View ValuationCathay Pacific Airways 향후 성장Future 기준 점검 0/6Cathay Pacific Airways (는) 각각 연간 1.2% 및 5.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 1.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 15.5% 로 예상됩니다.핵심 정보1.2%이익 성장률1.22%EPS 성장률Airlines 이익 성장8.5%매출 성장률5.4%향후 자기자본이익률15.49%애널리스트 커버리지Good마지막 업데이트29 Jun 2026최근 향후 성장 업데이트공시 • 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.공시 • 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.모든 업데이트 보기Recent updates공시 • 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, 2026공시 • 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.공시 • Dec 23Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026.공시 • 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, 2026공시 • 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, 2025공시 • 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.공시 • 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, 2025공시 • 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.공시 • 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.공시 • 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%).공시 • 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.공시 • Mar 13Cathay Pacific Airways Limited, Annual General Meeting, May 08, 2024Cathay Pacific Airways Limited, Annual General Meeting, May 08, 2024.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.이익 및 매출 성장 예측DB:CTY - 애널리스트 향후 추정치 및 과거 재무 데이터 (HKD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028139,14210,84319,63424,6651112/31/2027130,63910,23217,42623,9181412/31/2026128,4948,75611,39718,7661412/31/2025116,76610,82815,55125,381N/A9/30/2025112,92110,35714,61924,731N/A6/30/2025109,0769,88613,68724,081N/A3/31/2025106,7249,74714,01123,811N/A12/31/2024104,3719,60714,33423,541N/A9/30/2024102,4349,04412,31020,771N/A6/30/2024100,4968,48010,28618,000N/A3/31/202497,4918,77414,94722,204N/A12/31/202394,4859,06719,60726,408N/A9/30/202385,2825,54423,24228,815N/A6/30/202376,0782,02126,87731,221N/A3/31/202363,557-2,60820,49224,529N/A12/31/202251,036-7,23714,10717,836N/A9/30/202249,660-5,40012,25715,441N/A6/30/202248,284-3,56410,40713,046N/A3/31/202246,936-4,8438,48310,941N/A12/31/202145,587-6,1236,5598,835N/A9/30/202140,353-12,996-1,4862,043N/A6/30/202135,119-19,869-9,531-4,749N/A3/31/202141,027-20,872-14,620-9,520N/A12/31/202046,934-21,876-19,709-14,291N/A9/30/202064,015-15,698-14,260-8,467N/A6/30/202081,095-9,521-8,812-2,643N/A3/31/202094,034-3,915-2,8206,350N/A12/31/2019106,9731,6913,17115,342N/A9/30/2019109,2512,823N/A15,621N/A6/30/2019111,5293,955N/A15,900N/A3/31/2019111,2953,150N/A15,213N/A12/31/2018111,0602,345N/A14,525N/A9/30/2018107,7821,437N/A12,278N/A6/30/2018104,504529N/A10,030N/A3/31/2018100,894-365N/A7,177N/A12/31/201797,284-1,259N/A4,323N/A9/30/201795,105-2,119N/A4,130N/A6/30/201792,926-2,979N/A3,937N/A3/31/201792,839-1,777N/A5,023N/A12/31/201692,751-575N/A6,108N/A9/30/201695,1941,903N/A9,139N/A6/30/201697,6374,381N/A12,169N/A3/31/201699,9905,191N/A14,082N/A12/31/2015102,3426,000N/A15,995N/A9/30/2015103,9415,388N/A14,587N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: CTY 의 연간 예상 수익 증가율(1.2%)이 saving rate(1.9%) 미만입니다.수익 vs 시장: CTY 의 연간 수익(1.2%)이 German 시장(17%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: CTY 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: CTY 의 수익(연간 5.4%)이 German 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: CTY 의 수익(연간 5.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: CTY의 자본 수익률은 3년 후 15.5%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YTransportation 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/02 01:23종가2026/07/02 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Cathay Pacific Airways Limited는 28명의 분석가가 다루고 있습니다. 이 중 14명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Patrick XuBarclaysWei FangBNP ParibasNathan GeeBofA Global Research25명의 분석가 더 보기
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • Dec 23Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026Cathay Pacific Airways Limited, Annual General Meeting, May 13, 2026.
공시 • 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
공시 • 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
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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%).
공시 • 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.
공시 • Mar 13Cathay Pacific Airways Limited, Annual General Meeting, May 08, 2024Cathay Pacific Airways Limited, Annual General Meeting, May 08, 2024.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.