China Tourism Group Duty Free (SHSE:601888) OCF Yield %: 4.65 (As of Aug. 15, 2026) — 55% Above Median

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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 OCF Yield %?

China Tourism Group Duty Free SHSE:601888 -1.66% 81 OCF Yield % is 4.65 as of Aug. 15, 2026, which is 55% above its 10-year median of 3.00. GuruFocus rates SHSE:601888 with a GF Score™ of 81/100 and a GF Value™ of ¥68.42 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,131 Retail - Cyclical companies, China Tourism Group Duty Free ranks worse than 61.45% on this metric.

OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

As of today, China Tourism Group Duty Free's Trailing 12-Month Cash Flow from Operations is ¥5,152 Mil, and Market Cap is ¥110,904 Mil. Therefore, China Tourism Group Duty Free's OCF Yield % for today is 4.65%.

The historical rank and industry rank for China Tourism Group Duty Free's OCF Yield % or its related term are showing as below:

SHSE:601888' s OCF Yield % Range Over the Past 10 Years
Min: -0.99   Med: 3   Max: 10.06
Current: 4.65


During the past 13 years, the highest OCF Yield % of China Tourism Group Duty Free was 10.06%. The lowest was -0.99%. And the median was 3.00%.

SHSE:601888's OCF Yield % is ranked worse than
61.45% of 1131 companies
in the Retail - Cyclical industry
Industry Median: 7.8 vs SHSE:601888: 4.65

China Tourism Group Duty Free's OCF Margin % for the quarter that ended in Mar. 2026 was %.


China Tourism Group Duty Free OCF Yield % Explanation

Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


China Tourism Group Duty Free OCF Yield % Related Terms


China Tourism Group Duty Free OCF Yield % Historical Data

* Premium members only.

The historical data trend for China Tourism Group Duty Free's OCF Yield % can be seen below:

* 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 OCF Yield % Chart

China Tourism Group Duty Free Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 -0.76 8.74 5.73 3.10

China Tourism Group Duty Free Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.41 -6.94 2.11 5.46 10.64

SHSE:601888 vs CASY, WSM, ULTA: OCF Yield % Comparison

For the Specialty Retail subindustry, China Tourism Group Duty Free's OCF Yield %, along with its competitors' market caps and OCF Yield % 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 OCF Yield % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's OCF Yield % distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's OCF Yield % falls into.


SHSE:601888
81GF Score
China Tourism Group Duty Free Corp Ltd SHSE:601888
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Tourism Group Duty Free OCF Yield % Calculation

OCF Yield % is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.

China Tourism Group Duty Free's OCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

OCF Yield %=Cash Flow from Operations / Market Cap
=6058.56 / 195631.30704
=3.10%

China Tourism Group Duty Free's annualized OCF Yield % for the quarter that ended in Mar. 2026 is calculated as

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=3890.594 * 4 / 146235.35286
=10.64%

* 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.

Frequently Asked Questions Learn more about OCF Yield % →
What does a OCF Yield % of 4.65 mean?
China Tourism Group Duty Free (SHSE:601888) has a OCF Yield % of 4.65 as of Aug. 15, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on China Tourism Group Duty Free and its competitors. This is 55% above median its historical median of 3.00. According to the industry distribution chart, China Tourism Group Duty Free ranks #695 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 61.5%.
Is China Tourism Group Duty Free's OCF Yield % too high?
China Tourism Group Duty Free's current OCF Yield % of 4.65 is 55% above median its 10-year median of 3.00. The Retail - Cyclical industry median OCF Yield % is 7.80. China Tourism Group Duty Free's value of 4.65 is 40.4% below this industry median. Based on the distribution chart, China Tourism Group Duty Free ranks #695 out of 1131 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's OCF Yield % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, China Tourism Group Duty Free ranks #695 out of 1131 companies for OCF Yield %. This places China Tourism Group Duty Free in the lower half of its industry. The industry median OCF Yield % is 7.80. China Tourism Group Duty Free's value of 4.65 is 40.4% below this benchmark. While the company's 10-year median is 3.00 vs. the industry median of 7.80, China Tourism Group Duty Free has consistently been below 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 OCF Yield % for a Retail - Cyclical company?
The median OCF Yield % among Retail - Cyclical companies is 7.80, based on 1,131 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tourism Group Duty Free's current OCF Yield % of 4.65 is 40.4% below 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 OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on China Tourism Group Duty Free and its competitors. For the Retail - Cyclical industry, the median OCF Yield % is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tourism Group Duty Free's current OCF Yield % is 4.65, which is 55% above median its own 10-year median of 3.00. 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?
Based on GuruFocus' analysis, China Tourism Group Duty Free (SHSE:601888) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥68.42, compared to a current price of ¥54.06 — trading 21% below its estimated fair value. The current OCF Yield % is 4.65, which is 55% above median its 10-year median of 3.00 and 40.4% below the Retail - Cyclical industry median of 7.80. 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 OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For China Tourism Group Duty Free (SHSE:601888), the current OCF Yield % is 4.65 as of Aug. 15, 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.

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:

  • OCF Yield %: 4.65 (55% above median its 10-year median of 3.00)
  • GF Value™: ¥68.42 vs. price of ¥54.06 (21% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 40.4% below the Retail - Cyclical median (#695 of 1131)

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

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

¥54.06
Price
¥68.42
GF Value