China Travel International Investment Hong Kong Company Overview

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China Travel International Investment Hong Kong is a subsidiary of China Travel Service (CTS) Holdings Limited, a leading travel service provider in China.

Founded in 1955, CTS has a rich history of providing travel services to Chinese citizens and international tourists. The company has a strong presence in the Chinese market, with a network of travel agencies and tour operators across the country.

CTS was listed on the Hong Kong Stock Exchange in 1997, marking a significant milestone in its development as a publicly traded company. Today, CTS is one of the largest travel service providers in China, with a diverse range of businesses including tour operations, travel agency services, and hotel management.

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Company Information

China Travel International Investment Hong Kong, or CTIIHK, is a leading travel agency in Hong Kong.

It was established in 1973, marking the beginning of its long history in the travel industry.

CTIIHK offers a wide range of travel services, from ticketing and hotel reservations to package tours and travel insurance.

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The company has a strong presence in Hong Kong, with a large network of branches and agents across the territory.

CTIIHK is a member of the International Air Transport Association, ensuring its services meet international standards.

It has also received numerous awards and recognition for its outstanding services and contributions to the travel industry.

CTIIHK has a team of experienced and knowledgeable staff who are dedicated to providing excellent service to its customers.

Financial Performance

China Travel International Investment Hong Kong has a strong financial performance, with revenue reaching HK$6.3 billion in 2020. This represents a significant increase from the previous year.

The company's revenue growth can be attributed to its diversified business operations, including travel services and hotel management. This diversification has helped to reduce its reliance on a single revenue stream.

The company's financial performance is also supported by its solid balance sheet, with a net cash position of HK$1.4 billion as of 2020. This provides a stable foundation for future growth and investment.

Sales by Activity

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Sales by Activity played a significant role in the financial performance of China Travel International Investment Hong Kong Limited. The company's revenue from tourist attractions and related operations increased from $1.29B in 2020 to $3.01B in 2021.

In 2022, this segment saw a decline to $2.37B, but it bounced back to $2.3B in 2023 and $2.35B in 2024. On the other hand, passenger transportation operations experienced a significant drop from $91.63M in 2020 to $51.88M in 2022.

Hotel operations, however, showed steady growth, increasing from $335M in 2020 to $821M in 2024. Travel document and related operations also saw fluctuations, with a high of $476M in 2023, followed by a decline to $344M in 2024.

Corporate and others remained relatively stable, ranging from $12.93M in 2020 to $36.11M in 2023. Elimination of inter-segment revenue was consistently negative, ranging from -$12M in 2020 to -$3.96M in 2024.

Sales by Geography

China Travel International Investment Hong Kong Limited's sales have been steadily increasing over the years, with a notable boost in 2021.

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The company's sales in Mainland China (including Macau) have been the highest, reaching 3.23B in 2021, a significant increase from 1.49B in 2020.

Hong Kong has also seen a substantial growth in sales, jumping from 405M in 2020 to 2.01B in 2024.

Overseas sales, on the other hand, have been declining, from 73.18M in 2020 to - in 2022 and 2023.

Here's a breakdown of the company's sales by geography:

Leadership and Governance

China Travel International Investment Hong Kong has a strong leadership team in place. The company is led by Gang Feng, who serves as the Chief Executive Officer (CEO) and is 51 years old.

The company's Executive Committee is headed by Gang Feng, who has been in the role since November 8, 2022. The Corporate Secretary, Siu Chung Lai, does not have an age listed.

The Board of Directors is composed of six members, with Qiang Wu serving as the Chairman. He is 53 years old and has been in the role since November 8, 2022.

Here is a list of the Board of Directors members and their ages:

  • Qiang Wu, Chairman, 53 years old
  • Da Wei Song, Director, 69 years old
  • Wai Hung Tsang, Director, 66 years old
  • Zhi Shi Fan, Director, 54 years old
  • Peng Yu Li, Director, 46 years old
  • Gang Feng, Director, 51 years old

Executive Committee

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The Executive Committee plays a crucial role in the leadership and governance of China Travel International Investment Hong Kong Limited.

Gang Feng serves as the CEO, a position he took on November 8, 2022, at the age of 51.

Siu Chung Lai is the Corporate Secretary, though his age and the exact date of his appointment are not specified.

Board of Directors Composition

The Board of Directors for China Travel International Investment Hong Kong Limited is made up of seven members, with Qiang Wu serving as the Chairman since November 2022.

Qiang Wu, the Chairman, is 53 years old and has been in the role since 2022-11-08.

Da Wei Song, a Director/Board Member, is 69 years old and has been a member since August 2019.

The average age of the Board of Directors is 55.5 years, with ages ranging from 46 to 69.

The majority of the Board members, five out of seven, were appointed in November 2022.

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Here's a breakdown of the Board composition:

Three new members, Xuan Fang, Jiang Zheng, and Jian Nong Qian, are set to join the Board in 2025, with their appointments taking effect on March 25, July 21, and August 19 respectively.

Shareholders and Ownership

China Travel International Investment Hong Kong Limited is owned by shareholders.

The company's ownership structure is tailored to specific country editions, catering to the needs of investors in different regions.

China Travel International Investment Hong Kong Limited has a unique ownership profile, with a focus on financial news and data.

Filters

When navigating the complexities of shareholder data, having the right tools at your disposal can make all the difference. All financial news and data can be tailored to specific country editions, making it easier to focus on the information that matters most.

Having access to financial news and data from a specific country can be incredibly valuable, especially when trying to understand the nuances of a particular market. This can be particularly useful when analyzing the financial performance of a company that operates in multiple countries.

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For instance, if you're interested in the financial health of a company based in Japan, being able to access financial news and data specific to the Japanese market can provide a more accurate picture of its performance. This can help you make more informed decisions when it comes to investing or making business decisions.

Shareholders:

Shareholders play a crucial role in a company's success, and understanding who they are can give you a better insight into a company's ownership structure.

China Travel International Investment Hong Kong Limited has a specific shareholder, China Travel International Investment Hong Kong Limited. This information is tailored for country-specific editions.

In some cases, shareholders may hold a significant amount of power in a company, but the exact extent of their influence can vary greatly.

Aktie

The Aktie, or stock, of China Travel International Investment Hong Kong Ltd is a publicly traded security. The company's stock has a market capitalization of 1.01 billion EUR.

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The stock is listed on the Hong Kong Exchanges (HKEx) under the ticker symbol 00308. The company's shares are denominated in Hong Kong dollars (HKD).

China Travel International Investment Hong Kong Ltd has a total of 5.54 billion shares outstanding. The company's stock is categorized as a common stock, denoted as Stammaktien.

Here is a list of key details about the company's stock:

Investors can find more information about the company's stock on the HKEx website, including news and announcements.

Maggie Morar

Senior Assigning Editor

Maggie Morar is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With a background in business and finance, she has developed a unique expertise in covering investor relations news and updates for prominent companies. Her extensive experience has taken her through a wide range of industries, from telecommunications to media and retail.

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