China Tourism Group Duty Free Corp Ltd
SSE:601888
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China Tourism Group Duty Free Corp Ltd
Gross Margin
China Tourism Group Duty Free Corp Ltd
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 Across Competitors
| Country | CN |
| Market Cap | 140.4B CNY |
| Gross Margin |
31%
|
| Country | US |
| Market Cap | 30.4B USD |
| Gross Margin |
36%
|
| Country | US |
| Market Cap | 17.1B USD |
| Gross Margin |
36%
|
| Country | US |
| Market Cap | 16.8B USD |
| Gross Margin |
39%
|
| Country | CN |
| Market Cap | 116.2B HKD |
| Gross Margin |
63%
|
| Country | HK |
| Market Cap | 68.5B HKD |
| Gross Margin |
21%
|
| Country | NL |
| Market Cap | 7.2B EUR |
| Gross Margin |
72%
|
| Country | JP |
| Market Cap | 1.2T JPY |
| Gross Margin |
73%
|
| Country | US |
| Market Cap | 7.8B USD |
| Gross Margin |
44%
|
| Country | UK |
| Market Cap | 5.2B GBP |
| Gross Margin |
48%
|
| Country | CH |
| Market Cap | 4.4B CHF |
| Gross Margin |
62%
|
China Tourism Group Duty Free Corp Ltd
Glance View
China Tourism Group Duty Free Corp Ltd (CTG Duty Free) stands at the forefront of one of the world's most dynamic retail sectors, positioned as a premier player in the travel retail market. Established out of a unique merger of the China National Travel Service Group Corporation and various duty-free operations, the company has carved a niche as the largest duty-free retailer in China. With a robust portfolio that includes stunning shops in key international airports and thriving locations across major cities, CTG Duty Free captures the rapidly growing demand for luxury goods among both domestic and international travelers. Its recent strategic expansions, including collaborations with high-end brands and a push into digital sales platforms, signal a forward-thinking approach in an evolving marketplace ripe with opportunity. Investors are increasingly drawn to CTG Duty Free due to its impressive revenue growth driven by China’s burgeoning middle class and the increasing popularity of travel among Chinese citizens. The company has shown remarkable resilience, especially in navigating the challenges posed by the pandemic and changing consumer behaviors. With government policies also favoring the development of the domestic tourism sector, CTG Duty Free is poised to benefit significantly. As a reliable retail player in an industry that thrives on luxury consumption, CTG Duty Free not only embodies growth potential but also provides diversification benefits for investors looking to tap into the lucrative Chinese consumer market. With a management team that emphasizes sustainable growth and market adaptation, CTG Duty Free offers a compelling proposition for those seeking long-term gains in the travel retail space.
See Also
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.
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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