Air China Ltd
SSE:601111

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Air China Ltd
SSE:601111
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Price: 8.1 CNY -2.41% Market Closed
Market Cap: 134.4B CNY
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Income Statement

Earnings Waterfall
Air China Ltd

Revenue
163.8B CNY
Cost of Revenue
-156.8B CNY
Gross Profit
7B CNY
Operating Expenses
-7.7B CNY
Operating Income
-655.7m CNY
Other Expenses
179.7m CNY
Net Income
-476.1m CNY

Income Statement
Air China Ltd

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Income Statement
Currency: CNY
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
102 801
N/A
104 888
+2%
105 750
+1%
106 891
+1%
108 309
+1%
108 929
+1%
110 037
+1%
111 303
+1%
111 996
+1%
112 677
+1%
115 257
+2%
117 307
+2%
119 785
+2%
121 363
+1%
123 561
+2%
127 011
+3%
131 248
+3%
136 774
+4%
137 722
+1%
137 845
+0%
136 971
-1%
136 181
-1%
120 883
-11%
100 514
-17%
81 558
-19%
69 504
-15%
66 829
-4%
77 522
+16%
78 508
+1%
74 532
-5%
72 869
-2%
60 821
-17%
59 163
-3%
52 898
-11%
65 048
+23%
88 558
+36%
116 286
+31%
141 100
+21%
156 098
+11%
161 007
+3%
163 773
+2%
Gross Profit
Cost of Revenue
(87 400)
(87 982)
(86 915)
(85 913)
(84 755)
(83 850)
(84 469)
(85 018)
(86 283)
(87 318)
(90 886)
(94 022)
(96 123)
(100 640)
(103 734)
(107 133)
(111 721)
(115 145)
(115 740)
(115 943)
(114 578)
(113 246)
(105 944)
(92 865)
(83 203)
(75 667)
(75 740)
(83 374)
(86 087)
(85 888)
(86 552)
(82 717)
(84 280)
(82 815)
(89 617)
(103 963)
(119 080)
(134 050)
(146 785)
(152 626)
(156 767)
Gross Profit
15 401
N/A
16 906
+10%
18 836
+11%
20 978
+11%
23 554
+12%
25 079
+6%
25 567
+2%
26 284
+3%
25 713
-2%
25 359
-1%
24 371
-4%
23 285
-4%
23 663
+2%
20 723
-12%
19 828
-4%
19 878
+0%
19 526
-2%
21 629
+11%
21 982
+2%
21 903
0%
22 394
+2%
22 935
+2%
14 938
-35%
7 648
-49%
(1 646)
N/A
(6 163)
-274%
(8 911)
-45%
(5 852)
+34%
(7 579)
-30%
(11 356)
-50%
(13 683)
-20%
(21 897)
-60%
(25 117)
-15%
(29 918)
-19%
(24 570)
+18%
(15 405)
+37%
(2 794)
+82%
7 051
N/A
9 313
+32%
8 381
-10%
7 006
-16%
Operating Income
Operating Expenses
(10 922)
(10 469)
(10 570)
(10 504)
(10 618)
(10 484)
(10 325)
(10 035)
(9 797)
(10 016)
(9 939)
(9 783)
(9 452)
(8 559)
(7 754)
(6 959)
(6 933)
(8 154)
(7 674)
(8 021)
(7 767)
(8 350)
(7 023)
(6 364)
(5 223)
(4 636)
(5 180)
(4 880)
(5 745)
(5 287)
(5 697)
(5 953)
(5 716)
(5 821)
(5 860)
(6 316)
(6 655)
(6 816)
(7 042)
(7 342)
(7 662)
Selling, General & Administrative
(10 554)
(10 035)
(10 699)
(10 629)
(10 627)
(10 053)
(10 138)
(9 873)
(9 638)
(9 572)
(9 664)
(9 907)
(10 050)
(10 591)
(10 609)
(10 536)
(10 645)
(10 728)
(10 865)
(11 058)
(11 024)
(11 081)
(10 378)
(9 419)
(8 676)
(8 245)
(8 604)
(8 871)
(9 222)
(8 699)
(8 739)
(8 487)
(8 272)
(8 084)
(8 434)
(9 349)
(10 106)
(10 410)
(11 246)
(11 463)
(11 613)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
(18)
0
0
(59)
(62)
(107)
(130)
(154)
(182)
(491)
(588)
(568)
(578)
(179)
(134)
(120)
(93)
(153)
(160)
(166)
(186)
(244)
(275)
(311)
(331)
(373)
(389)
(433)
(453)
Depreciation & Amortization
0
(274)
0
0
0
(299)
0
0
0
(292)
0
0
0
(287)
0
0
0
(294)
0
0
0
(316)
0
0
0
(386)
0
0
0
(360)
0
0
0
(391)
0
0
0
(404)
0
0
0
Other Operating Expenses
(369)
(160)
127
124
9
(132)
(187)
(161)
(160)
(152)
(275)
124
617
2 319
2 855
3 637
3 776
2 976
3 321
3 190
3 439
3 538
3 941
3 623
4 032
4 174
3 559
4 111
3 570
3 924
3 203
2 700
2 742
2 899
2 849
3 345
3 782
4 371
4 593
4 554
4 404
Operating Income
4 479
N/A
6 437
+44%
8 266
+28%
10 475
+27%
12 937
+24%
14 595
+13%
15 243
+4%
16 250
+7%
15 916
-2%
15 343
-4%
14 432
-6%
13 502
-6%
14 211
+5%
12 164
-14%
12 074
-1%
12 919
+7%
12 593
-3%
13 475
+7%
14 307
+6%
13 881
-3%
14 626
+5%
14 584
0%
7 915
-46%
1 284
-84%
(6 868)
N/A
(10 799)
-57%
(14 090)
-30%
(10 730)
+24%
(13 324)
-24%
(16 643)
-25%
(19 380)
-16%
(27 850)
-44%
(30 833)
-11%
(35 738)
-16%
(30 429)
+15%
(21 721)
+29%
(9 449)
+56%
235
N/A
2 271
+868%
1 039
-54%
(656)
N/A
Pre-Tax Income
Interest Income Expense
(2 319)
(2 095)
(1 899)
(1 238)
(4 456)
(6 135)
(5 639)
(8 393)
(5 894)
(7 254)
(7 758)
(5 085)
(3 607)
(201)
1 412
(1 204)
(3 589)
(3 750)
(4 620)
(4 683)
(5 209)
(5 522)
(9 622)
(9 720)
(6 895)
(7 298)
(6 322)
(4 157)
(6 300)
(4 964)
(4 304)
(7 636)
(9 695)
(10 364)
(8 590)
(7 744)
(4 479)
(4 480)
(5 168)
(3 187)
(2 626)
Non-Reccuring Items
0
(357)
0
0
0
(120)
0
0
0
(216)
0
0
27
(337)
(126)
(53)
(89)
101
102
29
57
116
116
145
105
(403)
43
20
41
(244)
40
29
9
18
90
756
759
921
921
1 030
1 217
Gain/Loss on Disposition of Assets
(45)
(21)
(21)
(27)
(39)
(103)
(148)
(131)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(13)
0
0
0
(16)
0
0
0
(41)
0
0
0
(34)
0
0
0
Total Other Income
1 141
1 124
1 032
864
879
806
836
811
937
2 347
2 287
1 932
1 629
(145)
(275)
(341)
(382)
131
229
234
248
(74)
(179)
(203)
(144)
38
46
81
33
33
6
(41)
(33)
246
208
1 537
1 593
1 698
1 672
533
542
Pre-Tax Income
3 255
N/A
5 088
+56%
7 376
+45%
10 072
+37%
9 319
-7%
9 043
-3%
10 291
+14%
8 535
-17%
10 959
+28%
10 219
-7%
8 961
-12%
10 349
+15%
12 259
+18%
11 481
-6%
13 085
+14%
11 322
-13%
8 535
-25%
9 958
+17%
10 019
+1%
9 461
-6%
9 722
+3%
9 105
-6%
(1 769)
N/A
(8 492)
-380%
(13 800)
-63%
(18 475)
-34%
(20 322)
-10%
(14 786)
+27%
(19 551)
-32%
(21 835)
-12%
(23 638)
-8%
(35 497)
-50%
(40 552)
-14%
(45 880)
-13%
(38 721)
+16%
(27 172)
+30%
(11 576)
+57%
(1 660)
+86%
(304)
+82%
(586)
-93%
(1 522)
-160%
Net Income
Tax Provision
(556)
(789)
(1 258)
(1 901)
(1 761)
(1 823)
(2 100)
(1 850)
(2 331)
(2 456)
(2 272)
(2 463)
(2 992)
(2 843)
(3 079)
(2 694)
(1 863)
(1 757)
(1 758)
(1 661)
(1 544)
(1 853)
169
1 388
1 989
2 652
3 170
2 151
3 394
3 006
1 884
2 131
1 107
704
143
160
(1)
91
7
(478)
(464)
Income from Continuing Operations
2 699
4 299
6 118
8 170
7 558
7 220
8 190
6 684
8 627
7 764
6 689
7 885
9 266
8 637
10 006
8 628
6 672
8 201
8 260
7 799
8 177
7 252
(1 602)
(7 105)
(11 812)
(15 822)
(17 152)
(12 635)
(16 156)
(18 829)
(21 754)
(33 367)
(39 445)
(45 176)
(38 578)
(27 012)
(11 577)
(1 569)
(297)
(1 063)
(1 987)
Income to Minority Interest
(270)
(482)
(711)
(886)
(630)
(446)
(662)
(402)
(907)
(950)
(845)
(1 203)
(1 401)
(1 397)
(1 604)
(1 246)
(773)
(864)
(829)
(792)
(1 017)
(843)
481
932
1 346
1 413
1 340
881
1 537
2 187
2 420
4 075
5 021
6 556
5 932
4 376
1 852
523
503
685
1 511
Net Income (Common)
2 429
N/A
3 817
+57%
5 406
+42%
7 283
+35%
6 927
-5%
6 774
-2%
7 528
+11%
6 282
-17%
7 720
+23%
6 814
-12%
5 844
-14%
6 682
+14%
7 865
+18%
7 240
-8%
8 402
+16%
7 382
-12%
5 899
-20%
7 336
+24%
7 431
+1%
7 008
-6%
7 162
+2%
6 409
-11%
(1 119)
N/A
(6 172)
-452%
(10 466)
-70%
(14 409)
-38%
(15 813)
-10%
(11 755)
+26%
(14 620)
-24%
(16 642)
-14%
(19 334)
-16%
(29 291)
-51%
(34 424)
-18%
(38 619)
-12%
(32 646)
+15%
(22 635)
+31%
(9 725)
+57%
(1 046)
+89%
206
N/A
(378)
N/A
(476)
-26%
EPS (Diluted)
0.19
N/A
0.31
+63%
0.42
+35%
0.56
+33%
0.53
-5%
0.55
+4%
0.58
+5%
0.54
-7%
0.63
+17%
0.52
-17%
0.4
-23%
0.46
+15%
0.57
+24%
0.5
-12%
0.62
+24%
0.55
-11%
0.44
-20%
0.51
+16%
0.54
+6%
0.45
-17%
0.51
+13%
0.44
-14%
-0.08
N/A
-0.45
-463%
-0.78
-73%
-0.99
-27%
-1.14
-15%
-0.84
+26%
-1.07
-27%
-1.15
-7%
-1.41
-23%
-2.11
-50%
-2.15
-2%
-2.66
-24%
-2.11
+21%
-1.33
+37%
-0.66
+50%
-0.06
+91%
0.01
N/A
-0.02
N/A
-0.03
-50%

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