China Tourism Group Duty Free Corporation Limited
Shanghai Stock ExchangeTotal Valuation
China Tourism Group Duty Free Corporation Limited carries a market capitalization of 103.52B, placing it among publicly traded companies globally. Its enterprise value stands at 103.85B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 103.52B |
| Enterprise Value | 103.85B |
Share Statistics
China Tourism Group Duty Free Corporation Limited currently has 2.07B shares outstanding.
| Shares Outstanding | 2.07B |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
China Tourism Group Duty Free Corporation Limited trades at a trailing price-to-earnings ratio of 35.19. The price-to-sales ratio is 2.36, and the price-to-book ratio stands at 3.52.
| PE Ratio | 35.19 |
| PS Ratio | 2.36 |
| PB Ratio | 3.52 |
| P/TBV Ratio | 2.16 |
| P/FCF Ratio | 141.39 |
| P/OCF Ratio | N/A |
Enterprise Valuation
On an enterprise value basis, China Tourism Group Duty Free Corporation Limited trades at an EV/EBITDA multiple of 20.37 and an EV/FCF ratio of 99.60. The EV/Sales ratio of 1.95 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 20.37 provides insight into valuation relative to core operating earnings.
| EV / Sales | 1.95 |
| EV / EBITDA | 20.37 |
| EV / EBIT | 20.37 |
| EV / FCF | 99.60 |
Financial Position
China Tourism Group Duty Free Corporation Limited maintains a current ratio of 5.69, meaning it holds 5.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 8.53, indicating elevated leverage, while an interest coverage ratio of 26.44 demonstrates strong ability to service its debt obligations.
| Current Ratio | 5.69 |
| Quick Ratio | 3.42 |
| Debt / Equity | 8.53 |
| Debt / EBITDA | 1.02 |
| Interest Coverage | 26.44 |
Financial Efficiency
China Tourism Group Duty Free Corporation Limited posts a return on equity of 10.20 and a return on invested capital of 5.95.
| Return on Equity (ROE) | 10.20 |
| Return on Assets (ROA) | 4.75 |
| Return on Invested Capital (ROIC) | 5.95 |
| Return on Capital Employed (ROCE) | 6.92 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 2.04 |
Taxes
Over the trailing twelve months, China Tourism Group Duty Free Corporation Limited has paid 1.16B in income taxes, reflecting an effective tax rate of 21.89.
| Income Tax | 1.16B |
| Effective Tax Rate | 21.89 |
Stock Price Statistics
China Tourism Group Duty Free Corporation Limited's stock has declined approximately -12.79605% over the past 52 weeks. The 50-day moving average sits at 58.78, while the 200-day moving average is 75.03.
| Beta (5Y) | N/A |
| 52-Week Price Change | -12.79605% |
| 50-Day Moving Average | 58.78 |
| 200-Day Moving Average | 75.03 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, China Tourism Group Duty Free Corporation Limited generated 53.36B in revenue and converted that into 3.58B in net income, yielding earnings per share of 1.99. EBITDA reached 5.10B, while operating income came in at 5.10B.
| Revenue | 53.36B |
| Gross Profit | 16.83B |
| Operating Income | 5.10B |
| Pretax Income | 5.28B |
| Net Income | 3.58B |
| EBITDA | 5.10B |
| EBIT | 5.10B |
| Earnings Per Share (EPS) | 1.99 |
Balance Sheet
China Tourism Group Duty Free Corporation Limited holds 33.35B in cash and equivalents against 5.21B in total debt, resulting in a net debt position of -30.22B. Total book value stands at 35.86B, with working capital of 45.75B providing operational flexibility.
| Cash & Cash Equivalents | 33.35B |
| Total Debt | 5.21B |
| Net Debt | -30.22B |
| Equity (Book Value) | 35.86B |
| Book Value Per Share | 17.33 |
| Working Capital | 45.75B |
Cash Flow
After subtracting -892.10M in capital expenditures, free cash flow totaled -892.10M - equivalent to -0.43 per share.
| Operating Cash Flow | N/A |
| Capital Expenditures | -892.10M |
| Free Cash Flow | -892.10M |
| FCF Per Share | -0.43 |
Margins
China Tourism Group Duty Free Corporation Limited operates with a gross margin of 31.54, reflecting its pricing power and cost economics. The operating margin of 9.55 and net profit margin of 6.72 provide insight into operational efficiency.
| Gross Margin | 31.54 |
| Operating Margin | 9.55 |
| Pretax Margin | 9.89 |
| Profit Margin | 6.72 |
| EBITDA Margin | 9.55 |
Dividends & Yields
The company's payout ratio of 49.68 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.12 |
| Dividend Yield | N/A |
| Payout Ratio | 49.68 |
| Shareholder Yield | 2.12 |
| FCF Yield | 0.71 |
Stock Splits
China Tourism Group Duty Free Corporation Limited's most recent stock split took place on June 16, 2017 with a 1:2 split ratio.
| Last Split Date | 6/16/2017 |
| Split Ratio | 1:2 |
Scores
China Tourism Group Duty Free Corporation Limited posts an Altman Z-Score of 7.81, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 7.81 |