Listed Tourism Companies' H1 2026 Results Show Widening Divergence
Pinchain Tourism analyzed H1 2026 reports of 25 A-share listed tourism companies, showing industry growth but profit pressure. China Tourism Group Duty Free led with revenue of 27.655 billion yuan and net profit of 3.106 billion. Zhangjiajie's net profit surged 1026.8% due to debt restructuring gains, but still lost money ex-items. Songcheng Performance and CYTS saw declines, with regional divergence evident.
Impact and considerations
Listed tourism companies' performance reflects industry trends, providing valuable insights for investors and practitioners.
Key points
- In H1 2026, domestic trips reached 3.463 billion, spending 3.21 trillion yuan, up 5.4% and 2.0% YoY.
- Of 25 key A-share tourism companies, 19 were profitable, 6 loss-making.
- China Tourism Group Duty Free revenue 27.655B yuan, net profit 3.106B, up 19.49%.
- Zhangjiajie net profit surged 1026.8%, but still lost 196.594 million ex-items.
- Songcheng Performance revenue 962 million yuan, down 11.43%.
Sources and time
- Primary source
- 品橙旅游
- Other sources
- 0
- First source publication
- 27 Aug 2026, 08:00
- Page published
- 8 Sept 2026, 19:57
- Last updated
- 27 Aug 2026, 08:00
- Original links
- Pinchain Tourism：数读财报:谁撑起2026上半年上市旅游公司“C位”？ – 品橙旅游 (opens in a new tab)Primary source · zh · Published 27 Aug 2026, 08:00