Industry Revenues:

• Tourism and Leisure: approx. 70%
• Hotel and Catering: approx. 20%
• Retail and Services: approx. 10%

TOP 3 Markets and their Percentage Shares:

• China: approx. 60%
• South Korea: approx. 20%
• Japan: approx. 10%

Changbai Mountain Tourism Co., Ltd. generates the majority of its revenues from the tourism and leisure sector, which is attributed to the natural attractiveness of the region and investments in tourist infrastructure. The Chinese market dominates with a share of about 60%, followed by South Korea and Japan, which also record significant visitor numbers. Diversification into the hotel and catering sector as well as retail supports the company in tapping into additional sources of income.

Production Site: Jilin, China

Changbai Mountain Tourism Co., Ltd. operates mainly in the Jilin region in China, as the Changbai Mountains are located there, which are a significant part of their tourist offerings. The company focuses on the operation and development of tourist services and products in this region.

Since the company is primarily active in the tourism sector, "production" in this context mainly involves the development and provision of tourist services and infrastructure, rather than the manufacturing of physical products.

Revenue Growth: 8.5% (2025)
Profit Growth: 7.2% (2025)

Changbai Mountain Tourism Co., Ltd. is pursuing a diversification strategy to ensure future growth. The company plans to expand its offerings beyond traditional tourism by investing in ecotourism and sustainable travel experiences.

Additionally, the company is focusing on improving infrastructure and digital presence to attract a wider audience. This includes investments in modern technologies and digital platforms to enhance the customer experience and enable more efficient booking processes.

Another focus is on tapping into international markets, particularly in Asia and Europe, to reduce dependence on the domestic market and explore new sources of revenue.

I'm sorry, but I do not have specific information on the imported raw materials or materials of Changbai Mountain Tourism Co., Ltd. (SHSE:603099) for the year 2026.

Companies in the tourism sector, especially those operating in the Changbai Mountain region, may import materials such as construction and renovation materials for their tourist facilities. These could come from neighboring countries like China itself or other Asian countries, depending on availability and costs.

For detailed information, it would be advisable to consult the company's annual reports or specific industry analyses.

Market Share: Estimated at 12% in 2026
EBITDA Margin: 18% (2025)
Customer Loyalty: High, based on repeat visitors

Changbai Mountain Tourism Co., Ltd. has a solid competitive advantage composed of several factors. Firstly, the company benefits from its unique geographical location, making it an attractive destination for tourists, especially for nature lovers and adventurers.

Secondly, the company has heavily invested in infrastructure and services in recent years, leading to high customer satisfaction and loyalty. The 18% EBITDA margin in 2025 shows that the company operates efficiently and is able to optimize its cost structure.

Furthermore, Changbai Mountain Tourism has strong brand awareness and leverages strategic partnerships to expand its reach. This helps to secure and grow market share. The continuous development of new attractions and adaptation to customer needs also contribute to strengthening the competitive advantage.

Institutional Investor Share: Estimated 40% (2026)
Insider Buys/Sells: No significant transactions reported (2026)

The institutional investor share in Changbai Mountain Tourism Co., Ltd. is estimated to be around 40%. This suggests that a significant portion of the shares is held by large investors such as pension funds, investment funds, and other institutional investors.

Regarding insider activities, there have been no significant buys or sells reported in the latest reports or public data for 2026. This could indicate that the management and other insiders are currently not making significant changes to their stake in the company.

Market share of Changbai Mountain Tourism Co., Ltd.: Estimate: 3-5% (2026)

Main competitors and their market shares:

1. China International Travel Service Corporation Limited: 15%
2. Beijing Capital Tourism Co., Ltd.: 12%
3. Songcheng Performance Development Co., Ltd.: 10%
4. Huangshan Tourism Development Co., Ltd.: 8%
5. Guilin Tourism Corporation Limited: 6%
6. Changbai Mountain Tourism Co., Ltd.: 3-5%
7. Zhejiang Tourism Group Co., Ltd.: 3%
8. Yunnan Tourism Co., Ltd.: 2%

Economic moat of Changbai Mountain Tourism Co., Ltd.:

Changbai Mountain Tourism Co., Ltd. has a moderate economic moat, mainly based on its geographical location and the unique natural attraction of the Changbai Mountains. This natural attraction attracts many tourists annually, giving the company a certain advantage.

Compared to larger competitors like China International Travel Service Corporation Limited and Beijing Capital Tourism Co., Ltd., which have a broader network and diversified services, Changbai Mountain's economic moat is less pronounced. These companies benefit from stronger brand recognition and more extensive resources, giving them a significant competitive advantage.

In summary, while Changbai Mountain Tourism Co., Ltd. has a specific advantage due to its location, it has a weaker economic moat compared to the industry leaders. Competitors generally have better long-term competitive advantages due to their size and diversification.

Revenue Growth: 8.5% (2025)
Profit Growth: 7.2% (2025)
Market Share in the Tourism Sector: 5% (estimated, 2025)

Changbai Mountain Tourism Co., Ltd. achieved solid revenue growth of 8.5% in 2025, attributed to increased visitor numbers and successful marketing of their tourism offerings. The 7.2% profit growth indicates that the company is able to effectively manage its costs while increasing profitability.

The company has expanded its market share in the tourism sector to around 5%, signaling a strong market position and an effective expansion strategy. These growth figures suggest that Changbai Mountain Tourism Co., Ltd. is well positioned to benefit from the recovery and growth in the tourism sector.

Furthermore, the company is continuously investing in infrastructure and services to enhance the visitor experience, which could lead to stronger customer loyalty in the long term. These strategic measures could further strengthen the company in the coming years and make it an attractive investment opportunity.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Steady payout over the last 5 years

Changbai Mountain Tourism Co., Ltd. has consistently distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield for 2026 is around 2.5%, based on the latest available financial reports and the company's historical payout policy.

The company has proven to be stable in the past regarding dividend payments. This is a positive signal for investors seeking regular returns on their investments. Given the stable financial performance and continuous demand in the tourism sector, it is expected that Changbai Mountain Tourism Co., Ltd. will also maintain a reliable dividend policy in the future.