2025) Analysis & Trends
Trip.com has reported Notes Payables for 17 years, with the latest figure at $48.5 million in Q4 2025.
- On a quarterly basis, Notes Payables fell 12.24% year-over-year to $48.5 million in Q4 2025; TTM through Dec 2025 was $48.5 million, a 12.24% decrease from a year earlier, with the FY2025 full-year figure at $49.0 million, down 9.26% from the prior year.
- Notes Payables was $48.5 million for Q4 2025 at Trip.com, down from $55.3 million in the prior quarter.
- The five-year high for Notes Payables was $55.3 million in Q4 2024, with the low at $21.6 million in Q4 2021.
- Average Notes Payables over 5 years is $37.4 million, with a median of $38.5 million recorded in 2023.
- The sharpest annual moves came in 2021 and 2023: Notes Payables tumbled 40.65% in 2021, then soared 91.86% in 2023.
- Over 5 years, Notes Payables stood at $21.6 million in 2021, then grew by 1.62% to $21.9 million in 2022, then surged by 91.86% to $42.1 million in 2023, then soared by 31.33% to $55.3 million in 2024, then declined by 12.24% to $48.5 million in 2025.
- The last three Notes Payables figures came in at $48.5 million (Q4 2025), $55.3 million (Q4 2024), and $34.8 million (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trip.com | 26.65 Bn | 15.19 Bn | 1.86 Bn |
| 2 | Yatra Online | 6.38 Bn | 6.42 Bn | 12.97 Mn |
| 3 | Global Business Travel | 4.95 Bn | 4.48 Bn | 514.00 Mn |
| 4 | Ambitions Enterprise Management Co. L.L.C | 36.55 Mn | 33.39 Mn | - |
| 5 | JX Luxventure | 5.82 Mn | 5.11 Mn | - |
| 6 | Maitong Sunshine Cultural Development | 1.92 Mn | 1.91 Mn | - |
| 7 | Wetour Robotics | 560,999.99 | 377,549.02 | - |
| 8 | Tuniu | 5.03 | -154.31 Mn | 11.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 48.50 Mn |
| Dec 31, 2024 | 55.27 Mn |
| Mar 31, 2024 | 34.82 Mn |
| Dec 31, 2023 | 42.08 Mn |
| Dec 31, 2022 | 21.93 Mn |
| Dec 31, 2021 | 21.58 Mn |
| Dec 31, 2020 | 36.37 Mn |
| Dec 31, 2019 | 56.75 Mn |
| Jun 30, 2019 | 86.00 Mn |
| Dec 31, 2018 | 71.16 Mn |
| Dec 31, 2017 | 63.33 Mn |
| Sep 30, 2017 | 2.23 Bn |
| Jun 30, 2017 | 1.56 Bn |
| Mar 31, 2017 | 1.55 Bn |
| Dec 31, 2016 | 122.74 Mn |
| Sep 30, 2016 | 2.04 Bn |
| Jun 30, 2016 | 74.49 Mn |
| Mar 31, 2016 | 1.78 Bn |
| Dec 31, 2015 | 323.34 Mn |
| Sep 30, 2015 | 220.43 Mn |