China Tourism Group Duty Free Balance Sheet Health
Financial Health criteria checks 5/6
China Tourism Group Duty Free has a total shareholder equity of CN¥60.0B and total debt of CN¥5.5B, which brings its debt-to-equity ratio to 9.1%. Its total assets and total liabilities are CN¥75.6B and CN¥15.6B respectively. China Tourism Group Duty Free's EBIT is CN¥6.2B making its interest coverage ratio -6.2. It has cash and short-term investments of CN¥32.0B.
Key information
9.1%
Debt to equity ratio
CN¥5.48b
Debt
| Interest coverage ratio | -6.2x |
| Cash | CN¥32.02b |
| Equity | CN¥59.96b |
| Total liabilities | CN¥15.63b |
| Total assets | CN¥75.58b |
Recent financial health updates
China Tourism Group Duty Free (SHSE:601888) Seems To Use Debt Rather Sparingly
Jan 06
These 4 Measures Indicate That China Tourism Group Duty Free (SHSE:601888) Is Using Debt Safely
Sep 30Recent updates
Investors Aren't Entirely Convinced By China Tourism Group Duty Free Corporation Limited's (SHSE:601888) Earnings
Feb 06China Tourism Group Duty Free Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models
Jan 19China Tourism Group Duty Free (SHSE:601888) Seems To Use Debt Rather Sparingly
Jan 06There Are Reasons To Feel Uneasy About China Tourism Group Duty Free's (SHSE:601888) Returns On Capital
Nov 14Is It Time To Consider Buying China Tourism Group Duty Free Corporation Limited (SHSE:601888)?
Oct 21China Tourism Group Duty Free Corporation Limited (SHSE:601888) Stock Catapults 36% Though Its Price And Business Still Lag The Market
Oct 07These 4 Measures Indicate That China Tourism Group Duty Free (SHSE:601888) Is Using Debt Safely
Sep 30Here's What Analysts Are Forecasting For China Tourism Group Duty Free Corporation Limited (SHSE:601888) Following Its Earnings Miss
Sep 02Is There An Opportunity With China Tourism Group Duty Free Corporation Limited's (SHSE:601888) 45% Undervaluation?
Aug 27There's No Escaping China Tourism Group Duty Free Corporation Limited's (SHSE:601888) Muted Earnings
Aug 13Capital Allocation Trends At China Tourism Group Duty Free (SHSE:601888) Aren't Ideal
Jul 31Time To Worry? Analysts Just Downgraded Their China Tourism Group Duty Free Corporation Limited (SHSE:601888) Outlook
Jul 17At CN¥73.41, Is It Time To Put China Tourism Group Duty Free Corporation Limited (SHSE:601888) On Your Watch List?
Jun 05Estimating The Intrinsic Value Of China Tourism Group Duty Free Corporation Limited (SHSE:601888)
May 22Earnings Working Against China Tourism Group Duty Free Corporation Limited's (SHSE:601888) Share Price
May 09China Tourism Group Duty Free (SHSE:601888) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 08Is There Now An Opportunity In China Tourism Group Duty Free Corporation Limited (SHSE:601888)?
Feb 28Financial Position Analysis
Short Term Liabilities: 601888's short term assets (CN¥54.7B) exceed its short term liabilities (CN¥11.2B).
Long Term Liabilities: 601888's short term assets (CN¥54.7B) exceed its long term liabilities (CN¥4.4B).
Debt to Equity History and Analysis
Debt Level: 601888 has more cash than its total debt.
Reducing Debt: 601888's debt to equity ratio has increased from 1% to 9.1% over the past 5 years.
Debt Coverage: 601888's debt is well covered by operating cash flow (123.8%).
Interest Coverage: 601888 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/15 09:48 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
China Tourism Group Duty Free Corporation Limited is covered by 60 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ka Ho Li | BOCI Research Ltd. |
| Ronald Leung | BofA Global Research |
| Yunqiao Du | CCB International Securities Limited |