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China Tourism Group Duty Free Corporation Limited Class H (1880) Ratios
China Tourism Group Duty Free Corporation Limited Class H Ratios
HK:1880's free cash flow for Q3 2026 was $-648.73M. For the 2026 fiscal year, HK:1880's free cash flow was decreased by $-272.25M and operating cash flow was $-376.48M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Mar 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 5.83 | 5.10 | 3.81 | 3.27 | 2.25 |
| Quick Ratio | 4.24 | 3.52 | 2.44 | 1.67 | 1.10 |
| Cash Ratio | 3.50 | 3.17 | 2.08 | 1.54 | 0.98 |
| Solvency Ratio | 0.35 | 0.30 | 0.39 | 0.28 | 0.53 |
| Operating Cash Flow Ratio | 0.63 | 0.72 | 0.99 | -0.20 | 0.49 |
| Short-Term Operating Cash Flow Coverage | 26.73 | 34.13 | 40.95 | -1.77 | 20.25 |
| Net Current Asset Value | $ 42.37B | $ 40.65B | $ 38.77B | $ 35.43B | $ 17.86B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.06 | 0.06 | 0.06 | 0.09 | 0.10 |
| Debt-to-Equity Ratio | 0.08 | 0.08 | 0.09 | 0.14 | 0.18 |
| Debt-to-Capital Ratio | 0.07 | 0.07 | 0.08 | 0.12 | 0.16 |
| Long-Term Debt-to-Capital Ratio | 0.05 | 0.04 | 0.04 | 0.05 | 0.00 |
| Financial Leverage Ratio | 1.35 | 1.38 | 1.47 | 1.56 | 1.87 |
| Debt Service Coverage Ratio | 12.76 | 9.46 | 10.11 | 3.53 | 21.90 |
| Interest Coverage Ratio | 29.73 | 30.51 | 18.55 | 39.24 | 66.73 |
| Debt to Market Cap | 0.02 | 0.03 | 0.02 | 0.01 | 0.00 |
| Interest Debt Per Share | 2.13 | 2.21 | 2.47 | 3.54 | 2.90 |
| Net Debt to EBITDA | -4.35 | -5.64 | -2.76 | -2.24 | -0.70 |
| Profitability Margins | |||||
| Gross Profit Margin | 32.75% | 32.03% | 31.82% | 28.39% | 33.68% |
| EBIT Margin | 10.22% | 8.87% | 13.24% | 14.35% | 22.20% |
| EBITDA Margin | 12.64% | 9.57% | 14.57% | 16.43% | 24.09% |
| Operating Profit Margin | 9.88% | 10.94% | 12.85% | 14.00% | 21.88% |
| Pretax Profit Margin | 9.88% | 10.89% | 12.80% | 13.99% | 21.87% |
| Net Profit Margin | 6.68% | 7.56% | 9.94% | 9.24% | 14.26% |
| Continuous Operations Profit Margin | 6.87% | 8.61% | 10.76% | 11.37% | 18.27% |
| Net Income Per EBT | 67.57% | 69.40% | 77.66% | 66.04% | 65.22% |
| EBT Per EBIT | 100.06% | 99.52% | 99.64% | 99.97% | 99.98% |
| Return on Assets (ROA) | 4.78% | 5.60% | 8.51% | 6.63% | 17.40% |
| Return on Equity (ROE) | 6.47% | 7.74% | 12.47% | 10.36% | 32.59% |
| Return on Capital Employed (ROCE) | 8.12% | 9.46% | 13.66% | 13.04% | 38.62% |
| Return on Invested Capital (ROIC) | 5.62% | 7.46% | 11.41% | 10.26% | 31.92% |
| Return on Tangible Assets | 4.95% | 5.81% | 8.84% | 6.93% | 18.48% |
| Earnings Yield | 2.45% | 4.14% | 4.67% | 1.24% | 3.84% |
| Efficiency Ratios | |||||
| Receivables Turnover | 27.75 | 57.64 | 486.46 | 38.55 | 52.32 |
| Payables Turnover | 9.06 | 8.14 | 7.19 | 5.08 | 7.63 |
| Inventory Turnover | 2.36 | 2.21 | 2.19 | 1.40 | 2.28 |
| Fixed Asset Turnover | 5.67 | 6.22 | 7.14 | 5.81 | 7.51 |
| Asset Turnover | 0.72 | 0.74 | 0.86 | 0.72 | 1.22 |
| Working Capital Turnover Ratio | 1.17 | 1.28 | 1.63 | 1.78 | 3.78 |
| Cash Conversion Cycle | 127.55 | 126.45 | 116.90 | 199.05 | 119.57 |
| Days of Sales Outstanding | 13.16 | 6.33 | 0.75 | 9.47 | 6.98 |
| Days of Inventory Outstanding | 154.67 | 164.96 | 166.90 | 261.48 | 160.41 |
| Days of Payables Outstanding | 40.28 | 44.85 | 50.75 | 71.90 | 47.82 |
| Operating Cycle | 167.83 | 171.30 | 167.65 | 270.95 | 167.38 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.93 | 3.84 | 7.31 | -1.72 | 4.27 |
| Free Cash Flow Per Share | 2.31 | 3.30 | 6.44 | -3.22 | 3.16 |
| Dividend Paid and CapEx Coverage Ratio | 1.51 | 1.72 | 4.23 | -0.58 | 2.02 |
| Capital Expenditure Coverage Ratio | 4.76 | 7.10 | 8.40 | -1.14 | 3.87 |
| Operating Cash Flow Coverage Ratio | 1.43 | 1.82 | 3.26 | -0.50 | 1.53 |
| Operating Cash Flow to Sales Ratio | 0.11 | 0.14 | 0.22 | -0.06 | 0.12 |
| Free Cash Flow Yield | 3.27% | 6.61% | 9.27% | -1.59% | 2.46% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 40.94 | 24.21 | 21.40 | 80.35 | 26.02 |
| Price-to-Sales (P/S) Ratio | 2.73 | 1.83 | 2.13 | 7.43 | 3.71 |
| Price-to-Book (P/B) Ratio | 2.64 | 1.87 | 2.67 | 8.32 | 8.48 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 30.62 | 15.13 | 10.78 | -63.05 | 40.69 |
| Price-to-Operating Cash Flow Ratio | 24.19 | 13.00 | 9.50 | -118.34 | 30.16 |
| Price-to-Earnings Growth (PEG) Ratio | -2.56 | -0.66 | 0.75 | -1.65 | 0.45 |
| Enterprise Value Multiple | 17.24 | 13.46 | 11.84 | 42.95 | 14.71 |
| Enterprise Value | 116.98B | 72.73B | 116.49B | 384.13B | 239.82B |
| EV to EBITDA | 17.24 | 13.46 | 11.84 | 42.95 | 14.71 |
| EV to Sales | 2.18 | 1.29 | 1.72 | 7.06 | 3.54 |
| EV to Free Cash Flow | 24.45 | 10.66 | 8.74 | -59.92 | 38.84 |
| EV to Operating Cash Flow | 19.31 | 9.16 | 7.70 | -112.48 | 28.79 |
| Tangible Book Value Per Share | 28.34 | 28.12 | 27.18 | 25.55 | 16.17 |
| Shareholders’ Equity Per Share | 26.81 | 26.63 | 26.02 | 24.41 | 15.17 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.30 | 0.21 | 0.16 | 0.19 | 0.16 |
| Revenue Per Share | 25.95 | 27.30 | 32.65 | 27.35 | 34.66 |
| Net Income Per Share | 1.73 | 2.06 | 3.25 | 2.53 | 4.94 |
| Tax Burden | 0.68 | 0.69 | 0.78 | 0.66 | 0.65 |
| Interest Burden | 0.97 | 1.23 | 0.97 | 0.98 | 0.99 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.03 | 0.04 | 0.00 | 0.01 | 0.01 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.64 | 1.63 | 2.08 | -0.55 | 0.67 |
Currency in CNY