China Eastern Financials
| 600115 Stock | 4.12 0.01 0.24% |
Operating Margin 0.0928 | Profit Margin (0.04) | EPS Estimate Current Quarter (0.06) | PEG Ratio 2.146 | Return On Equity (0.18) |
China | Select Account or Indicator |
Understanding current and past China Eastern Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of China Eastern's financial statements are interrelated, with each one affecting the others. For example, an increase in China Eastern's assets may result in an increase in income on the income statement.
Please note, the presentation of China Eastern's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, China Eastern's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of China Eastern's management manipulating its earnings.
China Eastern Stock Summary
China Eastern competes with Guangdong Silvere, Air China, Tianjin Silvery, Chenzhou Jingui, and Dongfeng Automobile. China Eastern is entity of China. It is traded as Stock on SHG exchange.Specialization | Industrials, Transportation |
| Instrument | China Stock View All |
| Exchange | Shanghai Stock Exchange |
| ISIN | CNE000000TR0 |
| Business Address | 36 Hongxiang 3rd |
| Sector | Passenger Airlines |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.ceair.com |
| Phone | 86 21 2233 0932 |
You should never invest in China Eastern without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of China Stock, because this is throwing your money away. Analyzing the key information contained in China Eastern's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
China Eastern Key Financial Ratios
China Eastern's financial ratios allow both analysts and investors to convert raw data from China Eastern's financial statements into concise, actionable information that can be used to evaluate the performance of China Eastern over time and compare it to other companies across industries.| Revenue | 113.74 B | ||||
| Gross Profit | (12.94 B) | ||||
| EBITDA | 8.74 B | ||||
| Net Income | (8.17 B) | ||||
| Total Asset | 282.49 B |
China Eastern Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 285.2B | 284.7B | 288.8B | 285.7B | 282.5B | 256.3B | |
| Other Current Liab | 18.4B | 10.3B | 7.6B | 229M | 347M | 329.7M | |
| Other Liab | 12.9B | 12.8B | 12.8B | 12.9B | 14.8B | 10.9B | |
| Net Tangible Assets | 45.0B | 56.0B | 43.2B | 39.7B | 45.6B | 39.6B | |
| Accounts Payable | 2.2B | 3.5B | 3.4B | 3.7B | 16.1B | 16.9B | |
| Cash | 1.4B | 7.7B | 13.0B | 17.6B | 12.1B | 7.5B | |
| Other Assets | 4.1B | 5.4B | 10.5B | 14.1B | 16.3B | 17.1B | |
| Long Term Debt | 26.6B | 30.7B | 50.8B | 57.9B | 58.0B | 37.6B | |
| Net Receivables | 14.6B | 1.1B | 974M | 817M | 2.2B | 2.1B | |
| Inventory | 2.4B | 2.1B | 1.8B | 1.6B | 1.6B | 2.0B | |
| Other Current Assets | 1.3B | 9.3B | 9.8B | 4.8B | 7.1B | 4.6B | |
| Total Liab | 212.5B | 225.5B | 231.6B | 255.6B | 241.3B | 204.0B | |
| Short Long Term Debt | 25.2B | 57.2B | 45.0B | 49.2B | 39.6B | 37.1B | |
| Total Current Assets | 19.7B | 22.5B | 27.9B | 27.4B | 25.7B | 21.9B | |
| Intangible Assets | 1.8B | 11.7B | 11.7B | 2.5B | 2.8B | 4.5B | |
| Retained Earnings | 18.4B | 5.7B | (6.4B) | (44.5B) | (52.5B) | (49.9B) | |
| Net Debt | 50.5B | 80.2B | 82.8B | 89.6B | 85.6B | 79.0B | |
| Net Invested Capital | 120.8B | 144.1B | 149.4B | 136.2B | 138.3B | 144.8B | |
| Net Working Capital | (58.6B) | (77.3B) | (58.0B) | (79.0B) | (80.6B) | (84.6B) |
China Eastern Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 5.2B | 5.2B | 5.8B | 6.1B | 2.8B | 3.2B | |
| Total Revenue | 121.0B | 58.7B | 66.9B | 46.1B | 113.7B | 91.5B | |
| Gross Profit | 12.1B | (13.8B) | (14.9B) | (28.5B) | 1.3B | 1.4B | |
| Operating Income | 10.0B | (13.7B) | (14.6B) | (31.7B) | (2.2B) | (2.3B) | |
| Ebit | 7.8B | 9.3B | (15.1B) | (15.4B) | (13.8B) | (13.1B) | |
| Cost Of Revenue | 108.9B | 72.5B | 81.8B | 74.6B | 112.5B | 89.6B | |
| Income Before Tax | 4.3B | (16.5B) | (17.5B) | (40.2B) | (8.3B) | (8.7B) | |
| Net Income | 3.2B | (11.8B) | (12.2B) | (37.4B) | (8.2B) | (7.8B) | |
| Income Tax Expense | 926M | 819M | (3.9B) | (4.2B) | (3.8B) | (3.6B) | |
| Minority Interest | 3.6B | 3.6B | 2.9B | 1.1B | 446M | 423.7M | |
| Research Development | 160M | 176M | 315M | 305M | 277M | 200.9M | |
| Tax Provision | 819M | (3.9B) | (4.2B) | (254M) | 336M | 352.8M | |
| Net Interest Income | (5.1B) | (2.6B) | (5.5B) | (5.7B) | (2.3B) | (2.4B) | |
| Ebitda | 31.0B | (11.3B) | (11.7B) | (12.9B) | (11.6B) | (11.1B) |
China Eastern Key Cash Accounts
Cash flow analysis captures how much money flows into and out of China Eastern Airlines. It measures of how well China is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money China Eastern brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money China had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what China Eastern has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (16M) | (105M) | 148M | (7.3B) | (16.1B) | (15.3B) | |
| Change In Cash | 704M | 6.3B | 5.3B | 4.6B | (6.3B) | (6.0B) | |
| Net Borrowings | (8.0B) | (27.3B) | 17.7B | (9.0B) | (8.1B) | (7.7B) | |
| Dividends Paid | 5.5B | 6.3B | 5.2B | 5.2B | 5.3B | 4.5B | |
| Capital Expenditures | 7.6B | 7.2B | 10.8B | 10.0B | 18.7B | 14.5B | |
| Net Income | 3.2B | (11.8B) | (12.2B) | (37.4B) | (8.2B) | (7.8B) | |
| Change To Inventory | (457M) | 200M | 233M | 76M | 1M | 1.1M | |
| Depreciation | 21.4B | 21.7B | 22.1B | 21.1B | 24.3B | 19.8B | |
| Change To Netincome | 5.2B | 6.0B | 2.1B | 2.7B | 2.4B | 3.3B | |
| End Period Cash Flow | 1.4B | 7.7B | 13.0B | 17.5B | 11.7B | 8.0B | |
| Free Cash Flow | 21.4B | (6.0B) | (5.1B) | (16.5B) | 7.9B | 8.3B | |
| Other Non Cash Items | 5.7B | 5.8B | 6.4B | 9.6B | 7.4B | 6.5B |
China Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining China Eastern's current stock value. Our valuation model uses many indicators to compare China Eastern value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across China Eastern competition to find correlations between indicators driving China Eastern's intrinsic value. More Info.China Eastern Airlines is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value China Eastern by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for China Eastern's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.China Eastern Airlines Systematic Risk
China Eastern's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. China Eastern volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on China Eastern Airlines correlated with the market. If Beta is less than 0 China Eastern generally moves in the opposite direction as compared to the market. If China Eastern Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one China Eastern Airlines is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of China Eastern is generally in the same direction as the market. If Beta > 1 China Eastern moves generally in the same direction as, but more than the movement of the benchmark.
China Eastern Airlines Total Assets Over Time
China Eastern Thematic Clasifications
China Eastern Airlines is part of Airlines investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Major domestic and international airlines. Domestic and international airlines and airline services
This theme covers Major domestic and international airlines. Domestic and international airlines and airline services. Get More Thematic Ideas
| Airlines | View |
China Eastern November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of China Eastern help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of China Eastern Airlines. We use our internally-developed statistical techniques to arrive at the intrinsic value of China Eastern Airlines based on widely used predictive technical indicators. In general, we focus on analyzing China Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build China Eastern's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.0228 | |||
| Maximum Drawdown | 12.25 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.75 |
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When running China Eastern's price analysis, check to measure China Eastern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Eastern is operating at the current time. Most of China Eastern's value examination focuses on studying past and present price action to predict the probability of China Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Eastern's price. Additionally, you may evaluate how the addition of China Eastern to your portfolios can decrease your overall portfolio volatility.
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