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BOC Aviation
(OTC:2588)
BOC Aviation (2588) vs. iShares MSCI Hong Kong ETF (EWH)
BOC Aviation Business Overview & Revenue Model
BOC Aviation Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.20B | 2.07B | 1.92B | 2.04B | 1.96B |
| Gross Profit | 591.94M | 548.89M | 570.42M | 696.06M | 1.96B |
| EBITDA | 1.37B | 1.35B | 1.11B | 1.16B | 1.19B |
| Net Income | 923.59M | 763.90M | 20.06M | 561.32M | 509.84M |
Balance Sheet | |||||
| Total Assets | 25.05B | 24.17B | 22.07B | 23.88B | 23.57B |
| Cash, Cash Equivalents and Short-Term Investments | 671.33M | 391.82M | 408.29M | 487.61M | 408.25M |
| Total Debt | 16.59B | 16.53B | 15.14B | 16.72B | 16.71B |
| Total Liabilities | 18.69B | 18.42B | 16.87B | 18.61B | 18.79B |
| Stockholders Equity | 6.36B | 5.75B | 5.20B | 5.27B | 4.78B |
Cash Flow | |||||
| Free Cash Flow | 94.42M | -1.36B | 800.56M | -319.98M | -2.81B |
| Operating Cash Flow | 2.57B | 2.28B | 2.01B | 1.80B | 1.83B |
| Investing Cash Flow | -1.29B | -2.80B | 193.04M | -1.06B | -4.25B |
| Financing Cash Flow | -1.00B | 518.72M | -2.29B | -671.68M | 2.58B |
BOC Aviation Technical Analysis
BOC Aviation Peers Comparison
BOC Aviation Corporate Events
BOC Aviation Limited has announced the exchange rate for the payment of its final dividend for the financial year ending 31 December 2024. The dividend, declared at USD 0.267 per share, will be paid in Hong Kong dollars at an exchange rate of USD 1 to HKD 7.8475, resulting in a payment of HKD 2.0953 per share. The payment date is set for 20 June 2025, following the record date of 6 June 2025. This announcement provides clarity on the financial returns for shareholders and reflects the company’s commitment to delivering value.
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 the exchange rate for the payment of its final dividend for the year ended 31 December 2024. The dividend, initially declared in US dollars, will be paid in Hong Kong dollars at a conversion rate of 1 USD to 7.8475 HKD, resulting in a dividend of HK$2.0953 per share. This announcement reflects the company’s commitment to shareholder returns and may impact its financial operations and investor 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 significant transaction involving the purchase of nine Airbus A320NEO aircraft from Airbus S.A.S., with long-term leases to Aerovías del Continente Americano S.A. Avianca. This transaction, scheduled for delivery in 2027, enhances BOC Aviation’s portfolio and strengthens its position in the aircraft leasing industry, providing strategic growth opportunities and reinforcing its role as a Qualified Aircraft Lessor.
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 held its Annual General Meeting on May 29, 2025, where all proposed resolutions were passed by shareholders. Key resolutions included the adoption of financial statements for 2024, declaration of a final dividend, re-election of directors, and granting mandates for share repurchase and issuance. The approval of these resolutions reflects shareholder confidence in the company’s governance and strategic direction.
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 held an Extraordinary General Meeting on May 29, 2025, where shareholders approved several resolutions related to the renewal of loan framework agreements with BOC and BOCHK for the next two years. The resolutions, which received overwhelming support, are expected to facilitate continued financial transactions under these agreements, potentially impacting the company’s financial operations and stakeholder relations positively.
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 has announced a significant transaction involving the purchase of six Airbus A320NEO and three Airbus A321NEO aircraft from Airbus S.A.S., with long-term leases arranged with Gulf Air B.S.C. (C). This move, scheduled for delivery between 2025 and 2027, reinforces BOC Aviation’s position as a Qualified Aircraft Lessor and highlights its ongoing commitment to expanding its fleet and enhancing its market presence in the aircraft 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 announced the grant of restricted share units (RSUs) under its long-term incentive plan, covering the years 2022 to 2025. A total of 2,465,872 shares were allocated to key personnel, including the Chairman, Executive Director, subsidiary directors, and other employees. This move represents approximately 0.36% of the company’s issued share capital, with a market value of HK$152.4 million. The grants are part of the remuneration packages for senior management and are exempt from certain reporting and approval requirements, highlighting the company’s commitment to rewarding its leadership and aligning their interests with shareholders.
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 has announced an extraordinary general meeting scheduled for May 29, 2025, to consider the renewal of loan framework agreements with BOC and BOCHK for the next two years. These renewals, which include proposed annual caps for transactions, are significant for the company’s financial operations and strategic positioning in the aviation leasing market.
BOC Aviation Limited has announced its annual general meeting scheduled for May 29, 2025, in Hong Kong. The meeting will address several key business items, including the adoption of financial statements, declaration of a final dividend, re-election of directors, and the appointment of auditors. Additionally, the company seeks shareholder approval for a share buy-back program, allowing the purchase of up to 10% of its shares, which could impact its market positioning and shareholder value.
BOC Aviation Limited has announced the renewal of its Continuing Connected Transactions under the BOC Loan Framework Agreement and the BOCHK Loan Framework Agreement. These agreements, which govern secured loans and banking services with BOC and its subsidiary BOCHK, will automatically renew for two years ending December 2027, pending approval from Independent Shareholders. This renewal underscores the company’s ongoing financial strategy and its reliance on connected transactions with BOC, highlighting the importance of shareholder approval in maintaining compliance with Hong Kong’s Listing Rules.
BOC Aviation Limited reported a strong first quarter for 2025, with a record 346 aircraft commitments and a 100% aircraft utilization rate, indicating robust demand. The company executed 158 transactions, including commitments to purchase 125 aircraft, delivery of 11 aircraft, and raised $500 million through bonds, highlighting its strategic growth and financial stability.
BOC Aviation Limited has announced a major transaction involving the purchase of 70 Airbus A320NEO family aircraft, scheduled for delivery through 2032. This transaction, which is part of the company’s regular leasing activities, is expected to enhance its fleet and strengthen its position in the global aircraft leasing market.
BOC Aviation Limited has announced a major transaction involving the purchase of 50 Boeing 737-8 aircraft, scheduled for delivery through 2031. This transaction is part of the company’s ordinary business operations and is considered a Qualified Aircraft Leasing Activity, exempting it from certain regulatory requirements. The acquisition is expected to enhance BOC Aviation’s market position and operational capacity in the global aircraft leasing industry.