SHA/601888 (SHA/601888)

Shanghai Stock Exchange: SHA/601888 · CNY

CN¥50.0

-0.18 (-0.4%)· Recorded snapshot

Market cap	102.1B
Revenue (ttm)	53.2B
Net income (ttm)	4.1B
EPS (ttm)	CN¥1.98
Shares out	2.1B
P/E (trailing)	25.3x
P/E (forward)	20.8x
Dividend	CN¥0.70 (1.40%)
Volume	10,941,979
Beta	0.41

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 53.2B
Net income (ttm): 4.1B
EPS (ttm): CN¥1.98
P/E (trailing): 25.3x
P/E (forward): 20.8x
Market cap: 102.1B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E20.8

P25 n/aP50 n/aP75 n/a

Trailing P/E25.3

P25 n/aP50 n/aP75 n/a

ROE6.2

P25 n/aP50 n/aP75 n/a

ROIC9.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/601888 indicators

Market & fundamental data

Available fields

256

Groups with data

Currency

CNY

Showing 256 of 256 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CNY
Country	China
Country code	CN
Earnings date	2026-10-30
Employees	14,485
Employees change	-1,542
Employees growth	-9.62%
Enterprise value	CNY 81.8B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	2008
Industry	Specialty Retail
Is primary listing	Yes
ISIN number	CNE100000G29
Last earnings date	2026-08-20
Last refreshed	2026-10-28
Last stock split date	2017-06-16
Last stock split type	Forward
Market cap	CNY 102.1B
Next earnings date	2026-10-30
Price	CNY 50.00
Price currency	CNY
Sector	Consumer Discretionary
SIC code	5900
Stock price date	2026-10-28
Symbol	sha/601888
Website	https://www.ctgdutyfree.com.cn

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	46.3x
Average P/E ratio (3Y)	33.23x
Average P/E ratio (5Y)	43.05x
Earnings yield	3.95%
EV/Earnings	19.99x
EV/EBIT	16.21x
EV/EBITDA	13.1x
EV/FCF	17.75x
EV/Sales	1.54x
FCF / EV yield	5.63%
FCF yield	4.51%
Forward P/E	20.78x
Graham number	35.06393
Graham upside	-29.87%
Industry P/E	30.21x
Lynch fair value	CNY 9.88
Lynch upside	-80.24%
P/B ratio	1.62x
P/E ratio	25.3x
P/FCF ratio	22.17x
P/OCF ratio	17.22x
P/S ratio	1.92x
PEG ratio	1.63x
Price / tangible book value	1.93x
Price/EBITDA ratio	18.7x
Sector forward P/E	15.98x
Sector P/E	29.75x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	9.48%
EBITDA margin	10.27%
Effective tax rate	28.6%
FCF margin	8.66%
Gross margin	32.55%
Operating margin	9.48%
Pretax margin	10.08%
Profit margin	7.69%
Profit per employee	CNY 282,558
Profitable quarters	25
Profitable years	20
Revenue per employee	CNY 3.7M
ROA	3.94%
ROA (5Y)	7.9%
ROCE	7.09%
ROE	6.16%
ROE (5Y)	16.29%
ROIC	9.61%
ROIC (5Y)	26.42%
Tax / revenue	2.88%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	14.08%
EPS growth (Q)	14.05%
EPS growth (QoQ)	-67.86%
EPS growth 10Y	9.23%
EPS growth 3Y	-6.54%
EPS growth 5Y	-18.09%
EPS growth quarters	2
EPS growth years	0
FCF growth	-13.8%
FCF growth 3Y	-8.52%
FCF growth 5Y	5.86%
Gross profit growth	7.59%
Gross profit growth (Q)	2.89%
Gross profit growth 3Y	1.83%
Gross profit growth 5Y	-7.42%
Net income growth	14.2%
Net income growth (Q)	14.54%
Net income growth (QoQ)	-67.72%
Net income growth 3Y	-6.19%
Net income growth 5Y	-17.12%
Net income growth quarters	2
Net income growth years	0
OCF growth	-4.91%
OCF growth 10Y	11.81%
OCF growth 3Y	-11.63%
OCF growth 5Y	4.41%
Operating income growth	20.12%
Operating income growth (Q)	1.25%
Operating income growth 3Y	-6.59%
Operating income growth 5Y	-20.74%
Revenue growth	-0.3%
Revenue growth (Q)	-5.75%
Revenue growth (QoQ)	-36.42%
Revenue growth 10Y	9.46%
Revenue growth 3Y	-5.3%
Revenue growth 5Y	-4.92%
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CNY -1.3B
Depreciation and amortization	CNY 416.3M
EBIT	CNY 5B
EBITDA	CNY 5.5B
EPS	CNY 1.98
FCF per share	CNY 2.22
Financing cash flow	CNY -1.5B
Free cash flow	CNY 4.6B
Gross profit	CNY 17.3B
Income taxes	CNY 1.5B
Investing cash flow	CNY -10B
Net borrowing	CNY -864.6M
Net cash flow	CNY -6.3B
Net income	CNY 4.1B
Operating income	CNY 5B
Revenue	CNY 53.2B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	6.17
Book value per share	CNY 27.65
Debt / EBITDA	1.63
Debt / equity	0.16
Debt / FCF	2.21
Goodwill	CNY 1.3B
Interest coverage	23.08
Long-term assets	CNY 26.8B
Long-term liabilities	CNY 8B
Net cash (debt)	CNY 26B
Net cash / market cap	25.49%
Net cash growth	-13.91%
Net debt / EBITDA	-4.77
Net debt / equity	-0.41
Net debt / FCF	-5.65
Piotroski F-Score	6
Property, plant and equipment	CNY 14.8B
Shareholders' equity	CNY 63.1B
Tangible book value	CNY 52.8B
Tangible book value per share	CNY 25.42
Total assets	CNY 84.9B
Total cash	CNY 36.2B
Total debt	CNY 10.2B
Total liabilities	CNY 21.8B
WACC	6.03%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.67
Current assets	CNY 58.2B
Current liabilities	CNY 13.8B
Current ratio	4.21
Inventory turnover	2.11
Net working capital	CNY 10.9B
Quick ratio	2.86
Working capital	CNY 44.4B
Working capital turnover	1.18

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.11%
Dividend growth	-33.33%
Dividend growth (10Y)	10.84%
Dividend growth (3Y)	-4.35%
Dividend growth (5Y)	-6.89%
Dividend growth years	0
Dividend payment date	2026-07-14
Dividend payment years	16
Dividend payout frequency	Semi-Annual
Dividend per share	CNY 0.70
Dividend yield	1.4%
Ex-dividend date	2026-07-14
FCF payout ratio	31.57%
Last dividend	CNY 0.45
Payout ratio	17.39%
Shareholder yield	1.3%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	121.39%
10Y return CAGR	9.43%
10Y total return	146.26%
150-day SMA	CNY 57.48
15Y price change	269.55%
15Y return CAGR	10.22%
15Y total return	330.2%
1D price change	-0.36%
1M price change	-2.84%
1M total return	-2.84%
1W price change	1.05%
1W total return	1.05%
1Y price change	-28.5%
1Y return CAGR	-27.65%
1Y total return	-27.63%
20-day SMA	CNY 50.20
200-day SMA	CNY 65.02
3M price change	-8.16%
3M total return	-8.16%
3Y price change	-46.75%
3Y return CAGR	-17.5%
3Y total return	-43.85%
50-day SMA	CNY 51.90
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 99.81
52-week high date	2026-01-20
52-week low	CNY 48.09
52-week low date	2026-10-15
5Y price change	-80.62%
5Y return CAGR	-27%
5Y total return	-79.27%
6M price change	-23.8%
6M total return	-23.12%
All-time high	CNY 403.78
All-time high date	2021-02-18
All-time low	CNY 7.48
All-time low date	2009-11-02
Average true range (ATR)	CNY 0.97
Average volume	13.2M
Beta (1Y)	0.22
Beta (2Y)	0.23
Beta (5Y)	0.41
Change from 52-week high	-49.9%
Change from 52-week low	3.97%
Change from all-time high	-87.62%
Change from all-time low	568.9%
Change from open	-0.36%
Day's gap	0%
Dollar volume	CNY 547.1M
High price	CNY 50.82
Low price	CNY 49.73
Monthly RSI	35.54
Open price	CNY 50.18
Position in 52-week range	24.77%
Previous close	CNY 50.18
Price vs 150-day SMA	-13.01%
Price vs 20-day SMA	-0.4%
Price vs 200-day SMA	-23.1%
Price vs 50-day SMA	-3.66%
Relative volume	0.82
RSI	44.89
Sharpe ratio	-0.69
Sharpe ratio (3Y)	-0.58
Sharpe ratio (5Y)	-0.7
Sortino ratio	-0.93
Sortino ratio (3Y)	-0.76
Sortino ratio (5Y)	-0.91
Volume	10.9M
Weekly RSI	34.71
YTD price change	-47.12%
YTD total return	-46.65%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	1B
Shares change (QoQ)	0.44%
Shares change (YoY)	0.11%
Shares held by institutions	12.73%
Shares outstanding	2.1B

Deeper analysis on SHA/601888

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this SHA/601888 report

Is a complete SHA/601888 research report available?

No complete published report is available for sha/601888 (SHA/601888) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/601888 (SHA/601888)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/601888

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/601888 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SHA/601888

Frequently asked questions