- CTG Duty-Free reported a net income of 2.60 billion yuan, which fell short of the estimated 2.92 billion yuan.
- The company generated a total revenue of 28.15 billion yuan, missing the expected 29.15 billion yuan.
- Revenue from tax-free products amounted to 20.34 billion yuan.
- Revenue from taxable products was recorded at 7.19 billion yuan.
- Other business ventures contributed 485.1 million yuan to the total revenue.
- The earnings per share (EPS) was reported at 1.2566 yuan.
- Analyst recommendations included 29 buys, 8 holds, and 1 sell.
A look at China Tourism Group Duty Free Corp Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
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
The Smartkarma Smart Scores for China Tourism Group Duty Free Corp Ltd paint a positive picture for the company’s long-term outlook. With strong scores in Value, Dividend, Resilience, and a respectable score in Growth, the company seems well-positioned for sustainable performance. This indicates that the company is considered to have good value, dividend payouts, strong resilience in adverse market conditions, and potential for growth in the future.
However, the company received a lower score in Momentum, suggesting that there may be some challenges in maintaining upward momentum in the short term. Despite this, China Tourism Group Duty Free Corp Ltd‘s overall outlook appears promising, especially with its focus on duty-free goods, tax goods, and investments in tourism destination commercial complexes.
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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