China Airlines, Ltd. Logo

China Airlines, Ltd.

2610.TW

(0.8)
Stock Price

23,85 TWD

2.91% ROA

11.77% ROE

14.02x PER

Market Cap.

124.925.582.250,00 TWD

101.7% DER

3.34% Yield

4.6% NPM

China Airlines, Ltd. Stock Analysis

China Airlines, Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

China Airlines, Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE in an average range (5.21%) suggests satisfactory profitability and decent utilization of shareholders' equity.

2 ROA

The stock's ROA (1.25%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

3 PBV

The stock's PBV ratio (1.81x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

4 DER

The company has a high debt to equity ratio (136%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

5 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

6 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

7 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-6.470), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

China Airlines, Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

China Airlines, Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

China Airlines, Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

China Airlines, Ltd. Revenue
Year Revenue Growth
2006 121.994.594.000
2007 126.993.020.000 3.94%
2008 125.221.067.000 -1.42%
2009 105.030.022.000 -19.22%
2010 147.666.007.000 28.87%
2011 142.310.680.000 -3.76%
2012 143.452.702.000 0.8%
2013 141.702.545.000 -1.24%
2014 150.581.742.000 5.9%
2015 145.056.217.000 -3.81%
2016 141.079.107.000 -2.82%
2017 156.121.785.000 9.64%
2018 170.711.607.000 8.55%
2019 168.444.160.000 -1.35%
2020 115.250.550.000 -46.15%
2021 138.841.403.000 16.99%
2022 150.722.471.000 7.88%
2023 190.726.104.000 20.97%
2023 184.816.790.000 -3.2%
2024 201.075.468.000 8.09%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

China Airlines, Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 95.000.000 100%
2014 125.000.000 24%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

China Airlines, Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 2.455.486.000
2007 2.479.260.000 0.96%
2008 2.481.919.000 0.11%
2009 3.574.360.000 30.56%
2010 3.127.268.000 -14.3%
2011 3.385.150.000 7.62%
2012 3.559.964.000 4.91%
2013 3.746.621.000 4.98%
2014 0 0%
2015 12.139.177.000 100%
2016 13.441.219.000 9.69%
2017 13.146.251.000 -2.24%
2018 13.185.148.000 0.3%
2019 14.021.107.000 5.96%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

China Airlines, Ltd. EBITDA
Year EBITDA Growth
2006 15.900.722.000
2007 12.172.097.000 -30.63%
2008 -22.555.572.000 153.96%
2009 7.915.369.000 384.96%
2010 25.472.487.000 68.93%
2011 11.332.249.000 -124.78%
2012 13.894.703.000 18.44%
2013 19.056.720.000 27.09%
2014 19.892.980.000 4.2%
2015 26.250.492.000 24.22%
2016 20.865.725.000 -25.81%
2017 23.469.915.000 11.1%
2018 23.978.296.000 2.12%
2019 36.042.939.000 33.47%
2020 33.778.349.000 -6.7%
2021 43.483.754.000 22.32%
2022 35.528.590.000 -22.39%
2023 45.754.244.000 22.35%
2023 42.570.720.000 -7.48%
2024 46.495.972.000 8.44%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

China Airlines, Ltd. Gross Profit
Year Gross Profit Growth
2006 17.665.074.000
2007 16.751.663.000 -5.45%
2008 3.967.455.000 -322.23%
2009 9.011.483.000 55.97%
2010 27.062.332.000 66.7%
2011 9.345.172.000 -189.59%
2012 11.467.333.000 18.51%
2013 9.539.290.000 -20.21%
2014 13.627.477.000 30%
2015 20.268.374.000 32.76%
2016 18.005.906.000 -12.57%
2017 21.972.411.000 18.05%
2018 17.207.531.000 -27.69%
2019 16.686.928.000 -3.12%
2020 10.219.201.000 -63.29%
2021 23.354.457.000 56.24%
2022 11.370.213.000 -105.4%
2023 23.977.672.000 52.58%
2023 23.830.774.000 -0.62%
2024 29.880.236.000 20.25%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

China Airlines, Ltd. Net Profit
Year Net Profit Growth
2006 738.354.000
2007 -2.518.650.000 129.32%
2008 -32.351.398.000 92.21%
2009 -3.804.912.000 -750.25%
2010 10.622.094.000 135.82%
2011 -1.954.271.000 643.53%
2012 58.804.000 3423.36%
2013 -1.274.046.000 104.62%
2014 -751.232.000 -69.59%
2015 5.763.714.000 113.03%
2016 571.540.000 -908.45%
2017 2.208.066.000 74.12%
2018 1.790.361.000 -23.33%
2019 -675.002.000 365.24%
2020 -279.814.000 -141.23%
2021 9.379.905.000 102.98%
2022 2.245.401.000 -317.74%
2023 9.189.148.000 75.56%
2023 6.818.552.000 -34.77%
2024 13.785.172.000 50.54%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

China Airlines, Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 0
2007 -1 0%
2008 -10 100%
2009 -1 -900%
2010 2 150%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 1 100%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 2 100%
2022 0 0%
2023 2 100%
2023 1 0%
2024 2 50%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

China Airlines, Ltd. Free Cashflow
Year Free Cashflow Growth
2006 -6.699.452.000
2007 1.333.284.000 602.48%
2008 -7.737.213.000 117.23%
2009 -18.342.677.000 57.82%
2010 15.450.133.000 218.72%
2011 -1.478.347.000 1145.1%
2012 5.490.299.000 126.93%
2013 8.123.173.000 32.41%
2014 -5.348.943.000 251.87%
2015 11.606.500.000 146.09%
2016 -10.025.350.000 215.77%
2017 1.255.541.000 898.49%
2018 5.587.995.000 77.53%
2019 18.551.636.000 69.88%
2020 -2.921.542.000 734.99%
2021 35.158.714.000 108.31%
2022 19.886.383.000 -76.8%
2023 26.660.512.000 25.41%
2023 293.306.000 -8989.66%
2024 7.136.612.000 95.89%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

China Airlines, Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 9.291.456.000
2007 15.886.250.000 41.51%
2008 -2.184.368.000 827.27%
2009 -13.398.575.000 83.7%
2010 22.887.204.000 158.54%
2011 5.338.053.000 -328.76%
2012 12.999.335.000 58.94%
2013 21.485.902.000 39.5%
2014 16.908.595.000 -27.07%
2015 31.790.693.000 46.81%
2016 17.636.372.000 -80.26%
2017 28.547.018.000 38.22%
2018 25.188.007.000 -13.34%
2019 37.526.612.000 32.88%
2020 9.723.475.000 -285.94%
2021 49.885.400.000 80.51%
2022 46.848.741.000 -6.48%
2023 55.845.601.000 16.11%
2023 10.068.010.000 -454.68%
2024 15.008.810.000 32.92%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

China Airlines, Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 15.990.908.000
2007 14.552.966.000 -9.88%
2008 5.552.845.000 -162.08%
2009 4.944.102.000 -12.31%
2010 7.437.071.000 33.52%
2011 6.816.400.000 -9.11%
2012 7.509.036.000 9.22%
2013 13.362.729.000 43.81%
2014 22.257.538.000 39.96%
2015 20.184.193.000 -10.27%
2016 27.661.722.000 27.03%
2017 27.291.477.000 -1.36%
2018 19.600.012.000 -39.24%
2019 18.974.976.000 -3.29%
2020 12.645.017.000 -50.06%
2021 14.726.686.000 14.14%
2022 26.962.358.000 45.38%
2023 29.185.089.000 7.62%
2023 9.774.704.000 -198.58%
2024 7.872.198.000 -24.17%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

China Airlines, Ltd. Equity
Year Equity Growth
2006 55.463.441.000
2007 55.170.308.000 -0.53%
2008 33.959.853.000 -62.46%
2009 44.373.708.000 23.47%
2010 51.835.213.000 14.39%
2011 50.246.911.000 -3.16%
2012 55.279.539.000 9.1%
2013 52.890.360.000 -4.52%
2014 50.997.108.000 -3.71%
2015 60.556.543.000 15.79%
2016 57.867.198.000 -4.65%
2017 59.157.519.000 2.18%
2018 60.047.084.000 1.48%
2019 60.132.117.000 0.14%
2020 60.711.573.000 0.95%
2021 77.205.018.000 21.36%
2022 72.453.442.000 -6.56%
2023 77.458.987.000 6.46%
2023 77.478.870.000 0.03%
2024 79.695.622.000 2.78%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

China Airlines, Ltd. Assets
Year Assets Growth
2006 243.895.177.000
2007 230.807.981.000 -5.67%
2008 224.775.141.000 -2.68%
2009 221.086.393.000 -1.67%
2010 213.695.563.000 -3.46%
2011 212.852.961.000 -0.4%
2012 199.816.032.000 -6.52%
2013 220.975.899.000 9.58%
2014 229.071.754.000 3.53%
2015 221.926.309.000 -3.22%
2016 224.500.759.000 1.15%
2017 225.899.632.000 0.62%
2018 230.136.582.000 1.84%
2019 293.047.979.000 21.47%
2020 284.194.084.000 -3.12%
2021 294.721.081.000 3.57%
2022 294.412.193.000 -0.1%
2023 290.821.679.000 -1.23%
2023 291.242.431.000 0.14%
2024 306.563.494.000 5%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

China Airlines, Ltd. Liabilities
Year Liabilities Growth
2006 188.431.736.000
2007 175.637.673.000 -7.28%
2008 190.815.288.000 7.95%
2009 176.712.685.000 -7.98%
2010 161.860.350.000 -9.18%
2011 162.606.050.000 0.46%
2012 144.536.493.000 -12.5%
2013 168.085.539.000 14.01%
2014 178.074.646.000 5.61%
2015 161.369.766.000 -10.35%
2016 166.633.561.000 3.16%
2017 166.742.113.000 0.07%
2018 170.089.498.000 1.97%
2019 232.915.862.000 26.97%
2020 223.482.511.000 -4.22%
2021 217.516.063.000 -2.74%
2022 221.958.751.000 2%
2023 213.362.692.000 -4.03%
2023 213.763.561.000 0.19%
2024 226.867.872.000 5.78%

China Airlines, Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
32.04
Net Income per Share
1.47
Price to Earning Ratio
14.02x
Price To Sales Ratio
0.64x
POCF Ratio
2.71
PFCF Ratio
7.58
Price to Book Ratio
1.64
EV to Sales
0.91
EV Over EBITDA
4.05
EV to Operating CashFlow
3.81
EV to FreeCashFlow
10.65
Earnings Yield
0.07
FreeCashFlow Yield
0.13
Market Cap
124,93 Bil.
Enterprise Value
175,59 Bil.
Graham Number
20.45
Graham NetNet
-27.31

Income Statement Metrics

Net Income per Share
1.47
Income Quality
4.16
ROE
0.12
Return On Assets
0.03
Return On Capital Employed
0.06
Net Income per EBT
0.74
EBT Per Ebit
0.93
Ebit per Revenue
0.07
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.13
Operating Profit Margin
0.07
Pretax Profit Margin
0.06
Net Profit Margin
0.05

Dividends

Dividend Yield
0.03
Dividend Yield %
3.34
Payout Ratio
0.34
Dividend Per Share
0.69

Operating Metrics

Operating Cashflow per Share
7.61
Free CashFlow per Share
2.72
Capex to Operating CashFlow
0.64
Capex to Revenue
0.15
Capex to Depreciation
1
Return on Invested Capital
0.07
Return on Tangible Assets
0.03
Days Sales Outstanding
22
Days Payables Outstanding
5.39
Days of Inventory on Hand
23.62
Receivables Turnover
16.59
Payables Turnover
67.69
Inventory Turnover
15.45
Capex per Share
4.89

Balance Sheet

Cash per Share
7,85
Book Value per Share
13,17
Tangible Book Value per Share
13.05
Shareholders Equity per Share
12.62
Interest Debt per Share
13.25
Debt to Equity
1.02
Debt to Assets
0.25
Net Debt to EBITDA
1.17
Current Ratio
0.88
Tangible Asset Value
78,96 Bil.
Net Current Asset Value
-145,34 Bil.
Invested Capital
198216609000
Working Capital
-11,24 Bil.
Intangibles to Total Assets
0
Average Receivables
17,75 Bil.
Average Payables
2,43 Bil.
Average Inventory
10741142000
Debt to Market Cap
0.62

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

China Airlines, Ltd. Dividends
Year Dividends Growth
2001 0
2002 0 0%
2004 0 0%
2005 0 0%
2007 0 0%
2011 0 0%
2016 0 0%
2018 0 0%
2019 0 0%
2022 1 0%
2023 0 0%
2024 1 0%

China Airlines, Ltd. Profile

About China Airlines, Ltd.

China Airlines, Ltd., together with its subsidiaries, provides air transportation services for passengers, cargo, and others. The company offers airport, ground, aircraft and flight equipment maintenance, machine and equipment maintenance, and investment services, as well as communications and data processing services to other airlines. It is also involved in the sale of aircrafts, aircraft parts, and equipment; cleaning of aircrafts; forwarding and storage of air cargo; and sale and maintenance of hardware and software. In addition, the company engages in the hotel, international trading, inflight catering, and travel businesses, as well as real estate leasing activities; and cleaning and leasing of the towels of airlines, hotels, restaurants, and health clubs. As of April 30, 2022, its fleet consisted of 85 aircraft, including 63 passenger jets and 22 freighters. The company was incorporated in 1959 and is headquartered in Taoyuan City, Taiwan.

CEO
Mr. Shing-Hwang Kao
Employee
16.731
Address
No.1, Hangzhan South Road
Taoyuan City, 33758

China Airlines, Ltd. Executives & BODs

China Airlines, Ltd. Executives & BODs
# Name Age
1 Ms. Ya-Mei Lo
Senior Vice President
70
2 Mr. Cheng-Hao Chang
Vice President of Corporate Development Office
70
3 Ms. Hui-Na Huang
Vice President of Administration Division
70
4 Mr. Shih-Ming Lu
Vice President of Human Resources Division
70
5 Ms. Shwu-Huoy Lu
Vice President of Corporate Communications Office
70
6 Mr. Shing-Hwang Kao
President
70
7 Mr. Chih-Yuan Chen
MD & Director
70
8 Yang Yen
Accounting Officer, Finance Officer & Assistant Vice President of Finance Division
70
9 Mr. Chen-Min Wang
Senior Vice President
70
10 Ms. Jia-Ling Shan
Assistant Vice President of Legal & Insurance Division
70

China Airlines, Ltd. Competitors