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China Tourism Group Duty Free Corporation Limited Class H (1880) AI Stock Analysis
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China Tourism Group Duty Free Corporation Limited Class H
(HKEX:1880)
The score is driven primarily by steady but cooling financial performance (low leverage and positive cash flow, offset by flat-to-down revenue, lower margins vs. peak years, and weaker free cash flow trend). Technicals meaningfully drag the result due to a clear downtrend across moving averages and negative MACD. Valuation is a secondary headwind, with a relatively high P/E and only a modest dividend yield.
China Tourism Group Duty Free Corporation Limited Class H (1880) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 105.68B
- Dividend Yield
- 1.87%
- Average Volume (3M)
- 741.16K
- Price to Earnings (P/E)
- 28.3
- Beta (1Y)
- 0.49
- Revenue Growth
- 3.57%
- EPS Growth
- 29.81%
- Country
- Hong Kong
- Employees
- 14,485
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Specialty Retail
China Tourism Group Duty Free Corporation Limited Class H Business Overview & Revenue Model
Company Description
China Tourism Group Duty Free Corporation Limited, headquartered in Sanya, China, primarily operates in the duty-free travel retail sector across the country. The company's core business involves the wholesale and retail of a diverse range of duty-fr...
China Tourism Group Duty Free Corporation Limited Class H Financial Statement Overview
Summary
Fundamentals are stable but not strong: revenue is flat-to-down (~-1% TTM) and EBIT/net margins (~10%/~7%) remain well below the stronger 2021–2023 period. Positives include a solid balance sheet with low leverage (debt-to-equity ~0.18) and currently positive operating/free cash flow, but free cash flow has declined versus prior years and the recent increase in total debt is a mild watch item.
Income Statement
56NeutralBalance Sheet
74PositiveCash Flow
58Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 52.45B | 53.69B | 56.47B | 67.54B | 54.43B | 67.68B |
| Gross Profit | 17.29B | 17.58B | 18.09B | 21.49B | 15.45B | 22.79B |
| EBITDA | 5.61B | 6.79B | 6.56B | 9.84B | 8.94B | 16.30B |
| Net Income | 4.20B | 3.59B | 4.27B | 6.71B | 5.03B | 9.65B |
Balance Sheet | ||||||
| Total Assets | 85.97B | 74.98B | 76.26B | 78.87B | 75.91B | 55.47B |
| Cash, Cash Equivalents and Short-Term Investments | 23.40B | 33.78B | 34.82B | 33.39B | 26.89B | 16.86B |
| Total Debt | 10.47B | 4.24B | 4.37B | 4.64B | 6.18B | 3.90B |
| Total Liabilities | 22.45B | 13.86B | 15.31B | 19.77B | 21.78B | 20.68B |
| Stockholders Equity | 57.69B | 55.47B | 55.10B | 53.83B | 48.59B | 29.62B |
Cash Flow | ||||||
| Free Cash Flow | 3.62B | 4.79B | 6.82B | 13.32B | -6.41B | 6.17B |
| Operating Cash Flow | 4.84B | 6.06B | 7.94B | 15.13B | -3.42B | 8.33B |
| Investing Cash Flow | -11.38B | -3.48B | -454.30M | -4.72B | -3.81B | -2.32B |
| Financing Cash Flow | -2.23B | -3.18B | -4.37B | -4.63B | 15.45B | -3.82B |
China Tourism Group Duty Free Corporation Limited Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1880, the sentiment is Negative. The current price of 42.44 is below the 20-day moving average (MA) of 43.56, below the 50-day MA of 46.08, and below the 200-day MA of 60.14, indicating a bearish trend. The MACD of -1.15 indicates Negative momentum. The RSI at 38.97 is Neutral, neither overbought nor oversold. The STOCH value of 39.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1880.
China Tourism Group Duty Free Corporation Limited Class H Peers Comparison
Overall Rating
HK:017873Outperform
HK:220969Neutral- HK:188055Neutral
HK:989650Neutral
HK:065344Neutral
HK:049337Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0178 | 73Outperform | HKD 4.05B | 19.92 | 16.40% | 2.06% | 11.19% | 160.48% |
| HK:2209 | 69Neutral | HKD 1.21B | 5.64 | 31.59% | 3.46% | 31.51% | 22.05% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| HK:1880 | 55Neutral | HKD 115.76B | 28.27 | 6.64% | 1.87% | 3.57% | 29.81% |
| HK:9896 | 50Neutral | HKD 24.06B | 17.16 | 14.11% | 6.58% | 30.79% | -44.14% |
| HK:0653 | 44Neutral | HKD 63.52M | 0.49 | 6.58% | ― | 52.42% | ― |
| HK:0493 | 37Underperform | HKD 758.47M | -0.08 | 21.77% | ― | -28.44% | 42.64% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1880 | China Tourism Group Duty Free Corporation Limited Class H | 42.44 | -24.19 | -36.30% | |
| HK:0653 | Bonjour Holdings Limited | 0.94 | -1.28 | -57.43% | |
| HK:0493 | GOME Retail Holdings | 0.01 | -0.01 | -44.44% | |
| HK:2209 | YesAsia Holdings Limited | 2.89 | -1.92 | -39.95% | |
| HK:9896 | MINISO Group Holding Ltd. | 19.82 | -20.46 | -50.80% | |
| HK:0178 | Sa Sa International Holdings Limited | 1.30 | 0.73 | 126.96% |
China Tourism Group Duty Free Corporation Limited Class H Corporate Events
China Tourism Group Duty Free Declares Third-Quarter Cash Dividend for 2026
China Tourism Group Duty Free Corporation Limited has declared an ordinary third-quarter cash dividend of RMB 0.4 per share for the nine months ended September 30, 2026, with the financial year ending December 31, 2026. For H shareholders, the divide...
China Tourism Group Duty Free Posts Higher Profits Despite Softer Revenue and Cash Flow Strain
China Tourism Group Duty Free Corporation Limited reported unaudited results for the third quarter of 2026, showing a mixed top-line and bottom-line performance. Operating income for the quarter fell 4.66% year-on-year to RMB 11.17 billion, while nin...
China Tourism Group Duty Free Sets Interim 2026 Dividend Plan
China Tourism Group Duty Free Corporation Limited has approved a profit distribution plan for the first three quarters of 2026, reflecting its current operating conditions and future strategic development needs. The board has opted for a cash dividen...
China Tourism Duty Free Sets Board Meeting to Approve Q3 Results and Consider Interim Dividend
China Tourism Group Duty Free Corporation Limited has scheduled a board meeting for October 30, 2026, to review and approve its third-quarter results for the nine months ended September 30, 2026. The board will also consider recommending an interim d...
China Tourism Group Duty Free Releases Unaudited Interim Results for First Half of 2026
China Tourism Group Duty Free Corporation Limited is a leading duty-free retailer in China, serving domestic and international travelers through duty-free stores tied to tourism and travel flows. The Hong Kong-listed company operates under Chinese an...
China Tourism Group Duty Free Revamps Company Secretarial Team and Secures New HKEX Waiver
China Tourism Group Duty Free Corporation Limited announced that joint company secretary, authorized representative and Hong Kong process agent Ms. Zhang Xiao will step down effective August 20, 2026, with no disputes reported with the board. She wil...
China Tourism Group Duty Free Sets Board Meeting to Approve 2026 Interim Results
China Tourism Group Duty Free Corporation Limited has scheduled a board meeting for August 20, 2026, to review and approve the interim results for the first half of 2026. The board will also consider the publication of these results and other resolut...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 31, 2026