- CTG Duty-Free’s preliminary net income for the first nine months of the year is 5.2 billion yuan.
- This represents a 12.3% increase in preliminary net income compared to the same period last year.
- The company’s preliminary revenue for the same period is 50.8 billion yuan.
- Out of 48 analysts, 45 recommend to buy CTG Duty-Free stocks, while 3 recommend holding onto the stocks. None of the analysts recommend selling the stocks.
China Tourism Group Duty Free Corp Ltd on Smartkarma
Analysts on Smartkarma, an independent investment research network, have published reports about China Tourism Group Duty Free Corp Ltd. Eric Chen, an analyst on the platform, recently published an insight with the headline “China Tourism Duty Free Corp (601888. CH): Is Now Good Time for Bottom-Fishing?“. Chen’s report has a bearish sentiment, and states that moderate growth, pressured margins, and contracted valuation multiple will be the new reality facing investors. Chen recommends waiting for a better entry point before investing in the company.
The research report provides an in-depth analysis of the company’s current state, and also provides investors with a potential entry point. The report also provides investors with an understanding of the potential risks associated with investing in the company. Smartkarma is a great resource for investors looking to make informed decisions when it comes to investing in China Tourism Group Duty Free Corp Ltd.
A look at China Tourism Group Duty Free Corp Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| 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 Corporation Limited is an important player in the duty free goods and tax goods market. The company offers a wide range of products, including tobacco, wine and spirits, perfume, cosmetics, fashion and accessories, watches, jewelry, food, luggage products, and more. China Tourism Group Duty Free also invests in and develops tourism destination commercial complexes.
The Smartkarma Smart Scores reflect a positive long-term outlook for China Tourism Group Duty Free Corp Ltd. The company scored a 4 for Growth, 5 for Resilience, and 4 for Momentum, indicating that it is well-positioned to weather the current economic climate and continue to grow in the long-term. The Value and Dividend scores of 2 indicate that the company is not a particularly attractive option for investors looking for short-term returns, but its long-term prospects are strong.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
