China Tourism Group Duty Free Corp Ltd (China Tourism Group), formerly China Tourism Group China International Travel Service Corp Ltd (CITS), is a tourism and merchandise sales services company. The company offers a wide range of travel services including outbound, inbound, and domestic travel services. China Tourism Group operates group and individual tours, business travel, sports activities, leisure tours, sightseeing tours, study tours, conventions, and special-interest tours. It also provides individual booking services and online tourism and travel agency services. It also invests in real estate properties for tourism business development. The company operates in China, Macao, Cambodia, Taiwan, and Hong Kong. China Tourism Group is headquartered in Beijing, China.
Headquarters
China
Address
8th Floor, Block A, No. 2, Dongzhimen Waixiao Jie, Beijing City, 100027
Website
www.ctgdutyfree.com.cn
Telephone
86 10 84478866
No of Employees
14,720
Industry
Leisure and Arts
Ticker Symbol & Exchange
601888 (SHA)
Revenue (2022)
$10.5B
28.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
57.2%
(2022 vs 2021)
Market Cap*
$62.0B
Net Profit Margin (2022)
XYZ
22.2%
(2022 vs 2021)
* As of and is in US$
China Tourism Group Duty Free Corp Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Inbound, Outbound, and Domestic Travel |
| Individual Tours |
| Leisure Tours |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In October, the company's CDF Investment & Development entered into a partnership with Swire Properties to develop a retail landmark in Sanya, Hainan Province. |
| 2022 | Stock Listings/IPO | In July, the company announced to raise US$2-3 billion in a Hong Kong secondary listing. |
| 2021 | Plans/Strategy | In March, the company announced plans to invest CNY3.69 billion in Sanya International Duty Free City Phase I Project No. 2. |
Competitor Comparison
| Key Parameters | China Tourism Group Duty Free Corp Ltd | Trip.com Group Ltd | China CYTS Tours Holding Co Ltd | Tibet Tourism Co Ltd | GZL International Travel Service Ltd. |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing City | Shanghai | Beijing | Lasa | Guangzhou |
| State/Province | Beijing | Shanghai | Beijing | - | Guangdong |
| No. of Employees | 14,720 | 33,732 | 6,994 | 515 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Peng Hui | Chairman | Executive Board | 2019 | 59 |
| Chen Guoqiang | Managing Director; Director | Executive Board | 2019 | 57 |
| Wang Xuan | Director; General Manager-Deputy | Executive Board | 2021 | 53 |
| Yu Hui | Chief - Accountant | Senior Management | 2017 | 42 |
| Ge Ming | Director | Non Executive Board | 2021 | 70 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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