China Eastern Airlines Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Tiexiang Liu

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	2.8yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO

Tiexiang Liu (57 yo)

less than a year

Tenure

Mr. Tiexiang Liu is the Vice Chairman of the Board of China Eastern Airlines Corporation Limited since November 8, 2024 and serves as its President & Director since October 22, 2024. He was Vice President...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tiexiang Liu	Vice Chairman & President	less than a year	no data	no data
Qimin Zhou	Deputy GM	4.3yrs	no data	no data
Qingchao Wan	Deputy General Manager	1.3yrs	no data	no data
Huaxin Zhou	Head of Corporate Affairs Department & Employee Representative Supervisor	no data	no data	no data
Lijun Guo	Chief Economist & Chairman of the Supervisory Committee	7yrs	no data	no data

2.8yrs

Average Tenure

53yo

Average Age

Experienced Management: 600115's management team is considered experienced (2.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tiexiang Liu	Vice Chairman & President	less than a year	no data	no data
Huaxin Zhou	Head of Corporate Affairs Department & Employee Representative Supervisor	4yrs	no data	no data
Lijun Guo	Chief Economist & Chairman of the Supervisory Committee	3.8yrs	no data	no data
Xiongwen Lu	Independent Director	3.5yrs	CN¥200.00k	no data
Zheng Sun	Independent Director	3.5yrs	CN¥200.00k	no data
Qun Luo	Independent Director	less than a year	no data	no data
Junxiu Guo	Shareholder Representative Supervisor	less than a year	no data	no data
Zhaoya Fang	Supervisor	5yrs	no data	no data
Zhiqing Wang	Chairman of the Board	1.1yrs	no data	no data
Zumin Shao	Shareholder Representative Supervisor	less than a year	no data	no data
Hongfeng Zheng	Independent Director	less than a year	no data	no data
Wing Yee Fung	Independent Director	less than a year	no data	no data

0.9yrs

Average Tenure

57yo

Average Age

Experienced Board: 600115's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 13:36
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

China Eastern Airlines Corporation Limited is covered by 65 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Patrick Xu	Barclays
Sarah Liu	BNP Paribas Securities (Asia)
Yifan Zhou	BOCI Research Ltd.

China Eastern Airlines Management

Management criteria checks 1/4

Key information

Recent management updates

China Eastern Airlines Corporation Limited Approves the Election of Director and Committee Members

China Eastern Airlines Corporation Limited Announces Resignation of Jiang Jiang as Employee Representative Director

China Eastern Airlines Corporation Limited Announces Resignation of Tang Bing as Director, Chairman and Member of the Planning, Development and Digitalization Committee

China Eastern Airlines Corporation Limited Approves Board and Committees Appointments

China Eastern Airlines Corporation Limited, Annual General Meeting, Apr 29, 2024

China Eastern Airlines Corporation Limited Elects Wang Zhiqing as Chairman, Member and the Chairman of the Nomination Committee and Remuneration Committee

Recent updates

China Eastern Airlines Corporation Limited Approves the Election of Director and Committee Members

China Eastern Airlines Launches over a Thousand International and Regional Flights Weekly for the New Flight Season

China Eastern Airlines Launches Direct Flights from Shanghai to Venice and Xi'an to Milan

China Eastern Airlines Corporation Limited to Report Q3, 2024 Results on Oct 31, 2024

China Eastern Airlines Corporation Limited Announces Resignation of Jiang Jiang as Employee Representative Director

China Eastern Airlines Corporation Limited to Report First Half, 2024 Results on Aug 31, 2024

China Eastern Airlines Corporation Limited Announces Resignation of Tang Bing as Director, Chairman and Member of the Planning, Development and Digitalization Committee

China Eastern Airlines Corporation Limited Approves Board and Committees Appointments

China Eastern Airlines to Inaugurate Direct Shanghai-Marseille Flight on July 2

China Eastern Airlines Corporation Limited, Annual General Meeting, Apr 29, 2024

China Eastern Airlines Corporation Limited Provides Revenue Guidance for the Year 2023

China Eastern Airlines Corporation Limited to Report Fiscal Year 2023 Results on Mar 29, 2024

China Eastern Airlines Launches Direct Flight Route Between Shanghai and Cairo

China Eastern Airlines Corporation Limited Elects Wang Zhiqing as Chairman, Member and the Chairman of the Nomination Committee and Remuneration Committee

China Eastern Airlines Opens Direct Flights Between Shanghai and Istanbul on September 28

China Eastern Airlines Opens Direct Flights Between Shanghai and Istanbul on September 28

China Eastern Airlines Corporation Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023

High number of new directors

China Eastern Airlines Corporation Limited Provides Earnings Guidance for the Year Ended December 31, 2022

High number of new and inexperienced directors

Consensus forecasts updated

Third quarter 2022 earnings released: CN¥0.50 loss per share (vs CN¥0.18 loss in 3Q 2021)

China Eastern Airlines Corporation Limited to Report Q3, 2022 Results on Oct 28, 2022

An unknown buyer completed the acquisition of Shanghai Eastern Union Aviation Wheels & Brakes Maintenance Services Overhaul Engineering Co from Shanghai Hute Aviation Technology.

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

China Eastern Airlines Corporation Limited to Report First Half, 2022 Results on Aug 30, 2022

China Eastern Airlines Corporation Limited Appoints Li Yangmin as Chairman, Chairman of Nomination and Remuneration Committee and Legal Representative

Consensus EPS estimates fall by 23%

China Eastern Airlines Corporation Limited Provides Preliminary Earnings Guidance for the First Half Ended June 30, 2022

Consensus EPS estimates fall by 11%

Consensus EPS estimates fall by 15%

China Eastern Airlines Corporation Limited, Annual General Meeting, Jun 29, 2022

China Eastern Airlines Corporation Limited announced that it expects to receive CNY 15 billion in funding from China Eastern Air Holding Company Limited and other investors

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

China Eastern Airlines Corporation Limited, Annual General Meeting, Apr 29, 2022

China Eastern Airlines Corporation Limited to Report Q1, 2022 Results on Apr 29, 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Now 20% undervalued

China Eastern Airlines Corporation Limited Provides Earnings Guidance for the Year Ended 31 December 2021

Second quarter 2021 earnings released: CN¥0.086 loss per share (vs CN¥0.28 loss in 2Q 2020)

Consensus forecasts updated

Independent Non-Executive Director Ruiqing Shao has left the company

Independent Non-Executive Director Hong-Ping Cai has left the company

First quarter 2021 earnings released: CN¥0.23 loss per share (vs CN¥0.24 loss in 1Q 2020)

Full year 2020 earnings released: CN¥0.72 loss per share (vs CN¥0.21 profit in FY 2019)

New 90-day high: CN¥5.05

China Eastern Airlines Corporation Limited to Report Fiscal Year 2020 Results on Mar 31, 2021

China Eastern Airlines Corporation Limited announced that it expects to receive CNY 10.827999998 billion in funding from China Eastern Air Holding Company Limited

China Eastern Airlines Corporation Limited Announces Board Changes

China Eastern Airlines Corporation Limited Announces Resignation of Xi Sheng as Chairman and Supervisor of the Supervisory Committee

China Eastern Airlines Corporation Limited Announces Resignation of Wang Junjin as Director

China Eastern Airlines Corporation Limited Announces Resignation Lin Wanl, an Independent Non-Executive Director

China Eastern Airlines Corporation Limited Approves Election of Zhou Huaxin as Employee Representative Supervisor of the Ninth Session of the Supervisory Committee

Revenue and earnings miss expectations

Third quarter 2020 earnings released: CN¥0.03 loss per share

New 90-day low: CN¥4.46

China Eastern Airlines Corporation Limited and Thales S.A./Acss Extends Their Avionics Partnership with Retrofit Upgrades for Improving Air Traffic Efficiency and Capacity

New 90-day high - CN¥5.17

Analysts lower revenue estimates to CN¥64.9b

First half earnings released

Analysts lower EPS estimates to -CN¥0.44

New 90-day high - CN¥4.92

China Eastern Airlines Corporation Limited to Report First Half, 2020 Results on Aug 29, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age