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What is China Tourism Group Duty Free Net Margin %?
China Tourism Group Duty FreeCTGDF 81 Net Margin % is 13.89% as of Mar. 2026, which is 53% above its 10-year median of 9.10. GuruFocus rates CTGDF with a GF Score™ of 81/100. The stock has 5 warning signs investors should review. Among 1,131 Retail - Cyclical companies, China Tourism Group Duty Free ranks better than 78.07% on this metric.
China Tourism Group Duty Free (OTCPK:CTGDF) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
China Tourism Group Duty Free Net Margin % Related Terms
China Tourism Group Duty Free Net Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Retail subindustry, China Tourism Group Duty Free's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Tourism Group Duty Free Net Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Net Margin % distribution charts can be found below:
* The bar in red indicates where China Tourism Group Duty Free's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Tourism Group Duty Free (CTGDF) has a Net Margin % of 13.89% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on China Tourism Group Duty Free and its competitors. This is 53% above median its historical median of 9.10. Over the past decade, China Tourism Group Duty Free's Net Margin % has ranged from 6.58 to 14.26. According to the industry distribution chart, China Tourism Group Duty Free ranks #248 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 21.9%.
Is China Tourism Group Duty Free's Net Margin % too high?
China Tourism Group Duty Free's current Net Margin % of 13.89% is 53% above median its 10-year median of 9.10. Over the past 10 years, this metric has ranged from a low of 6.58 to a high of 14.26. The Retail - Cyclical industry median Net Margin % is 2.35. China Tourism Group Duty Free's value of 13.89% is 491.1% above this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #248 out of 1131 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's Net Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #248 out of 1131 companies for Net Margin %. This places China Tourism Group Duty Free in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.35. China Tourism Group Duty Free's value of 13.89% is 491.1% above this benchmark. Historically, China Tourism Group Duty Free's own Net Margin % has ranged from 6.58 to 14.26 over the past decade. While the company's 10-year median is 9.10 vs. the industry median of 2.35, China Tourism Group Duty Free has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.35, based on 1,131 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tourism Group Duty Free's current Net Margin % of 13.89% is 491.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on China Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current Net Margin % is 13.89%, which is 53% above median its own 10-year median of 9.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
China Tourism Group Duty Free (CTGDF) has a current Net Margin % of 13.89%. The current Net Margin % is 13.89%, which is 53% above median its 10-year median of 9.10 and 491.1% above the Retail - Cyclical industry median of 2.35. China Tourism Group Duty Free's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For China Tourism Group Duty Free (CTGDF), the current Net Margin % is 13.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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
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