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China Express Airlines Co., Ltd. Class A

China Express Airlines Co., Ltd. Class A

SSZSE:002928
5.76
CNY
+0.05
(+0.88%)
8.93BMarket Cap
Oct 27Next Earn
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
4.8
7.17
9.95
3.15
4.26
4.81
6
4.82
3.91
2.56
4.04
5.26
5.85
- -
Basic EPS, GAAP
0.55
0.69
1.34
0.43
0.46
0.28
0.56
0.64
-0.11
-1.91
-0.76
0.21
0.49
- -
Free Cash Flow per Basic Share
- -
0.7
1.71
0.22
-0.11
-0.99
-0.08
0.26
-0.88
-0.03
0.61
1.19
0.12
- -
Dividend per Share
0.05
0.1
0.27
0.02
0.07
0.14
0.17
0.17
0.19
0.16
0.16
0.16
0.16
0.13
Book Value per Share
0.74
1.43
2.5
0.98
1.42
2.36
3.09
3.9
3.57
3.17
2.42
2.63
3.02
3.05
Tangible Book Value per Share
0.73
1.4
2.46
0.95
1.33
2.25
2.93
3.72
3.39
3.02
2.28
2.55
2.95
2.97
Basic Weighted Avg Shares
181
179
180
810
810
886
901
982
1,013
1,031
1,274
1,274
1,274
1,265
Sales/Revenue/Turnover
867
1,287
1,792
2,551
3,448
4,260
5,407
4,732
3,965
2,643
5,151
6,696
7,456
- -
Operating Margin (%)
13.51
13.02
18.07
16.35
15.05
10.83
15.11
17
6.13
-51.02
-7.35
12.31
16.44
- -
Depreciation Expense
- -
89
110
155
237
312
322
362
937
1,078
1,250
1,365
1,491
- -
Net Income, GAAP
99
124
242
346
374
247
502
629
-113
-1,974
-965
268
626
- -
Effective Tax Rate (%)
14.92
16.13
14.65
15.06
16.11
16.18
13.97
15
- -
- -
- -
27.89
13.76
- -
Profit Margin (%)
11.48
9.61
13.49
13.55
10.85
5.81
9.29
13.28
-2.84
-74.69
-18.73
4
8.39
- -
Working Capital
-96
-51
207
225
442
126
846
496
-768
-580
-1,676
-1,090
-1,327
-1,878
LT Debt
947
890
57
84
588
558
1,722
830
7,592
8,388
8,679
9,885
10,928
10,601
Total Equity
132
256
450
794
1,150
2,124
2,781
3,953
3,618
4,052
3,088
3,358
3,866
3,892
Return on Invested Capital (%)
- -
6.69
15.51
22.58
19.15
5.89
9.21
9.52
- -
- -
- -
1.59
3.32
- -
Return on Capital (%)
- -
13.07
27.94
41.39
27.71
12.84
13.69
12.59
- -
- -
- -
3.96
5.82
- -
Return on Common Equity (%)
- -
63.34
68.43
55.62
38.5
15.12
20.48
18.67
-2.97
-51.47
-27.03
8.32
17.33
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,095
5,680
6,447
LT Borrowings
2,935
3,355
3,340
LT Finance Leases
7,994
7,518
7,261
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,278
1,278
1,278
Market Capitalization
14,125
10,021
8,935

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,242
6,610
7,010
Cash, Cash Equivalents & STI
1,816
2,192
1,947
Accounts Receivable, Net
1,262
1,448
1,575
Inventories
289
293
304
Total Current Liabilities
7,568
7,920
8,888
Payables & Accruals
- -
- -
- -
ST Debt
5,095
5,680
6,447
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.28%
0.72%
15.14%
Free Cash Flow
-271.17%
-576.01%
-90.15%
Net Income, GAAP
163.61%
298.11%
133.57%
Sales/Revenue/Turnover
20.22%
17.34%
11.36%
Total Cash Common Dividend
36.91%
4.23%
-1.13%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,616
1,595
1,943
1,542
6,696
2025
1,774
1,836
- -
1,722
7,456
2026
1,824
1,905
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
- -
0.22
-0.03
0.21
2025
0.06
0.13
- -
- -
0.49
2026
0.11
-0.07
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.04
0.04
0.04
0.16
2025
0.04
0.04
- -
0.04
0.16
2026
0.05
0.04
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Long Jiang Wu
Full Time Employees
6,191
Sector
Transportation
Industry
Airlines
Address
Jiangbei International Airport Chongqing CH China 401120
IPO Date
Mar 2, 2018
Website
chinaexpressair.com
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Business
China Express Airlines Co., Ltd. is a China-based regional airline primarily engaged in air passenger and cargo transportation services. The company operates an extensive domestic network with approximately 140 routes covering around 104 destinations, supported by operational bases in Guiyang, Chongqing, Dalian, Hohhot, Xi'an, and Korla. Its fleet includes Bombardier CRJ900NG and Airbus A320 aircraft, and it provides additional services such as aviation equipment maintenance, aircraft leasing, training and education for flight and maintenance personnel, multimodal transport and freight forwarding, research and development related to aircraft repair, software and information technology solutions, as well as retail, wholesale, and trading businesses. Founded in 2006 and headquartered in Chongqing, China Express Airlines targets mainly regional aviation markets within China with some international operations. In recent major developments, China Express Airlines has pursued a significant strategic expansion of its fleet through a partnership with China Commercial Aircraft Company (COMAC), under which it plans to purchase 100 new aircraft, including ARJ21-700ERs and potentially C919s, as part of its long-term growth strategy to enhance capacity and modernize its fleet. This move complements the company’s expanding route network and increasing passenger traffic, supported by efforts to optimize its operational efficiency and augment services to meet rising demand. The airline demonstrated profitability improvement in recent financial periods and continues to focus on regional connectivity and network growth to strengthen its market position in China's regional airline industry. China Express Airlines operates predominantly in the industrials sector focused on air transportation and related services, employing over 5,700 staff, and is recognized for its role in promoting regional economic growth through enhanced urban and local connectivity across China.