China Tourism Group Duty Free Corp Ltd
SSE:601888

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China Tourism Group Duty Free Corp Ltd Logo
China Tourism Group Duty Free Corp Ltd
SSE:601888
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Price: 59.98 CNY -1.69% Market Closed
Market Cap: 117.1B CNY
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Gross Margin
China Tourism Group Duty Free Corp Ltd

30.6%
Current
29%
Average
32.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
30.6%
=
Gross Profit
18.2B
/
Revenue
59.7B

Gross Margin Across Competitors

No Stocks Found

China Tourism Group Duty Free Corp Ltd
Glance View

Market Cap
124.1B CNY
Industry
Retail

China Tourism Group Duty Free Corp Ltd, often regarded as the crown jewel of China's burgeoning travel retail sector, operates as a commanding player in the global duty-free landscape. This company, with roots tracing back to 1984, has capitalized on the surge in both domestic and international travel among Chinese consumers. Its primary business model revolves around selling luxury goods, cosmetics, and other premium retail items to travelers devoid of import duties and taxes. This is achieved by strategically situating its stores in airports, coastal cities, and designated economic tourism zones, catering to a consumer base eager for authentic luxury products at competitive prices. Standing at the intersection of travel and retail, the company's unique positioning allows it to tap into the rising spending power of China's middle and affluent classes. With an astute focus on the burgeoning demand for imported luxury items, China Tourism Group Duty Free Corp has expanded its reach beyond mere brick-and-mortar stores. It increasingly leverages online platforms, capitalizing on digital trends to enhance customer engagement through personalized shopping experiences and loyalty programs. Revenue is driven predominantly through high-volume sales at key transport hubs, where locals and tourists alike seek desirable goods without the burden of domestic taxes, positioning the company as a staple in the luxurious yet accessible world of duty-free shopping.

Intrinsic Value
90.27 CNY
Undervaluation 34%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
30.6%
=
Gross Profit
18.2B
/
Revenue
59.7B
What is the Gross Margin of China Tourism Group Duty Free Corp Ltd?

Based on China Tourism Group Duty Free Corp Ltd's most recent financial statements, the company has Gross Margin of 30.6%.

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