- The net income of CTG Duty-Free in 1Q is 2.31 billion yuan, matching the estimates.
- Revenue is reported to be 18.81 billion yuan, slightly short of the estimated 19.4 billion yuan.
- Earnings Per Share (EPS) stands at 1.1148 yuan.
- An uptick has been observed in the net income by +0.25%.
- The current market sentiment based on ratings is particularly strong with 42 buys, 4 holds, and 0 sells.
China Tourism Group Duty Free Corp Ltd on Smartkarma
Analyst coverage of China Tourism Group Duty Free Corp Ltd on Smartkarma indicates varying sentiments from top independent analysts. Mohshin Aziz‘s research highlights the positive impact of strong Chinese demand for luxury goods on the company’s prospects, despite its share price lagging behind European luxury goods makers. This disparity presents a potential buying opportunity for investors.
In another report by Mohshin Aziz, a new duty-free contract signed by China Tourism Group with airports in Beijing and Shanghai was initially viewed negatively by the market. However, the analyst sees it as a positive step towards enhancing collaborations between the company and airports, maintaining a bullish outlook with an unchanged target price based on favorable valuation metrics.
A look at China Tourism Group Duty Free Corp Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| 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, a company specializing in duty-free and tax goods sales, has been assessed using Smartkarma Smart Scores. With strong scores in Resilience and Momentum, the company appears well-positioned for the long term. Its Resilience score indicates a solid ability to weather market fluctuations and uncertainties, while its Momentum score suggests a positive trend in stock performance. While Value scored lower, the company’s Growth and Dividend scores are moderate, indicating potential for steady expansion and shareholder returns.
China Tourism Group Duty Free Corp Ltd‘s focus on duty-free sales of various products such as tobacco, wine, fashion items, and more, along with investments in tourism destination commercial complexes, suggests a diversified business model. This diversification, coupled with its favorable Resilience and Momentum scores, may bode well for the company’s long-term outlook in the evolving tourism and retail landscape.
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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