China Airlines, Ltd.

TWSE:2610 Stock Report

Market Cap: NT$158.5b

China Airlines Past Earnings Performance

Past criteria checks 5/6

China Airlines has been growing earnings at an average annual rate of 43.1%, while the Airlines industry saw earnings growing at 30.7% annually. Revenues have been growing at an average rate of 6.6% per year. China Airlines's return on equity is 13.2%, and it has net margins of 5.2%.

Key information

43.1%

Earnings growth rate

42.2%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate6.6%
Return on equity13.2%
Net Margin5.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Shareholders Will Be Pleased With The Quality of China Airlines' (TWSE:2610) Earnings

Nov 26
Shareholders Will Be Pleased With The Quality of China Airlines' (TWSE:2610) Earnings

We Think China Airlines' (TWSE:2610) Profit Is Only A Baseline For What They Can Achieve

May 27
We Think China Airlines' (TWSE:2610) Profit Is Only A Baseline For What They Can Achieve

Recent updates

Shareholders Will Be Pleased With The Quality of China Airlines' (TWSE:2610) Earnings

Nov 26
Shareholders Will Be Pleased With The Quality of China Airlines' (TWSE:2610) Earnings

Investors Aren't Buying China Airlines, Ltd.'s (TWSE:2610) Earnings

Oct 06
Investors Aren't Buying China Airlines, Ltd.'s (TWSE:2610) Earnings

These 4 Measures Indicate That China Airlines (TWSE:2610) Is Using Debt Reasonably Well

Sep 17
These 4 Measures Indicate That China Airlines (TWSE:2610) Is Using Debt Reasonably Well

Returns On Capital Are Showing Encouraging Signs At China Airlines (TWSE:2610)

Aug 30
Returns On Capital Are Showing Encouraging Signs At China Airlines (TWSE:2610)

China Airlines (TWSE:2610) Is Paying Out A Larger Dividend Than Last Year

Jul 12
China Airlines (TWSE:2610) Is Paying Out A Larger Dividend Than Last Year

China Airlines' (TWSE:2610) Dividend Will Be Increased To NT$0.6902

Jun 23
China Airlines' (TWSE:2610) Dividend Will Be Increased To NT$0.6902

We Think China Airlines (TWSE:2610) Can Stay On Top Of Its Debt

May 28
We Think China Airlines (TWSE:2610) Can Stay On Top Of Its Debt

We Think China Airlines' (TWSE:2610) Profit Is Only A Baseline For What They Can Achieve

May 27
We Think China Airlines' (TWSE:2610) Profit Is Only A Baseline For What They Can Achieve

Returns On Capital At China Airlines (TWSE:2610) Have Stalled

Feb 26
Returns On Capital At China Airlines (TWSE:2610) Have Stalled

Revenue & Expenses Breakdown

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

Earnings and Revenue History

TWSE:2610 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24198,17910,29514,9270
30 Jun 24193,8458,76414,5080
31 Mar 24190,7698,61214,0370
31 Dec 23184,8176,81913,6730
30 Sep 23176,5066,13912,9220
30 Jun 23166,5223,96711,5410
31 Mar 23156,1811,09310,1580
31 Dec 22150,7222,8608,7850
30 Sep 22158,95011,4437,5930
30 Jun 22155,72614,2347,2640
31 Mar 22148,24713,4727,1700
31 Dec 21138,8419,3807,3340
30 Sep 21121,4413,7175,7210
30 Jun 21113,579925,6680
31 Mar 21110,5212,8945,8310
31 Dec 20115,2511406,8470
30 Sep 20127,626-2,8758,1750
30 Jun 20144,019-1,82710,0860
31 Mar 20160,596-4,72911,9390
31 Dec 19168,444-1,20012,1620
30 Sep 19170,80617412,6380
30 Jun 19172,99891512,5810
31 Mar 19171,3821,42112,1760
31 Dec 18170,7121,79012,3270
30 Sep 18167,8342,52512,3230
30 Jun 18163,1804,39612,3100
31 Mar 18160,0606,09412,3750
31 Dec 17156,1222,20812,2150
30 Sep 17150,188-28412,1150
30 Jun 17146,198-2,72212,2680
31 Mar 17141,877-4,65312,3460
31 Dec 16141,07957212,5880
30 Sep 16140,5692,47112,3900
30 Jun 16141,1054,09111,9240
31 Mar 16142,8915,37711,5810
31 Dec 15145,0565,76411,3160
30 Sep 15148,0176,93111,0880
30 Jun 15151,1725,97510,8940
31 Mar 15152,4993,82510,8220
31 Dec 14150,582-75110,2700
30 Sep 14149,534-4,0629,5870
30 Jun 14146,634-3,8109,2380
31 Mar 14143,874-2,8949,2930
31 Dec 13141,703-1,2749,5300

Quality Earnings: 2610 has high quality earnings.

Growing Profit Margin: 2610's current net profit margins (5.2%) are higher than last year (3.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2610's earnings have grown significantly by 43.1% per year over the past 5 years.

Accelerating Growth: 2610's earnings growth over the past year (67.7%) exceeds its 5-year average (43.1% per year).

Earnings vs Industry: 2610 earnings growth over the past year (67.7%) exceeded the Airlines industry 58.4%.

Return on Equity

High ROE: 2610's Return on Equity (13.2%) 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 Analysis2024/12/18 11:07
End of Day Share Price 2024/12/18 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 Airlines, Ltd. is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan GeeBofA Global Research
Kaseedit ChoonnawatCitigroup Inc
Kuan-Chun ChenCLSA