HKSE:1880

China Tourism Group Duty Free Corporation Limited · HKSE · Consumer Cyclical · HKD · FY for 2025

Figures on this page computed 2026-11-07 17:48 UTC

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Market data

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  • 22.6xP/E

    Price / Earnings per Share (diluted)

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed
    • Computed from the filing for 2025
  • 14.2%ROIC

    NOPAT / Invested Capital x 100, where NOPAT = Operating Income x (1 - Tax Rate) and Invested Capital = Equity + Total Debt - Cash

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • 6.7%Net margin

    Net Income / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • 8.9%FCF margin

    Free Cash Flow / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • 0.08Debt/equity

    Total Debt / Shareholders' Equity

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • 3.4%Dividend yield
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed

It reports in CNY and trades in HKD. Nothing on this page is converted between the two.

The filed years, as a table

6

Each line is 100 at 2020-12-31, the first year we hold.

Filed yearSalesProfitShares in issue
2020-12-31100.0100.0100.0
2021-12-31128.7157.2100.0
2022-12-31103.581.9101.9
2023-12-31128.4109.3106.0
2024-12-31107.469.5106.0
2025-12-31102.158.4106.0
How sales was got
Source
computed
Statement
income
Fiscal year
2025
Reported in
CNY
How profit was got
Source
computed
Statement
income
Fiscal year
2025
Reported in
CNY
How shares in issue was got
Source
computed
Statement
income
Fiscal year
2025
Reported in
CNY

Figures behind the shape

Growth

0.4%

faster is higher, placed against 4,950 companies as of 2026-11-06

  • Five-year revenue growth rate0.4%
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed
  • Five-year EPS growth rate-11.2%
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed
  • One-year change in net income-16.0%
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed

Returns on capital

14.2%

higher is higher, placed against 5,089 companies as of 2026-11-06

  • Return on invested capital14.2%

    NOPAT / Invested Capital x 100, where NOPAT = Operating Income x (1 - Tax Rate) and Invested Capital = Equity + Total Debt - Cash

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Return on equity6.5%

    Net Income / Shareholders' Equity x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Return on assets4.8%

    Net Income / Total Assets x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025

Margins

32.8%

wider is higher, placed against 3,412 companies as of 2026-11-06

  • Gross margin32.8%

    Gross Profit / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Operating margin9.9%

    Operating Income / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Net margin6.7%

    Net Income / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Free cash flow margin8.9%

    Free Cash Flow / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025

Price

22.6x

cheaper is higher, placed against 4,362 companies as of 2026-11-06

  • Price to earnings22.6x

    Price / Earnings per Share (diluted)

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed
    • Computed from the filing for 2025
  • Price to book1.5x

    Price / Book Value per Share, where BVPS = Shareholders' Equity / Diluted Shares

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed
    • Computed from the filing for 2025
    • computed
    • Computed from the filing for 2025
  • EV to EBITDA7.6x

    Enterprise Value / EBITDA, where EV = Market Cap + Total Debt - Cash

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Price to sales ratio1.5x

    Market Cap / Revenue, where Market Cap = Price x Diluted Shares

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed
    • Computed from the filing for 2025
    • Computed from the filing for 2025

Safety

0.08

safer is higher, placed against 3,227 companies as of 2026-11-06

  • Debt to equity0.08

    Total Debt / Shareholders' Equity

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Current ratio5.83

    Current Assets / Current Liabilities

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Interest coverage29.7x

    Operating Income / Interest Expense

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Altman Z-Score5.84

    1.2 x A + 1.4 x B + 3.3 x C + 0.6 x D + 1.0 x E (A=WC/TA, B=RE/TA, C=EBIT/TA, D=MktCap/TL, E=Rev/TA)

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025

What it pays out

3.4%

more, and better covered, is higher, placed against 1,091 companies as of 2026-11-06

  • Dividend yield3.4%
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed
  • Payout ratio76.5%

    Common Dividends Paid / Net Income x 100, both from the latest filed fiscal year

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Dividend cover ratio1.7x
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    HKD
    • computed

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