China Express AirlinesLTD Past Earnings Performance
Past criteria checks 0/6
China Express AirlinesLTD's earnings have been declining at an average annual rate of -64.2%, while the Airlines industry saw earnings growing at 3% annually. Revenues have been declining at an average rate of 7.9% per year.
Key information
-64.2%
Earnings growth rate
-62.6%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | -7.9% |
| Return on equity | -34.6% |
| Net Margin | -26.0% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How China Express AirlinesLTD makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 4,468 | -1,161 | 652 | 18 |
| 30 Jun 23 | 3,607 | -1,773 | 624 | 19 |
| 31 Mar 23 | 3,088 | -1,794 | 573 | 22 |
| 31 Dec 22 | 2,643 | -1,974 | 568 | 21 |
| 30 Sep 22 | 2,712 | -1,492 | 441 | 24 |
| 30 Jun 22 | 2,887 | -1,077 | 464 | 23 |
| 31 Mar 22 | 3,464 | -520 | 486 | 19 |
| 01 Jan 22 | 3,965 | -113 | 510 | 21 |
| 30 Sep 21 | 4,683 | 311 | 548 | 22 |
| 30 Jun 21 | 5,073 | 616 | 551 | 22 |
| 31 Mar 21 | 4,779 | 661 | 523 | 23 |
| 31 Dec 20 | 4,728 | 613 | 489 | 20 |
| 30 Sep 20 | 4,699 | 308 | 475 | 9 |
| 30 Jun 20 | 4,912 | 370 | 452 | 8 |
| 31 Mar 20 | 5,207 | 320 | 446 | 7 |
| 01 Jan 20 | 5,407 | 502 | 440 | 6 |
| 30 Sep 19 | 5,158 | 416 | 381 | 3 |
| 30 Jun 19 | 4,711 | 266 | 370 | 1 |
| 31 Mar 19 | 4,519 | 251 | 363 | 0 |
| 31 Dec 18 | 4,260 | 247 | 357 | 0 |
| 30 Sep 18 | 4,097 | 250 | 379 | 1 |
| 30 Jun 18 | 3,943 | 333 | 370 | 1 |
| 31 Mar 18 | 3,708 | 379 | 354 | 0 |
| 31 Dec 17 | 3,448 | 374 | 334 | 0 |
| 30 Sep 17 | 3,117 | 373 | 299 | 0 |
| 31 Dec 16 | 2,551 | 346 | 233 | 0 |
| 31 Dec 15 | 1,792 | 242 | 166 | 0 |
Quality Earnings: 002928 is currently unprofitable.
Growing Profit Margin: 002928 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002928 is unprofitable, and losses have increased over the past 5 years at a rate of 64.2% per year.
Accelerating Growth: Unable to compare 002928's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 002928 is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (138.5%).
Return on Equity
High ROE: 002928 has a negative Return on Equity (-34.6%), as it is currently unprofitable.