Why is China Tourism Group Duty Free Corp. Ltd. ?
1
Poor long term growth as Operating profit has grown by an annual rate -3.01% of over the last 5 years
2
Flat results in Dec 23
- ROCE(HY) Lowest at -62.49 %
- DPR(Y) Lowest at 0.00 %
- CASH AND CASH EQUIVALENTS(HY) Lowest at HKD 0.00 MM
3
With ROE of 7.33%, it has a Very Expensive valuation with a 0.12 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 26.07%, its profits have fallen by -39.9%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Retailing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is China Tourism Group Duty Free Corp. Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
China Tourism Group Duty Free Corp. Ltd.
31.55%
0.29
50.67%
Hang Seng Hong Kong
28.33%
1.06
25.88%
Quality key factors
Factor
Value
Sales Growth (5y)
1.86%
EBIT Growth (5y)
-3.01%
EBIT to Interest (avg)
70.23
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.62
Sales to Capital Employed (avg)
0.89
Tax Ratio
21.99%
Dividend Payout Ratio
51.12%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
56.21%
ROE (avg)
21.93%
Valuation Key Factors 
Factor
Value
P/E Ratio
2
Industry P/E
Price to Book Value
0.12
EV to EBIT
-5.95
EV to EBITDA
-4.33
EV to Capital Employed
-1.03
EV to Sales
-0.48
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
7.33%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
Not enough Data to analyse Financial Trend
Not enough Data to analyse Financial Trend
Here's what is working for China Tourism Group Duty Free Corp. Ltd.
Net Sales - Half Yearly
At HKD 33,904.83 MM has Grown at 15.17 %
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (HKD MM)
Profit After Tax (PAT) - Half-Yearly
At HKD 2,832.48 MM has Grown at 50.17 %
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (HKD MM)
Inventory Turnover Ratio- Half Yearly
Highest at times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio- Half Yearly
Highest at times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for China Tourism Group Duty Free Corp. Ltd.
Operating Profit (PBDIT) - Quarterly
Lowest at HKD -43,709 MM.
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (HKD MM)
Operating Profit Margin - Quarterly
Lowest at -241.55%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales (HKD MM)
Earnings per Share (EPS) - Quarterly
Lowest at HKD 0.00
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (HKD)
Cash and Cash Equivalents - Half Yearly
Lowest at HKD 0.00 MM
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents (HKD MM)
Dividend Payout Ratio (DPR) - Annually
Lowest at 0.00 %
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)






