China Tourism Group Duty Free Corporation Limited (SHA:601888)

SHA:601888 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	31,969	34,817	31,838	26,892	16,856	14,713
Short-Term Investments	-	700.79	1,551	-	-	-
Cash & Short-Term Investments	31,969	35,518	33,390	26,892	16,856	14,713
Cash Growth	-0.16%	6.38%	24.16%	59.54%	14.56%	17.84%
Accounts Receivable	90.78	66.6	138.84	151.3	105.99	128.73
Other Receivables	1,153	1,984	3,281	1,587	1,497	1,104
Receivables	1,244	2,051	3,420	1,739	1,603	1,233
Inventory	17,219	17,348	21,057	27,926	19,725	14,733
Other Current Assets	5,435	1,043	589.39	648.51	357.65	299.94
Total Current Assets	55,868	55,960	58,456	57,205	38,542	30,979
Property, Plant & Equipment	8,893	9,085	9,453	9,373	9,015	2,824
Long-Term Investments	3,596	3,670	2,200	1,970	991.69	791.26
Goodwill	822.66	822.66	822.46	822.46	822.46	822.46
Other Intangible Assets	1,885	1,940	2,128	2,458	2,401	2,449
Long-Term Deferred Tax Assets	1,127	1,204	1,236	1,018	1,122	1,512
Long-Term Deferred Charges	894.77	1,098	1,078	1,104	812.48	717.31
Other Long-Term Assets	2,410	2,480	3,497	1,957	1,767	1,833
Total Assets	75,496	76,260	78,869	75,908	55,474	41,928
Accounts Payable	3,550	4,717	6,403	7,679	5,880	4,327
Accrued Expenses	553.16	1,980	2,586	2,676	3,460	1,839
Short-Term Debt	228.96	232.63	369.43	1,932	411.34	417.36
Current Portion of Long-Term Debt	964.2	159.4	146.22	1.03	-	-
Current Portion of Leases	-	634.32	592.57	674.33	1,545	-
Current Income Taxes Payable	1,383	238.51	543.84	477.81	1,607	2,215
Current Unearned Revenue	1,163	1,115	1,216	1,506	1,372	905.71
Other Current Liabilities	1,759	1,893	3,471	2,535	2,861	5,959
Total Current Liabilities	9,602	10,969	15,329	17,480	17,136	15,663
Long-Term Debt	2,902	2,567	2,522	2,509	-	-
Long-Term Leases	1,160	1,566	1,751	1,738	3,487	-
Long-Term Unearned Revenue	145.05	171.28	42.96	3.62	3.43	3.18
Pension & Post-Retirement Benefits	1.09	1.09	1.09	1.09	0.91	0.95
Long-Term Deferred Tax Liabilities	33.93	37.39	42.03	48.51	55.24	74.39
Other Long-Term Liabilities	-	-	-	-	0.1	0.97
Total Liabilities	13,844	15,312	19,688	21,780	20,682	15,742
Common Stock	2,069	2,069	2,069	2,069	1,952	1,952
Additional Paid-In Capital	17,428	17,442	17,447	17,486	1,870	1,990
Retained Earnings	35,291	34,412	33,558	28,499	26,398	18,697
Comprehensive Income & Other	885.86	1,174	759.81	518.66	-601.79	-324.29
Total Common Equity	55,674	55,097	53,834	48,573	29,619	22,314
Minority Interest	5,979	5,852	5,348	5,554	5,173	3,871
Shareholders' Equity	61,653	60,948	59,182	54,127	34,791	26,185
Total Liabilities & Equity	75,496	76,260	78,869	75,908	55,474	41,928
Total Debt	5,255	5,160	5,381	6,854	5,443	417.36
Net Cash (Debt)	26,715	30,359	28,008	20,037	11,413	14,296
Net Cash Growth	0.66%	8.39%	39.78%	75.57%	-20.17%	16.59%
Net Cash Per Share	12.91	14.67	13.54	10.07	5.85	7.32
Filing Date Shares Outstanding	2,069	2,069	2,069	2,069	1,952	1,952
Total Common Shares Outstanding	2,069	2,069	2,069	2,069	1,952	1,952
Working Capital	46,266	44,991	43,127	39,725	21,406	15,316
Book Value Per Share	26.91	26.63	26.02	23.48	15.17	11.43
Tangible Book Value	52,967	52,334	50,884	45,293	26,395	19,043
Tangible Book Value Per Share	25.60	25.30	24.60	21.89	13.52	9.75
Buildings	-	7,358	7,341	6,255	2,512	2,122
Machinery	-	488.34	437.62	425.32	388.37	362.66
Construction In Progress	-	972.14	1,067	1,852	2,890	1,233

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.