Employees: 7,009
Size China Travel International Investment Hong Kong (0308.HK) is a Hong Kong Consumer Discretionary company (Other Consumer Services) with a market value of $809M, the 643rd largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$1.15 on 6 Nov 2026.
Performance Over six months the shares gained 0.4%, against -15.3% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue fell 6.8% over the last twelve months (peer median +4.1%); the operating margin is 11.3% (peer median 13.1%).
Valuation It trades at 23.4× forward earnings against a peer median of 15.7× (3rd most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.5 points below its cost of capital (7.1% WACC).
Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | HK$4.16B | HK$4.08B | HK$4.17B | HK$4.49B | HK$3.03B |
| Revenue growth | — | -2% | -7% | +48% | — |
| Gross profit | HK$1.27B | HK$1.21B | HK$1.50B | HK$1.52B | HK$308M |
| EBITDA | HK$1.08B | HK$888M | HK$1.11B | HK$769M | -HK$365M |
| Net income | -HK$83.2M | -HK$282M | HK$106M | HK$240M | -HK$356M |
| Free cash flow | HK$345M | HK$177M | -HK$117M | HK$52.0M | -HK$1.05B |
| Capital expenditure | HK$632M | HK$755M | HK$862M | HK$1.06B | HK$864M |
| Total debt | n/a | HK$2.71B | HK$2.05B | HK$2.22B | HK$1.26B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 0308.HK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.3% | -1.9% | 10th highest of 21 |
| 6-month return | +0.4% | -15.3% | 8th highest of 21 |
| Distance from 52-week high | -39.1% | -35.3% | 8th lowest of 21 |
| Revenue growth (TTM) | -6.8% | +4.1% | 6th lowest of 21 |
| Operating margin | 11.3% | 13.1% | 10th lowest of 21 |
| Forward P/E | 23.4× | 15.7× | 3rd most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 5.4% | 1.1% | 3rd most demanding of 17 |
| Growth delivered (Del g) | +15.7% | +24.4% | 7th lowest of 17 |
| Hurdle (Req g minus delivered) | -10.3 pp | -22.9 pp | 2nd most demanding of 17 |
| ROIC minus cost of capital | -4.5 pp | +4.7 pp | 4th lowest of 19 |
| EV / EBITDA | 7.3× | 7.3× | 7th most expensive of 14 |
| Net debt / EBITDA | -0.5× | 0.3× | 6th least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| China Travel International Investment Hong Kong 0308.HK | Hong Kong | $809M | 0% | -7% | 11% | 23.4× | 5.4% | +15.7% |
| Mader MAD.AX | Australia | $806M | -29% | +15% | 9% | 15.7× | 5.2% | +26.9% |
| Caissa Tourism 000796.SZ | China | $805M | -36% | +42% | -10% | n/a | n/a | n/a |
| TripAdvisor TRIP | United States | $820M | -38% | -4% | 5% | 10.1× | -6.6% | +25.6% |
| Dalian Sunasia Tourism 600593.SS | China | $793M | +19% | +5% | 32% | n/a | n/a | n/a |
| Emei Shan Tourism 000888.SZ | China | $789M | -16% | -8% | 15% | 21.7× | 3.2% | +15.1% |
| Shaanxi Tourism Culture Industry 603402.SS | China | $832M | -36% | -18% | 54% | 18.7× | -15.9% | +27.6% |
| Dongguan Kingsun Optoelectronic 002638.SZ | China | $849M | -16% | -24% | -34% | n/a | n/a | n/a |
| Webbeds WEB.AX | Australia | $871M | +45% | +20% | 25% | 15.7× | 4.5% | +50.3% |
| UTour 002707.SZ | China | $740M | -15% | -9% | 2% | 76.6× | 9.7% | +33.8% |
| China CYTS Tours 600138.SS | China | $737M | -25% | +15% | 3% | 43.9× | 1.5% | +9.7% |
| Trainline TRN.L | United Kingdom | $887M | -5% | +1% | 27% | 7.9× | -8.0% | +46.5% |
| Voyageurs du Monde ALVDM.PA | France | $896M | +28% | +4% | 8% | 18.1× | 1.8% | +46.3% |
| Sats SATS.OL | Norway | $937M | +10% | +5% | 18% | 15.2× | -5.9% | +10.6% |
| Lijiang Yulong Tourism 002033.SZ | China | $687M | -12% | +8% | 37% | 18.3× | 0.8% | +14.8% |
| American Public Education APEI | United States | $682M | -34% | +4% | 10% | 14.5× | 0.4% | +15.1% |
| Afya AFYA | United States | $960M | -25% | +17% | 32% | 5.9× | -16.3% | +23.2% |
| eDreams ODIGEO EDR.MC | Spain | $637M | +59% | -3% | 12% | 15.5× | 2.9% | +44.2% |
| China Gingko Education 1851.HK | Hong Kong | $629M | +56% | +14% | 38% | n/a | 5.9% | +16.9% |
| Yunnan Tourism 002059.SZ | China | $606M | -19% | -24% | -62% | n/a | n/a | n/a |
| Curves 7085.T | Japan | $601M | +27% | +16% | 18% | 16.7× | -0.7% | +11.9% |