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BOC Aviation
(2588)
BOC Aviation (2588) vs. iShares MSCI Hong Kong ETF (EWH)
BOC Aviation Business Overview & Revenue Model
BOC Aviation Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.27B | 2.20B | 2.07B | 1.92B | 2.04B | 1.96B |
| Gross Profit | 664.39M | 591.94M | 548.89M | 1.92B | 696.06M | 1.96B |
| EBITDA | 1.39B | 1.37B | 1.35B | 1.11B | 1.16B | 1.19B |
| Net Income | 805.09M | 923.59M | 763.90M | 20.06M | 561.32M | 509.84M |
Balance Sheet | ||||||
| Total Assets | 25.57B | 25.05B | 24.17B | 22.07B | 23.88B | 23.57B |
| Cash, Cash Equivalents and Short-Term Investments | 533.23M | 671.33M | 391.82M | 391.91M | 487.61M | 408.25M |
| Total Debt | 16.89B | 16.59B | 16.53B | 15.14B | 16.72B | 16.71B |
| Total Liabilities | 19.07B | 18.69B | 18.42B | 16.87B | 18.61B | 18.79B |
| Stockholders Equity | 6.50B | 6.36B | 5.75B | 5.20B | 5.27B | 4.78B |
Cash Flow | ||||||
| Free Cash Flow | -934.73M | 94.42M | -1.36B | 800.56M | -319.98M | -2.81B |
| Operating Cash Flow | 2.67B | 2.57B | 2.28B | 2.01B | 1.80B | 1.83B |
| Investing Cash Flow | -2.23B | -1.29B | -2.80B | 193.04M | -1.06B | -4.25B |
| Financing Cash Flow | -437.71M | -1.00B | 518.72M | -2.29B | -671.68M | 2.58B |
BOC Aviation Technical Analysis
BOC Aviation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | €12.96B | 6.86 | 13.91% | 7.37% | 0.17% | -12.66% | |
73 Outperform | $48.62B | 7.75 | 12.82% | 4.63% | 1.58% | -16.66% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | HK$3.34B | 12.47 | 6.30% | 6.59% | -7.56% | ― |
BOC Aviation Corporate Events
BOC Aviation Limited announced changes to its Board of Directors and committee memberships effective 30 October 2025. The new board structure includes a mix of executive, non-executive, and independent non-executive directors, with Mr. Zhuo Chengwen as Chairman and Mr. Steven Matthew Townend as CEO and Managing Director. These changes are likely to impact the company’s strategic direction and governance, potentially influencing its market positioning and stakeholder relationships.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$79.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited announced a significant leadership change with the resignation of Ms. Zhang Xiaolu and the appointment of Mr. Zhuo Chengwen as the new Chairman of the Board, effective October 30, 2025. This transition is expected to influence the company’s strategic direction, given Mr. Zhuo’s extensive experience in financial management and risk assessment within the Bank of China Group. Stakeholders may anticipate potential shifts in company policies and strategies under Mr. Zhuo’s leadership, which could impact BOC Aviation’s market positioning and operational focus.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$79.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited reported its operational data for the third quarter ending September 30, 2025, highlighting a total portfolio of 812 aircraft and engines. The company executed 34 transactions, including commitments to purchase three aircraft, delivery of 11 aircraft, and sales of 10 owned aircraft. Additionally, BOC Aviation raised US$500 million through a bond issuance with its tightest bond spread in history, indicating strong financial positioning. The company’s owned aircraft utilization was maintained at 100%, reflecting operational efficiency and robust demand.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$88.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited announced the exchange rate for the payment of its interim dividend for the first half of 2025. The dividend, initially declared in US dollars, will be paid in Hong Kong dollars at a rate of HK$1.1483 per share, based on the exchange rate as of 26 September 2025. This announcement reflects the company’s financial strategy and commitment to shareholder returns.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$88.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited announced an interim cash dividend of USD 0.1476 per share for the six months ending June 30, 2025, with the payment to be made in Hong Kong dollars at an exchange rate of USD 1 to HKD 7.7795. This dividend reflects the company’s ongoing commitment to returning value to shareholders and may impact its financial performance and stakeholder relations positively.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$88.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited has announced changes to its Board of Directors, effective from September 10, 2025. The new board structure includes Ms. Zhang Xiaolu as Chairman and Non-executive Director, with Mr. Steven Matthew Townend serving as the CEO and Managing Director. The announcement reflects a strategic alignment in leadership roles, potentially impacting the company’s governance and strategic direction.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$78.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited announced the resignation of Ms. Li Ke from her roles as Non-executive Director, and member of both the remuneration and nomination committees, effective 10 September 2025. The resignation is due to work arrangements, and Ms. Li Ke has confirmed no disagreements with the Board. The company expressed gratitude for her contributions, and this change may impact the company’s governance structure.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$78.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited is a leading global aircraft leasing company headquartered in Asia, specializing in long-term US dollar-denominated leases with a diverse portfolio of airlines worldwide. In its latest earnings report for the first half of 2025, BOC Aviation reported total revenues of $1.242 billion, marking a 6% increase from the previous year. However, net profit after tax saw a decline of 26% to $342 million, attributed to non-recurring write-backs in the previous year. The company declared an interim dividend of $0.1476 per share, a decrease from the prior year’s $0.1988 per share. Key highlights from the report include a record operating cash flow of $1 billion, a strong liquidity position with $533 million in cash, and $5.5 billion in undrawn credit facilities. The company also placed its largest aircraft order in history, adding 120 new aircraft to its order book. Looking ahead, BOC Aviation remains optimistic about future growth, supported by strong demand for aircraft and a robust order book that extends through 2032.
BOC Aviation Limited has announced an interim cash dividend of USD 0.1476 per share for the six months ending 30 June 2025. The dividend will be paid on 13 October 2025, with the record date set for 26 September 2025. This announcement reflects the company’s ongoing financial health and commitment to delivering shareholder value, reinforcing its stable position in the aviation leasing industry.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$82.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited reported its interim financial results for the first half of 2025, showing a 6% increase in total revenues to US$1,242 million compared to the previous year. However, net profit after tax fell by 26% to US$342 million, primarily due to the absence of non-recurring write-backs related to aircraft in Russia, which had boosted profits in 2024. The company declared a reduced interim dividend of US$0.1476 per share, reflecting the profit decline. Despite this, BOC Aviation maintained strong liquidity with US$533 million in cash and significant undrawn credit facilities, alongside a record operating cash flow of US$1.0 billion.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$82.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited announced that its board of directors will meet on August 21, 2025, to review and approve the company’s unaudited consolidated financial statements for the first half of 2025. The board will also consider declaring an interim dividend and address other business matters, which could impact the company’s financial strategy and shareholder returns.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$82.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited announced changes to its Board of Directors and committee memberships effective from August 7, 2025. These changes reflect a strategic realignment within the company, potentially impacting its governance and operational oversight, which could influence its market positioning and stakeholder relations.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$82.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.
BOC Aviation Limited announced a leadership change within its Strategy and Budget Committee, effective August 7, 2025. Ms. Zhang Xiaolu, the current Chairman of the Board and a Non-executive Director, will assume the role of chairman of the committee, succeeding Mr. Jin Hongju, who will continue as a committee member. This strategic leadership shift is poised to influence the company’s future planning and budgetary strategies, potentially impacting its operational focus and stakeholder interests.
The most recent analyst rating on (HK:2588) stock is a Buy with a HK$82.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.