Cathay Pacific Airways（CTY）株式概要キャセイパシフィック航空は、その子会社とともに国際旅客および航空貨物輸送サービスを提供している。 詳細CTY ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長0/6過去の実績3/6財務の健全性4/6配当金5/6報酬当社が推定した公正価値より74.5%で取引されている 過去5年間の収益は年間71.4%増加しました。 同業他社や業界と比較して、良好な取引価格 リスク分析不安定な配当実績 すべてのリスクチェックを見るCTY Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€1.4444.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-22b152b2016201920222025202620282031Revenue HK$152.2bEarnings HK$14.1bAdvancedSet Fair ValueView all narrativesCathay Pacific Airways Limited 競合他社Deutsche LufthansaSymbol: XTRA:LHAMarket cap: €11.9bFraportSymbol: XTRA:FRAMarket cap: €6.7bSixtSymbol: XTRA:SIX2Market cap: €2.8bHapag-LloydSymbol: XTRA:HLAGMarket cap: €19.7b価格と性能株価の高値、安値、推移の概要Cathay Pacific Airways過去の株価現在の株価HK$1.4452週高値HK$1.5252週安値HK$1.13ベータ0.421ヶ月の変化-0.55%3ヶ月変化12.62%1年変化25.35%3年間の変化53.84%5年間の変化102.03%IPOからの変化-8.77%最新ニュースお知らせ • Jun 29Cathay Pacific Airways Limited to Report Q2, 2026 Results on Aug 05, 2026Cathay Pacific Airways Limited announced that they will report Q2, 2026 results on Aug 05, 2026お知らせ • Jan 07Cathay Pacific Airways Limited Announces Board and Committee ChangesCathay Pacific Airways Limited announced following consultation with the Executive in connection with the Amended Air China Irrevocable Undertaking, the Independent Board Committee will now comprise all the independent non-executive Directors, namely Bernard Chan, Lily Cheng, Christoph Mueller and Wang Xiao Bin, all of whom do not have any direct or indirect interest in the Share Buy-back. Each of the non-executive Directors, who has been nominated by either Swire Pacific or Air China (each an IU Shareholder), will not form part of the Independent Board Committee. As at the date of this announcement, the Directors of the Company are: Executive Directors: Patrick Healy (Chair), Ronald Lam, Lavinia Lau, Alexander McGowan, Rebecca Sharpe; Non-Executive Directors: Liu Tiexiang (Deputy Chair), Guy Bradley, Gordon McCallum, Sun Yuquan, Merlin Swire, Augustus Tang, Wang Mingyuan, Xiao Feng; and Independent Non-Executive Directors: Bernard Chan, Lily Cheng, Christoph Mueller and Wang Xiao Bin.お知らせ • Dec 23Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026.お知らせ • Dec 03Cathay Pacific Airways Limited to Report Fiscal Year 2025 Results on Mar 11, 2026Cathay Pacific Airways Limited announced that they will report fiscal year 2025 results on Mar 11, 2026お知らせ • Jun 25Cathay Pacific Airways Limited to Report First Half, 2025 Results on Aug 06, 2025Cathay Pacific Airways Limited announced that they will report first half, 2025 results on Aug 06, 2025お知らせ • Mar 12+ 2 more updatesCathay Pacific Airways Limited Announces Interim (Semi-Annual) Dividend for the Financial Year End 31 December 2024, Payable on May 8, 2025Cathay Pacific Airways Limited announced Interim (Semi-annual) dividend of HKD 0.49 per share for the financial year end 31 December 2024. Ex-dividend date 01 April 2025, Record date 03 April 2025 and Payment date 08 May 2025.最新情報をもっと見るRecent updatesお知らせ • Jun 29Cathay Pacific Airways Limited to Report Q2, 2026 Results on Aug 05, 2026Cathay Pacific Airways Limited announced that they will report Q2, 2026 results on Aug 05, 2026お知らせ • Jan 07Cathay Pacific Airways Limited Announces Board and Committee ChangesCathay Pacific Airways Limited announced following consultation with the Executive in connection with the Amended Air China Irrevocable Undertaking, the Independent Board Committee will now comprise all the independent non-executive Directors, namely Bernard Chan, Lily Cheng, Christoph Mueller and Wang Xiao Bin, all of whom do not have any direct or indirect interest in the Share Buy-back. Each of the non-executive Directors, who has been nominated by either Swire Pacific or Air China (each an IU Shareholder), will not form part of the Independent Board Committee. As at the date of this announcement, the Directors of the Company are: Executive Directors: Patrick Healy (Chair), Ronald Lam, Lavinia Lau, Alexander McGowan, Rebecca Sharpe; Non-Executive Directors: Liu Tiexiang (Deputy Chair), Guy Bradley, Gordon McCallum, Sun Yuquan, Merlin Swire, Augustus Tang, Wang Mingyuan, Xiao Feng; and Independent Non-Executive Directors: Bernard Chan, Lily Cheng, Christoph Mueller and Wang Xiao Bin.お知らせ • Dec 23Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026.お知らせ • Dec 03Cathay Pacific Airways Limited to Report Fiscal Year 2025 Results on Mar 11, 2026Cathay Pacific Airways Limited announced that they will report fiscal year 2025 results on Mar 11, 2026お知らせ • Jun 25Cathay Pacific Airways Limited to Report First Half, 2025 Results on Aug 06, 2025Cathay Pacific Airways Limited announced that they will report first half, 2025 results on Aug 06, 2025お知らせ • Mar 12+ 2 more updatesCathay Pacific Airways Limited Announces Interim (Semi-Annual) Dividend for the Financial Year End 31 December 2024, Payable on May 8, 2025Cathay Pacific Airways Limited announced Interim (Semi-annual) dividend of HKD 0.49 per share for the financial year end 31 December 2024. Ex-dividend date 01 April 2025, Record date 03 April 2025 and Payment date 08 May 2025.お知らせ • Dec 03Cathay Pacific Airways Limited to Report Fiscal Year 2024 Results on Mar 12, 2025Cathay Pacific Airways Limited announced that they will report fiscal year 2024 results on Mar 12, 2025お知らせ • Aug 30Cathay Pacific Airways Limited Announces Board ChangesThe Board of Directors of Cathay Pacific Airways Limited announced that: Mr. ZHANG Zhuo Ping (Mr. Zhang) has resigned as a Non-Executive Director of the Company, and Mr. TANG Kin Wing Augustus ("Mr. Tang") has been appointed as a Non- Executive Director of the Company, and such resignation and appointment to take effect from 1st September 2024. Mr. Zhang has confirmed that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. He has also confirmed that his resignation is due to his retirement from the Company and that he has no disagreement with the Board. He will take on a senior advisor role for John Swire & Sons Limited in the Chinese Mainland. The Board would like to express its gratitude to Mr. Zhang for his outstanding contributions and wise counsel during the past four years since his appointment as a Director of the Company on 14th April 2020 and offers its best wishes to him. Mr. Tang, aged 65, is a director of John Swire & Sons (H.K.) Limited ("JS&SHK") and Air China Cargo Co. Ltd. He joined the Swire Group in 1982 and has worked with the Company in Hong Kong SAR, Malaysia and Japan. He had been Director Corporate Development of the Company from January 2005 to December 2006, an Executive Director of the Company from January 2007 to October 2008, and an Executive Director and Chief Executive Officer of the Company from August 2019 to December 2022. He had also been a director and chief executive officer of Hong Kong Aircraft Engineering Company Limited from November 2008 to August 2019, and an executive director of Swire Pacific Limited ("Swire Pacific") from August 2011 to May 2017. Mr. Tang is active in public duties and serves as a member of the Trade and Industry Advisory Board, a board member of the Community Chest of Hong Kong, a court member of the Hong Kong Polytechnic University, as well as an advisor to Hong Kong Foundation. He is also a member of the 14th National Committee of the Chinese People's Political Consultative Conference. Mr. Tang graduated from The Chinese University of Hong Kong with a bachelor’s degree (Hons) in Business Administration. In accordance with the Articles of Association of the Company, Mr. Tang will hold office as a Director of the Company until its annual general meeting to be held in 2025 (and will then be eligible for election). Thereafter he will retire at the third annual general meeting of the Company following his election and will be eligible for re-election. Mr. Tang has entered a letter of appointment, which constitutes a service contract, with the Company for a term expiring on the date of the annual general meeting at which he will retire, which will be renewed for a term of three years upon each election or re-election (as the case may be). As stated above, Mr. Tang is a director of JS&SHK. JS&SHK is a wholly owned subsidiary within the Swire Group and is the holding company of Swire Pacific, which holds 44.99% of the ordinary shares in the Company. Except as so indicated and for the fact that he is an employee of the Swire Group, Mr. Tang does not have any relationship with any Director or senior management of the Company or with any substantial or controlling shareholder of the Company. Mr. Tang is not entitled to receive any emolument or director's fee from the Company.Reported Earnings • Aug 08First half 2024 earnings released: EPS: HK$0.52 (vs HK$0.61 in 1H 2023)First half 2024 results: EPS: HK$0.52 (down from HK$0.61 in 1H 2023). Revenue: HK$49.6b (up 14% from 1H 2023). Net income: HK$3.37b (down 15% from 1H 2023). Profit margin: 6.8% (down from 9.1% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 07Cathay Pacific Airways Limited Declares Interim Dividend for the Year Ended December 31, 2024, Payable on 9 October 2024The Directors of Cathay Pacific Airways Limited have declared an interim dividend of HKD 0.20 per ordinary share for the year ending 31 December 2024. The interim dividend which totals HKD 1,288 million will be paid on 9 October 2024 to ordinary shareholders registered at the close of business on the record date, being 6 September 2024. Ordinary shares of the Company will be traded ex-dividend as from 4 September 2024.お知らせ • Apr 17Cathay Pacific Airways Limited to Report First Half, 2024 Results on Aug 07, 2024Cathay Pacific Airways Limited announced that they will report first half, 2024 results on Aug 07, 2024Upcoming Dividend • Mar 26Upcoming dividend of HK$0.43 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.2%).お知らせ • Mar 13Cathay Pacific Airways Limited Declares Interim Dividend for the Year Ended December 31, 2023, Payable on 02 May 2024Cathay Pacific Airways Limited declared interim dividend of HKD 0.43 per share for the year ended December 31, 2023. Ex-dividend date is 02 April 2024, Record date is 05 April 2024 and Payment date is 02 May 2024.Reported Earnings • Mar 13Full year 2023 earnings released: EPS: HK$1.41 (vs HK$1.11 loss in FY 2022)Full year 2023 results: EPS: HK$1.41 (up from HK$1.11 loss in FY 2022). Revenue: HK$94.5b (up 85% from FY 2022). Net income: HK$9.07b (up HK$16.2b from FY 2022). Profit margin: 9.6% (up from net loss in FY 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 13Cathay Pacific Airways Limited, Annual General Meeting, May 08, 2024Cathay Pacific Airways Limited, Annual General Meeting, May 08, 2024.お知らせ • Dec 06Neo Financial, Cathay, and Mastercard Launch the New Cathay World Elite MastercardNeo Financial (Neo), Cathay, and Mastercard have launched the new Cathay World Elite Mastercard — powered by Neo. The only Canadian card that directly earns Asia Miles, the Cathay World Elite Mastercard will offer customers premium rewards on their everyday spending, exceptional travel benefits and insurance coverage, and the digital features of the Neo app. In addition, the card is the first World Elite Mastercard issued in Canada with a secured credit option. This secured option will benefit newcomers to Canada with guaranteed approval2 and no credit history required. Benefits enjoyed by cardholders include: Welcome offer: Receive up to 30,000 Asia Miles5 — enough to cover a one-way, Economy class flight from Vancouver to Hong Kong; 10% booking discount: For a limited time, cardholders can get up to 10% off Canada-origin Cathay Pacific flight bookings; Premium rewards: Earn one mile per dollar on every purchase in Canada7 and double the miles on purchases outside of Canada8 and on Cathay Pacific flights9. Plus, receive an average of 5x the miles10 at 12,000+ Neo merchant partners (including restaurants, cafes, apparel, and more), and up to 15x the miles10 on first-time purchases; Travel benefits: Get priority online check-in, access to 1,300+ DragonPass airport lounges in more than 140 countries, and Wi-Fi in-flight and at 1M+ Boingo hotspots around the world; Significant insurance coverage1: Enjoy peace of mind with protection against flight cancellation, baggage loss, flight delay, car rental theft and damage, and more. Helpful digital features: Access Neo’s intuitive digital tools, including 24/7 chat support, in-app card management, and real-time notifications; Access to Priceless Experiences: From culinary lessons to museum visits, cardholders will be able to create memories through Priceless Experiences available exclusively on Priceless.com - available in 15 countries in Asia-Pacific as well as Canada.Buying Opportunity • Nov 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10.0%. The fair value is estimated to be €1.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 15% per annum over the same time period.Buying Opportunity • Oct 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be €1.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 15% per annum over the same time period.お知らせ • Sep 29Cathay Pacific Airways Limited to Report Fiscal Year 2023 Results on Mar 13, 2024Cathay Pacific Airways Limited announced that they will report fiscal year 2023 results on Mar 13, 2024お知らせ • Sep 08Cathay Pacific Names Shanna Docherty as Regional Head of Trade Sales for MEACathay Pacific has appointed Shanna Docherty as Regional Head of Trade Sales for the Middle East and Africa (MEA). In her new role, Docherty is responsible for identifying new business opportunities and strategically optimising revenue across the airline's channel partners. Docherty has been an ardent advocate for the empowerment of women in the aviation sector since joining Cathay Pacific in 2019 as Cargo Manager. Previously having worked for Virgin Atlantic in the United Kingdom and South Africa, as well as Air France and KLM, she has 14 years of comprehensive aviation experience and brings a deep understanding of commercial acumen, effective people management, and a genuine respect for cultural diversity. Under her guidance, the airline aims to enhance its offerings and elevate the customer travel experience, while also reinforcing the importance of the Middle East and Africa to Cathay Pacific, which operates scheduled passenger flights to Dubai and Johannesburg.お知らせ • Sep 02Cathay Pacific Airways Limited Announces Management Changes in Cathay Pacific Southeast AsiaCathay Pacific Airways Limited announce changes to key management roles across the region. Cathay Pacific's regional office in Singapore will see the following appointments: Jonathan Ng, Regional Head of Customer Travel and Lifestyle, Southeast Asia. He replaces Ray Fung, who is now Head of Lifestyle Strategy and Partnerships in Hong Kong. Jonathan joined Cathay Pacific in 2011 and has worked in several key positions across various markets, including Hong Kong, the Chinese Mainland, Bahrain, Saudi Arabia and the United Arab Emirates. Prior to his current role, Jonathan was seconded to HK Express as General Manager, Corporate Planning, he was part of the transition team following the acquisition of the low-cost carrier by the Cathay Group. Ashish Kapur, Regional Head of Cargo, Southeast Asia, effective 1 September 2023. He replaces Siddhant Iyer, who will take on the role of Head of Cargo Markets and Customer Solutions in Hong Kong. Ashish's career with Cathay Pacific spans more than 22 years. During this time, he has held several managerial positions across various markets, including India, Africa, the Middle East and Northern Europe. Prior to his current role, he was Area Manager for Northern Europe, where he oversaw the entire Northern European operations and managed the teams based in the Netherlands, Belgium, Germany, Switzerland and Scandinavia.Reported Earnings • Aug 11First half 2023 earnings released: EPS: HK$0.61 (vs HK$0.82 loss in 1H 2022)First half 2023 results: EPS: HK$0.61 (up from HK$0.82 loss in 1H 2022). Revenue: HK$43.6b (up 135% from 1H 2022). Net income: HK$3.96b (up HK$9.26b from 1H 2022). Profit margin: 9.1% (up from net loss in 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.New Risk • Aug 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 95% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (95% net debt to equity). Large one-off items impacting financial results.お知らせ • Jul 23Cathay Pacific Airways Limited Appoints Mr. Wang Mingyuan as Non-Executive Director with Effect from 24 July 2023The Board of Directors (the "Board") of Cathay Pacific Airways Limited (the "Company") announces that Mr. WANG Mingyuan ("Mr. Wang") has been appointed as a Non-Executive Director of the Company with effect from 24th July 2023. Mr. WANG Mingyuan, aged 57, graduated from Xiamen University majoring in planning and statistics. Mr. Wang started his career in the civil aviation industry in July 1988. Mr. Wang was appointed as a member of the Standing Committee of the Communist Party Committee of Air China Limited ("Air China") in February 2011, and served as the vice president of Air China from February 2011 to March 2023. Since April 2011, he has concurrently served as chairman of Air China Development Corporation (Hong Kong) Limited. He was appointed as a member of the Communist Party Group of China National Aviation Holding Corporation Limited ("CNAHC") in April 2020, and served as the deputy general manager of CNAHC from April 2020 to January 2023. He has also served as the vice chairman of Tibet Airlines Co. Ltd. since June 2020 and the chairman of Air Macau Company Limited since March 2022. He was appointed as a director, the general manager and deputy secretary of the Communist Party Group of CNAHC in January 2023, and was appointed as the deputy secretary of the Communist Party Committee of Air China in February 2023. He has been serving as the President, Director and Vice Chairman of Air China since March 2023.お知らせ • Jul 14Cathay Pacific Airways Limited Provides Unaudited Consolidated Financial Guidance of the Group for the Six-Month Period Ended 30Th June 2023Cathay Pacific Airways Limited provided unaudited consolidated financial guidance of the Group for the six-month period ended 30th June 2023. The Group is expected to record a consolidated profit attributable to shareholders of approximately HKD 4.0 to HKD 4.5 billion. This compares to the attributable loss to shareholders of HKD 4,999 million for the six-month period ended 30th June 2022.お知らせ • May 19Cathay Pacific Airways Limited to Report Q2, 2023 Results on Aug 09, 2023Cathay Pacific Airways Limited announced that they will report Q2, 2023 results on Aug 09, 2023Reported Earnings • Mar 09Full year 2022 earnings released: HK$1.11 loss per share (vs HK$0.95 loss in FY 2021)Full year 2022 results: HK$1.11 loss per share (further deteriorated from HK$0.95 loss in FY 2021). Revenue: HK$51.0b (up 12% from FY 2021). Net loss: HK$7.16b (loss widened 17% from FY 2021). Available seat kilometres (ASK): 20.06b (up 52% from FY 2021). Passenger load factor: 73.6% (up from 31.1% in FY 2021). Operating revenue per available seat kilometre (Oper. RASK): HK$2.55 (down from HK$3.45 in FY 2021). Total aircraft: 222 (up by 62 from FY 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Jan 21Cathay Pacific Airways Limited Provides Group Earnings Guidance for the Year 2022 and Operating Guidance for the Year 2023Cathay Pacific Airways Limited provided group earnings guidance for the year 2022 and operating guidance for the year 2023. Based on a preliminary review of the unaudited consolidated management accounts of the Cathay Pacific Group for the year ended 31 December 2022 and the information currently available to the Board of Directors of Cathay Pacific, the Group is expected to record a consolidated loss attributable to shareholders of approximately HKD 6.4 billion - HKD 7.0 billion. This compares to the attributable loss to shareholders of HKD 5.5 billion for the year ended 31 December 2021. The second-half 2022 results for the Group's airlines and subsidiaries were a marked improvement over the first-half 2022 results, although still a small loss overall for the full year of 2022.For the year 2023, the company anticipates it will be operating about 70% of pre-pandemic passenger flight capacity by the end of 2023 with the aim of returning to pre-pandemic levels by the end of 2024. The company's aim to operate more than 100 return flights per week to and from 14 cities in the Chinese Mainland by the end of February 2023.お知らせ • Jan 12Cathay Pacific Airways Limited Announces Board ChangesThe Board of Directors of Cathay Pacific Airways Limited announced that: Mr. Samuel Compton SWIRE (‘Mr. Swire’) has resigned as a Non-Executive Director of the Company; and Mr. Gordon Douglas MCCALLUM (‘Mr. McCallum’) has been appointed as a Non-Executive Director of the Company, such resignation and appointment to take effect on January 12, 2023. Mr. Swire has confirmed that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. He has also confirmed that he has resigned to devote more time to the businesses of John Swire & Sons Limited (‘JS&SL’, the holding company of the wider Swire group) and that he has no disagreement with the Board of the Company. Mr. McCallum, aged 62, is a director of JS&SL and Swire Pacific Limited (‘SPAC’). He is chairman of Argent Energy Holdings Limited, a wholly-owned subsidiary of JS&SL, and of Zopa Group Limited. He is also a director of Zopa Bank Limited, and a senior advisor to Searchlight Capital Partners. He was a non-executive director of Virgin Atlantic Airways Limited and associated companies from 2013 to 2022, also serving as chairman of the audit committee during this period. He was also a director of Global Risk Partners Limited from 2020 to 2022. He holds a Master of Arts degree from the University of Oxford and a Master of Business Administration degree from the Wharton School at the University of Pennsylvania. As at the date of this announcement, the Directors of the Company are: Executive Directors: Patrick Healy (Chair), Gregory Hughes, Ronald Lam, Lavinia Lau, Rebecca Sharpe; Non-Executive Directors: Ma Chongxian (Deputy Chair), Guy Bradley, Sun Yuquan, Merlin Swire, Samuel Swire, Xiao Feng, Zhang Zhuo Ping; Independent Non-Executive Directors: Bernard Chan, John Harrison, Christoph Mueller and Andrew Tung.お知らせ • Sep 30Cathay Pacific Airways Limited to Report Fiscal Year 2022 Final Results on Mar 08, 2023Cathay Pacific Airways Limited announced that they will report fiscal year 2022 final results on Mar 08, 2023Reported Earnings • Aug 11First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up HK$7.86b from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 51%, compared to a 78% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 10Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: HK$0.95 loss per share (up from HK$4.24 loss in FY 2020). Revenue: HK$45.6b (down 2.9% from FY 2020). Net loss: HK$6.12b (loss narrowed 72% from FY 2020). Revenue exceeded analyst estimates by 7.9%. Over the next year, revenue is forecast to grow 14%, compared to a 156% growth forecast for the airlines industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.Executive Departure • Aug 27Non-Executive Director Martin James Murray has left the companyOn the 25th of August, Martin James Murray's tenure as Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Martin James' name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.00 years.Reported Earnings • Aug 14First half 2021 earnings released: HK$1.22 loss per share (vs HK$2.51 loss in 1H 2020)The company reported a soft first half result with weaker revenues and control over costs, although losses reduced. First half 2021 results: Revenue: HK$15.9b (down 43% from 1H 2020). Net loss: HK$7.86b (loss narrowed 20% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Executive Departure • Apr 22Group General Counsel & Company Secretary has left the companyOn the 19th of April, Koon Ying Chow's tenure as Group General Counsel & Company Secretary ended after 1.3 years in the role. We don't have any record of a personal shareholding under Koon Ying's name. A total of 4 executives have left over the last 12 months.Reported Earnings • Apr 09Full year 2020 earnings released: HK$4.24 loss per share (vs HK$0.43 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$46.9b (down 56% from FY 2019). Net loss: HK$21.9b (down HK$23.6b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Executive Departure • Apr 07Non-Executive Director has left the companyOn the 1st of April, Mei Shuen Low's tenure as Non-Executive Director ended after 3.5 years in the role. As of December 2020, Mei Shuen personally held only 1.63k shares (€1.2k worth at the time). A total of 4 executives have left over the last 12 months.Analyst Estimate Surprise Post Earnings • Mar 12Revenue beats expectationsRevenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 29%, compared to a 48% growth forecast for the Airlines industry in Germany.Reported Earnings • Mar 12Full year 2020 earnings released: HK$4.24 loss per share (vs HK$0.43 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$46.9b (down 56% from FY 2019). Net loss: HK$21.9b (down HK$23.6b from profit in FY 2019). Available seat kilometres (ASK): 34.61b (down 79% from FY 2019). Passenger load factor: 58.0% (down from 82.3% in FY 2019). Revenue per available seat kilometre (RASK): 135.6% (up from 65.5% in FY 2019). Total aircraft: 239 (up by 5 from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.株主還元CTYDE AirlinesDE 市場7D9.8%3.8%-2.4%1Y25.3%21.1%-0.6%株主還元を見る業界別リターン: CTY過去 1 年間で21.1 % の収益を上げたGerman Airlines業界を上回りました。リターン対市場: CTY過去 1 年間で-0.6 % の収益を上げたGerman市場を上回りました。価格変動Is CTY's price volatile compared to industry and market?CTY volatilityCTY Average Weekly Movement5.0%Airlines Industry Average Movement7.2%Market Average Movement5.7%10% most volatile stocks in DE Market13.3%10% least volatile stocks in DE Market2.8%安定した株価: CTY 、 German市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: CTYの 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト194633,000Ronald Lamwww.cathaypacific.com/cx/en_IN.htmlキャセイパシフィック航空はその子会社とともに、国際旅客および航空貨物輸送サービスを提供している。同社は主に香港発着の航空事業を展開している。また、不動産投資、旅行報奨金プログラム、旅行ツアーオペレーター、金融、航空機取得支援、航空ケータリング、情報処理、航空機ランプハンドリング、ランドリー・ドライクリーニング、グランドハンドリング、貨物ターミナルサービスの提供も行っている。同社は米州、欧州、東南アジア、南西太平洋、北アジア、南アジア、中東、アフリカで事業を展開している。2023年12月31日現在、230機の航空機を運航している。キャセイパシフィック航空は1946年に設立され、香港のランタオ島に本社を置く。もっと見るCathay Pacific Airways Limited 基礎のまとめCathay Pacific Airways の収益と売上を時価総額と比較するとどうか。CTY 基礎統計学時価総額€8.81b収益（TTM）€1.21b売上高(TTM)€13.04b7.3xPER（株価収益率0.7xP/SレシオCTY は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CTY 損益計算書（TTM）収益HK$116.77b売上原価HK$84.17b売上総利益HK$32.59bその他の費用HK$21.77b収益HK$10.83b直近の収益報告Dec 31, 2025次回決算日Aug 05, 2026一株当たり利益（EPS）1.78グロス・マージン27.91%純利益率9.27%有利子負債／自己資本比率53.9%CTY の長期的なパフォーマンスは？過去の実績と比較を見る配当金6.5%現在の配当利回り51%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/30 23:14終値2026/06/30 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Cathay Pacific Airways Limited 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。28 アナリスト機関Patrick XuBarclaysWei FangBNP ParibasNathan GeeBofA Global Research25 その他のアナリストを表示
お知らせ • Jun 29Cathay Pacific Airways Limited to Report Q2, 2026 Results on Aug 05, 2026Cathay Pacific Airways Limited announced that they will report Q2, 2026 results on Aug 05, 2026
お知らせ • Jan 07Cathay Pacific Airways Limited Announces Board and Committee ChangesCathay Pacific Airways Limited announced following consultation with the Executive in connection with the Amended Air China Irrevocable Undertaking, the Independent Board Committee will now comprise all the independent non-executive Directors, namely Bernard Chan, Lily Cheng, Christoph Mueller and Wang Xiao Bin, all of whom do not have any direct or indirect interest in the Share Buy-back. Each of the non-executive Directors, who has been nominated by either Swire Pacific or Air China (each an IU Shareholder), will not form part of the Independent Board Committee. As at the date of this announcement, the Directors of the Company are: Executive Directors: Patrick Healy (Chair), Ronald Lam, Lavinia Lau, Alexander McGowan, Rebecca Sharpe; Non-Executive Directors: Liu Tiexiang (Deputy Chair), Guy Bradley, Gordon McCallum, Sun Yuquan, Merlin Swire, Augustus Tang, Wang Mingyuan, Xiao Feng; and Independent Non-Executive Directors: Bernard Chan, Lily Cheng, Christoph Mueller and Wang Xiao Bin.
お知らせ • Dec 23Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026.
お知らせ • Dec 03Cathay Pacific Airways Limited to Report Fiscal Year 2025 Results on Mar 11, 2026Cathay Pacific Airways Limited announced that they will report fiscal year 2025 results on Mar 11, 2026
お知らせ • Jun 25Cathay Pacific Airways Limited to Report First Half, 2025 Results on Aug 06, 2025Cathay Pacific Airways Limited announced that they will report first half, 2025 results on Aug 06, 2025
お知らせ • Mar 12+ 2 more updatesCathay Pacific Airways Limited Announces Interim (Semi-Annual) Dividend for the Financial Year End 31 December 2024, Payable on May 8, 2025Cathay Pacific Airways Limited announced Interim (Semi-annual) dividend of HKD 0.49 per share for the financial year end 31 December 2024. Ex-dividend date 01 April 2025, Record date 03 April 2025 and Payment date 08 May 2025.
お知らせ • Jun 29Cathay Pacific Airways Limited to Report Q2, 2026 Results on Aug 05, 2026Cathay Pacific Airways Limited announced that they will report Q2, 2026 results on Aug 05, 2026
お知らせ • Jan 07Cathay Pacific Airways Limited Announces Board and Committee ChangesCathay Pacific Airways Limited announced following consultation with the Executive in connection with the Amended Air China Irrevocable Undertaking, the Independent Board Committee will now comprise all the independent non-executive Directors, namely Bernard Chan, Lily Cheng, Christoph Mueller and Wang Xiao Bin, all of whom do not have any direct or indirect interest in the Share Buy-back. Each of the non-executive Directors, who has been nominated by either Swire Pacific or Air China (each an IU Shareholder), will not form part of the Independent Board Committee. As at the date of this announcement, the Directors of the Company are: Executive Directors: Patrick Healy (Chair), Ronald Lam, Lavinia Lau, Alexander McGowan, Rebecca Sharpe; Non-Executive Directors: Liu Tiexiang (Deputy Chair), Guy Bradley, Gordon McCallum, Sun Yuquan, Merlin Swire, Augustus Tang, Wang Mingyuan, Xiao Feng; and Independent Non-Executive Directors: Bernard Chan, Lily Cheng, Christoph Mueller and Wang Xiao Bin.
お知らせ • Dec 23Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026.
お知らせ • Dec 03Cathay Pacific Airways Limited to Report Fiscal Year 2025 Results on Mar 11, 2026Cathay Pacific Airways Limited announced that they will report fiscal year 2025 results on Mar 11, 2026
お知らせ • Jun 25Cathay Pacific Airways Limited to Report First Half, 2025 Results on Aug 06, 2025Cathay Pacific Airways Limited announced that they will report first half, 2025 results on Aug 06, 2025
お知らせ • Mar 12+ 2 more updatesCathay Pacific Airways Limited Announces Interim (Semi-Annual) Dividend for the Financial Year End 31 December 2024, Payable on May 8, 2025Cathay Pacific Airways Limited announced Interim (Semi-annual) dividend of HKD 0.49 per share for the financial year end 31 December 2024. Ex-dividend date 01 April 2025, Record date 03 April 2025 and Payment date 08 May 2025.
お知らせ • Dec 03Cathay Pacific Airways Limited to Report Fiscal Year 2024 Results on Mar 12, 2025Cathay Pacific Airways Limited announced that they will report fiscal year 2024 results on Mar 12, 2025
お知らせ • Aug 30Cathay Pacific Airways Limited Announces Board ChangesThe Board of Directors of Cathay Pacific Airways Limited announced that: Mr. ZHANG Zhuo Ping (Mr. Zhang) has resigned as a Non-Executive Director of the Company, and Mr. TANG Kin Wing Augustus ("Mr. Tang") has been appointed as a Non- Executive Director of the Company, and such resignation and appointment to take effect from 1st September 2024. Mr. Zhang has confirmed that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. He has also confirmed that his resignation is due to his retirement from the Company and that he has no disagreement with the Board. He will take on a senior advisor role for John Swire & Sons Limited in the Chinese Mainland. The Board would like to express its gratitude to Mr. Zhang for his outstanding contributions and wise counsel during the past four years since his appointment as a Director of the Company on 14th April 2020 and offers its best wishes to him. Mr. Tang, aged 65, is a director of John Swire & Sons (H.K.) Limited ("JS&SHK") and Air China Cargo Co. Ltd. He joined the Swire Group in 1982 and has worked with the Company in Hong Kong SAR, Malaysia and Japan. He had been Director Corporate Development of the Company from January 2005 to December 2006, an Executive Director of the Company from January 2007 to October 2008, and an Executive Director and Chief Executive Officer of the Company from August 2019 to December 2022. He had also been a director and chief executive officer of Hong Kong Aircraft Engineering Company Limited from November 2008 to August 2019, and an executive director of Swire Pacific Limited ("Swire Pacific") from August 2011 to May 2017. Mr. Tang is active in public duties and serves as a member of the Trade and Industry Advisory Board, a board member of the Community Chest of Hong Kong, a court member of the Hong Kong Polytechnic University, as well as an advisor to Hong Kong Foundation. He is also a member of the 14th National Committee of the Chinese People's Political Consultative Conference. Mr. Tang graduated from The Chinese University of Hong Kong with a bachelor’s degree (Hons) in Business Administration. In accordance with the Articles of Association of the Company, Mr. Tang will hold office as a Director of the Company until its annual general meeting to be held in 2025 (and will then be eligible for election). Thereafter he will retire at the third annual general meeting of the Company following his election and will be eligible for re-election. Mr. Tang has entered a letter of appointment, which constitutes a service contract, with the Company for a term expiring on the date of the annual general meeting at which he will retire, which will be renewed for a term of three years upon each election or re-election (as the case may be). As stated above, Mr. Tang is a director of JS&SHK. JS&SHK is a wholly owned subsidiary within the Swire Group and is the holding company of Swire Pacific, which holds 44.99% of the ordinary shares in the Company. Except as so indicated and for the fact that he is an employee of the Swire Group, Mr. Tang does not have any relationship with any Director or senior management of the Company or with any substantial or controlling shareholder of the Company. Mr. Tang is not entitled to receive any emolument or director's fee from the Company.
Reported Earnings • Aug 08First half 2024 earnings released: EPS: HK$0.52 (vs HK$0.61 in 1H 2023)First half 2024 results: EPS: HK$0.52 (down from HK$0.61 in 1H 2023). Revenue: HK$49.6b (up 14% from 1H 2023). Net income: HK$3.37b (down 15% from 1H 2023). Profit margin: 6.8% (down from 9.1% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 07Cathay Pacific Airways Limited Declares Interim Dividend for the Year Ended December 31, 2024, Payable on 9 October 2024The Directors of Cathay Pacific Airways Limited have declared an interim dividend of HKD 0.20 per ordinary share for the year ending 31 December 2024. The interim dividend which totals HKD 1,288 million will be paid on 9 October 2024 to ordinary shareholders registered at the close of business on the record date, being 6 September 2024. Ordinary shares of the Company will be traded ex-dividend as from 4 September 2024.
お知らせ • Apr 17Cathay Pacific Airways Limited to Report First Half, 2024 Results on Aug 07, 2024Cathay Pacific Airways Limited announced that they will report first half, 2024 results on Aug 07, 2024
Upcoming Dividend • Mar 26Upcoming dividend of HK$0.43 per shareEligible shareholders must have bought the stock before 02 April 2024. Payment date: 02 May 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.2%).
お知らせ • Mar 13Cathay Pacific Airways Limited Declares Interim Dividend for the Year Ended December 31, 2023, Payable on 02 May 2024Cathay Pacific Airways Limited declared interim dividend of HKD 0.43 per share for the year ended December 31, 2023. Ex-dividend date is 02 April 2024, Record date is 05 April 2024 and Payment date is 02 May 2024.
Reported Earnings • Mar 13Full year 2023 earnings released: EPS: HK$1.41 (vs HK$1.11 loss in FY 2022)Full year 2023 results: EPS: HK$1.41 (up from HK$1.11 loss in FY 2022). Revenue: HK$94.5b (up 85% from FY 2022). Net income: HK$9.07b (up HK$16.2b from FY 2022). Profit margin: 9.6% (up from net loss in FY 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 13Cathay Pacific Airways Limited, Annual General Meeting, May 08, 2024Cathay Pacific Airways Limited, Annual General Meeting, May 08, 2024.
お知らせ • Dec 06Neo Financial, Cathay, and Mastercard Launch the New Cathay World Elite MastercardNeo Financial (Neo), Cathay, and Mastercard have launched the new Cathay World Elite Mastercard — powered by Neo. The only Canadian card that directly earns Asia Miles, the Cathay World Elite Mastercard will offer customers premium rewards on their everyday spending, exceptional travel benefits and insurance coverage, and the digital features of the Neo app. In addition, the card is the first World Elite Mastercard issued in Canada with a secured credit option. This secured option will benefit newcomers to Canada with guaranteed approval2 and no credit history required. Benefits enjoyed by cardholders include: Welcome offer: Receive up to 30,000 Asia Miles5 — enough to cover a one-way, Economy class flight from Vancouver to Hong Kong; 10% booking discount: For a limited time, cardholders can get up to 10% off Canada-origin Cathay Pacific flight bookings; Premium rewards: Earn one mile per dollar on every purchase in Canada7 and double the miles on purchases outside of Canada8 and on Cathay Pacific flights9. Plus, receive an average of 5x the miles10 at 12,000+ Neo merchant partners (including restaurants, cafes, apparel, and more), and up to 15x the miles10 on first-time purchases; Travel benefits: Get priority online check-in, access to 1,300+ DragonPass airport lounges in more than 140 countries, and Wi-Fi in-flight and at 1M+ Boingo hotspots around the world; Significant insurance coverage1: Enjoy peace of mind with protection against flight cancellation, baggage loss, flight delay, car rental theft and damage, and more. Helpful digital features: Access Neo’s intuitive digital tools, including 24/7 chat support, in-app card management, and real-time notifications; Access to Priceless Experiences: From culinary lessons to museum visits, cardholders will be able to create memories through Priceless Experiences available exclusively on Priceless.com - available in 15 countries in Asia-Pacific as well as Canada.
Buying Opportunity • Nov 09Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 10.0%. The fair value is estimated to be €1.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 15% per annum over the same time period.
Buying Opportunity • Oct 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be €1.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings is also forecast to grow by 15% per annum over the same time period.
お知らせ • Sep 29Cathay Pacific Airways Limited to Report Fiscal Year 2023 Results on Mar 13, 2024Cathay Pacific Airways Limited announced that they will report fiscal year 2023 results on Mar 13, 2024
お知らせ • Sep 08Cathay Pacific Names Shanna Docherty as Regional Head of Trade Sales for MEACathay Pacific has appointed Shanna Docherty as Regional Head of Trade Sales for the Middle East and Africa (MEA). In her new role, Docherty is responsible for identifying new business opportunities and strategically optimising revenue across the airline's channel partners. Docherty has been an ardent advocate for the empowerment of women in the aviation sector since joining Cathay Pacific in 2019 as Cargo Manager. Previously having worked for Virgin Atlantic in the United Kingdom and South Africa, as well as Air France and KLM, she has 14 years of comprehensive aviation experience and brings a deep understanding of commercial acumen, effective people management, and a genuine respect for cultural diversity. Under her guidance, the airline aims to enhance its offerings and elevate the customer travel experience, while also reinforcing the importance of the Middle East and Africa to Cathay Pacific, which operates scheduled passenger flights to Dubai and Johannesburg.
お知らせ • Sep 02Cathay Pacific Airways Limited Announces Management Changes in Cathay Pacific Southeast AsiaCathay Pacific Airways Limited announce changes to key management roles across the region. Cathay Pacific's regional office in Singapore will see the following appointments: Jonathan Ng, Regional Head of Customer Travel and Lifestyle, Southeast Asia. He replaces Ray Fung, who is now Head of Lifestyle Strategy and Partnerships in Hong Kong. Jonathan joined Cathay Pacific in 2011 and has worked in several key positions across various markets, including Hong Kong, the Chinese Mainland, Bahrain, Saudi Arabia and the United Arab Emirates. Prior to his current role, Jonathan was seconded to HK Express as General Manager, Corporate Planning, he was part of the transition team following the acquisition of the low-cost carrier by the Cathay Group. Ashish Kapur, Regional Head of Cargo, Southeast Asia, effective 1 September 2023. He replaces Siddhant Iyer, who will take on the role of Head of Cargo Markets and Customer Solutions in Hong Kong. Ashish's career with Cathay Pacific spans more than 22 years. During this time, he has held several managerial positions across various markets, including India, Africa, the Middle East and Northern Europe. Prior to his current role, he was Area Manager for Northern Europe, where he oversaw the entire Northern European operations and managed the teams based in the Netherlands, Belgium, Germany, Switzerland and Scandinavia.
Reported Earnings • Aug 11First half 2023 earnings released: EPS: HK$0.61 (vs HK$0.82 loss in 1H 2022)First half 2023 results: EPS: HK$0.61 (up from HK$0.82 loss in 1H 2022). Revenue: HK$43.6b (up 135% from 1H 2022). Net income: HK$3.96b (up HK$9.26b from 1H 2022). Profit margin: 9.1% (up from net loss in 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 95% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (95% net debt to equity). Large one-off items impacting financial results.
お知らせ • Jul 23Cathay Pacific Airways Limited Appoints Mr. Wang Mingyuan as Non-Executive Director with Effect from 24 July 2023The Board of Directors (the "Board") of Cathay Pacific Airways Limited (the "Company") announces that Mr. WANG Mingyuan ("Mr. Wang") has been appointed as a Non-Executive Director of the Company with effect from 24th July 2023. Mr. WANG Mingyuan, aged 57, graduated from Xiamen University majoring in planning and statistics. Mr. Wang started his career in the civil aviation industry in July 1988. Mr. Wang was appointed as a member of the Standing Committee of the Communist Party Committee of Air China Limited ("Air China") in February 2011, and served as the vice president of Air China from February 2011 to March 2023. Since April 2011, he has concurrently served as chairman of Air China Development Corporation (Hong Kong) Limited. He was appointed as a member of the Communist Party Group of China National Aviation Holding Corporation Limited ("CNAHC") in April 2020, and served as the deputy general manager of CNAHC from April 2020 to January 2023. He has also served as the vice chairman of Tibet Airlines Co. Ltd. since June 2020 and the chairman of Air Macau Company Limited since March 2022. He was appointed as a director, the general manager and deputy secretary of the Communist Party Group of CNAHC in January 2023, and was appointed as the deputy secretary of the Communist Party Committee of Air China in February 2023. He has been serving as the President, Director and Vice Chairman of Air China since March 2023.
お知らせ • Jul 14Cathay Pacific Airways Limited Provides Unaudited Consolidated Financial Guidance of the Group for the Six-Month Period Ended 30Th June 2023Cathay Pacific Airways Limited provided unaudited consolidated financial guidance of the Group for the six-month period ended 30th June 2023. The Group is expected to record a consolidated profit attributable to shareholders of approximately HKD 4.0 to HKD 4.5 billion. This compares to the attributable loss to shareholders of HKD 4,999 million for the six-month period ended 30th June 2022.
お知らせ • May 19Cathay Pacific Airways Limited to Report Q2, 2023 Results on Aug 09, 2023Cathay Pacific Airways Limited announced that they will report Q2, 2023 results on Aug 09, 2023
Reported Earnings • Mar 09Full year 2022 earnings released: HK$1.11 loss per share (vs HK$0.95 loss in FY 2021)Full year 2022 results: HK$1.11 loss per share (further deteriorated from HK$0.95 loss in FY 2021). Revenue: HK$51.0b (up 12% from FY 2021). Net loss: HK$7.16b (loss widened 17% from FY 2021). Available seat kilometres (ASK): 20.06b (up 52% from FY 2021). Passenger load factor: 73.6% (up from 31.1% in FY 2021). Operating revenue per available seat kilometre (Oper. RASK): HK$2.55 (down from HK$3.45 in FY 2021). Total aircraft: 222 (up by 62 from FY 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Airlines industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Jan 21Cathay Pacific Airways Limited Provides Group Earnings Guidance for the Year 2022 and Operating Guidance for the Year 2023Cathay Pacific Airways Limited provided group earnings guidance for the year 2022 and operating guidance for the year 2023. Based on a preliminary review of the unaudited consolidated management accounts of the Cathay Pacific Group for the year ended 31 December 2022 and the information currently available to the Board of Directors of Cathay Pacific, the Group is expected to record a consolidated loss attributable to shareholders of approximately HKD 6.4 billion - HKD 7.0 billion. This compares to the attributable loss to shareholders of HKD 5.5 billion for the year ended 31 December 2021. The second-half 2022 results for the Group's airlines and subsidiaries were a marked improvement over the first-half 2022 results, although still a small loss overall for the full year of 2022.For the year 2023, the company anticipates it will be operating about 70% of pre-pandemic passenger flight capacity by the end of 2023 with the aim of returning to pre-pandemic levels by the end of 2024. The company's aim to operate more than 100 return flights per week to and from 14 cities in the Chinese Mainland by the end of February 2023.
お知らせ • Jan 12Cathay Pacific Airways Limited Announces Board ChangesThe Board of Directors of Cathay Pacific Airways Limited announced that: Mr. Samuel Compton SWIRE (‘Mr. Swire’) has resigned as a Non-Executive Director of the Company; and Mr. Gordon Douglas MCCALLUM (‘Mr. McCallum’) has been appointed as a Non-Executive Director of the Company, such resignation and appointment to take effect on January 12, 2023. Mr. Swire has confirmed that he is not aware of any matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company. He has also confirmed that he has resigned to devote more time to the businesses of John Swire & Sons Limited (‘JS&SL’, the holding company of the wider Swire group) and that he has no disagreement with the Board of the Company. Mr. McCallum, aged 62, is a director of JS&SL and Swire Pacific Limited (‘SPAC’). He is chairman of Argent Energy Holdings Limited, a wholly-owned subsidiary of JS&SL, and of Zopa Group Limited. He is also a director of Zopa Bank Limited, and a senior advisor to Searchlight Capital Partners. He was a non-executive director of Virgin Atlantic Airways Limited and associated companies from 2013 to 2022, also serving as chairman of the audit committee during this period. He was also a director of Global Risk Partners Limited from 2020 to 2022. He holds a Master of Arts degree from the University of Oxford and a Master of Business Administration degree from the Wharton School at the University of Pennsylvania. As at the date of this announcement, the Directors of the Company are: Executive Directors: Patrick Healy (Chair), Gregory Hughes, Ronald Lam, Lavinia Lau, Rebecca Sharpe; Non-Executive Directors: Ma Chongxian (Deputy Chair), Guy Bradley, Sun Yuquan, Merlin Swire, Samuel Swire, Xiao Feng, Zhang Zhuo Ping; Independent Non-Executive Directors: Bernard Chan, John Harrison, Christoph Mueller and Andrew Tung.
お知らせ • Sep 30Cathay Pacific Airways Limited to Report Fiscal Year 2022 Final Results on Mar 08, 2023Cathay Pacific Airways Limited announced that they will report fiscal year 2022 final results on Mar 08, 2023
Reported Earnings • Aug 11First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up HK$7.86b from 1H 2021). Profit margin: (up from net loss in 1H 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 51%, compared to a 78% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 10Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: HK$0.95 loss per share (up from HK$4.24 loss in FY 2020). Revenue: HK$45.6b (down 2.9% from FY 2020). Net loss: HK$6.12b (loss narrowed 72% from FY 2020). Revenue exceeded analyst estimates by 7.9%. Over the next year, revenue is forecast to grow 14%, compared to a 156% growth forecast for the airlines industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
Executive Departure • Aug 27Non-Executive Director Martin James Murray has left the companyOn the 25th of August, Martin James Murray's tenure as Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Martin James' name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 2.00 years.
Reported Earnings • Aug 14First half 2021 earnings released: HK$1.22 loss per share (vs HK$2.51 loss in 1H 2020)The company reported a soft first half result with weaker revenues and control over costs, although losses reduced. First half 2021 results: Revenue: HK$15.9b (down 43% from 1H 2020). Net loss: HK$7.86b (loss narrowed 20% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Executive Departure • Apr 22Group General Counsel & Company Secretary has left the companyOn the 19th of April, Koon Ying Chow's tenure as Group General Counsel & Company Secretary ended after 1.3 years in the role. We don't have any record of a personal shareholding under Koon Ying's name. A total of 4 executives have left over the last 12 months.
Reported Earnings • Apr 09Full year 2020 earnings released: HK$4.24 loss per share (vs HK$0.43 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$46.9b (down 56% from FY 2019). Net loss: HK$21.9b (down HK$23.6b from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Executive Departure • Apr 07Non-Executive Director has left the companyOn the 1st of April, Mei Shuen Low's tenure as Non-Executive Director ended after 3.5 years in the role. As of December 2020, Mei Shuen personally held only 1.63k shares (€1.2k worth at the time). A total of 4 executives have left over the last 12 months.
Analyst Estimate Surprise Post Earnings • Mar 12Revenue beats expectationsRevenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 29%, compared to a 48% growth forecast for the Airlines industry in Germany.
Reported Earnings • Mar 12Full year 2020 earnings released: HK$4.24 loss per share (vs HK$0.43 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: HK$46.9b (down 56% from FY 2019). Net loss: HK$21.9b (down HK$23.6b from profit in FY 2019). Available seat kilometres (ASK): 34.61b (down 79% from FY 2019). Passenger load factor: 58.0% (down from 82.3% in FY 2019). Revenue per available seat kilometre (RASK): 135.6% (up from 65.5% in FY 2019). Total aircraft: 239 (up by 5 from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
