China Express Airlines Co Ltd
SZSE:002928

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China Express Airlines Co Ltd
SZSE:002928
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Price: 7.9 CNY -0.38% Market Closed
Market Cap: 10.1B CNY
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Gross Margin
China Express Airlines Co Ltd

0.8%
Current
-14%
Average
33.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
0.8%
=
Gross Profit
49.1m
/
Revenue
6.5B

Gross Margin Across Competitors

Country CN
Market Cap 10.1B CNY
Gross Margin
1%
Country US
Market Cap 40.1B USD
Gross Margin
50%
Country US
Market Cap 33.1B USD
Gross Margin
62%
Country CH
Market Cap 19.5B CHF
Gross Margin N/A
Country IE
Market Cap 15.4B EUR
Gross Margin
40%
Country IN
Market Cap 1.8T INR
Gross Margin
40%
Country US
Market Cap 20.5B USD
Gross Margin
70%
Country UK
Market Cap 14.8B GBP
Gross Margin
65%
Country CN
Market Cap 132.9B CNY
Gross Margin
4%
Country CN
Market Cap 118.1B CNY
Gross Margin
7%
Country SG
Market Cap 19.1B SGD
Gross Margin
48%
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China Express Airlines Co Ltd
Glance View

Market Cap
10.1B CNY
Industry
Airlines

China Express Airlines Co Ltd, a pivotal player in China's regional aviation sector, emerged from the vision of bridging underserved regions and enhancing connectivity within the vast country. Established in 2006 and headquartered in Chongqing, the airline, often operating under the brand name "Huaxia Airlines," has targeted niche markets often overlooked by major carriers. By focusing on short-haul flights, particularly those linking second and third-tier cities, China Express has carved out a distinct niche, leveraging its fleet, primarily composed of Bombardier aircraft, to deliver frequent and reliable service. This regional strategy allows the airline to cater to a growing demand among passengers seeking efficient travel options within China, cultivating a robust network that not only enhances mobility but also stimulates economic growth in lesser-served areas. The business model for China Express Airlines rests on the synergies between point-to-point service and partnerships with larger carriers, enabling seamless travel experiences. By operating as a feeder airline, it provides passengers access to larger international hubs, thus tapping into the burgeoning domestic tourism and business travel markets. The company's revenue streams are anchored in ticket sales, ancillary services like baggage fees and onboard sales, and agreements with airport operators and local governments seeking to build regional accessibility. Moreover, their strategic focus on regional connectivity aligns with China's broader economic initiatives, including Belt and Road, fostering an environment ripe for growth in air travel demand. Through this approach, China Express not only enhances its profitability but also plays a critical role in the ongoing transformation of China's domestic travel landscape.

Intrinsic Value
10.3 CNY
Undervaluation 23%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
0.8%
=
Gross Profit
49.1m
/
Revenue
6.5B
What is the Gross Margin of China Express Airlines Co Ltd?

Based on China Express Airlines Co Ltd's most recent financial statements, the company has Gross Margin of 0.8%.