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

SHA:601888 Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	27,180	33,781	34,817	31,838	26,892	16,856
Short-Term Investments	9,027	2,991	700.79	1,551	-	-
Cash & Short-Term Investments	36,207	36,772	35,518	33,390	26,892	16,856
Cash Growth	2.14%	3.53%	6.38%	24.16%	59.54%	14.56%
Accounts Receivable	130.83	72.76	66.6	138.84	151.3	105.99
Other Receivables	3,126	2,988	1,984	3,281	1,587	1,497
Receivables	3,257	3,060	2,051	3,420	1,739	1,603
Inventory	17,189	15,302	17,348	21,057	27,926	19,725
Other Current Assets	1,525	1,091	1,043	589.39	648.51	357.65
Total Current Assets	58,177	56,226	55,960	58,456	57,205	38,542
Property, Plant & Equipment	14,840	9,467	9,085	9,453	9,373	9,015
Long-Term Investments	3,482	3,556	3,670	2,200	1,970	991.69
Goodwill	1,269	484.8	822.66	822.46	822.46	822.46
Other Intangible Assets	3,376	1,984	1,940	2,128	2,458	2,401
Long-Term Deferred Tax Assets	769.34	669.23	1,204	1,236	1,018	1,122
Long-Term Deferred Charges	1,114	916.22	1,098	1,078	1,104	812.48
Other Long-Term Assets	1,912	1,680	2,480	3,497	1,957	1,767
Total Assets	84,940	74,983	76,260	78,869	75,908	55,474

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	5,816	3,985	4,717	6,403	7,679	5,880
Accrued Expenses	2,163	2,732	2,970	2,586	2,676	3,460
Short-Term Debt	408.96	226.68	232.63	369.43	1,932	411.34
Current Portion of Long-Term Debt	393.12	281.08	159.4	146.22	1.03	-
Current Portion of Leases	1,919	510.73	634.32	592.57	674.33	1,545
Current Income Taxes Payable	403.91	262.33	238.51	543.84	477.81	1,607
Current Unearned Revenue	1,098	1,028	1,127	1,216	1,506	1,372
Other Current Liabilities	1,606	621.43	890.82	3,471	2,535	2,861
Total Current Liabilities	13,808	9,647	10,969	15,329	17,480	17,136
Long-Term Debt	2,576	2,849	2,567	2,522	2,509	-
Long-Term Leases	4,876	1,162	1,566	1,751	1,738	3,487
Long-Term Unearned Revenue	149.22	165.05	171.28	42.96	3.62	3.43
Pension & Post-Retirement Benefits	1.09	1.09	1.09	1.09	1.09	0.91
Long-Term Deferred Tax Liabilities	225.35	33.63	37.39	42.03	48.51	55.24
Other Long-Term Liabilities	159.75	-	-	-	-	0.1
Total Liabilities	21,795	13,857	15,312	19,688	21,780	20,682

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,078	2,069	2,069	2,069	2,069	1,952
Additional Paid-In Capital	18,025	17,427	17,442	17,447	17,486	1,870
Retained Earnings	37,480	35,308	34,412	33,558	28,499	26,398
Comprehensive Income & Other	-129.9	665.12	1,174	759.81	518.66	-601.79
Total Common Equity	57,453	55,469	55,097	53,834	48,573	29,619
Minority Interest	5,692	5,656	5,852	5,348	5,554	5,173
Shareholders' Equity	63,145	61,126	60,948	59,182	54,127	34,791
Total Liabilities & Equity	84,940	74,983	76,260	78,869	75,908	55,474

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	10,172	5,029	5,160	5,381	6,854	5,443
Net Cash (Debt)	26,035	31,743	30,359	28,008	20,037	11,413
Net Cash Growth	-13.91%	4.56%	8.39%	39.78%	75.57%	-20.17%
Net Cash Per Share	12.57	15.34	14.67	13.54	10.07	5.85
Filing Date Shares Outstanding	2,078	2,078	2,069	2,069	2,069	1,952
Total Common Shares Outstanding	2,078	2,069	2,069	2,069	2,069	1,952
Working Capital	44,370	46,579	44,991	43,127	39,725	21,406
Book Value Per Share	27.65	26.81	26.63	26.02	23.48	15.17
Tangible Book Value	52,807	53,000	52,334	50,884	45,293	26,395
Tangible Book Value Per Share	25.42	25.62	25.30	24.60	21.89	13.52
Buildings	7,798	7,921	7,358	7,341	6,255	2,512
Machinery	498.18	444.66	488.34	437.62	425.32	388.37
Construction In Progress	2,257	1,759	972.14	1,067	1,852	2,890

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 24, 2026

Data Sources Report a data error