Cathay Pacific Airways Limited

SEHK:293 Stock Report

Market Cap: HK$54.3b

Cathay Pacific Airways Past Earnings Performance

Past criteria checks 2/6

Cathay Pacific Airways has been growing earnings at an average annual rate of 4.7%, while the Airlines industry saw earnings growing at 3.9% annually. Revenues have been declining at an average rate of 12.6% per year. Cathay Pacific Airways's return on equity is 16.3%, and it has net margins of 9.6%.

Key information

4.7%

Earnings growth rate

2.8%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate-12.6%
Return on equity16.3%
Net Margin9.6%
Next Earnings Update07 Aug 2024

Recent past performance updates

Cathay Pacific Airways' (HKG:293) Promising Earnings May Rest On Soft Foundations

Apr 09
Cathay Pacific Airways' (HKG:293) Promising Earnings May Rest On Soft Foundations

Recent updates

Investors Interested In Cathay Pacific Airways Limited's (HKG:293) Revenues

Apr 26
Investors Interested In Cathay Pacific Airways Limited's (HKG:293) Revenues

Cathay Pacific Airways' (HKG:293) Promising Earnings May Rest On Soft Foundations

Apr 09
Cathay Pacific Airways' (HKG:293) Promising Earnings May Rest On Soft Foundations

Is Cathay Pacific Airways (HKG:293) A Risky Investment?

Mar 15
Is Cathay Pacific Airways (HKG:293) A Risky Investment?

Is Cathay Pacific Airways Limited (HKG:293) Potentially Undervalued?

Feb 28
Is Cathay Pacific Airways Limited (HKG:293) Potentially Undervalued?

Cathay Pacific Airways (HKG:293) Seems To Use Debt Quite Sensibly

Dec 12
Cathay Pacific Airways (HKG:293) Seems To Use Debt Quite Sensibly

Should You Investigate Cathay Pacific Airways Limited (HKG:293) At HK$8.04?

Nov 23
Should You Investigate Cathay Pacific Airways Limited (HKG:293) At HK$8.04?

Estimating The Fair Value Of Cathay Pacific Airways Limited (HKG:293)

Nov 08
Estimating The Fair Value Of Cathay Pacific Airways Limited (HKG:293)

Cathay Pacific Airways (HKG:293) Shareholders Will Want The ROCE Trajectory To Continue

Oct 22
Cathay Pacific Airways (HKG:293) Shareholders Will Want The ROCE Trajectory To Continue

Cathay Pacific Airways (HKG:293) Seems To Use Debt Quite Sensibly

Sep 04
Cathay Pacific Airways (HKG:293) Seems To Use Debt Quite Sensibly

Should You Investigate Cathay Pacific Airways Limited (HKG:293) At HK$8.67?

Aug 09
Should You Investigate Cathay Pacific Airways Limited (HKG:293) At HK$8.67?

Cathay Pacific Airways Limited's (HKG:293) Intrinsic Value Is Potentially 58% Above Its Share Price

Jul 19
Cathay Pacific Airways Limited's (HKG:293) Intrinsic Value Is Potentially 58% Above Its Share Price

Returns On Capital Are Showing Encouraging Signs At Cathay Pacific Airways (HKG:293)

Jun 15
Returns On Capital Are Showing Encouraging Signs At Cathay Pacific Airways (HKG:293)

Cathay Pacific Airways (HKG:293) Takes On Some Risk With Its Use Of Debt

Apr 14
Cathay Pacific Airways (HKG:293) Takes On Some Risk With Its Use Of Debt

Cathay Pacific Airways (HKG:293) Shareholders Will Want The ROCE Trajectory To Continue

Mar 02
Cathay Pacific Airways (HKG:293) Shareholders Will Want The ROCE Trajectory To Continue

A Look At The Intrinsic Value Of Cathay Pacific Airways Limited (HKG:293)

Dec 12
A Look At The Intrinsic Value Of Cathay Pacific Airways Limited (HKG:293)

These 4 Measures Indicate That Cathay Pacific Airways (HKG:293) Is Using Debt Extensively

Oct 04
These 4 Measures Indicate That Cathay Pacific Airways (HKG:293) Is Using Debt Extensively

The Return Trends At Cathay Pacific Airways (HKG:293) Look Promising

Aug 11
The Return Trends At Cathay Pacific Airways (HKG:293) Look Promising

Does Cathay Pacific Airways (HKG:293) Have A Healthy Balance Sheet?

May 24
Does Cathay Pacific Airways (HKG:293) Have A Healthy Balance Sheet?

Time To Worry? Analysts Are Downgrading Their Cathay Pacific Airways Limited (HKG:293) Outlook

Mar 14
Time To Worry? Analysts Are Downgrading Their Cathay Pacific Airways Limited (HKG:293) Outlook

At HK$6.30, Is Cathay Pacific Airways Limited (HKG:293) Worth Looking At Closely?

Dec 18
At HK$6.30, Is Cathay Pacific Airways Limited (HKG:293) Worth Looking At Closely?

Is Cathay Pacific Airways (HKG:293) Weighed On By Its Debt Load?

Nov 02
Is Cathay Pacific Airways (HKG:293) Weighed On By Its Debt Load?

Calculating The Fair Value Of Cathay Pacific Airways Limited (HKG:293)

Oct 06
Calculating The Fair Value Of Cathay Pacific Airways Limited (HKG:293)

Should You Think About Buying Cathay Pacific Airways Limited (HKG:293) Now?

Sep 10
Should You Think About Buying Cathay Pacific Airways Limited (HKG:293) Now?

Analysts Have Just Cut Their Cathay Pacific Airways Limited (HKG:293) Revenue Estimates By 14%

Aug 12
Analysts Have Just Cut Their Cathay Pacific Airways Limited (HKG:293) Revenue Estimates By 14%

News Flash: 14 Analysts Think Cathay Pacific Airways Limited (HKG:293) Earnings Are Under Threat

Jun 29
News Flash: 14 Analysts Think Cathay Pacific Airways Limited (HKG:293) Earnings Are Under Threat

Is Cathay Pacific Airways (HKG:293) A Risky Investment?

Jun 27
Is Cathay Pacific Airways (HKG:293) A Risky Investment?

Should You Think About Buying Cathay Pacific Airways Limited (HKG:293) Now?

Mar 13
Should You Think About Buying Cathay Pacific Airways Limited (HKG:293) Now?

Cathay Pacific Airways' (HKG:293) Shareholders Are Down 45% On Their Shares

Jan 22
Cathay Pacific Airways' (HKG:293) Shareholders Are Down 45% On Their Shares

Revenue & Expenses Breakdown
Beta

How Cathay Pacific Airways makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SEHK:293 Revenue, expenses and earnings (HKD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2394,4859,06700
30 Sep 2385,2825,54400
30 Jun 2376,0782,09600
31 Mar 2363,557-2,53300
31 Dec 2251,036-7,23700
30 Sep 2249,660-5,40000
30 Jun 2248,284-3,56400
31 Mar 2246,936-4,84300
31 Dec 2145,587-6,12300
30 Sep 2140,353-12,996-620
30 Jun 2135,119-19,869-1250
31 Mar 2141,027-20,872-620
31 Dec 2046,934-21,87600
30 Sep 2064,015-15,6982180
30 Jun 2081,095-9,5214360
31 Mar 2094,034-3,9156820
31 Dec 19106,9731,6919270
30 Sep 19109,2512,8231,2980
30 Jun 19111,5293,9551,6690
31 Mar 19111,2953,1501,8720
31 Dec 18111,0602,3452,0750
30 Sep 18107,7821,4372,0280
30 Jun 18104,5045291,9810
31 Mar 18100,894-3651,9110
31 Dec 1797,284-1,2591,8410
30 Sep 1795,105-2,1191,7910
30 Jun 1792,926-2,9791,7400
31 Mar 1792,839-1,7771,7630
31 Dec 1692,751-5751,7860
30 Sep 1695,1941,9031,8130
30 Jun 1697,6374,3811,8400
31 Mar 1699,9905,1911,8270
31 Dec 15102,3426,0001,8140
30 Sep 15103,9415,3881,8110
30 Jun 15105,5394,7751,8070
31 Mar 15105,7653,9631,8140
31 Dec 14105,9913,1501,8200
30 Sep 14104,3663,0471,8270
30 Jun 14102,7402,9431,8340
31 Mar 14101,6122,7821,7910
31 Dec 13100,4842,6201,7470
30 Sep 1399,7922,2181,7030
30 Jun 1399,0991,8151,6580

Quality Earnings: 293 has a large one-off gain of HK$2.7B impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: 293 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 293 has become profitable over the past 5 years, growing earnings by 4.7% per year.

Accelerating Growth: 293 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 293 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Airlines industry (107%).


Return on Equity

High ROE: 293's Return on Equity (16.3%) is considered low.


Return on Assets


Return on Capital Employed


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