China Express Airlines Co.,LTD

SZSE:002928 Stock Report

Market Cap: CN¥10.4b

China Express AirlinesLTD Past Earnings Performance

Past criteria checks 3/6

China Express AirlinesLTD's earnings have been declining at an average annual rate of -48.2%, while the Airlines industry saw earnings growing at 34.4% annually. Revenues have been declining at an average rate of 0.07% per year. China Express AirlinesLTD's return on equity is 1.2%, and it has net margins of 0.6%.

Key information

-48.2%

Earnings growth rate

-47.8%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate-0.07%
Return on equity1.2%
Net Margin0.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

China Express AirlinesLTD's (SZSE:002928) Solid Earnings Are Supported By Other Strong Factors

Nov 07
China Express AirlinesLTD's (SZSE:002928) Solid Earnings Are Supported By Other Strong Factors

Recent updates

China Express AirlinesLTD (SZSE:002928) Has A Somewhat Strained Balance Sheet

Dec 23
China Express AirlinesLTD (SZSE:002928) Has A Somewhat Strained Balance Sheet

Investors Appear Satisfied With China Express Airlines Co.,LTD's (SZSE:002928) Prospects As Shares Rocket 26%

Nov 11
Investors Appear Satisfied With China Express Airlines Co.,LTD's (SZSE:002928) Prospects As Shares Rocket 26%

China Express AirlinesLTD's (SZSE:002928) Solid Earnings Are Supported By Other Strong Factors

Nov 07
China Express AirlinesLTD's (SZSE:002928) Solid Earnings Are Supported By Other Strong Factors

Estimating The Fair Value Of China Express Airlines Co.,LTD (SZSE:002928)

Oct 03
Estimating The Fair Value Of China Express Airlines Co.,LTD (SZSE:002928)

Market Participants Recognise China Express Airlines Co.,LTD's (SZSE:002928) Revenues

Sep 12
Market Participants Recognise China Express Airlines Co.,LTD's (SZSE:002928) Revenues

Revenues Tell The Story For China Express Airlines Co.,LTD (SZSE:002928) As Its Stock Soars 37%

May 21
Revenues Tell The Story For China Express Airlines Co.,LTD (SZSE:002928) As Its Stock Soars 37%

China Express Airlines Co.,LTD's (SZSE:002928) Earnings Haven't Escaped The Attention Of Investors

Mar 28
China Express Airlines Co.,LTD's (SZSE:002928) Earnings Haven't Escaped The Attention Of Investors

Revenue & Expenses Breakdown

How China Express AirlinesLTD makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SZSE:002928 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,4543954018
30 Jun 246,147-18753021
31 Mar 245,722-66458022
31 Dec 235,151-96559023
30 Sep 234,468-1,16165218
30 Jun 233,607-1,77362419
31 Mar 233,088-1,79457322
01 Jan 232,643-1,97456821
30 Sep 222,712-1,49244124
30 Jun 222,887-1,07746423
31 Mar 223,464-52048619
01 Jan 223,965-11351021
30 Sep 214,68331154822
30 Jun 215,07361655122
31 Mar 214,77966152323
31 Dec 204,72861348920
30 Sep 204,6993084759
30 Jun 204,9123704528
31 Mar 205,2073204467
01 Jan 205,4075024406
30 Sep 195,1584163813
30 Jun 194,7112663701
31 Mar 194,5192513630
31 Dec 184,2602473570
30 Sep 184,0972503791
30 Jun 183,9433333701
31 Mar 183,7083793540
31 Dec 173,4483743340
30 Sep 173,1173732990
31 Dec 162,5513462330
31 Dec 151,7922421660

Quality Earnings: 002928 has high quality earnings.

Growing Profit Margin: 002928 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 002928 has become profitable over the past 5 years, growing earnings by -48.2% per year.

Accelerating Growth: 002928 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 002928 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Airlines industry (36.8%).


Return on Equity

High ROE: 002928's Return on Equity (1.2%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 19:41
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 Express Airlines Co.,LTD is covered by 14 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hongwei HuangChasing Securities
Qikun WuChina International Capital Corporation Limited
Xin YangChina International Capital Corporation Limited