TravelSky Technology Limited (0696.HK) Stock

About TravelSky Technology Limited

TravelSky Technology Limited, together with its subsidiaries, provides information technology (IT) solutions for the aviation and travel industries in the People's Republic of China. The company offers aviation information platform services comprising electronic travel distribution services, including inventory control and computer reservation systems; airport passenger processing system services; and information technology services. It also provides accounting, settlement, and clearing services, information system development and support services, and air travel financial services; distribution information technology services; and airport information technology services. In addition, the company provides airport passenger processing and cargo management, e-tourism distribution and freight management, trade financing, domestic and inbound travel, hardware and system consulting, system integration, tourist information consulting, data processing, training, and commercial services. Further, it engages in the sale and installation of related information systems; planning, construction, operation management, technical support, product development, and e-commerce of computer reservation, departure and freight transportation, and other application systems; computer software and hardware development; data network; settlement and liquidation services; computer system engineering design and installation; real estate development and sales; technology development, consulting, transfer, promotion, and support services; software development; self-developed commercial housing contracting; labor service subcontracting; investment management; and sales, leasing, maintenance, and technical consulting of computer software and hardware. TravelSky Technology Limited was founded in 1979 and is based in Wan Chai, Hong Kong.

TravelSky Technology Limited (0696.HK) stock trades at $8.39 with a market capitalization of $24.55B. The stock is valued at a price-to-earnings (P/E) ratio of 9.02, price-to-book of 0.88, price-to-sales of 2.80. Over the past 52 weeks the stock has ranged between $7.92 and $12.33, and currently trades 32.0% below its 52-week high. It pays a dividend yielding 3.75%.

On profitability, TravelSky Technology Limited generates a return on equity (ROE) of 10.13%, an operating margin of 16.26%, a net profit margin of 26.71%.

The balance sheet shows a debt-to-equity ratio of 0.08 — a conservative balance sheet with little leverage risk, a current ratio of 3.05.

0696.HK has an average daily trading volume of 4,393,821 shares, a beta of 0.37 (less volatile than the overall market), 0.93B shares outstanding.

Official website: www.travelskyir.com