China International Travel Service Corp Ltd
China Tourism Group Duty Free Corporation Limited engages in duty-free tourism retail business in China. The company engages in the wholesale and retail of duty-free commodities, such as tobacco, alcohol, perfume, fine goods, clothing, and electronic products. It is also involved in the investment and development of commercial complexes for duty-free businesses. The company was formerly known as … Read more
China International Travel Service Corp Ltd (601888) - Total Assets
Latest total assets as of September 2025: CN¥75.50 Billion CNY
Based on the latest financial reports, China International Travel Service Corp Ltd (601888) holds total assets worth CN¥75.50 Billion CNY as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
China International Travel Service Corp Ltd - Total Assets Trend (2006–2024)
This chart illustrates how China International Travel Service Corp Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China International Travel Service Corp Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
China International Travel Service Corp Ltd's total assets of CN¥75.50 Billion consist of 73.4% current assets and 26.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 45.7% |
| Accounts Receivable | CN¥979.72 Million | 1.3% |
| Inventory | CN¥17.35 Billion | 22.8% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥1.95 Billion | 2.6% |
| Goodwill | CN¥822.66 Million | 1.1% |
Asset Composition Trend (2006–2024)
This chart illustrates how China International Travel Service Corp Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China International Travel Service Corp Ltd's current assets represent 73.4% of total assets in 2024, a decrease from 76.7% in 2006.
- Cash Position: Cash and equivalents constituted 45.7% of total assets in 2024, up from 28.6% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2006.
- Asset Diversification: The largest asset category is inventory at 22.8% of total assets.
China International Travel Service Corp Ltd Competitors by Total Assets
Key competitors of China International Travel Service Corp Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing Sanfo Outdoor Products Co Ltd
SHE:002780
|
China | CN¥1.16 Billion |
|
Ls Networks
KO:000680
|
Korea | ₩10.50 Trillion |
|
Suning Commerce Group Co Ltd
SHE:002024
|
China | CN¥114.75 Billion |
|
Haining China Leather Market Co Ltd
SHE:002344
|
China | CN¥12.96 Billion |
|
Zhejiang Aishida Electric Co Ltd
SHE:002403
|
China | CN¥4.75 Billion |
|
Shenzhen Aisidi Co Ltd
SHE:002416
|
China | CN¥12.81 Billion |
|
Monami
KO:005360
|
Korea | ₩183.92 Billion |
|
Hotel Shilla Co Ltd
KO:008775
|
Korea | ₩3.59 Trillion |
China International Travel Service Corp Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - China International Travel Service Corp Ltd generates 0.74x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, China International Travel Service Corp Ltd generates $5.60 in net profit.
China International Travel Service Corp Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.82 | 4.88 | 1.98 |
| Quick Ratio | 4.03 | 3.21 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥46.27 Billion | CN¥ 43.47 Billion | CN¥ 15.31 Billion |
China International Travel Service Corp Ltd - Advanced Valuation Insights
This section examines the relationship between China International Travel Service Corp Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.52 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -3.3% |
| Total Assets | CN¥76.26 Billion |
| Market Capitalization | $10.27 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China International Travel Service Corp Ltd's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: China International Travel Service Corp Ltd's assets decreased by 3.3% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for China International Travel Service Corp Ltd (2006–2024)
The table below shows the annual total assets of China International Travel Service Corp Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥76.26 Billion | -3.31% |
| 2023-12-31 | CN¥78.87 Billion | +3.90% |
| 2022-12-31 | CN¥75.91 Billion | +36.84% |
| 2021-12-31 | CN¥55.47 Billion | +32.33% |
| 2020-12-31 | CN¥41.92 Billion | +36.60% |
| 2019-12-31 | CN¥30.69 Billion | +14.30% |
| 2018-12-31 | CN¥26.85 Billion | +28.26% |
| 2017-12-31 | CN¥20.93 Billion | +21.08% |
| 2016-12-31 | CN¥17.29 Billion | +9.89% |
| 2015-12-31 | CN¥15.73 Billion | +7.01% |
| 2014-12-31 | CN¥14.70 Billion | +13.42% |
| 2013-12-31 | CN¥12.96 Billion | +45.14% |
| 2012-12-31 | CN¥8.93 Billion | +16.03% |
| 2011-12-31 | CN¥7.70 Billion | +18.74% |
| 2010-12-31 | CN¥6.48 Billion | +17.86% |
| 2009-12-31 | CN¥5.50 Billion | +82.08% |
| 2008-12-31 | CN¥3.02 Billion | +6.30% |
| 2007-12-31 | CN¥2.84 Billion | +28.27% |
| 2006-12-31 | CN¥2.22 Billion | -- |