China Express Airlines Co.,LTD
China Express Airlines Co.,LTD engages in the regional aviation business in China. The company operates through operation bases located in Guiyang, Chongqing, Dalian, Inner Mongolia, Xi'an, and Xinjiang with approximately 100 routes to approximately 100 …
Airlines, Airports & Air Services
CN, Guiyang [HQ]
002928.SZ/Financial Reporting
Income Statements
11 Sheets · Starting from 2023In Million CNY. Margins, Growth Rates In %
| Metric | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 866.00 | 1,287.00 | 1,791.00 | 2,551.00 | 3,448.00 | 4,260.00 | 5,407.00 | 4,732.00 | 3,965.00 | 2,643.00 | 5,134.00 | |
|
EPS
|
0.55 | 0.69 | 1.34 | 0.43 | 0.46 | 0.28 | 0.56 | 0.64 | -0.11 | -1.91 | -0.76 | |
| Diluted in mil. | 0.55 | 0.69 | 1.34 | 0.43 | 0.46 | 0.28 | 0.55 | 0.60 | -0.11 | -1.91 | -0.76 | |
|
Profit
|
210.00 | 316.00 | 497.00 | 652.00 | 742.00 | 602.00 | 695.00 | 658.00 | 178.00 | -1,254.00 | -408.00 | |
| Gross Margin | 24.26 | 24.62 | 27.75 | 25.57 | 21.53 | 14.14 | 12.86 | 13.91 | 4.51 | -47.48 | -7.95 | |
| Pre Tax | 115.00 | 146.00 | 285.00 | 405.00 | 446.00 | 295.00 | 583.00 | 739.00 | -127.00 | -2,344.00 | -1,101.00 | |
| Profit Margin | 13.32 | 11.42 | 15.91 | 15.91 | 12.94 | 6.93 | 10.80 | 15.63 | -3.22 | -88.71 | -21.45 | |
| ETR | 14.92 | 16.13 | 14.65 | 15.06 | 16.11 | 16.18 | 13.97 | 15.00 | 11.71 | 15.80 | 12.28 | |
| Net | 99.00 | 123.00 | 241.00 | 345.00 | 374.00 | 247.00 | 502.00 | 628.00 | -112.00 | -1,974.00 | -964.00 | |
| Profit Margin | 11.48 | 9.61 | 13.49 | 13.55 | 10.85 | 5.81 | 9.29 | 13.28 | -2.84 | -74.69 | -18.79 | |
| EBITDA | 122.00 | 257.00 | 460.00 | 637.00 | 830.00 | 814.00 | 1,175.00 | 1,217.00 | 1,250.00 | -616.00 | 315.00 | |
| EBITDA Margin | 14.14 | 19.97 | 25.69 | 25.01 | 24.08 | 19.12 | 21.74 | 25.74 | 31.53 | -23.33 | 6.14 | |
| Operating Income | 78.00 | 108.00 | 198.00 | 271.00 | 594.00 | 502.00 | 853.00 | 716.00 | 313.00 | -2,340.00 | -1,003.00 | |
| Operating Margin | 9.05 | 8.39 | 11.07 | 10.65 | 17.23 | 11.80 | 15.78 | 15.15 | 7.90 | -88.57 | -19.54 | |
| Interest Income | - - | - - | 3.00 | 3.00 | 2.00 | 13.00 | 9.00 | 6.00 | 10.00 | 10.00 | 19.00 | |
| Loss | -749.00 | -1,119.00 | -1,468.00 | -2,134.00 | -2,929.00 | -3,798.00 | -4,590.00 | -3,927.00 | -3,722.00 | -3,991.00 | -6,138.00 | |
| Cost of Revenue | -656.00 | -970.00 | -1,294.00 | -1,898.00 | -2,705.00 | -3,657.00 | -4,711.00 | -4,073.00 | -3,786.00 | -3,898.00 | -5,542.00 | |
|
Operating Expenses
|
-93.00 | -149.00 | -173.00 | -235.00 | -223.00 | -141.00 | -121.00 | -146.00 | -64.00 | -93.00 | -595.00 | |
| R&D | - - | - - | - - | - - | - - | - - | -5.00 | -20.00 | -21.00 | -20.00 | -14.00 | |
| G&A | -43.00 | -61.00 | -23.00 | -41.00 | -44.00 | -36.00 | -49.00 | -71.00 | -72.00 | -70.00 | -84.00 | |
| SG&A | -74.00 | -146.00 | -126.00 | -160.00 | -219.00 | -230.00 | -284.00 | -311.00 | -312.00 | -249.00 | -576.00 | |
| S&M | -30.00 | -84.00 | -103.00 | -118.00 | -174.00 | -193.00 | -234.00 | -240.00 | -239.00 | -178.00 | -239.00 | |
| Depreciation and Amortization | - - | -88.00 | -110.00 | -155.00 | -236.00 | -311.00 | -321.00 | -362.00 | -936.00 | -1,077.00 | -1,319.00 | |
| Interest Expenses | -33.00 | -61.00 | -69.00 | -73.00 | -137.00 | -199.00 | -217.00 | -200.00 | -418.00 | -500.00 | -568.00 | |
| Other Expenses | -1.00 | -20.00 | -38.00 | -11.00 | -147.00 | -207.00 | -269.00 | -22.00 | -440.00 | -3.00 | -98.00 | |
|
WA Shares Outstanding
|
180.00 | 179.00 | 180.00 | 810.00 | 810.00 | 885.00 | 901.00 | 957.00 | 1,013.00 | 1,031.00 | 1,273.00 | |
| Diluted | 180.00 | 179.00 | 180.00 | 810.00 | 810.00 | 885.00 | 913.00 | 1,013.00 | 1,013.00 | 1,031.00 | 1,273.00 |