Cathay Pacific Airways Limited

SEHK:293 Stock Report

Market Cap: HK$60.1b

Cathay Pacific Airways Past Earnings Performance

Past criteria checks 5/6

Cathay Pacific Airways has been growing earnings at an average annual rate of 31.1%, while the Airlines industry saw earnings growing at 34.4% annually. Revenues have been declining at an average rate of 2.5% per year. Cathay Pacific Airways's return on equity is 14.9%, and it has net margins of 8.4%.

Key information

31.1%

Earnings growth rate

29.5%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate-2.5%
Return on equity14.9%
Net Margin8.4%
Next Earnings Update12 Mar 2025

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

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

Oct 03
Cathay Pacific Airways (HKG:293) Shareholders Will Want The ROCE Trajectory To Continue

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

Jun 13
Cathay Pacific Airways (HKG:293) Shareholders Will Want The ROCE Trajectory To Continue

Cathay Pacific Airways Limited (HKG:293) Shares Could Be 28% Below Their Intrinsic Value Estimate

May 27
Cathay Pacific Airways Limited (HKG:293) Shares Could Be 28% Below Their Intrinsic Value Estimate

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?

Revenue & Expenses Breakdown

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
30 Jun 24100,4968,48000
31 Mar 2497,4918,77400
31 Dec 2394,4859,06700
30 Sep 2385,2825,54400
30 Jun 2376,0782,02100
31 Mar 2363,557-2,60800
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

Quality Earnings: 293 has high quality earnings.

Growing Profit Margin: 293's current net profit margins (8.4%) are higher than last year (2.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 293 has become profitable over the past 5 years, growing earnings by 31.1% per year.

Accelerating Growth: 293's earnings growth over the past year (319.6%) exceeds its 5-year average (31.1% per year).

Earnings vs Industry: 293 earnings growth over the past year (319.6%) exceeded the Airlines industry 36.8%.


Return on Equity

High ROE: 293's Return on Equity (14.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 22:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
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

Cathay Pacific Airways Limited is covered by 35 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick XuBarclays
Arnaud BouchetBNP Paribas Securities (Asia)
Jianping DUBOCI Research Ltd.