Air China Cargo Co Ltd

Air China Cargo Co Ltd

001391.SZ
Air China Cargo Co LtdCN flagShenzhen Stock Exchange
4.15
CNY
-0.13
- -
50.67BMarket Cap
Air China Cargo Co Ltd
001391.SZ
(Shenzhen Stock Exchange)

Recent

price

4.15

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
2.15
1.42
1.9
1.86
1.95
Revenue per Share
- -
- -
- -
0.29
0.11
0.18
0.21
0.22
Basic EPS, GAAP
- -
- -
- -
0.08
- -
-0.22
-0.02
-0.3
Free Cash Flow per Basic Share
- -
- -
- -
0.23
- -
- -
0.06
- -
Dividend per Share
- -
- -
- -
1.21
1.32
1.56
1.52
1.52
Book Value per Share
- -
- -
- -
1.7
1.83
2.23
2.15
2.17
Tangible Book Value per Share
- -
- -
- -
10,718
10,486
10,851
12,308
11,576
Basic Weighted Avg Shares
12,265
18,251
24,305
23,076
14,919
20,584
22,878
22,550
Sales/Revenue/Turnover
5.29
23.07
23.61
17.71
10.01
12.37
15.06
14.76
Operating Margin (%)
870
899
1,009
998
1,120
1,269
1,499
690
Depreciation Expense
472
3,289
4,342
3,108
1,153
1,953
2,585
2,527
Net Income, GAAP
8.84
24.38
25.11
25.64
26.85
24.82
24.91
24.98
Effective Tax Rate (%)
3.85
18.02
17.87
13.47
7.73
9.49
11.3
11.21
Profit Margin (%)
-651
810
9,396
6,329
5,748
6,450
5,721
5,704
Working Capital
- -
2,496
1,842
119
225
86
76
75
LT Debt
6,964
8,814
18,067
18,665
19,670
24,610
26,849
25,506
Total Equity
- -
32.6
26.27
15.36
5.62
8.5
9.93
10.76
Return on Invested Capital (%)
- -
35.34
29.71
20.1
8.61
12.46
14.37
15.48
Return on Capital (%)
- -
42.61
35.67
21.59
8.6
12.68
14.5
15.73
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
200
176
112
LT Borrowings
- -
- -
- -
LT Finance Leases
86
87
75
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12,011
12,209
12,209
Market Capitalization
118,852
80,456
77,910

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
9,366
9,461
9,511
Cash, Cash Equivalents & STI
5,998
5,672
5,475
Accounts Receivable, Net
2,819
3,060
3,106
Inventories
5
8
6
Total Current Liabilities
2,916
2,835
3,807
Payables & Accruals
- -
- -
- -
ST Debt
200
176
112
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
29.58%
9.1%
Free Cash Flow
- -
-3,216.43%
-88.65%
Net Income, GAAP
- -
8.47%
32.33%
Sales/Revenue/Turnover
- -
8.38%
11.15%
Total Cash Common Dividend
- -
24,933.53%
22,242.02%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,014
4,955
5,260
6,355
20,584
2025
5,182
5,753
6,242
- -
22,878
2026
5,220
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
- -
- -
0.18
2025
0.05
- -
- -
- -
0.21
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.06
2026
- -
- -
- -
- -
- -
Business
Air China Cargo Co Ltd (001391.SZ) provides air cargo transportation and logistics services principally in China and internationally. The company offers all-cargo aircraft transport utilizing its fleet of nine B777F and three B747-400 freighters, passenger belly cargo capacity from Air China, air cargo ground terminal services including acceptance, weighing, storage, buildup and breakdown, delivery, transit, documentation, EDI handling, aircraft loading and unloading, ramp transportation; contract logistics, customized logistics, freight forwarding, e-commerce logistics, supply chain solutions; cold storage, freezer storage, fresh-keeping warehouses; and space bidding services. It operates specialized products such as express, safe, fresh, fine, special, rare, standard and mail cargo services covering standard freight, temperature-controlled cargo for perishables including fruits and seafood, pharmaceuticals, live animal transport, dangerous goods, secure and valuable cargo, customized solutions and commerce logistics across more than 26 product types in five main categories. Air China Cargo maintains a global network spanning 16 cargo aircraft routes to 19 cities in 10 countries and one region, supplemented by over 1,500 ground truck routes in Europe, North America, Japan, South Korea, Australia, the Middle East and Asia-Pacific, with main hubs in Beijing, Shanghai, Chengdu, Chongqing, Zhengzhou, Hangzhou and international gateways including Chicago, Madrid, Liege, Frankfurt, Amsterdam, Los Angeles, New York, Tokyo, Osaka and Taipei. Founded in 2003 and headquartered at 29 Tianzhu Road, Tianzhu Airport Economic Development Zone, Shunyi District, Beijing, the company is an all-cargo subsidiary of Air China within China National Aviation Holding, with a 2011 joint venture alongside Cathay Pacific that preserved its branding; underwent mixed-ownership reform in 2017-2018 via capital transfers and increases to China Aviation Capital Holdings reaching 10.69 billion yuan registered capital by 2021; integrated cargo affiliates like China Air Express in 2019; transitioned to a joint stock company in 2022 with indefinite operations; added strategic investors including Cainiao, Shenzhen International and others in 2020-2021; and in October 2025 announced a purchase agreement for six Airbus A350F freighters with options for four more, deliveries slated for 2029-2031 to expand long-haul capacity and modernize its fleet.