Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
104.37B | 94.48B | 51.04B | 45.59B | 46.93B | Gross Profit |
32.58B | 20.70B | 4.42B | 836.00M | -5.55B | EBIT |
13.93B | 15.13B | 244.00M | -3.17B | -9.33B | EBITDA |
21.45B | 20.47B | 10.24B | 9.21B | -3.74B | Net Income Common Stockholders |
9.89B | 9.79B | -6.55B | -5.53B | -21.65B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
10.53B | 15.53B | 18.28B | 19.28B | 19.34B | Total Assets |
171.24B | 174.12B | 180.91B | 196.63B | 204.57B | Total Debt |
68.47B | 68.29B | 77.63B | 90.38B | 93.13B | Net Debt |
63.03B | 60.40B | 70.29B | 81.81B | 86.96B | Total Liabilities |
118.74B | 114.08B | 117.56B | 124.90B | 131.31B | Stockholders Equity |
52.50B | 60.03B | 63.35B | 71.72B | 73.26B |
Cash Flow | Free Cash Flow | |||
14.33B | 19.61B | 15.20B | 6.56B | -19.03B | Operating Cash Flow |
23.54B | 26.41B | 18.93B | 8.84B | -13.62B | Investing Cash Flow |
-6.08B | -2.67B | -3.86B | 493.00M | -12.43B | Financing Cash Flow |
-19.83B | -23.18B | -16.24B | -6.93B | 23.31B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | HK$85.72B | 4.26 | 21.08% | 11.96% | 27.79% | 87.52% | |
73 Outperform | $67.61B | 7.04 | 17.64% | 7.11% | 10.46% | 5.94% | |
68 Neutral | $85.68B | 22.56 | 1.64% | 4.98% | -13.56% | -84.68% | |
66 Neutral | $4.49B | 12.34 | 5.40% | 248.65% | 4.13% | -12.33% | |
54 Neutral | HK$90.78B | ― | -9.88% | ― | 14.25% | ― | |
52 Neutral | HK$143.19B | ― | -1.68% | ― | 16.27% | 64.19% | |
50 Neutral | HK$107.00B | ― | -4.92% | ― | 7.08% | ― |
Cathay Pacific Airways and Air China have announced a New Framework Agreement to continue and expand their collaborative transactions beyond 2025. This agreement, effective from May 2025, includes a broader scope to cover each party’s 30%-controlled corporations, facilitating increased collaboration and operational efficiency. The agreement encompasses various services such as interline arrangements, code sharing, joint operations, and more, aiming to enhance the partnership between the two airlines and support their business growth.
The most recent analyst rating on (HK:0293) stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Cathay Pacific Airways stock, see the HK:0293 Stock Forecast page.
Cathay Pacific Airways reported a significant increase in passenger numbers for April 2025, with a 36.3% rise compared to April 2024. The company set a new post-pandemic record by carrying over 115,000 passengers on a single day. Cathay Pacific is expanding its network by launching flights to new destinations, aiming to reach 100 passenger destinations by mid-year. The company also noted positive developments in cargo operations due to recent tariff announcements between China and the United States, which may stabilize the market.
The most recent analyst rating on (HK:0293) stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Cathay Pacific Airways stock, see the HK:0293 Stock Forecast page.
Cathay Pacific Airways Limited held its Annual General Meeting on May 14, 2025, where all proposed resolutions were passed with significant shareholder support. Key resolutions included the re-election and election of directors, the re-appointment of auditors, and granting mandates to directors for share buybacks and issuance. This successful AGM reflects strong shareholder confidence and positions the company for continued strategic operations and governance.
The most recent analyst rating on (HK:0293) stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Cathay Pacific Airways stock, see the HK:0293 Stock Forecast page.
Cathay Pacific Airways Limited has announced a change in its registered office location to 31st Floor, One Pacific Place, 88 Queensway, Hong Kong, effective from May 16, 2025. This move may reflect strategic administrative adjustments as the company continues to position itself within the competitive aviation market, potentially impacting its operational logistics and stakeholder relations.
Cathay Pacific Airways released its March 2025 traffic figures, highlighting a 19.8% increase in passenger numbers compared to March 2024, and a 25.5% rise in Available Seat Kilometres. The company is expanding its network with new destinations and resuming services, despite facing challenges such as trade tariffs affecting cargo operations. The demand for premium cabins remained strong, driven by major events in Hong Kong.
Cathay Pacific Airways Limited has announced its annual general meeting for 2025, scheduled to be held on May 14th in Hong Kong. The meeting will address key agenda items including the election or re-election of directors, re-appointment of auditors, and consideration of ordinary resolutions related to share buy-backs and the issuance of additional shares. These resolutions, if approved, could impact the company’s financial strategies and shareholder value, reflecting its ongoing efforts to optimize capital structure and enhance market competitiveness.
Cathay Pacific Airways Limited reported strong traffic figures for February 2025, achieving a new post-pandemic record by carrying over 111,000 passengers in a single day, driven by the Lunar New Year travel peak. The company is expanding its global network, aiming to exceed 100 passenger destinations this year, with new routes to Hyderabad, Urumqi, and several other cities. Cathay Pacific has also been recognized for its achievements in cargo and sustainability, receiving awards for Cargo Operator of the Year and Eco-Airline of the Year. The company experienced a 14.3% increase in passengers compared to February 2024, with a 25.4% increase in the first two months of 2025. While leisure travel demand softened post-Lunar New Year, business travel demand increased, contributing to a robust load factor in premium cabins.
Cathay Pacific Airways has announced an adjustment to the conversion price of its HK$6,740,000,000 2.75% Guaranteed Convertible Bonds due 2026. Following the declaration of a second interim dividend for the financial year 2024, the conversion price will be adjusted from HK$7.92 per share to HK$7.55 per share, effective April 4, 2025. This adjustment will increase the maximum number of shares issued upon full conversion of the outstanding bonds from 273,232,323 shares to 286,622,516 shares, potentially impacting shareholder value and market positioning.
Cathay Pacific Airways announced a second interim dividend of HKD 0.49 per share for the financial year ending December 31, 2024, with payment scheduled for May 8, 2025. This announcement reflects the company’s financial health and commitment to returning value to its shareholders, potentially impacting its market positioning and investor confidence positively.
Cathay Pacific Airways Limited announced its 2024 annual results, reporting a 10.5% increase in revenue to HK$104,371 million and a slight rise in profit attributable to shareholders by 1.0% to HK$9,888 million. The airline experienced growth in both passenger and cargo operations, with a notable increase in available seat kilometers and revenue passenger kilometers. Despite a decrease in profit margin and passenger yield, the company improved its aircraft utilization and reduced its total recordable injury frequency rate by 36.0%, indicating operational efficiencies. The announcement reflects the company’s ongoing recovery and strategic focus on expanding its market presence, although challenges remain in maintaining profitability and managing environmental impacts.