China Eastern Airlines Corporation Limited

China Eastern Airlines Corporation Limited

CHEAF
China Eastern Airlines Corporation LimitedUS flagOther OTC
0.45
USD
- -
- -
12.83BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.47
7.09
7.44
7.21
7.05
8.06
7.94
3.58
4
2.45
5.14
5.94
9.43
5.42
Basic EPS, GAAP
0.2
0.27
0.36
0.33
0.44
0.19
0.21
-0.72
-0.73
-1.98
-0.37
-0.19
-0.11
-0.12
Free Cash Flow per Basic Share
-0.71
-1.08
-0.74
-1.03
-0.36
-0.28
1.41
-0.37
-0.3
-0.87
0.36
0.94
1.16
-0.65
Dividend per Share
0.14
0.16
0.24
0.29
0.31
0.36
0.36
0.38
0.31
0.28
0.24
0.23
0.28
0.19
Book Value per Share
0.82
1.04
1.42
1.68
1.99
2.04
2.23
1.3
0.7
-1.16
-1.36
-1.57
-2.53
-1.48
Tangible Book Value per Share
1.27
1.42
2.08
2.83
3.22
3.29
3.92
2.81
2.57
1
1.33
1.32
1.7
1.11
Basic Weighted Avg Shares
11,790
12,656
12,614
13,661
14,436
14,258
15,214
16,378
16,796
18,867
22,135
22,242
14,845
24,875
Sales/Revenue/Turnover
88,109
89,746
93,844
98,560
101,721
114,930
120,860
58,639
67,127
46,305
113,788
132,120
139,941
134,743
Operating Margin (%)
-1.59
1.96
7.96
7.13
7.1
7.13
7.77
-23.69
-21.73
-68.25
-1.92
0.59
1.7
0.89
Depreciation Expense
8,223
9,180
10,467
12,144
13,557
14,834
21,541
21,678
22,099
21,115
24,289
25,920
26,923
- -
Net Income, GAAP
2,358
3,417
4,541
4,508
6,352
2,709
3,195
-11,835
-12,214
-37,356
-8,190
-4,226
-1,633
-2,889
Effective Tax Rate (%)
5.71
13.91
11
23.7
20.88
23.95
19.04
- -
- -
- -
- -
- -
812.41
- -
Profit Margin (%)
2.68
3.81
4.84
4.57
6.24
2.36
2.64
-20.18
-18.2
-80.67
-7.2
-3.2
-1.17
-2.14
Working Capital
-40,439
-42,884
-51,306
-52,191
-61,462
-62,697
-58,620
-77,310
-57,981
-78,503
-80,466
-94,900
-98,255
-95,134
LT Debt
27,315
30,513
28,498
27,890
24,711
120,644
121,289
112,923
132,918
136,326
122,769
109,450
116,089
114,783
Total Equity
26,320
29,487
37,651
50,096
57,549
57,594
70,397
56,912
54,910
30,436
41,323
41,409
38,848
39,776
Return on Invested Capital (%)
-1.81
1.75
6.94
5.4
5.1
3.73
3.56
- -
- -
- -
- -
- -
-7.7
- -
Return on Capital (%)
7.07
7.11
7.64
7.97
9.85
3.8
3.88
- -
- -
- -
- -
- -
-21.79
- -
Return on Common Equity (%)
30.07
29.89
29.2
22.06
24.61
9.38
10.14
-42.85
-73.96
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
69,004
73,112
61,266
LT Borrowings
53,598
49,103
55,456
LT Finance Leases
55,852
62,638
59,327
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22,291
22,291
22,291
Market Capitalization
48,326
62,296
64,616

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
19,103
22,627
21,214
Cash, Cash Equivalents & STI
4,234
6,748
3,835
Accounts Receivable, Net
1,890
3,178
3,051
Inventories
1,680
1,860
1,988
Total Current Liabilities
114,003
120,265
116,348
Payables & Accruals
- -
- -
- -
ST Debt
69,004
73,112
61,266
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.28%
-3.66%
-6.18%
Free Cash Flow
-58.97%
41.22%
-18.25%
Net Income, GAAP
-44.84%
4.24%
-61.36%
Sales/Revenue/Turnover
12.61%
30.25%
5.92%
Total Cash Common Dividend
4.17%
-7.38%
-19.79%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33,189
31,010
38,386
29,535
132,120
2025
33,406
33,416
33,527
- -
139,941
2026
37,060
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
- -
- -
- -
-0.19
2025
-0.04
- -
- -
- -
-0.11
2026
0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
- -
- -
- -
0.23
2025
0.04
- -
- -
- -
0.28
2026
0.03
- -
- -
- -
- -

Company Description

APIChat
CEO
Qimin Zhou
Full Time Employees
85,168
Sector
Industrials
Industry
Airlines, Airports & Air Services
Address
36 Hongxiang 3rd Road Shanghai People's Republic of China
IPO Date
Sep 14, 2009
Website
ceair.com
Business
China Eastern Airlines Corporation Limited operates as a leading airline company headquartered in Shanghai, China, with key hubs at Shanghai Pudong, Shanghai Hongqiao, Beijing, Kunming, and Xi'an airports. Founded in 1957 and restructured as China Eastern Airlines Corporation Limited in 1988, the company engages primarily in passenger air transportation, cargo and mail delivery, and ancillary aviation services. Its core product portfolio includes scheduled passenger flights both domestically and internationally, air cargo and mail services, ground handling, air catering, flight training, aircraft maintenance, and specialized services such as business aviation, e-commerce platform operations, and airline ticketing. The company also offers integrated travel-related services incorporating accommodations, visa processing, car rentals, insurance, and multi-modal transport solutions like air-rail and air-bus connections, facilitated by digital innovations including mobile applications and WeChat mini-programs. China Eastern operates a large fleet of more than 775 aircraft and serves a broad market spanning China, Hong Kong, Macau, Taiwan, and global destinations with a significant international route network crossing six continents. In recent strategic developments, China Eastern Airlines has launched major international expansion initiatives, including over 23 new long-haul international routes connecting to 21 Belt and Road Initiative countries and expanding its global presence to 36 international destinations, making it the first Chinese airline with services on six continents. In 2024 and 2025, the airline introduced new direct intercontinental routes from secondary hubs such as Hangzhou and Jinan to Sydney, and increased frequencies on key routes like Shanghai to London Heathrow and Sydney. It also unveiled the China Pass Card and the Suzhou Pass Co-Branded Card, innovation-driven travel cards integrated with e-CNY technology, enhancing customer convenience with benefits like in-flight Wi-Fi and seamless payment solutions. Operational enhancements include the roll-out of 52 self-service kiosks and automated bag drop facilities at Shanghai Pudong Airport to expedite check-in and baggage handling. Strategically, the airline has forged a joint venture with Etihad Airways to boost UAE-China connectivity and diversified into real estate with a significant equity stake in Shanghai's New International Building Co. Furthermore, China Eastern has initiated share repurchase programs and fleet modernization efforts as the global launch customer of the C919 aircraft, aiming to improve capital efficiency and reduce operational costs while solidifying its position in both regional and global aviation markets. China Eastern Airlines is a publicly traded company listed on the Shanghai, Hong Kong, and New York stock exchanges and employs over 85,000 staff. Its business segments cover airline transportation operations, supporting logistics and ground activities, and related diversified services across its extensive network in China and internationally. These moves reflect the company's commitment to leveraging digital transformation, global partnerships, and asset diversification to foster sustainable growth and enhance its industry competitiveness in the evolving aviation sector.

Company News

APIChat
  • China Eastern Airlines Upgrades Air-Rail Service with AI-Powered One-Stop Booking, Multi-Modal Travel Recommendations

  • China Eastern Airlines Launches First Direct Route Linking Vienna with Northwest China

  • China Eastern Airlines to Boost Capacity for 2026 Summer–Autumn Flight Season with 823 Passenger Aircraft, over 3,200 Daily Flights

  • China Eastern Airlines Announces Comprehensive Upgrade to International Route Network in 2026

  • Celebrating in the Sky: China Eastern Airlines to Offer Free In-Flight Wi-Fi as Part of Chinese New Year Connectivity Upgrade

  • China Eastern Airlines Unveils Top International and Regional Destinations as Chinese New Year Travel Peaks

  • China Eastern Airlines to Roll Out Over 100 Million Yuan in Vouchers for Global Travelers Visiting China

  • Short Interest in China Eastern Airlines Co. Limited (OTCMKTS:CHEAF) Increases By 32.6%

  • China Eastern Airlines Launches New 'Shanghai-Auckland-Buenos Aires' Route, Building 'Air Bridge' on Pacific

  • China Eastern Airlines Launches New 'Shanghai–Auckland–Buenos Aires' Route, Building 'Air Bridge' on Pacific

  • China Eastern Airlines Launches World's Longest Flight Featuring Museum-Themed Aircraft

  • China Eastern Airlines (OTCMKTS:CHEAF) Shares Up 5.7% – What’s Next?

  • China Eastern Airlines Unveils 2025 Winter-Spring Schedule, Set to Launch the World's Longest Route

  • China Eastern Airlines and Shanghai Airport Authority Unveil Key Achievements at 2025 North Bund International Aviation Forum

  • 2025 North Bund Forum: China Eastern Airlines & AVINEX Announce Major Achievements

  • 2025 North Bund Forum Releases Achievements: China Eastern Airlines Elevates Shanghai's Global Aviation Hub Status

  • China Eastern Airlines' China-Chile Fresh Express Marks 10th Anniversary

  • China Eastern Airlines Signs $2.8 Billion in Procurement Deals at 7th CIIE

  • China Eastern Airlines joins 2024 ESG Global Leaders Conference

  • China Eastern Airlines Joins 2024 ESG Global Leaders Conference