China Tourism Group Duty Free Corp Ltd

601888

Company Profile

  • Business description

    Established in 1984, China Tourism Group Duty Free is China’s largest and the world’s second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.

  • Contact

    No. 2A, Dongzhimenwai Street
    8th Floor, Building A
    Dongcheng District
    Beijing100027
    CHN

    T: +86 1084478866

    https://www.ctgdutyfree.com.cn

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Specialty Retail

    Fiscal Year End

    31 December 2026

    Employees

    14,485

Stocks News & Analysis

stocks

This ASX miner is the cheapest in our iron ore coverage

High debt levels and low commodity prices were a concern, but agreed sell-downs and a ramp-up of key operations should help.
stocks

Apple names new CEO as Tim Cook steps aside after 15 years

John Ternus, Apple’s hardware chief, will take up the role in September.
stocks

Updating our commodity price assumptions

Our view as China’s steel production drops.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,074.4050.80-0.56%
CAC 408,209.3326.38-0.32%
DAX 4024,258.0212.85-0.05%
Dow JONES (US)49,149.38293.18-0.59%
FTSE 10010,497.870.22-0.00%
HKSE26,163.24324.24-1.22%
NASDAQ24,259.96144.43-0.59%
Nikkei 22559,585.86236.690.40%
NZX 50 Index12,945.6013.270.10%
S&P 5007,064.0145.13-0.63%
S&P/ASX 2008,843.6053.20-0.60%
SSE Composite Index4,106.2621.180.52%

Market Movers