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0293 Stock Chart & Stats
HK$14.05
HK$0.24(1.67%)
At close: 4:00 PM EDT
HK$14.05
HK$0.24(1.67%)
Day’s Range― - ―
52-Week RangeHK$10.34 - HK$15.22
Previous CloseN/A
Volume9.18M
Average Volume (3M)6.04M
Market Cap
HK$90.67B
Enterprise ValueHK$128.71K
Total Cash (Recent Filing)HK$16.23B
Total Debt (Recent Filing)HK$63.49B
Price to Earnings (P/E)7.2
Beta0.24
Next Earnings
Mar 17, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield5.61%
Share Statistics
EPS (TTM)2.09
Shares Outstanding6,081,128,000
10 Day Avg. Volume4,665,298
30 Day Avg. Volume6,037,362
Financial Highlights & Ratios
PEG Ratio0.66
Price to Book (P/B)1.35
Price to Sales (P/S)0.70
P/FCF Ratio5.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$17.23Price Target Upside22.62% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)1.67
Revenue Forecast (FY)HK$135.16B
Bulls Say, Bears Say
Bulls Say
Cash GenerationCathay generated substantial operating (~25.8B) and free cash flow (~15.9B) in 2025, showing durable cash conversion ability. Strong cash generation supports fleet reinvestment, working capital needs, and gives the company flexibility to reduce debt or fund strategic initiatives through industry cycles.
Profitability MarginsSustained 2025 net (~9%) and EBIT (~12%) margins are robust for a full-service carrier, reflecting effective cost management and pricing power as demand recovers. These margins support healthy returns and provide a buffer to fund operations and strategic priorities in the medium term.
Diversified Network & CargoCathay's Hong Kong hub, combined passenger, dedicated cargo and logistics services, creates diversified revenue streams. Cargo and ancillary logistics reduce reliance on cyclic leisure travel, smoothing revenues across trade cycles and strengthening its international network positioning.
Bears Say
Elevated LeverageDebt roughly matching equity (debt-to-equity ~1.0) leaves leverage elevated for a cyclical airline. This reduces financial flexibility, increases interest expense sensitivity, and constrains the company’s ability to absorb demand shocks or invest without raising external capital.
Margin VolatilityA steep decline in gross margin (from ~31% to ~18%) highlights pronounced margin volatility. Such swings, driven by fuel, capacity and demand dynamics, make earnings less predictable and complicate long‑term planning and capital allocation in a structurally cyclical industry.
Weaker Cash ConversionFree cash flow covering only ~62% of net income indicates weaker cash conversion; working capital, capex or other cash uses are absorbing profits. This constrains capacity to deleverage, fund strategic projects, or return capital without drawing on liquidity or issuing debt in tougher periods.
Cathay Pacific Airways News
0293 FAQ
What was Cathay Pacific Airways Limited’s price range in the past 12 months?
Cathay Pacific Airways Limited lowest stock price was HK$10.34 and its highest was HK$15.22 in the past 12 months.
What is Cathay Pacific Airways Limited’s market cap?
Cathay Pacific Airways Limited’s market cap is HK$90.67B.
When is Cathay Pacific Airways Limited’s upcoming earnings report date?
Cathay Pacific Airways Limited’s upcoming earnings report date is Mar 17, 2027 which is in 218 days.
How were Cathay Pacific Airways Limited’s earnings last quarter?
Cathay Pacific Airways Limited released its earnings results on Aug 05, 2026. The company reported HK$0.995 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Cathay Pacific Airways Limited overvalued?
According to Wall Street analysts Cathay Pacific Airways Limited’s price is currently Undervalued.
Does Cathay Pacific Airways Limited pay dividends?
Cathay Pacific Airways Limited pays a Semiannually dividend of HK$0.64 which represents an annual dividend yield of 5.61%. See more information on Cathay Pacific Airways Limited dividends here
What is Cathay Pacific Airways Limited’s EPS estimate?
Cathay Pacific Airways Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Cathay Pacific Airways Limited have?
Cathay Pacific Airways Limited has 6,081,128,000 shares outstanding.
What happened to Cathay Pacific Airways Limited’s price movement after its last earnings report?
Cathay Pacific Airways Limited reported an EPS of HK$0.995 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.778%.
Which hedge fund is a major shareholder of Cathay Pacific Airways Limited?
Currently, no hedge funds are holding shares in HK:0293
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Cathay Pacific Airways Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
HK$17.23 (22.62% Upside)
HK$17.23 (22.62% Upside)
Blogger Sentiment
Bearish
HK:0293 Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.01%
12-Months-Change
Fundamentals
Return on Equity
5.61%
Trailing 12-Months
Asset Growth
3.18%
Trailing 12-Months
Company Description
Cathay Pacific Airways Limited
Cathay Pacific Airways Limited, together with its subsidiaries, offers international passenger and air cargo transportation services. The company provides airline operations, including catering, cargo terminal operations, ground handling services, and commercial laundry operations, as well as scheduled services. The company operates in the Chinese Mainland, Hong Kong, Taiwan, Japan, Korea, the Americas, the Southeast Asia and the Oceania, Europe, the South Asia, the Middle East, and Africa. As of 31st December 2025, it operates 237 aircraft and 103 new passenger and freighter aircraft. Cathay Pacific Airways Limited was founded in 1946 and is headquartered in Lantau Island, Hong Kong.
0293 Company Deck
0293 Earnings Call
Q2 2026
0:00 / 0:00
0293 Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
HK$17.23
▲(22.62% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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