1. People's Republic of China Stocks

  2. •

    Industrials

  3. •

    Airlines, Airports & Air Services
Air China Limited

Air China Limited

0753.HK
Air China LimitedHK flagHong Kong Stock Exchange
4.14
HKD
+0.15
- -
84.84BMarket Cap
Air China Limited
0753.HK
(Hong Kong Stock Exchange)

Recent

price

4.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.96
7.93
8.13
7.94
8.52
8.84
9.09
9.05
9.88
9.99
5.06
5.42
3.85
9.44
7.02
10.65
7.41
Revenue per Share
1.05
0.61
0.4
0.27
0.31
0.55
0.55
0.54
0.53
0.47
-1.05
-1.21
-2.81
-0.07
-0.01
-0.11
-0.1
Basic EPS, GAAP
0.2
-0.07
-0.23
-0.4
0.25
1.96
0.81
0.65
1.38
1.85
-0.77
0.5
-1.78
0.85
0.61
1.52
-1.05
Free Cash Flow per Basic Share
0.14
0.29
0.35
0.29
0.32
0.31
0.38
0.38
0.32
0.46
0.44
0.42
0.48
0.5
0.28
0.35
0.23
Dividend per Share
2.19
2.45
2.63
2.79
3.01
3.44
3.76
3.95
3.78
4.12
2.95
1.73
-1.08
-0.96
-0.56
-0.93
-0.78
Book Value per Share
3.22
3.72
4.05
4.39
4.51
4.98
5.74
6.71
6.47
7.08
5.77
4.45
1.18
1.7
1.3
1.83
1.81
Tangible Book Value per Share
11,627
12,257
12,275
12,291
12,314
12,316
12,389
13,408
13,842
13,635
13,723
13,754
13,744
14,948
23,730
16,094
17,141
Basic Weighted Avg Shares
80,963
97,139
99,841
97,628
104,888
108,929
112,677
121,363
136,774
136,181
69,504
74,532
52,898
141,100
166,699
171,485
126,929
Sales/Revenue/Turnover
12.98
8.62
7.28
4.51
5.83
13.58
13.8
10.51
9.78
10.82
-15.73
-22.6
-67.57
0.27
-0.25
-0.16
-1.17
Operating Margin (%)
8,483
9,436
10,302
11,019
11,409
13,053
13,509
13,623
14,527
21,297
20,423
20,946
21,245
27,121
29,109
30,723
- -
Depreciation Expense
12,208
7,477
4,910
3,319
3,817
6,774
6,814
7,240
7,336
6,409
-14,409
-16,642
-38,619
-1,046
-237
-1,770
-1,688
Net Income, GAAP
17.11
21.97
22.9
19.93
15.51
20.16
24.03
24.77
17.65
20.35
- -
- -
- -
- -
- -
- -
5.48
Effective Tax Rate (%)
15.08
7.7
4.92
3.4
3.64
6.22
6.05
5.97
5.36
4.71
-20.73
-22.33
-73.01
-0.74
-0.14
-1.03
-1.33
Profit Margin (%)
-29,645
-36,406
-34,670
-44,219
-39,705
-30,686
-44,524
-50,224
-54,164
-52,813
-60,658
-61,019
-70,237
-77,983
-96,923
-82,489
-88,973
Working Capital
56,985
58,590
67,731
68,239
80,263
86,791
74,129
59,907
96,910
103,185
107,738
129,467
154,959
154,029
142,971
154,310
145,805
LT Debt
41,699
49,502
53,654
57,943
60,240
66,595
76,474
95,454
94,467
101,377
83,814
65,865
21,560
35,288
40,945
39,232
40,734
Total Equity
8.06
4.87
3.82
2.17
2.99
6.8
6.62
5.08
5.18
4.95
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
13.93
7.12
4.83
3.58
3.79
5.52
5.28
5.11
5.03
4.77
- -
- -
- -
- -
- -
- -
3.58
Return on Capital (%)
63.29
26.98
15.76
9.97
10.69
17.06
15.34
14.55
13.93
11.82
-29.83
-51.73
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
63,637
71,286
LT Borrowings
- -
92,858
86,431
LT Finance Leases
- -
61,452
59,375
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
17,448
17,448
Market Capitalization
90,677
108,211
68,930

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
34,803
36,055
Cash, Cash Equivalents & STI
- -
16,011
16,116
Accounts Receivable, Net
- -
3,480
4,260
Inventories
- -
4,810
5,222
Total Current Liabilities
- -
117,292
125,028
Payables & Accruals
- -
- -
- -
ST Debt
- -
63,637
71,286
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.54%
-2.64%
-4.19%
Free Cash Flow
-75.34%
-138.07%
69.54%
Net Income, GAAP
28.97%
123.8%
646.04%
Sales/Revenue/Turnover
14.04%
33.19%
2.87%
Total Cash Common Dividend
5.28%
-0.58%
-13.57%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40,066
39,455
48,630
38,549
166,699
2025
40,023
40,734
- -
41,658
171,485
2026
44,536
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.11
- -
- -
- -
-0.01
2025
-0.12
- -
- -
- -
-0.11
2026
0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
- -
- -
- -
0.28
2025
0.09
- -
- -
- -
0.35
2026
0.07
- -
- -
- -
- -
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Business
Air China Limited (0753.HK), China's flag carrier and a leading airline, provides air passenger, air cargo, and related services including aircraft engineering, airport ground handling, cabin services, airline catering, air ticketing, human resources, aircraft overhaul and maintenance, and financial services; it operates through Airline Operations and Other Operations segments and engages in import/export trading activities. Founded in 1988 and headquartered in Beijing, China, the company serves over 200 destinations in more than 40 countries and regions across Asia, Europe, North America, Australia, the Middle East, and other international markets from key hubs including Beijing Capital International Airport and Chengdu Tianfu International Airport, with a fleet of approximately 400 aircraft encompassing widebody and narrowbody models such as Boeing 737 and Airbus A320; it targets leisure and business travelers, cargo shippers handling express, dangerous goods, and temperature-sensitive shipments, and aviation partners requiring maintenance and ground support. As a subsidiary of China National Aviation Corporation Limited (CNAHC), Air China maintains affiliations with carriers like Shenzhen Airlines, Shandong Airlines, Beijing Airlines, Dalian Airlines, Air Macau, and associates including Cathay Pacific Airways and Tibet Airlines, while participating in the Star Alliance network. Recent developments include deepened collaboration across the Air China family of airlines with 32 key tasks in passenger transportation, route network integration, and interline operations that boosted interline flight segments by 216% in the first half of 2024; Air China Cargo's listing on the Shenzhen Stock Exchange main board in late 2024 raising over RMB3.03 billion; a planned A-share issuance to specific investors approved for an extraordinary general meeting on December 16, 2025, to support strategic growth; and network expansions along the Belt and Road initiative with new international routes, product innovations, and brand enhancements ranking it 25th in China's 2024 World Brand Lab list.