H 
Huangshan Tourism Development Co 600054.SS · CNY
Consumer Discretionary · Shanghai · 🇨🇳 China
10.39
+0.39%
Close of 9 Nov 2026, in CNY
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in CNY, from our data supplier.
Revenue
CN¥2.11bn
FY2016FY2025
Net income
CN¥292.5m
FY2016FY2025
Free cash flow
CN¥141.0m
FY2016FY2025
Shareholders' equity
CN¥4.78bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥2.11bn | CN¥1.93bn | CN¥1.93bn | CN¥799.9m | CN¥895.2m | CN¥740.8m | CN¥1.61bn | CN¥1.62bn | CN¥1.78bn | CN¥1.67bn |
| Gross profit | CN¥988.5m | CN¥997.3m | CN¥1.04bn | CN¥160.5m | CN¥316.5m | CN¥248.5m | CN¥896.6m | CN¥875.6m | CN¥898.6m | CN¥836.9m |
| Research and development | CN¥4.2m | CN¥3.2m | CN¥648,489 | — | — | — | — | — | — | — |
| Operating income | CN¥497.9m | CN¥507.8m | CN¥650.9m | −CN¥142.3m | CN¥76.6m | −CN¥24.4m | CN¥512.1m | CN¥824.7m | CN¥604.7m | CN¥490.6m |
| Net income | CN¥292.5m | CN¥315.0m | CN¥422.9m | −CN¥130.4m | CN¥43.5m | −CN¥46.4m | CN¥340.2m | CN¥582.5m | CN¥414.1m | CN¥352.1m |
| Diluted earnings per share | 0.40 | 0.43 | 0.58 | -0.18 | 0.06 | -0.06 | 0.47 | 0.78 | 0.56 | 0.47 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥6.11bn | CN¥5.73bn | CN¥5.65bn | CN¥5.21bn | CN¥5.15bn | CN¥4.89bn | CN¥4.97bn | CN¥4.70bn | CN¥4.78bn | CN¥5.15bn |
| Cash and short-term investments | — | CN¥1.81bn | CN¥1.97bn | CN¥1.58bn | CN¥1.83bn | CN¥1.97bn | CN¥1.80bn | CN¥1.79bn | CN¥659.2m | CN¥1.03bn |
| Total liabilities | CN¥1.13bn | CN¥873.2m | CN¥962.6m | CN¥918.6m | CN¥636.4m | CN¥428.1m | CN¥444.6m | CN¥475.4m | CN¥575.2m | CN¥933.4m |
| Debt | CN¥16.4m | CN¥240.7m | CN¥407.4m | CN¥373.0m | CN¥204.3m | CN¥8.3m | CN¥3.5m | CN¥2.6m | CN¥2.6m | CN¥2.6m |
| Shareholders' equity | CN¥4.78bn | CN¥4.66bn | CN¥4.49bn | CN¥4.08bn | CN¥4.30bn | CN¥4.26bn | CN¥4.36bn | CN¥4.08bn | CN¥4.14bn | CN¥4.16bn |
| Shares outstanding | 729m | 729m | 729m | 729m | 729m | 730m | 730m | 748m | 740m | 747m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥666.4m | CN¥521.7m | CN¥722.9m | CN¥21.3m | CN¥93.8m | −CN¥1.0m | CN¥426.1m | CN¥457.6m | CN¥611.4m | CN¥487.0m |
| Capital spending | −CN¥525.4m | −CN¥251.3m | −CN¥214.5m | −CN¥156.4m | −CN¥277.7m | −CN¥208.7m | −CN¥232.6m | −CN¥89.9m | −CN¥137.3m | −CN¥52.5m |
| Free cash flow | CN¥141.0m | CN¥270.3m | CN¥508.4m | −CN¥135.0m | −CN¥183.9m | −CN¥209.8m | CN¥193.5m | CN¥367.8m | CN¥474.1m | CN¥434.5m |
| Dividends paid | −CN¥127.3m | −CN¥160.6m | −CN¥7.7m | −CN¥74.4m | −CN¥198,632 | −CN¥79.5m | −CN¥96.3m | −CN¥181.5m | −CN¥141.5m | −CN¥100.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥570.8m | CN¥417.2m | CN¥573.9m | CN¥595.4m | CN¥537.0m | CN¥403.0m | CN¥519.3m | CN¥577.8m |
| Gross profit | CN¥264.2m | CN¥158.9m | CN¥242.3m | CN¥319.2m | CN¥268.2m | CN¥158.1m | CN¥243.2m | CN¥336.4m |
| Operating income | CN¥150.8m | CN¥68.7m | CN¥74.5m | CN¥205.3m | CN¥141.9m | CN¥65.7m | CN¥63.7m | CN¥231.0m |
| Net income | CN¥95.7m | CN¥34.6m | CN¥39.0m | CN¥126.9m | CN¥89.7m | CN¥36.9m | CN¥30.1m | CN¥153.2m |
| Diluted earnings per share | 0.13 | 0.05 | 0.05 | 0.17 | 0.12 | 0.05 | 0.04 | 0.21 |
| Cash from operations | — | — | — | CN¥264.0m | CN¥174.0m | CN¥60.0m | CN¥134.0m | CN¥231.0m |
| Capital spending | −CN¥58.0m | −CN¥63.0m | −CN¥119.0m | −CN¥129.0m | −CN¥73.0m | −CN¥203.0m | −CN¥107.0m | −CN¥44.0m |
| Free cash flow | — | — | — | CN¥135.0m | CN¥101.0m | −CN¥143.0m | CN¥27.0m | CN¥187.0m |
| Total assets | CN¥6.10bn | CN¥6.01bn | CN¥6.11bn | CN¥5.91bn | CN¥5.74bn | CN¥5.73bn | CN¥5.73bn | CN¥5.71bn |
| Cash and short-term investments | — | — | — | CN¥1.78bn | CN¥1.69bn | CN¥1.67bn | CN¥1.81bn | CN¥1.76bn |
| Debt | CN¥14.7m | CN¥16.4m | CN¥16.4m | CN¥48.9m | CN¥16.2m | CN¥13.2m | CN¥1.9m | CN¥1.9m |
| Shareholders' equity | CN¥4.89bn | CN¥4.80bn | CN¥4.78bn | CN¥4.79bn | CN¥4.66bn | CN¥4.69bn | CN¥4.66bn | CN¥4.63bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 46.9% | 51.6% | 53.9% | 20.1% | 35.4% | 33.5% |
| Operating margin | 23.9% | 27.3% | 31.9% | -27.5% | -4.1% | -13.4% |
| Net margin | 13.9% | 16.3% | 21.9% | -16.3% | 4.9% | -6.3% |
| Return on equity | 6.1% | 6.8% | 9.4% | -3.2% | 1.0% | -1.1% |
| Return on assets | 4.8% | 5.5% | 7.5% | -2.5% | 0.8% | -0.9% |
| Free cash flow yield | 15.8% | 10.2% | 12.4% | 2.3% | 4.9% | 2.7% |
| Revenue growth | 9.2% | 0.1% | 141.2% | -10.6% | 20.8% | -53.9% |
| Earnings growth | -7.2% | -25.5% | -424.3% | -400.0% | -193.7% | -113.6% |
| Current ratio | 2.69x | 3.87x | 3.94x | 4.22x | 5.13x | 5.80x |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.04x | 0.00x | 0.01x |
| Equity ratio | 78.2% | 81.2% | 79.3% | 78.4% | 83.4% | 87.1% |
| Interest coverage | 35.34x | 32.42x | 40.43x | -16.98x | -3.24x | -75.28x |
| R&D as a share of sales | 0.2% | 0.2% | 0.0% | — | — | — |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | -0.0% | 0.1% | 0.1% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 38.2% | 23.3% | 2.4% |
| Operating income | — | — | 1.5% |
| Net income | — | — | -0.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 49.1% | 47.1% | 44.6% | 48.2% |
| Operating margin | 24.9% | 22.4% | 18.6% | 26.4% |
| Net margin | 15.0% | 13.3% | 10.7% | 17.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 28.2 | 26.2 | 18.8 | -71.3 | 163.9 | -141.3 | 19.7 | 12.1 | 25.5 | 34.1 |
| Price to sales | 3.9 | 4.3 | 4.1 | 11.6 | 8.0 | 8.8 | 4.2 | 4.3 | 5.9 | 7.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 21 Jan 2026.
| FY2025 | FY2024 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.242 | 0.209 | 0.102 | 0.109 | 0.132 | 0.24 | 0.19 | 0.12 |
- 3-for-2 split · 27 Jun 2016
- 3-for-2 split · 2 Nov 2006
- 1-to-1 reverse split · 17 Feb 2006
- 13-for-10 split · 14 Dec 1999
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.