According to the prospectus of Cao Cao Travel and Ruqi Travel, sort out the latest performance and employee compensation of the two companies. The major shareholders of Ruqi Mobility are Guangzhou Automobile Group and Tencent, and Cao Cao Mobility is controlled by Geely Group. 1. Market situationBoth companies asked Frost & Sullivan to do market research, and the following figure is the latest market share of domestic online car-hailing. In 2023, Didi will have more than 75.5% of the ride-hailing market share, followed by T3 Mobility in Nanjing with a market share of 6.2%. Cao Cao's market share is 4.8%, and Ruqi's is 1.1%.
2. Performance In 2023, Cao Cao's travel revenue will be 10.67 billion yuan, and the loss will be 1.57 billion yuan.
In 2023, Ruqi's travel revenue will be 2.16 billion yuan, and the loss will be 590 million yuan.
3. Employee situationIn 2023, Cao Cao will have 1,006 employees.
In 2023, Ruqi will have 475 employees.
Comparing the per capita revenue of the two companies, it is obvious that Cao Cao's employees are more efficient.
4. Employee salary. In 2023, the total cost of Cao Cao's employees will be 1.33 billion, including 920 million equity compensation.
In 2023, the total cost of employees of Ruqi Travel will be 211 million, of which more than 26 million will be share-based compensation.
Expenses such as equity compensation, employee benefits, social security, and provident fund will be deducted together.
The average remuneration of employees of the two companies is as follows: