C 
China Tourism Group Duty Free Corp 601888.SS · CNY
Consumer Discretionary · Shanghai · 🇨🇳 China
53.39
-1.53%
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¥53.69bn
FY2016FY2025
Net income
CN¥3.59bn
FY2016FY2025
Free cash flow
CN¥4.79bn
FY2016FY2025
Shareholders' equity
CN¥55.47bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥53.69bn | CN¥56.47bn | CN¥67.54bn | CN¥54.43bn | CN¥67.68bn | CN¥52.60bn | CN¥48.61bn | CN¥47.01bn | CN¥28.28bn | CN¥22.39bn |
| Research and development | CN¥90.0m | CN¥19.9m | CN¥58.4m | CN¥39.0m | — | — | — | — | — | — |
| Operating income | CN¥5.30bn | CN¥6.18bn | CN¥8.68bn | CN¥7.62bn | CN¥14.80bn | CN¥9.69bn | CN¥7.36bn | CN¥5.43bn | CN¥3.85bn | CN¥2.65bn |
| Net income | CN¥3.59bn | CN¥4.27bn | CN¥6.71bn | CN¥5.03bn | CN¥9.65bn | CN¥6.14bn | CN¥4.63bn | CN¥3.09bn | CN¥2.53bn | CN¥1.81bn |
| Diluted earnings per share | 1.73 | 2.06 | 3.24 | 2.43 | 4.94 | 3.14 | 2.37 | 1.59 | 1.30 | 0.93 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | CN¥74.98bn | CN¥76.26bn | CN¥78.87bn | CN¥75.91bn | CN¥55.47bn | CN¥41.92bn | CN¥30.69bn | CN¥26.85bn | CN¥20.93bn | CN¥17.29bn |
| Cash and short-term investments | — | CN¥35.52bn | CN¥31.84bn | CN¥26.89bn | CN¥16.86bn | CN¥14.71bn | CN¥11.91bn | CN¥11.29bn | CN¥11.48bn | CN¥8.97bn |
| Total liabilities | CN¥13.86bn | CN¥15.31bn | CN¥19.69bn | CN¥21.78bn | CN¥20.68bn | CN¥15.74bn | CN¥8.38bn | CN¥8.26bn | CN¥5.92bn | CN¥3.93bn |
| Debt | — | CN¥5.20bn | CN¥5.42bn | CN¥6.85bn | CN¥5.44bn | CN¥417.0m | CN¥224.0m | CN¥289.0m | CN¥102.0m | CN¥134.0m |
| Shareholders' equity | CN¥55.47bn | CN¥55.10bn | CN¥53.83bn | CN¥48.57bn | CN¥29.62bn | CN¥22.31bn | CN¥19.89bn | CN¥16.24bn | CN¥14.03bn | CN¥12.60bn |
| Shares outstanding | 2,069m | 2,069m | 2,069m | 2,069m | 1,952m | 1,953m | 1,952m | 1,953m | 1,952m | 1,953m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | CN¥6.06bn | CN¥7.94bn | CN¥15.12bn | −CN¥3.42bn | CN¥8.33bn | CN¥8.20bn | CN¥2.93bn | CN¥2.72bn | CN¥3.02bn | CN¥1.94bn |
| Capital spending | −CN¥1.27bn | −CN¥1.12bn | −CN¥1.80bn | −CN¥3.00bn | −CN¥2.15bn | −CN¥1.23bn | −CN¥1.50bn | −CN¥1.58bn | −CN¥293.9m | −CN¥166.6m |
| Free cash flow | CN¥4.79bn | CN¥6.82bn | CN¥13.31bn | −CN¥6.41bn | CN¥6.17bn | CN¥6.97bn | CN¥1.43bn | CN¥1.14bn | CN¥2.72bn | CN¥1.77bn |
| Dividends paid | −CN¥2.74bn | −CN¥3.50bn | −CN¥1.77bn | −CN¥2.93bn | −CN¥1.95bn | −CN¥1.41bn | −CN¥1.07bn | −CN¥1.02bn | −CN¥980.7m | −CN¥493.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥10.75bn | CN¥16.91bn | CN¥13.83bn | CN¥11.71bn | CN¥11.40bn | CN¥16.75bn | CN¥13.45bn | CN¥11.76bn |
| Operating income | CN¥891.7m | CN¥2.70bn | CN¥819.3m | CN¥663.8m | CN¥1.19bn | CN¥2.52bn | CN¥720.0m | CN¥925.2m |
| Net income | CN¥758.1m | CN¥2.35bn | CN¥122.1m | CN¥452.2m | CN¥661.9m | CN¥1.94bn | CN¥347.8m | CN¥636.4m |
| Diluted earnings per share | 0.37 | 1.14 | 0.06 | 0.22 | 0.32 | 0.94 | 0.17 | 0.31 |
| Cash from operations | — | — | — | CN¥789.0m | −CN¥2.19bn | CN¥4.80bn | CN¥2.83bn | CN¥795.0m |
| Capital spending | −CN¥247.0m | −CN¥293.0m | −CN¥413.0m | −CN¥368.0m | −CN¥246.0m | −CN¥244.0m | −CN¥160.0m | −CN¥240.0m |
| Free cash flow | — | — | — | CN¥421.0m | −CN¥2.44bn | CN¥4.56bn | CN¥2.67bn | CN¥555.0m |
| Total assets | CN¥84.94bn | CN¥85.60bn | CN¥74.98bn | CN¥75.50bn | CN¥75.01bn | CN¥80.46bn | CN¥76.26bn | CN¥75.58bn |
| Cash and short-term investments | — | — | — | CN¥31.97bn | CN¥33.35bn | CN¥39.68bn | CN¥34.82bn | CN¥32.02bn |
| Debt | CN¥2.58bn | CN¥2.88bn | CN¥2.85bn | CN¥1.23bn | CN¥3.13bn | CN¥4.64bn | CN¥2.80bn | CN¥2.87bn |
| Shareholders' equity | CN¥57.45bn | CN¥57.96bn | CN¥55.47bn | CN¥55.67bn | CN¥55.20bn | CN¥56.97bn | CN¥55.10bn | CN¥54.23bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.5% | 0.4% | 9.7% |
| Operating income | -11.4% | -11.4% | 8.7% |
| Net income | -10.7% | -10.2% | 9.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 10.4% | 12.0% | 14.8% | 14.2% |
| Net margin | 7.1% | 8.4% | 10.0% | 9.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 54.6 | 32.5 | 25.8 | 88.8 | 44.4 | 89.8 | 37.5 | 38.0 | 33.4 | 23.4 |
| Price to sales | 3.6 | 2.5 | 2.6 | 8.2 | 6.3 | 10.5 | 3.6 | 2.5 | 3.0 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 15 years. Last went ex-dividend on 16 Dec 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.30 | 1.65 | 0.80 | 1.50 | 1.00 | 0.72 | 0.55 | 0.52 |
- 2-for-1 split · 16 Jun 2017
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.