Tibet Tourism Co., Ltd. Financial Update
Tibet Tourism Co., Ltd., a company listed on the Shanghai Stock Exchange, operates within the Consumer Discretionary sector, specifically in the Hotels, Restaurants & Leisure industry. The company provides travel agent services, manages and operates hotels and restaurants in Tibet, and offers advertising agency services. As of July 21, 2025, the company’s close price was 14.47 CNY, matching its 52-week high. The 52-week low was recorded at 9.62 CNY on September 17, 2024. The market capitalization stands at 2,694,080,506 CNY, with a Price Earnings Ratio of 98.8695.
Recent Stock Performance
On July 23, 2025, Tibet Tourism Co., Ltd. (stock code: 600749) experienced a significant surge, closing at a 10.02% increase to 15.92 CNY. The stock hit the upper limit at 9:25:02 AM and opened the upper limit four times, with the longest duration of 3 hours, 58 minutes, and 36 seconds. The highest single order volume was 7.3742 million, accounting for 1.52% of the actual circulating shares and 5.88% of the day’s trading volume.
Factors Driving the Surge
The stock’s rise can be attributed to several factors:
Tourism Operations and Earnings Growth: The company’s core business involves operating tourism attractions, including the renowned Yarlung Zangbo Grand Canyon and other national 5A-level scenic spots. The company is also advancing the “One Mountain Two Lakes” 5A creation project in the Ali region.
Earnings Forecast: On July 15, 2025, the company announced an earnings forecast for the mid-year, predicting a net profit of 2 million CNY, a 177.60% increase from the previous year. This growth is primarily due to the sale of an 80% stake in Jiangxi Xiyi Tourism Development Co., Ltd., and an increase in inbound tourist numbers.
Inbound Tourism Growth: According to a June 3, 2025, institutional research report, the company’s Ali region has seen a doubling in inbound tourist numbers, supported by favorable inbound tourism policies. The company’s subsidiary, Shengdi International Travel Agency, holds inbound and outbound tourism service qualifications, enhancing its international channel collaborations.
Western Development: The company’s headquarters is located in Lhasa, Tibet, within the Western Development concept area, which may provide additional strategic advantages.
Corporate Announcements
On July 22, 2025, Tibet Tourism Co., Ltd. issued a statement confirming that there were no undisclosed major information issues following an internal review and inquiries with major shareholders and controllers. The company’s operations and market environment remain stable.
Additionally, the company announced the election of employee representatives to the board of directors and issued a notice regarding abnormal stock trading fluctuations.
Market Outlook
Given the recent surge to the upper limit, there is potential for continued upward momentum in the stock’s performance. Investors are advised to monitor the company’s strategic developments and market conditions closely.
Disclaimer: This content is generated based on publicly available information and should not be considered investment advice. For official announcements, refer to the company’s disclosures.