In this paper, we made an empirical analysis on China's listed tourism companies’ financial capability and operating performance. We used the SPSS software. We could learn the whole process from table 2 to table 5. This is the first time analyzing the relationship between financial capability and operating performance in tourism industry. The result shows that indicator of sales margin ratio has the most important relationship with operating performance, followed by the debt-to-asset ratio, inventory-turnover ratio and receivables-turnover ratio. The result is significant to the development of tourism industry in the future. China’s tourism companies should use the financial leverage moderately and improve the inventory-turnover ratio and receivables-turnover ratio constantly to make the company's operating performance reach to a new height.