A-Share Listed Tourist Attraction, Hotel and Catering Companies - Profiles and Financial Data
According to CRI research, in 2016, the total revenue of the tourism industry in China exceeded CNY 4.6 trillion, up by over 10% YOY. The total investment of tourism industry was over CNY 1 trillion, taking up 10% of the GDP growth in China. By the end of 2016, the number of class A scenic area had amounted to over 7,000.
The number of hotels had exceeded 240,000. Among them, 12,000 were high-end hotels, accounting for less than 5% of the total. The hotel industry still has room for progress.
By the end of 2016, there had been 5 million restaurants in China with annual revenue of over CNY 3 trillion. The increasing number of restaurant intensifies the competition in the catering industry. In terms of consumption per capita, the consumption of dinner, hot pot, fast food, western food and casual dining per capita are rising. In 2016, hot pot developed the fastest in terms of revenues and average net profit margin. Fast food had the largest gross margin, the largest revenue per square meter and the largest revenue per person. Additionally, western food had the highest sales value per capita. Since 2015, the catering industry in China has witnessed the take-off of food delivery business. Mobile payment, such as Alipay and WeChat Pay has changed the habits of Chinese consumers, thereby driving the development of the catering industry.
CRI estimates that in the next few years, the annual growth rate of Chinese economy will remain at over 6% and it is conducive to the prosperity of scenery, hotel and catering industry.
In this report, CRI analyzes 17 scenery, hotel and catering enterprises listed in A-share market in China.
The report is composed of two parts: the first part is enterprise profiles and the second part is the operation status of these enterprises in the recent decade (presently 2006 to 2016, we will update it to the latest as time goes by).
The operation status is demonstrated from the following perspectives: (1) financial indexes, such as earnings per share, book value per share (BPS), sales per share, net cash flow per share, return on net worth and debt to asset ratio; (2) indexes on the income statement, such as revenue, operating profit, net profit and EBIT; (3) indexes on the income statement, such as revenue, operating profit, net profit and EBIT; (4) indexes on the balance sheet, such as liquid asset, fixed asset, current liability, non-current liability, capital reserve and shareholders' equity.
(1) Financial Indexes
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