The street Fitch maintain the Ctrip stock buy rating

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Beijing time February 27 Morning News, the U.S. rating agency the street Fitch published an investment report today, to maintain Ctrip (NASDAQ:CTRP) "buy" rating.

The following is a summary of the contents of the report:

Ctrip's strong performance is reflected in a number of areas, such as strong revenue growth, stable stock and financial conditions, rising profitability, and reasonable debt levels.

1 in a year, Ctrip's revenue rose above 8.5% per cent of the industry average, reaching 35.7%. Revenue growth has also contributed to an increase in diluted earnings per share.

2 The current gross margin of Ctrip is very high, reached 72.7%, but still lower than the same period. Net interest rates are also as high as 18.11% per cent, well above the industry average.

3) Although Ctrip's debt equity ratio is lower than 0.75, but above the industry average level. The quick ratio of Ctrip is kept at 2.05, which means that Ctrip can meet the short-term cash demand.

4 in the recent quarter, Ctrip's share of earnings rose significantly. In the near future, the performance of Ctrip's diluted earnings fluctuates. But we believe that this year will be an upward trend.

5 investors have become aware of the positive factors we have listed, including profit growth. Over the past year, Qihoo's shares have risen 148.5% per cent, above the same period as the standard and poor 500 index.