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Air China
(LSE:0753)
Air China (0753) vs. iShares MSCI Hong Kong ETF (EWH)
Air China Business Overview & Revenue Model
Air China Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 166.66B | 166.70B | 141.10B | 52.90B | 74.53B | 69.50B | Gross Profit |
| 7.38B | 8.51B | 7.09B | -29.91B | -11.31B | -6.13B | EBIT |
| -4.00B | -3.43B | -3.32B | -46.08B | -16.20B | -13.04B | EBITDA |
| 4.06B | 33.90B | 32.40B | -18.16B | 4.61B | 7.05B | Net Income Common Stockholders |
| -606.84M | -237.31M | -1.05B | -45.18B | -18.83B | -15.82B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 23.45B | 22.51B | 15.63B | 11.44B | 16.71B | 6.58B | Total Assets |
| 345.16B | 345.77B | 335.30B | 295.01B | 298.42B | 284.07B | Total Debt |
| 172.20B | 162.86B | 175.39B | 214.18B | 182.87B | 159.63B | Net Debt |
| 148.89B | 140.39B | 159.76B | 202.74B | 166.16B | 153.06B | Total Liabilities |
| 306.83B | 304.82B | 300.01B | 273.45B | 232.55B | 200.26B | Stockholders Equity |
| 43.02B | 45.15B | 37.23B | 23.61B | 61.40B | 77.58B |
| Cash Flow | Free Cash Flow | ||||
| -5.04B | 14.44B | 12.65B | -24.40B | 6.81B | -10.63B | Operating Cash Flow |
| 4.85B | 34.55B | 35.42B | -16.76B | 12.89B | 1.41B | Investing Cash Flow |
| -19.57B | -17.86B | -15.25B | -6.87B | -4.45B | -15.87B | Financing Cash Flow |
| -14.00B | -10.56B | -15.85B | 18.10B | 1.71B | 11.46B |
Air China Technical Analysis
Air China Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | $4.96B | 18.87 | -17.01% | 7.29% | 13.61% | -24.47% | |
52 Neutral | HK$140.36B | ― | -1.68% | ― | 16.27% | 64.19% | |
| $8.68B | 6.51 | 17.64% | 10.11% | ― | ― | ||
54 Neutral | HK$91.65B | ― | -9.88% | ― | 14.25% | ― | |
50 Neutral | HK$107.82B | ― | -4.92% | ― | 7.08% | ― |
Air China Corporate Events
Air China Limited has announced its upcoming Annual General Meeting (AGM) scheduled for June 24, 2025, where several key resolutions will be discussed. These include the approval of the 2024 work reports, financial statements, profit distribution, and the appointment of auditors. Additionally, the company plans to issue debt financing instruments to support its financial strategies, which may impact its market positioning and stakeholder interests.
The most recent analyst rating on (HK:0753) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.
Air China has announced the renewal of its CNACG Framework Agreement for a three-year term from January 2026 to December 2028, subject to approval by Independent Shareholders at the AGM. This renewal indicates the continuation of connected transactions with CNACG, which are subject to various Hong Kong Listing Rules requirements. The renewal is expected to maintain Air China’s operational collaborations and financial arrangements with CNACG, impacting its leasing and service agreements.
The most recent analyst rating on (HK:0753) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.
Air China Limited has announced proposed amendments to its Articles of Association and the abolishment of the Supervisory Committee, with the Audit and Risk Management Committee assuming its functions. These changes aim to enhance shareholder rights, adjust the powers of the shareholders’ meeting and the Board, and update the company’s governance structure in line with the latest regulations. The proposed amendments are subject to approval at the 2024 annual general meeting, reflecting the company’s efforts to streamline operations and strengthen minority shareholder protections.
The most recent analyst rating on (HK:0753) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.
Air China Limited has established a Nomination Committee as part of its Board of Directors to enhance its corporate governance structure. This committee is responsible for advising on the selection criteria and procedures for directors and senior management, ensuring board diversity, and making recommendations on appointments and succession planning. The committee’s formation is expected to strengthen the company’s strategic alignment and operational efficiency.
The most recent analyst rating on (HK:0753) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.
Air China Limited reported a significant increase in passenger traffic and capacity for April 2025, with notable growth in international routes. The company also expanded its cargo operations and introduced new flight routes, enhancing its operational footprint and potentially strengthening its market position.
The most recent analyst rating on (HK:0753) stock is a Buy with a HK$5.90 price target. To see the full list of analyst forecasts on Air China stock, see the HK:0753 Stock Forecast page.
Air China Limited has announced the postponement of its Annual General Meeting (AGM), originally scheduled for May 28, 2025, to a later date in June 2025. Consequently, the previously set book closure period and record date for the AGM have been canceled, with new dates to be announced. This postponement may affect stakeholders awaiting resolutions and decisions typically addressed during the AGM.
Air China Limited has released its first quarterly report for 2025, showing a slight decrease in revenue by 0.11% compared to the same period last year, totaling RMB 40,023,324. The company reported a net loss attributable to shareholders of RMB 2,043,993, marking a 22.07% increase in losses from the previous year. Additionally, net cash flows from operating activities decreased by 11.33%. These financial results indicate challenges in improving profitability and cash flow, impacting the company’s financial health and market position.
In March 2025, Air China reported a year-on-year increase in passenger traffic and capacity, with notable growth in international and regional routes, although domestic routes saw a decline. The company also expanded its flight offerings with new routes and adjusted its fleet by introducing a new aircraft and retiring an older model.
Air China Limited has announced that its board of directors will convene on April 29, 2025, to review and approve the company’s first quarterly financial results for the period ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and market perceptions.
Air China Limited announced that its controlling shareholder, China National Aviation Holding Corporation Limited (CNAHC), along with its subsidiary, has committed not to reduce their shareholdings in the company for 18 months. This decision reflects their confidence in the company’s long-term prospects and is expected to support the stable development of Air China, benefiting all shareholders, particularly minority investors.
Air China reported its 2024 annual financial results, revealing a revenue of RMB166,699 million but a net loss of RMB233 million attributable to equity shareholders. The company decided not to distribute profits for the year. Despite an increase in revenue compared to 2023, the airline faced higher operating expenses, notably in jet fuel and employee compensation costs, contributing to the loss. The financial results highlight ongoing challenges in the aviation industry, impacting Air China’s profitability and strategic decisions.
Air China Limited announced a provision for asset impairment totaling RMB198 million for the year 2024, following an assessment of expected credit losses and impairment tests on various assets. This decision, approved by the board of directors, aims to present a fair view of the company’s financial position and operating results. The provisions include impairments for fixed assets, inventory write-downs, and credit impairments across several categories, reflecting the company’s adherence to accounting standards and its proactive approach to financial management.
Air China Limited has announced a proposed change of auditors, with plans to appoint KPMG Huazhen LLP as its domestic and internal control auditor and KPMG as its international auditor for 2025. This decision follows a procurement process and is subject to shareholder approval at the 2024 annual general meeting. The change is not expected to affect the audit fees significantly, and there were no disagreements between Air China and the outgoing auditors, Deloitte.
Air China Limited reported a mixed performance in its February 2025 operating data, with a decline in overall passenger traffic but growth in international routes. The company saw a year-on-year decrease in passenger capacity and traffic, particularly on domestic and regional routes, while international routes experienced increases. The passenger load factor slightly decreased overall, with variations across different route categories. In contrast, cargo operations showed positive growth, with increases in both capacity and traffic, and a higher cargo load factor. The fleet size remained unchanged at 934 aircraft by the end of February 2025.