- Lower Net Income: CTG Duty-Free reported a net income of 3.28 billion yuan for the first half of the year, missing the estimated 3.43 billion yuan.
- Revenue Shortfall: The company’s revenue came in at 31.26 billion yuan, falling short of the estimated 32.04 billion yuan.
- Earnings Per Share (EPS): CTG Duty-Free’s EPS was 1.5868 yuan.
- Market Sentiment: Despite the financials missing estimates, there is strong market interest with 37 buy ratings, 7 hold ratings, and no sell ratings.
A look at China Tourism Group Duty Free Corp Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| 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
China Tourism Group Duty Free Corp Ltd is positioned for long-term success based on its Smartkarma Smart Scores across different factors. With a high score in Resilience and Dividend, the company showcases stability and a commitment to rewarding its investors. Additionally, its focus on growth and value add to its overall positive outlook. However, a lower score in Momentum suggests there may be room for improvement in market traction. Overall, the company holds strong potential in the tourism and duty-free market, aligning with its core business of selling a variety of luxury goods and investing in tourism destination commercial complexes.
China Tourism Group Duty Free Corp Ltd‘s diverse portfolio of duty-free goods, including tobacco, alcohol, fashion, and more, combined with its strategic investments in tourism destinations, positions it as a robust player in the market. The Smartkarma Smart Scores validate the company’s solid standing, emphasizing its resilience and dividend payouts. By capitalizing on these strengths and potentially boosting momentum, China Tourism Group Duty Free Corp Ltd stands to further solidify its position as a key player in the tourism and retail sectors, offering promising prospects for investors seeking long-term growth.
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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