Eva Airways Corporation

Eva Airways Corporation

TTWSE:2618
42.20
TWD
+0.15
(+0.36%)
5.04EPS
9.46P/E
242.48BMarket Cap
Nov 04Next 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
32.28
34.6
30.55
31.77
36.24
39.87
37.56
18.35
20.58
26.01
37.24
40.92
40.8
44.12
Basic EPS, GAAP
0.19
-0.34
1.43
0.76
1.27
1.45
0.83
-0.69
1.31
1.34
4.01
5.37
4.84
4.75
Free Cash Flow per Basic Share
3.05
-1.54
-0.21
0.86
-1.31
0.86
2.67
-1.39
4.37
11.19
8.36
5.72
5.12
8.33
Dividend per Share
- -
- -
- -
0.25
0.18
0.18
0.49
0.25
- -
0.6
0.8
1.8
2.43
- -
Book Value per Share
9.02
8.94
10.73
11.71
12.73
14.09
14.68
14.59
16.67
16.41
19.81
22.81
25.61
25.8
Tangible Book Value per Share
8.41
8.32
10.23
11.23
12.28
13.62
14.27
14.24
16.4
16.19
19.62
22.65
25.47
25.68
Basic Weighted Avg Shares
3,846
3,846
4,490
4,554
4,513
4,513
4,827
4,854
5,047
5,308
5,381
5,400
5,400
5,403
Sales/Revenue/Turnover
124,164
133,090
137,169
144,680
163,562
179,907
181,275
89,049
103,872
138,069
200,357
221,009
220,333
238,368
Operating Margin (%)
2.79
1.98
6.71
4.93
5.32
4.94
5.21
-0.93
9.97
7.1
14.76
17.5
16.44
14.46
Depreciation Expense
10,958
11,727
13,118
15,409
14,320
13,325
27,115
27,788
28,425
29,498
29,557
28,549
27,686
27,369
Net Income, GAAP
747
-1,307
6,436
3,476
5,752
6,553
3,982
-3,362
6,608
7,091
21,594
29,007
26,146
25,641
Effective Tax Rate (%)
30.46
1,713.89
6.87
25.36
20.88
21.2
19.91
- -
14.38
17.37
19.89
20.77
19.1
18.66
Profit Margin (%)
0.6
-0.98
4.69
2.4
3.52
3.64
2.2
-3.78
6.36
5.14
10.78
13.12
11.87
10.76
Working Capital
7,379
-1,257
6
7,090
8,574
15,074
-5,242
10,499
18,545
7,104
308
11,753
20,521
16,587
LT Debt
58,799
66,349
68,064
73,960
77,498
81,423
79,718
100,237
96,855
66,250
44,242
45,780
65,596
62,946
Total Equity
40,257
39,677
54,728
59,336
64,210
70,120
78,142
76,660
92,707
96,240
117,020
131,745
147,220
148,246
Return on Invested Capital (%)
2.1
-36.43
6.46
3.59
4.36
4.25
4.62
- -
4.41
4.21
13.35
16.62
13.95
12.94
Return on Capital (%)
1.16
-23.26
5.73
2.94
4.3
4.55
4.57
- -
4.97
4.98
13.17
17.06
13.74
12.9
Return on Common Equity (%)
2.1
-3.72
15.46
6.8
10.33
10.78
5.91
-4.73
8.45
8.17
22.16
25.2
20
19.25

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10,853
10,640
11,064
LT Borrowings
48,633
46,720
45,208
LT Finance Leases
16,963
17,411
17,738
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,400
5,400
5,400
Market Capitalization
197,386
183,345
242,480

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
105,402
119,873
125,114
Cash, Cash Equivalents & STI
86,226
98,102
101,554
Accounts Receivable, Net
11,671
13,405
14,697
Inventories
4,386
4,617
4,959
Total Current Liabilities
84,881
106,923
108,527
Payables & Accruals
- -
- -
- -
ST Debt
10,853
10,640
11,064
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.6%
14.13%
11.75%
Free Cash Flow
-117.98%
-64.86%
-10.46%
Net Income, GAAP
-25.05%
-12.06%
-9.86%
Sales/Revenue/Turnover
8.31%
20.94%
-0.31%
Total Cash Common Dividend
- -
- -
34.83%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
51,915
55,374
57,160
56,560
221,009
2025
54,944
55,307
52,435
57,647
220,333
2026
60,516
67,770
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.87
1.44
1.66
1.39
5.37
2025
1.1
1.24
1.09
1.42
4.84
2026
1.53
0.71
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.8
2025
- -
- -
- -
- -
2.43
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chia Ming Sun
Full Time Employees
10,974
Sector
Transportation
Industry
Airlines
Address
No. 376, Hsin-Nan Road Taoyuan TYN Taiwan 33801
IPO Date
Sep 17, 2001
Website
evaair.com
Business
EVA Airways Corp. (TWSE: 2618) operates as Taiwan's second-largest international airline, providing passenger and cargo transportation services exclusively on international routes to over 60 destinations across North America, Europe, Asia, Oceania, and mainland China; core offerings encompass Royal Laurel business class, Premium Economy, and Economy cabins on long-haul flights with amenities including AVOD entertainment, satellite phones, and mood lighting, alongside dedicated cargo operations via Boeing 777F freighters handling high-tech equipment, artwork, and live specimens; the carrier maintains a mixed fleet of Airbus A321, A330, Boeing 777, 787, and ATR 72 aircraft (via subsidiary UNI Air), supported by aviation engineering through Evergreen Aviation Technologies Corp., airline catering via Evergreen Sky Catering, and ground handling services. Founded in 1989 and headquartered at Taoyuan International Airport in Luzhu, Taoyuan City, Taiwan, as an affiliate of the Evergreen Group, EVA Air serves business and leisure travelers through its primary hub at Taoyuan Terminal 2 and focus city in Bangkok, with secondary operations at Kaohsiung via UNI Air. Recent developments include Sustainable Aviation Fuel procurement partnerships in April 2025 with AEG Fuels, COSMO Oil, and Formosa Petrochemical to advance net-zero emissions goals; an August 2025 interline agreement with Southwest Airlines connecting Taipei-originating passengers from Los Angeles, San Francisco, Seattle, and Chicago to extensive U.S. domestic routes; plans for a new Taipei-Dallas nonstop service launching November 2025; ongoing fleet modernization with deliveries of Boeing 787-9s through 2027, Airbus A321neos from 2029, and 24 Airbus A350-1000s from 2026 to replace older Boeing 777-300ERs, including three passenger-to-freighter conversions in 2025; and a 10th Skytrax 5-star rating renewal.