Air China Limited (753:HK)

Price Target: HK$12.50 Rating: Buy

Quick Scorecard

  • Earnings Outlook

    0%
  • Digitalization Progress

    0%
  • Pricing Power

    0%
  • Balance Sheet Strength

    0%
  • Defensiveness against Competitors

    0%
  • Defensiveness against Higher Fuel Prices

    0%
  • Defensiveness against Forex Risks

    0%
  • Management Quality

    0%
  • Information Disclosure

    0%
  • Stock Trading Liquidity

    0%

Air China Financial Summary & Valuations

Year to December2019 (Forecast)*2018 (Forecast)*201720162015
Net profit (Rmb millions)84985429724468097063
Net profit margin5.6%3.9%5.8%5.9%6.7%
EPS (Rmb)0.590.370.540.550.57
EPS growth/decline57%-31%-2%-4%84%
DPS (Rmb)0.120.080.110.110.11
Dividend yield1.6%1.0%1.9%2.3%1.8%
ROE9.1%6.2%8.4%9.9%11.8%
P/E (x)13.020.411.28.410.6
Price/Book (x)1.141.231.020.881.32
*Forecast by Crucial Perspective

Air China Operating Metrics (Jan-May 2018)

  • Hub Base: Beijing
  • Alliance: Star Alliance
  • Group Aircraft Fleet Size: 661 (As at End May)
  • Passenger Traffic Growth (Decline): 11.4%
  • Cargo Traffic Growth (Decline): 9.4%
  • Passenger Load Factor: 80.6%
  • Passenger Load Factor Change: -0.6ppt
  • Cargo Load Factor: 53.6%
  • Cargo Load Factor Change: 0.0ppt

Latest Analysis (Air China Ltd)