China Express Airlines Co Ltd
SZSE:002928

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China Express Airlines Co Ltd Logo
China Express Airlines Co Ltd
SZSE:002928
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Price: 8.43 CNY -1.75% Market Closed
Market Cap: 10.7B CNY
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Income Statement

Earnings Waterfall
China Express Airlines Co Ltd

Revenue
6.5B CNY
Cost of Revenue
-6.4B CNY
Gross Profit
49.1m CNY
Operating Expenses
475.5m CNY
Operating Income
524.6m CNY
Other Expenses
-485.6m CNY
Net Income
39.1m CNY

Income Statement
China Express Airlines Co Ltd

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Income Statement
Currency: CNY
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
3 448
N/A
3 708
+8%
3 943
+6%
4 097
+4%
4 260
+4%
4 519
+6%
4 711
+4%
5 158
+9%
5 407
+5%
5 207
-4%
4 912
-6%
4 699
-4%
4 728
+1%
4 779
+1%
5 073
+6%
4 683
-8%
3 965
-15%
3 468
-13%
2 891
-17%
2 717
-6%
2 643
-3%
3 086
+17%
3 605
+17%
4 466
+24%
5 151
+15%
5 722
+11%
6 147
+7%
6 454
+5%
Gross Profit
Cost of Revenue
(2 706)
(2 952)
(3 177)
(3 418)
(3 658)
(3 949)
(4 206)
(4 484)
(4 712)
(4 669)
(4 374)
(4 225)
(4 074)
(4 039)
(4 284)
(4 167)
(3 786)
(3 709)
(3 637)
(3 752)
(3 898)
(4 232)
(4 550)
(4 962)
(5 526)
(5 858)
(6 130)
(6 405)
Gross Profit
743
N/A
755
+2%
766
+1%
679
-11%
603
-11%
569
-6%
505
-11%
674
+33%
695
+3%
538
-23%
539
+0%
473
-12%
654
+38%
740
+13%
789
+7%
516
-35%
179
-65%
(241)
N/A
(745)
-209%
(1 035)
-39%
(1 255)
-21%
(1 145)
+9%
(945)
+18%
(496)
+47%
(375)
+24%
(135)
+64%
17
N/A
49
+181%
Operating Income
Operating Expenses
(235)
(249)
(266)
(223)
(158)
(91)
(11)
37
94
59
93
47
99
239
44
58
27
64
51
41
(251)
(262)
(256)
(192)
(120)
99
326
475
Selling, General & Administrative
(327)
(344)
(359)
(367)
(347)
(348)
(359)
(369)
(431)
(448)
(453)
(477)
(485)
(526)
(556)
(551)
(506)
(487)
(463)
(441)
(565)
(574)
(624)
(653)
(593)
(589)
(538)
(549)
Research & Development
0
0
0
(0)
(0)
(1)
(2)
(4)
(6)
(7)
(8)
(9)
(17)
(23)
(22)
(22)
(17)
(19)
(23)
(24)
(15)
(22)
(19)
(18)
(14)
(22)
(21)
(18)
Depreciation & Amortization
(12)
0
0
0
(14)
0
0
0
(15)
0
0
0
(18)
0
0
0
(23)
0
0
0
(24)
0
0
0
(30)
0
0
0
Other Operating Expenses
104
95
94
144
204
258
349
410
545
514
554
532
618
789
623
632
572
569
536
506
353
334
387
479
517
710
885
1 043
Operating Income
508
N/A
506
0%
500
-1%
455
-9%
445
-2%
478
+8%
493
+3%
711
+44%
789
+11%
597
-24%
632
+6%
520
-18%
753
+45%
979
+30%
834
-15%
574
-31%
205
-64%
(177)
N/A
(695)
-292%
(994)
-43%
(1 506)
-52%
(1 408)
+7%
(1 201)
+15%
(688)
+43%
(495)
+28%
(36)
+93%
344
N/A
525
+53%
Pre-Tax Income
Interest Income Expense
(94)
(94)
(151)
(203)
(218)
(245)
(235)
(221)
(218)
(238)
(224)
(188)
(165)
(236)
(228)
(325)
(342)
(340)
(581)
(773)
(830)
(804)
(868)
(654)
(580)
(684)
(501)
(449)
Non-Reccuring Items
0
0
0
3
3
0
0
0
(28)
0
0
(27)
111
0
112
110
6
0
0
5
(6)
0
(4)
(4)
(18)
1
1
1
Gain/Loss on Disposition of Assets
(1)
0
0
0
7
0
0
0
(1)
0
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
33
41
54
49
58
63
50
(7)
41
34
30
58
23
18
10
12
3
8
9
6
(2)
(4)
(4)
(2)
(7)
(22)
(21)
(21)
Pre-Tax Income
446
N/A
453
+1%
403
-11%
304
-24%
295
-3%
296
+0%
308
+4%
483
+57%
584
+21%
394
-33%
437
+11%
364
-17%
722
+98%
761
+5%
729
-4%
372
-49%
(127)
N/A
(509)
-300%
(1 267)
-149%
(1 756)
-39%
(2 345)
-33%
(2 216)
+5%
(2 078)
+6%
(1 349)
+35%
(1 100)
+18%
(742)
+33%
(177)
+76%
56
N/A
Net Income
Tax Provision
(72)
(73)
(70)
(54)
(48)
(45)
(42)
(68)
(82)
(73)
(67)
(57)
(109)
(100)
(112)
(61)
15
5
205
280
370
420
303
186
135
77
(9)
(17)
Income from Continuing Operations
374
379
332
250
248
251
266
416
502
320
370
308
613
661
616
311
(113)
(505)
(1 062)
(1 477)
(1 974)
(1 796)
(1 775)
(1 163)
(965)
(664)
(187)
39
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
374
N/A
379
+1%
332
-12%
250
-25%
248
-1%
251
+1%
266
+6%
416
+56%
502
+21%
320
-36%
370
+15%
308
-17%
613
+99%
661
+8%
616
-7%
311
-50%
(113)
N/A
(505)
-348%
(1 062)
-110%
(1 477)
-39%
(1 974)
-34%
(1 796)
+9%
(1 775)
+1%
(1 163)
+34%
(965)
+17%
(664)
+31%
(187)
+72%
39
N/A
EPS (Diluted)
0.46
N/A
0.47
+2%
0.36
-23%
0.28
-22%
0.28
N/A
0.27
-4%
0.29
+7%
0.46
+59%
0.56
+22%
0.35
-38%
0.33
-6%
0.29
-12%
0.6
+107%
0.64
+7%
0.61
-5%
0.31
-49%
-0.11
N/A
-0.5
-355%
-1.05
-110%
-1.46
-39%
-1.91
-31%
-1.4
+27%
-1.39
+1%
-0.91
+35%
-0.76
+16%
-0.52
+32%
-0.15
+71%
0.03
N/A

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