中国中免2025 中期报告

中國旅遊集團中免股份有限公司China Tourism Group Duty Free Corporation LimitedSTOCK CODE : 601888.SH1880.HK股份代號 INTERIM REPORT中 期 報 告2 0 2 5 目 錄 02 05 16 22 23 27 29 58 公司資料 2A8 97927 10816 471-4 11701-12 1E31 61 公司資料 H 183171712-1716 8353502-3503 A601888H1880 158F408 www.ctgdutyfree.com.cn A 188 管理層討論與分析 DimooIPIPAAAA601 200832820091015A60188820228 25H1880 20256 30 2025281.51275.31197.0378.28 +IP 管理層討論與分析 T3311937 T36++++ 3C2008040 MCMM8 IPCRM4,500 1. 2025202532.8520.6%3.1515.2% 202520253.3315.8%201997%1.591.3615.9%12.2%201986%118%3,805.330.2%201980%1,36453.9% 202552025320245%1,40020193%12%92%202523%201991%20255820253%5% 管理層討論與分析 2025412935++ 2. 20253,519.521.4%1,831.031.6%20251,181.388.49%1,390.724.05% 2025+20251-6167.69.2%248.226.2%6,754.023.0% Altagamma20252%-5% 3. 2025245,4585.0%0.45.4%0.82024202530.7%25.4%24.1%22.9%22.2%11.3%2.9% 2025 管理層討論與分析 20246 30312.659.96%20256 30281.51 20246307.456.85%20256306.94 2024630210.228.85%20256 30191.61 20246 30102.4312.23%202563089.90 20246 3052.178.11%202563047.94 2024630224.602025630144.70 202463046.4818.14%20256 3038.05 202463011.247.03%202563010.45 20246 3036.6720.10%20256 3029.30 202463090.604,145.81%20256303,846.70 20241231549.660.23%20256 30550.90 202463017.4011.21%20256 3015.45 2024123142.5536.90%20256 3058.25 20246309,790.409.92%20256308,819.20 管理層討論與分析 2024123184.1515.42%20256 3071.17 20256303.96202412314.70 H 20256 30333.2220241231347.73 202563035.702024123131.112.00 (1) (a)(b) 20256 30 202563036.37202412310.330.90% 2025 20256305% 1. 2025630 202563015.994.0611.975.3111.96 20256 3020246 30 管理層討論與分析 2. 4. 5. 3. 6. 其他資料 20256302025630 20256 30XVXV78352C3 2025630XV233365% *(L) (2)34.23% 2025630XV233365% 其他資料 H H18,012.019,295.65 (1)H18,012.0115,892.25H2,119.7620229 16(2)(3) C1 C3 其他資料 202563014,53259%41% 20256302025 2025523600998.SH 2025390619.413.35 202522620252 26 202532820253 28 20255292025529 13.51B(1) AI+AIAI + +3100%+ 獨立審閱報告 Ernst & Young27/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong ⭰㰟㛪姯⸒Ṳ⋀㈧榀㸖毩歁㵳勘䙮怺979噆⤑⏋✱ᷧ⺎27㧺 Tel曢婘: +852 2846 9888Faxₚ䜆: +852 2868 4432ey.com 23572025630343434 2410 34 20258 26 中期簡明綜合損益及其他綜合收益表 2025630 中期簡明綜合財務狀況表 2025630 中期簡明綜合權益變動表 2025630 中期簡明綜合現金流量表 2025630 中期簡明綜合財務資料附註 1. 2008328200910A601888H20228 251880 2. 2.1 20256 3034 20241231 2.2 20241231 21 21 中期簡明綜合財務資料附註 3. (i) (ii) 3. 202520246 30 3. (i)(ii)(i)(ii)(iii) 中期簡明綜合財務資料附註 4. 3 20256 3044,567,00020246 3016,709,000 10% 6. 中期簡明綜合財務資料附註 7. (i)25%202463025% (ii)16.5%202463016.5%12%20246 3012%20%20246 3020%30%202463030%17%20246 3017% 8.25%202520246 30 7. (iii)2022[2022]13202211202412 311,000,0003,000,00025%20% 2023[2023]620231 1202412 311,000,00025%20% [2023]1225%20%202712 31(a)3(b)300(c)50 (iv)202062320251 24[2020]31[2025]320201 1202712 3115%2025203515% 15% (v)30%60% 中期簡明綜合財務資料附註 8. 9. 202412 31 20256 301,196,543,000202412 311,215,764,00019 10. 10. (a) (b) 中期簡明綜合財務資料附註 10. (c) 3050 (d) 31025 20256 301,492,642,000202412 311,515,937,000 20256 301,599,176,000202412 311,625,316,00019 中期簡明綜合財務資料附註 12. 20256 301,196,474,00019 13. 13. (i) (ii)1.10%2.05%202412311.35%6 14. (i)10 2025630530,895,00019 15. 17. (i) 18. (i) 中期簡明綜合財務資料附註 18. (i) (ii) 19. (i)20256302,985,004,000202412 312,522,217,000LPR1.5%20241231LPR1.5%4,928,959,000202412313,252,993,0009101112142037 (ii)2025630250,000,000227,988,00020241231250,000,000231,510,000HIBOR1.5%2024 123120248HIBOR1.7%20248HIBOR1.5% (iii)202563040,000,00036,478,0002024123140,000,00037,042,000HIBOR2.0%20241231HIBOR2.0%127,400,000112,713,000202412 31127,400,000114,465,0000.73%202412310.73% (iv)20256 30200,000,000202412 31200,000,0002.80%20241231202443.65%202442.80% 中期簡明綜合財務資料附註 20. (i) 202520246 30 (ii) 21. 22. (i) 20252024630 (a)(b)(c)(d)(e)(f) 中期簡明綜合財務資料附註 22. (i) (ii) 202520246 30 22. (ii) (a)(b)(c)(d) (iii) 202520246 30 (a) 中期簡明綜合財務資料附註 22. (iii) 23. 13 23. (i) 20256 30202412 31 (ii) 2025 中期簡明綜合財務資料附註 23. (ii) 20256 30202412 31 20256 3039,200,000202412 3139,200,000202412 31 (iii) 20256 30202412 31 24. 25. 20258 26 釋義 釋義 AH AH 202520256 30 % 中國旅遊集團中免股份有限公司ChinaTourism Group Duty Free Corporation Limited (A joint stock company incorporated in the People’s Republic of China with limited liability)（一家於中華人民共和國註冊成立的股份有限公司）