CHINA TRAVEL INTL
CHINA TRAVEL INTL operates in Diversified Metals & Mining.
CHINA TRAVEL INTL (CTI) - Net Assets
Latest net assets as of December 2023: €18.25 Billion EUR
Based on the latest financial reports, CHINA TRAVEL INTL (CTI) has net assets worth €18.25 Billion EUR as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€25.01 Billion) and total liabilities (€6.76 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €18.25 Billion |
| % of Total Assets | 72.97% |
| Annual Growth Rate | 2.11% |
| 5-Year Change | 5.11% |
| 10-Year Change | N/A |
| Growth Volatility | 4.87 |
CHINA TRAVEL INTL - Net Assets Trend (2016–2023)
This chart illustrates how CHINA TRAVEL INTL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CHINA TRAVEL INTL (2016–2023)
The table below shows the annual net assets of CHINA TRAVEL INTL from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €18.25 Billion | +1.53% |
| 2022-12-31 | €17.98 Billion | -5.98% |
| 2021-12-31 | €19.12 Billion | +3.72% |
| 2020-12-31 | €18.44 Billion | +6.17% |
| 2019-12-31 | €17.36 Billion | +1.47% |
| 2018-12-31 | €17.11 Billion | -1.62% |
| 2017-12-31 | €17.39 Billion | +10.28% |
| 2016-12-31 | €15.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CHINA TRAVEL INTL's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 15.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.62 Billion | 40.45% |
| Other Components | €9.74 Billion | 59.55% |
| Total Equity | €16.35 Billion | 100.00% |
CHINA TRAVEL INTL Competitors by Market Cap
The table below lists competitors of CHINA TRAVEL INTL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Solar District Cooling Group Berhad
KLSE:0321
|
$1.39K |
|
AMAR3F
SA:AMAR3F
|
$1.39K |
|
Arab Valves Company
EGX:ARVA
|
$1.39K |
|
Stylers Int.
KAR:STYLERS
|
$1.39K |
|
Shahzad Textile Mills Limited
KAR:SZTM
|
$1.39K |
|
MM Group For Industry And International Trade
EGX:MTIE
|
$1.39K |
|
Egyptian Transport (EGYTRANS)
EGX:ETRS
|
$1.39K |
|
CBEE1
SA:CBEE1
|
$1.38K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHINA TRAVEL INTL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 16,199,492,000 to 16,354,364,000, a change of 154,872,000 (1.0%).
- Net income of 239,548,000 contributed positively to equity growth.
- Dividend payments of 83,050,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €239.55 Million | +1.46% |
| Dividends Paid | €83.05 Million | -0.51% |
| Other Changes | €-1.63 Million | -0.01% |
| Total Change | €- | 0.96% |
Book Value vs Market Value Analysis
This analysis compares CHINA TRAVEL INTL's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €2.98 | €0.14 | x |
| 2018-12-31 | €2.94 | €0.14 | x |
| 2019-12-31 | €2.91 | €0.14 | x |
| 2020-12-31 | €2.93 | €0.14 | x |
| 2021-12-31 | €3.13 | €0.14 | x |
| 2022-12-31 | €2.93 | €0.14 | x |
| 2023-12-31 | €2.95 | €0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHINA TRAVEL INTL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.33%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.53x
- Recent ROE (1.46%) is below the historical average (1.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.40% | 8.66% | 0.20x | 1.36x | €-1.12 Billion |
| 2017 | 7.08% | 23.38% | 0.22x | 1.37x | €-473.42 Million |
| 2018 | 4.29% | 15.21% | 0.21x | 1.34x | €-914.27 Million |
| 2019 | 2.41% | 8.64% | 0.21x | 1.36x | €-1.22 Billion |
| 2020 | -2.41% | -19.87% | 0.08x | 1.55x | €-2.01 Billion |
| 2021 | 1.00% | 4.77% | 0.14x | 1.49x | €-1.56 Billion |
| 2022 | -2.20% | -11.73% | 0.13x | 1.47x | €-1.98 Billion |
| 2023 | 1.46% | 5.33% | 0.18x | 1.53x | €-1.40 Billion |
Industry Comparison
This section compares CHINA TRAVEL INTL's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHINA TRAVEL INTL (CTI) | €18.25 Billion | 2.40% | 0.37x | $1.39K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |