Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2023 with revenue of CNY 67.5 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 30 provinces in China, as well as overseas. The company also operates a duty-paid business and its 2023 revenue mix comprised 66% duty-free sales and 34% duty-paid sales and others. CTG Duty Free is 50.3% owned by China Tourism Group, a state-owned enterprise that falls directly under the state-owned Asset Supervision and Administration Commission of the State Council.

Financial Strength

9/10

Name	Current	Vs Industry
Cash-To-Debt	5.84
Equity-to-Asset	0.72
Debt-to-Equity	0.1
Debt-to-EBITDA	0.71
Interest Coverage	29.12
Piotroski F-Score	6/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	7.87	Distress Grey Safe
Beneish M-Score	-2.78	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

8/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	6.6
	3-Year EBITDA Growth Rate	-1.7
	3-Year EPS without NRI Growth Rate	1.7
	3-Year FCF Growth Rate	21.8
	3-Year Book Growth Rate	31.6
	Future 3-5Y Total Revenue Growth Rate	5.33

Momentum Rank

4/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	40.45
	9-Day RSI	44.18
	14-Day RSI	46.86
	6-1 Month Momentum %	4.53
	12-1 Month Momentum %	-14.79

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	4.88
	Quick Ratio	3.21
	Cash Ratio	2.86
	Days Inventory	180.51
	Days Sales Outstanding	0.92
	Days Payable	51.77

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	2.4
	Dividend Payout Ratio	0.59
	3-Year Dividend Growth Rate	3.6
	Forward Dividend Yield %	2.4
	5-Year Yield-on-Cost %	5.17
	3-Year Average Share Buyback Ratio	-1.9
	Shareholder Yield %	3.17

Profitability Rank

8/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	32.82
	Operating Margin %	11.8
	Net Margin %	9.09
	FCF Margin %	9.02
	ROE %	10.03
	ROA %	6.96
	ROIC %	17.34
	ROC (Joel Greenblatt) %	38.56
	ROCE %	12.09
	Years of Profitability over Past 10-Year	10

GF Value Rank

2/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	26.09
	Forward PE Ratio	21.69
	PE Ratio without NRI	24.36
	Shiller PE Ratio	28.78
	Price-to-Owner-Earnings	35.51
	PEG Ratio	2.25
	PS Ratio	2.37
	PB Ratio	2.61
	Price-to-Tangible-Book	2.8
	Price-to-Free-Cash-Flow	26.28
	Price-to-Operating-Cash-Flow	20.88
	EV-to-EBIT	15.38
	EV-to-Forward-EBIT	15.1
	EV-to-EBITDA	15.38
	EV-to-Forward-EBITDA	13.67
	EV-to-Revenue	2
	EV-to-Forward-Revenue	1.78
	EV-to-FCF	22.16
	Price-to-Projected-FCF	1.75
	Price-to-DCF (Earnings Based)	0.78
	Price-to-DCF (FCF Based)	0.84
	Price-to-Median-PS-Value	0.74
	Price-to-Graham-Number	1.74
	Price-to-Net-Current-Asset-Value	4.27
	Price-to-Net-Cash	13.32
	Earnings Yield (Greenblatt) %	6.5
	FCF Yield %	3.8
	Forward Rate of Return (Yacktman) %	6.82

Financials

Annual Quarterly TTM

SHSE:601888's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

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Insider Trades

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Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

China Tourism Group Duty Free Corp Ltd Executives

Details

GF Value: ¥134.83

SHSE:601888

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 2 Severe warning signs with 601888. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil ¥)	59,723.679
	EPS (TTM) (¥)	2.624
	Beta	1.59
	Volatility %	40.13
	14-Day RSI	46.86
	14-Day ATR (¥)	1.929684
	20-Day SMA (¥)	70.4585
	12-1 Month Momentum %	-14.79
	52-Week Range (¥)	53.52 - 91.48
	Shares Outstanding (Mil)	2,068.86

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	6
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

China Tourism Group Duty Free Corp Ltd Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

China Tourism Group Duty Free Corp Ltd Stock Events

Financials Calendars

	Event	Date	Price(¥)
No Event Data

China Tourism Group Duty Free Corp Ltd Frequently Asked Questions

What is China Tourism Group Duty Free Corp Ltd(SHSE:601888)'s stock price today?

The current price of SHSE:601888 is ¥68.75. The 52 week high of SHSE:601888 is ¥91.48 and 52 week low is ¥53.52.

When is next earnings date of China Tourism Group Duty Free Corp Ltd(SHSE:601888)?

The next earnings date of China Tourism Group Duty Free Corp Ltd(SHSE:601888) is .

Does China Tourism Group Duty Free Corp Ltd(SHSE:601888) pay dividends? If so, how much?

The Dividend Yield % of China Tourism Group Duty Free Corp Ltd(SHSE:601888) is 2.4% (As of Today), Highest Dividend Payout Ratio of China Tourism Group Duty Free Corp Ltd(SHSE:601888) was 0.61. The lowest was 0.21. And the median was 0.28. The Forward Dividend Yield % of China Tourism Group Duty Free Corp Ltd(SHSE:601888) is 2.4%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

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