- CTG Duty-Free’s preliminary net income decreased by 20.8%.
- The preliminary net income was 2.6 billion yuan, which missed the estimated 2.92 billion yuan.
- Preliminary revenue was reported at 28.15 billion yuan, which fell short of the estimated 29.15 billion yuan.
- Analyst recommendations for CTG Duty-Free include 28 ‘buys’, 9 ‘holds’, and 0 ‘sells’.
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A look at China Tourism Group Duty Free Corp Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China Tourism Group Duty Free Corp Ltd is positioned favorably for long-term growth and stability based on its Smartkarma Smart Scores. With high ratings in Value, Dividend, Resilience, and a moderate score in Growth, the company shows strong fundamentals and consistent returns for investors. The company’s focus on duty free goods and tax goods, along with its strategic investments in tourism destination commercial complexes, further support its promising outlook in the market.
Given the overall positive Smart Scores, China Tourism Group Duty Free Corp Ltd demonstrates a solid foundation for sustainable performance. Its strong performance in value, dividend payouts, and resilience highlight its ability to weather market fluctuations and provide steady returns to shareholders. While growth and momentum scores are slightly lower, the company’s diverse product offerings and strategic investments position it well for continued success in the tourism and duty-free sectors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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