证券之星消息，9月5日旅游及景区板块较上一交易日上涨0.25%，西域旅游领涨。当日上证指数报收于 3812.51，上涨1.24%。深证成指报收于12590.56，上涨3.89%。旅游及景区板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300859 | 西域旅游 | 47.35 | 6.98% | 22.11万 | 10.07亿 | | 000524 | 岭南控股 | 16.48 | 4.77% | 93.92万 | 15.37亿 | | 002707 | 众信旅游 | 8.56 | 4.65% | 85.50万 | 7.11亿 | | 300144 | 宋城演艺 | 9.10 | 2.25% | 107.75万 | 9.65 (Z | | 000558 | 天府文旅 | 6.71 | 2.13% | 238.96万 | 15.83亿 | | 000430 | ST张家界 | 7.70 | 1.72% | 6.93万 | 5301.41万 | | 600138 | 中青旅 ...

证券之星消息，9月4日旅游及景区板块较上一交易日上涨3.76%，岭南控股领涨。当日上证指数报收于 3765.88，下跌1.25%。深证成指报收于12118.7，下跌2.83%。旅游及景区板块个股涨跌见下表： 从资金流向上来看，当日旅游及景区板块主力资金净流入1.86亿元，游资资金净流出1.27亿元，散户资金 净流出5890.3万元。旅游及景区板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000524 岭南控股 | | 1.15 Z | 12.79% | -4487.60万 | -4.98% | -7045.59万 | -7.82% | | 300144 | 宋城演艺 | 7406.09万 | 9.40% | -4292.67万 | -5.45% | -3113.42万 | -3.95% | | 300859 西域旅游 | | 5220.69万 | 5.31% | 912.75万 | 0.93 ...

Investment Rating - The report maintains a rating of "Accumulate" for the company [1][5]. Core Views - The company has shown a positive growth trend in both revenue and profit for the first half of 2025, with a year-on-year revenue increase of 8.52% and a net profit increase of 24.39% [3][8]. - The company is expected to continue its growth trajectory across multiple business segments, despite a slowdown in the recovery of travel agencies [5][8]. Financial Summary - For the first half of 2025, the company achieved a revenue of RMB 2.09 billion and a net profit of RMB 50 million, with significant growth in various business areas [8]. - The company’s revenue and profit forecasts for 2025-2027 are adjusted to RMB 5.08 billion, RMB 5.88 billion, and RMB 6.67 billion respectively, with corresponding net profits of RMB 163 million, RMB 196 million, and RMB 216 million [7][10]. - The company’s earnings per share (EPS) estimates for 2025-2027 are revised to RMB 0.24, RMB 0.29, and RMB 0.32, reflecting a price-to-earnings (P/E) ratio of 57.3, 47.6, and 43.1 respectively [5][10]. Business Performance - The company’s various business segments, including travel agency operations and hotel management, continue to show stable growth, with travel agency revenue accounting for 73.47% of total revenue in H1 2025 [8]. - The gross profit margin for H1 2025 was reported at 18.61%, slightly down from 19.66% in H1 2024, primarily due to the growth of lower-margin travel agency services [8]. - The company has successfully opened its first city duty-free store in Guangzhou, which is expected to enhance its travel agency business through increased customer flow [8].

9月4日，中青旅盘中上涨2.08%，截至10:27，报10.32元/股，成交1.35亿元，换手率1.82%，总市值74.70 亿元。 资金流向方面，主力资金净流入527.76万元，特大单买入416.63万元，占比3.10%，卖出834.67万元，占 比6.21%；大单买入3714.08万元，占比27.61%，卖出2768.29万元，占比20.58%。 分红方面，中青旅A股上市后累计派现13.12亿元。近三年，累计派现1.12亿元。 机构持仓方面，截止2025年6月30日，中青旅十大流通股东中，富国中证旅游主题ETF（159766）位居 第四大流通股东，持股750.20万股，相比上期减少133.99万股。香港中央结算有限公司位居第五大流通 股东，持股734.07万股，相比上期减少2157.56万股。南方中证1000ETF（512100）位居第七大流通股 东，持股533.78万股，相比上期增加99.26万股。华夏中证1000ETF（159845）位居第九大流通股东，持 股315.00万股，为新进股东。 责任编辑：小浪快报 资料显示，中青旅控股股份有限公司位于北京市东城区东直门南大街5号中青旅大厦，成立日期1997 ...

旅游市场持续升温，2025年上半年，国内居民出游人次32.85亿，同比增长20.6%；国内居民出游花费 3.15万亿元，同比增长15.2%。 营收分化趋势凸显 但在市场复苏的浪潮中，上市旅企的半年"成绩单"却暗藏隐忧。 2025年上半年，Wind旅游及景区板块中，23家旅企营业收入合计175.5亿元，同比增长4.8%；实现归母 净利润11.67亿元，同比下降4.25%。这种营收上扬与利润下滑的鲜明反差，背后折射出旅企在成本控 制、产品结构、市场竞争等多方面面临的挑战。 从上半年财报数据来看，旅游企业在收入层面呈现出明显的分化态势。 其中，中青旅以48.66亿元的营收位居榜首，同比增幅达11.55%。目前，该公司主要投资运营管理乌 镇、古北水镇景区，同时，还布局旅行社以及酒店运营管理等业务。 然而，在上半年，两大核心景区面临双重挑战，受天气原因及周边市场竞争加剧影响，乌镇景区与古北 水镇景区游客接待数量均出现下滑，直接导致景区营收同步承压。其中，乌镇景区实现营业收入7.42亿 元，同比下降13.56%；古北水镇景区实现营业收入2.05亿元，同比下降25.29%。 值得庆幸的是，中青旅的旅行社业务以及策略性投资业 ...

证券之星消息，9月3日旅游及景区板块较上一交易日下跌0.15%，天府文旅领跌。当日上证指数报收于 3813.56，下跌1.16%。深证成指报收于12472.0，下跌0.65%。旅游及景区板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 660E09 | 长白山 | 51.50 | 6.12% | 20.46万 | 10.34亿 | | 600749 | 西藏旅游 | 26.36 | 3.21% | 45.22万 | 11.69亿 | | 000796 | 凯撒旋 | 6.05 | 2.54% | 230.15万 | 14.07亿 | | 600593 | 大连圣亚 | 36.49 | 2.53% | 12.70万 | 4.61亿 | | 000524 | 岭南控股 | 14.30 | 0.99% | 41.50万 | 5.94亿 | | 600706 | 曲江文旅 | 11.33 | 0.53% | 23.33万 | 2.63亿 | | 002159 | 三特索道 | 15. ...

Market Overview - On September 2, the tourism and scenic area sector experienced a slight decline of 0.07% compared to the previous trading day, with Xiyu Tourism leading the drop [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Stock Performance - Notable gainers in the tourism sector included: - Tibet Tourism (600749) with a closing price of 25.54, up 4.63% [1] - Xiangyuan Cultural Tourism (600576) at 8.68, up 4.33% [1] - Lingnan Holdings (000524) at 14.16, up 1.80% [1] - Conversely, Xiyu Tourism (300859) saw a significant decline of 4.88%, closing at 43.12 [2] - Other notable decliners included: - Tianfu Cultural Tourism (000558) down 1.79% [2] - Caesar Rotating Industry (000796) down 1.34% [2] Capital Flow - The tourism and scenic area sector experienced a net outflow of 415 million yuan from major funds, while retail investors saw a net inflow of 399 million yuan [2] - The table of capital flow indicates that major funds had a negative net flow in several companies, including: - Tibet Tourism with a net inflow of 51.99 million yuan [3] - Xiangyuan Cultural Tourism with a net inflow of 41.67 million yuan [3] - Notably, ST Zhangjiajie (000430) had a negative net flow of 194.70 million yuan from major funds [3]

证券之星消息，9月1日旅游及景区板块较上一交易日上涨2.27%，长白山领涨。当日上证指数报收于 3875.53，上涨0.46%。深证成指报收于12828.95，上涨1.05%。旅游及景区板块个股涨跌见下表： 从资金流向上来看，当日旅游及景区板块主力资金净流出2700.29万元，游资资金净流出4151.83万元，散 户资金净流入6852.12万元。旅游及景区板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 000558 天府文旅 | | 6135.65万 | 4.16% | 1557.26万 | 1.06% | -7692.91万 | -5.22% | | 000888 峨眉山 A | | 3745.56万 | 9.37% | -2135.21万 | -5.34% | -1610.35万 | -4.03% | | 300144 | 宋城演艺 | 3551.17万 | 6.30% | -2912.7 ...

在旅游及景区行业个股中，众信旅游股东户数高于行业平均水平，截至6月30日，旅游及景区行业平均 股东户数为4.42万户。户均持股市值方面，旅游及景区行业A股上市公司户均持股市值为13.79万元，众 信旅游低于行业平均水平。 根据统计，众信旅游2025年3月31日至2025年6月30日，主力资金净流出7.37亿元，游资资金净流入 5242.86万元，散户资金净流入6.85亿元。期间龙虎榜该股共上榜1次，机构专用席位上榜1次，深股通专 用席位上榜1次。 证券之星消息，近日众信旅游披露，截至2025年6月30日公司股东户数为7.12万户，较3月31日增加 8079.0户，增幅为12.79%。户均持股数量由上期的1.56万股减少至1.38万股，户均持股市值为10.76万 元。 | | | 统计截止日 区间股价涨跌幅 股东户数 增减 增减比例 户均持股市值（元） | | | 户均持股数(股) | | --- | --- | --- | --- | --- | --- | | 2025-06-30 | -0.26% | 71226 8079 | 12.79% | 10.76万 | 1.38万 | | 2025-03-31 ...

Core Insights - The tourism and scenic area industry has shown a mixed performance in the first half of 2025, with 23 listed companies reporting a total revenue of 17.55 billion yuan, a year-on-year increase of 4.8%, but a net profit of 1.167 billion yuan, down 4.25% [2][3] - The divergence in performance among companies is attributed to differences in tourism resources, location conditions, operational models, and capital operation capabilities, reflecting a deepening marketization process in the tourism industry [2][3] Revenue Performance - Among the listed companies, China Youth Travel Service (中青旅) led with a revenue of 4.866 billion yuan, while Tibet Tourism (西藏旅游) reported less than 100 million yuan [3][4] - Ten companies achieved positive revenue growth, with Tianfu Culture and Tourism (天府文旅) leading at an 86.75% increase, followed by Xiangyuan Culture and Tourism (祥源文旅) at 35.41% and Jiuhua Tourism (九华旅游) at 22.26% [3][4] Profitability Analysis - Seven companies, including Changbai Mountain (长白山) and Dalian Shengya (大连圣亚), reported losses, with Changbai Mountain transitioning from profit to loss due to extreme weather and rising costs [4][8] - Companies like Guilin Tourism (桂林旅游) and Tibet Tourism achieved profitability through non-recurring gains, with Guilin reporting a net profit of 8 million yuan, a 141.94% increase [4][5] Challenges Faced - Extreme weather and cost pressures were significant factors leading to losses for several companies, with Changbai Mountain and Dalian Shengya both citing decreased visitor numbers and increased operational costs [8][9] - Yunnan Tourism experienced a substantial revenue decline of 61.22%, primarily due to project delays and losses from its subsidiaries [10] Notable Performers - Xiangyuan Culture and Tourism was the only company to achieve over 30% growth in both revenue and net profit, with a revenue of 500 million yuan and a net profit of 92 million yuan [11] - ST Zhangjiajie (ST张家界) reported a revenue increase of 11.40% to 194 million yuan, with a significant reduction in net loss by 45.60% [12] Visitor Trends - Visitor numbers showed significant variation, with Jiuhua Mountain receiving approximately 5.65 million visitors, a year-on-year increase of 11.81%, while Emei Mountain and Lijiang saw declines in visitor numbers [13]