CTG DUTY-FREEに関するコメント

The market's lack of concern for the EPS figure or expected earnings drop is reflected in the 37% share price fall. The company's weak performance over the past five years resulted in shareholders facing a yearly loss of 3%.

Despite positive earnings growth and market-matching outlook, the company's lower P/E ratio suggests shareholder doubt in forecasts, accepting lower selling prices. Investors seem to anticipate future earnings volatility.

A concerning trend for China Tourism Group Duty Free is its historically declining ROCE, despite the company's increased revenue and assets. More examination is required to confirm its future potential.

The stock's underpricing potentially points to a buying opportunity due to unreflected future growth prospects. Nevertheless, consider the capital structure and high beta-induced price volatility which might bring about further buying opportunities.

The growth in EPS is a key factor in the company's positive five-year return. The recent sell-off may represent an investment opportunity if long-term growth trends and fundamentals maintain. Dividends offered by the company greatly augment the total shareholder return.

Total Retail Sales of Consumer Goods: December 2022 total retail sales of consumer goods were 405.42 billion yuan, nominal -1.8% YoY (+4.1 pct from previous value), higher than expected, mainly due to the high increase in demand for drugs under the influence of the epidemic in December, as well as benefiting from the Spring Festival + subjective travel intentions to...

I.2023 Travel Tourism New Trends
Since December 2022, along with the cancellation of PCR testing and allowing test positive to quarantine at home, domestic travel restrictions have now been fully liberalized. In the future, immigration is not ruled out and will gradually liberalize.
Concerning domestic travel trends, the data from Mafengwo shows that in 2021, about 70% of free-traveling users will choose to travel by car after heavy t...

The COVID-19 infection rate has peaked in major Chinese cities (such as Beijing, Shanghai, Guangzhou, Shenzhen, and so on.) The number of COVID-19 infections has begun to fall from a high level. What is the progress of the current consumer market recovery now?
How to grasp the investment opportunities in the consumer sector in 2023?
[Food & Beauty]Infection peak has passed. Consumer recovery ahead
Infections...