China Tourism Group Duty Free (SHSE:601888) Moat Score: 0/10 (As of Aug. 15, 2026)

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Director of Data and Quant Analytics at GuruFocus
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SHSE:601888 China Tourism Group Duty Free Corp Ltd SHSE:601888
81 GF Score
Price ¥54.06
GF Value ¥68.42
Valuation Modestly Undervalued
! 5 Warning Signs
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What is China Tourism Group Duty Free Moat Score?

China Tourism Group Duty Free has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

China Tourism Group Duty Free has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes China Tourism Group Duty Free might have No Moat - No discernible moat.

China Tourism Group Duty Free  (SHSE:601888) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

China Tourism Group Duty Free Moat Score Related Terms

SHSE:601888
81GF Score
China Tourism Group Duty Free Corp Ltd SHSE:601888
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is China Tourism Group Duty Free (SHSE:601888) Overvalued in 2026?

Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued. The current stock price of ¥54.06 is trading 21% below its estimated GF Value™ of ¥68.42. GuruFocus considers China Tourism Group Duty Free to be Modestly Undervalued.

Key valuation signals for SHSE:601888:

  • Moat Score: 0
  • GF Value™: ¥68.42 vs. price of ¥54.06 (21% below fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the SHSE:601888 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Tourism Group Duty Free Business Description

Other Exchanges 01880:Hong Kong
Address No. 2A, Dongzhimenwai Street, 8th Floor, Building A, Dongcheng District, Beijing, CHN, 100027
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score

Get the complete analysis for SHSE:601888

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥54.06
Price
¥68.42
GF Value