China Tourism Group Duty Free Corporation Limited Logo

China Tourism Group Duty Free Corporation Limited

601888.SS

(2.2)
Stock Price

75,80 CNY

8.41% ROA

11.33% ROE

28.65x PER

Market Cap.

150.779.205.511,00 CNY

6.54% DER

1.94% Yield

9.8% NPM

China Tourism Group Duty Free Corporation Limited Stock Analysis

China Tourism Group Duty Free Corporation Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

China Tourism Group Duty Free Corporation Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (11%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 ROE

ROE in an average range (11.57%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (7.73%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (895) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 PBV

The stock's elevated P/BV ratio (3.65x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

China Tourism Group Duty Free Corporation Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

China Tourism Group Duty Free Corporation Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

China Tourism Group Duty Free Corporation Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

China Tourism Group Duty Free Corporation Limited Revenue
Year Revenue Growth
2006 4.854.760.168
2007 5.966.722.063 18.64%
2008 5.818.643.170 -2.54%
2009 6.064.505.605 4.05%
2010 9.607.624.823 36.88%
2011 12.694.694.402 24.32%
2012 16.133.919.927 21.32%
2013 17.448.188.232 7.53%
2014 19.935.938.240 12.48%
2015 21.291.878.165 6.37%
2016 22.389.793.667 4.9%
2017 28.282.286.665 20.83%
2018 47.007.321.221 39.83%
2019 47.966.495.033 2%
2020 52.596.837.907 8.8%
2021 67.675.515.093 22.28%
2022 54.432.851.387 -24.33%
2023 59.914.099.146 9.15%
2023 65.894.911.162 9.08%
2024 49.831.318.812 -32.24%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

China Tourism Group Duty Free Corporation Limited Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 39.028.967 100%
2023 35.820.756 -8.96%
2023 58.423.127 38.69%
2024 1.420.008 -4014.28%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

China Tourism Group Duty Free Corporation Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 281.602.890
2007 317.788.924 11.39%
2008 358.468.550 11.35%
2009 354.780.457 -1.04%
2010 131.174.028 -170.47%
2011 208.388.595 37.05%
2012 260.386.251 19.97%
2013 217.291.340 -19.83%
2014 209.191.679 -3.87%
2015 196.141.255 -6.65%
2016 217.193.465 9.69%
2017 302.219.015 28.13%
2018 303.566.555 0.44%
2019 326.440.188 7.01%
2020 253.559.927 -28.74%
2021 350.480.139 27.65%
2022 317.551.655 -10.37%
2023 5.618.577.730 94.35%
2023 2.208.342.117 -154.43%
2024 1.902.566.224 -16.07%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

China Tourism Group Duty Free Corporation Limited EBITDA
Year EBITDA Growth
2006 289.163.429
2007 413.136.873 30.01%
2008 508.639.934 18.78%
2009 619.820.270 17.94%
2010 784.137.687 20.96%
2011 1.176.104.448 33.33%
2012 1.688.766.063 30.36%
2013 2.051.030.199 17.66%
2014 2.358.559.557 13.04%
2015 2.511.412.207 6.09%
2016 2.920.133.726 14%
2017 3.992.156.116 26.85%
2018 5.890.684.921 32.23%
2019 7.846.965.720 24.93%
2020 10.893.254.892 27.96%
2021 16.822.113.458 35.24%
2022 9.517.720.426 -76.75%
2023 7.659.617.764 -24.26%
2023 8.832.747.900 13.28%
2024 -57.743.071.020 115.3%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

China Tourism Group Duty Free Corporation Limited Gross Profit
Year Gross Profit Growth
2006 911.371.649
2007 1.118.457.250 18.52%
2008 1.251.883.571 10.66%
2009 1.370.873.938 8.68%
2010 1.811.330.021 24.32%
2011 2.632.571.972 31.2%
2012 3.494.910.117 24.67%
2013 4.158.230.062 15.95%
2014 4.756.053.726 12.57%
2015 5.202.366.293 8.58%
2016 5.613.646.104 7.33%
2017 8.434.261.557 33.44%
2018 19.488.989.738 56.72%
2019 23.693.707.696 17.75%
2020 21.376.231.431 -10.84%
2021 22.793.155.800 6.22%
2022 15.451.015.690 -47.52%
2023 20.645.500.148 25.16%
2023 18.545.581.563 -11.32%
2024 -6.928.319.156 367.68%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

China Tourism Group Duty Free Corporation Limited Net Profit
Year Net Profit Growth
2006 141.793.402
2007 217.444.886 34.79%
2008 221.227.275 1.71%
2009 312.752.655 29.26%
2010 409.511.494 23.63%
2011 684.902.978 40.21%
2012 1.005.639.474 31.89%
2013 1.294.596.112 22.32%
2014 1.470.282.260 11.95%
2015 1.505.894.866 2.36%
2016 1.808.190.521 16.72%
2017 2.530.762.830 28.55%
2018 3.094.748.246 18.22%
2019 4.628.988.686 33.14%
2020 6.139.794.056 24.61%
2021 9.653.739.902 36.4%
2022 5.030.381.552 -91.91%
2023 5.362.556.548 6.19%
2023 6.713.686.688 20.13%
2024 3.905.766.176 -71.89%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

China Tourism Group Duty Free Corporation Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 100%
2018 2 0%
2019 2 50%
2020 3 33.33%
2021 5 25%
2022 3 -100%
2023 3 0%
2023 3 33.33%
2024 2 -200%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

China Tourism Group Duty Free Corporation Limited Free Cashflow
Year Free Cashflow Growth
2006 201.170.637
2007 566.761.194 64.51%
2008 134.083.827 -322.69%
2009 74.573.705 -79.8%
2010 283.433.287 73.69%
2011 -558.677.775 150.73%
2012 964.378.975 157.93%
2013 894.181.807 -7.85%
2014 853.380.923 -4.78%
2015 888.465.455 3.95%
2016 1.769.890.061 49.8%
2017 2.723.221.174 35.01%
2018 1.140.500.903 -138.77%
2019 1.427.794.955 20.12%
2020 6.968.541.985 79.51%
2021 6.173.978.073 -12.87%
2022 -6.410.625.718 196.31%
2023 13.314.363.263 148.15%
2023 4.355.461.355 -205.69%
2024 -1.212.250.766 459.29%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

China Tourism Group Duty Free Corporation Limited Operating Cashflow
Year Operating Cashflow Growth
2006 254.065.311
2007 628.355.114 59.57%
2008 189.309.666 -231.92%
2009 161.540.496 -17.19%
2010 453.834.297 64.41%
2011 551.950.535 17.78%
2012 1.272.572.562 56.63%
2013 1.470.221.414 13.44%
2014 1.495.839.221 1.71%
2015 1.570.916.108 4.78%
2016 1.936.528.564 18.88%
2017 3.017.128.440 35.82%
2018 2.722.225.217 -10.83%
2019 2.926.031.415 6.97%
2020 8.202.265.131 64.33%
2021 8.328.824.733 1.52%
2022 -3.415.245.341 343.87%
2023 15.115.964.050 122.59%
2023 4.869.677.040 -210.41%
2024 -970.266.466 601.89%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

China Tourism Group Duty Free Corporation Limited Capital Expenditure
Year Capital Expenditure Growth
2006 52.894.673
2007 61.593.920 14.12%
2008 55.225.839 -11.53%
2009 86.966.791 36.5%
2010 170.401.009 48.96%
2011 1.110.628.310 84.66%
2012 308.193.587 -260.37%
2013 576.039.607 46.5%
2014 642.458.298 10.34%
2015 682.450.653 5.86%
2016 166.638.503 -309.54%
2017 293.907.266 43.3%
2018 1.581.724.313 81.42%
2019 1.498.236.460 -5.57%
2020 1.233.723.146 -21.44%
2021 2.154.846.660 42.75%
2022 2.995.380.377 28.06%
2023 1.801.600.787 -66.26%
2023 514.215.685 -250.36%
2024 241.984.300 -112.5%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

China Tourism Group Duty Free Corporation Limited Equity
Year Equity Growth
2006 529.240.553
2007 689.773.641 23.27%
2008 1.131.107.392 39.02%
2009 4.018.846.508 71.85%
2010 4.511.866.403 10.93%
2011 5.150.179.706 12.39%
2012 6.193.720.871 16.85%
2013 9.705.973.973 36.19%
2014 10.792.504.467 10.07%
2015 11.892.469.609 9.25%
2016 13.360.241.954 10.99%
2017 15.011.278.387 11%
2018 18.584.311.589 19.23%
2019 22.310.356.324 16.7%
2020 26.178.836.494 14.78%
2021 34.791.393.273 24.75%
2022 54.127.411.731 35.72%
2023 58.345.861.514 7.23%
2023 59.181.635.135 1.41%
2024 59.526.664.553 0.58%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

China Tourism Group Duty Free Corporation Limited Assets
Year Assets Growth
2006 2.215.056.835
2007 2.841.300.268 22.04%
2008 3.020.357.354 5.93%
2009 5.499.360.256 45.08%
2010 6.481.734.320 15.16%
2011 7.696.365.999 15.78%
2012 8.930.269.704 13.82%
2013 12.961.422.249 31.1%
2014 14.700.790.200 11.83%
2015 15.731.336.346 6.55%
2016 17.287.669.905 9%
2017 20.932.207.413 17.41%
2018 26.847.426.306 22.03%
2019 30.687.255.888 12.51%
2020 41.919.367.961 26.79%
2021 55.473.728.507 24.43%
2022 75.907.603.880 26.92%
2023 79.181.916.252 4.14%
2023 79.543.846.810 0.46%
2024 75.837.180.013 -4.89%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

China Tourism Group Duty Free Corporation Limited Liabilities
Year Liabilities Growth
2006 1.685.816.282
2007 2.151.526.625 21.65%
2008 1.889.249.961 -13.88%
2009 1.480.513.748 -27.61%
2010 1.969.867.916 24.84%
2011 2.546.186.292 22.63%
2012 2.736.548.832 6.96%
2013 3.255.448.275 15.94%
2014 3.908.285.732 16.7%
2015 3.838.866.736 -1.81%
2016 3.927.427.950 2.25%
2017 5.920.929.024 33.67%
2018 8.263.114.716 28.35%
2019 8.376.899.563 1.36%
2020 15.740.531.466 46.78%
2021 20.682.335.234 23.89%
2022 21.780.192.148 5.04%
2023 20.836.054.738 -4.53%
2023 20.319.253.088 -2.54%
2024 16.267.910.151 -24.9%

China Tourism Group Duty Free Corporation Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
30.24
Net Income per Share
2.96
Price to Earning Ratio
28.65x
Price To Sales Ratio
2.41x
POCF Ratio
16.15
PFCF Ratio
16.39
Price to Book Ratio
3.26
EV to Sales
1.98
EV Over EBITDA
-16.55
EV to Operating CashFlow
11.4
EV to FreeCashFlow
13.47
Earnings Yield
0.03
FreeCashFlow Yield
0.06
Market Cap
150,78 Bil.
Enterprise Value
123,92 Bil.
Graham Number
41.65
Graham NetNet
48.22

Income Statement Metrics

Net Income per Share
2.96
Income Quality
1.77
ROE
0.11
Return On Assets
0.08
Return On Capital Employed
-0.12
Net Income per EBT
0.75
EBT Per Ebit
-1.09
Ebit per Revenue
-0.12
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.23
Operating Profit Margin
-0.12
Pretax Profit Margin
0.13
Net Profit Margin
0.1

Dividends

Dividend Yield
0.02
Dividend Yield %
1.94
Payout Ratio
1.08
Dividend Per Share
1.65

Operating Metrics

Operating Cashflow per Share
5.26
Free CashFlow per Share
4.45
Capex to Operating CashFlow
0.15
Capex to Revenue
0.03
Capex to Depreciation
3.57
Return on Invested Capital
-0.1
Return on Tangible Assets
0.08
Days Sales Outstanding
12.12
Days Payables Outstanding
40.26
Days of Inventory on Hand
143.98
Receivables Turnover
30.11
Payables Turnover
9.07
Inventory Turnover
2.54
Capex per Share
0.81

Balance Sheet

Cash per Share
50,73
Book Value per Share
28,79
Tangible Book Value per Share
27.38
Shareholders Equity per Share
26.02
Interest Debt per Share
1.81
Debt to Equity
0.07
Debt to Assets
0.05
Net Debt to EBITDA
3.59
Current Ratio
4.69
Tangible Asset Value
56,64 Bil.
Net Current Asset Value
38,88 Bil.
Invested Capital
55807273655
Working Capital
43,39 Bil.
Intangibles to Total Assets
0.04
Average Receivables
2,05 Bil.
Average Payables
5,52 Bil.
Average Inventory
18303985498.5
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

China Tourism Group Duty Free Corporation Limited Dividends
Year Dividends Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 1 0%
2017 1 100%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 100%
2022 2 0%
2023 1 0%
2024 2 100%

China Tourism Group Duty Free Corporation Limited Profile

About China Tourism Group Duty Free Corporation Limited

China Tourism Group Duty Free Corporation Limited operates duty-free shops in China. The company engages in the wholesale and retail of duty-free commodities, such as tobacco and alcohol, incense, and fine products. It is also involved in travel retail business, as well as commercial complex investment and development business. The company was formerly known as China International Travel Service Corporation Limited and changed its name to China Tourism Group Duty Free Corporation Limited in June 2020. The company was founded in 1954 and is based in Beijing, China. China Tourism Group Duty Free Corporation Limited is a subsidiary of China Tourism Group Co., Ltd.

CEO
Mr. Zhujun Chang
Employee
16.789
Address
Block A, No. 2, Dongzhimen Waixiaojie
Beijing, 100027

China Tourism Group Duty Free Corporation Limited Executives & BODs

China Tourism Group Duty Free Corporation Limited Executives & BODs
# Name Age
1 Mr. Yan Guang Wang
Deputy General Manager
70
2 Mr. Zhujun Chang
President, Secretary of the Board & Executive Director
70
3 Ms. Zhao Feng
Deputy General Manager
70

China Tourism Group Duty Free Corporation Limited Competitors