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]
Ratios
11 Sheets · Starting from 2023Margins, Growth Rates In %
| Ratio | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||
| Gross Margin | 24.26 | 24.62 | 27.75 | 25.57 | 21.53 | 14.14 | 12.86 | 13.91 | 4.51 | -47.48 | -7.95 | |
| Profit Margin | 11.48 | 9.61 | 13.49 | 13.55 | 10.85 | 5.81 | 9.29 | 13.28 | -2.84 | -74.69 | -18.79 | |
| Operating Margin | 9.05 | 8.39 | 11.07 | 10.65 | 17.23 | 11.80 | 15.78 | 15.15 | 7.90 | -88.57 | -19.54 | |
|
EPS Growth
|
- - | 25.46 | 94.20 | -67.91 | 6.98 | -39.13 | 100.00 | 14.29 | -117.19 | -1,636.36 | 60.21 | |
| EPS CNY | 55.00 | 69.00 | 134.00 | 43.00 | 46.00 | 28.00 | 56.00 | 64.00 | -11.00 | -191.00 | -76.00 | |
| Return on Assets (ROA) | 6.32 | 6.85 | 9.84 | 9.56 | 6.82 | 3.18 | 5.13 | 5.45 | -0.69 | -11.28 | -5.31 | |
| Return on Equity (ROE) | 74.59 | 48.11 | 53.79 | 43.55 | 32.54 | 11.65 | 18.05 | 15.90 | -3.11 | -48.71 | -31.25 | |
| Return on Invested Capital (ROIC) | 5.31 | 6.32 | 23.81 | 18.21 | 21.98 | 10.05 | 12.50 | 8.93 | 1.85 | -12.19 | -9.24 | |
| Solvency | ||||||||||||
| Equity Ratio | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Debt/Assets | 71.31 | 65.09 | 10.64 | 13.08 | 20.36 | 26.54 | 31.55 | 24.91 | 70.18 | 69.27 | 35.45 | |
| Debt/Equity | 841.09 | 457.38 | 58.17 | 59.62 | 97.09 | 97.28 | 111.08 | 72.62 | 314.35 | 299.08 | 208.73 | |
| Debt/EBITDA | 55.64 | 41.39 | -7.03 | 3.67 | 59.54 | 152.70 | 154.47 | 113.47 | 798.58 | -1,675.44 | 3,741.57 | |
|
Debt/Capitalization
|
89.37 | 82.06 | 36.78 | 37.35 | 49.26 | 49.31 | 52.62 | 42.07 | 75.87 | 74.94 | 67.61 | |
| Long-Term Debt/Capitalization | 87.65 | 77.60 | 11.28 | 9.58 | 33.82 | 20.80 | 38.23 | 17.35 | 67.72 | 67.42 | 36.61 | |
| Interest Debt per Share CNY | 6.40 | 6.89 | 1.84 | 0.68 | 1.55 | 2.56 | 3.67 | 3.21 | 11.64 | 12.24 | 5.51 | |
| Debt Growth | - - | 63.17 | -8.41 | 81.06 | 135.93 | 85.02 | 49.56 | -7.10 | 296.20 | 6.56 | 13.24 | |
| Liquidity | ||||||||||||
| Current Ratio | 80.62 | 92.24 | 133.72 | 122.15 | 134.40 | 105.41 | 134.94 | 115.04 | 83.65 | 87.68 | 70.87 | |
| Quick Ratio | 75.67 | 87.49 | 128.01 | 118.24 | 130.07 | 102.26 | 131.27 | 111.62 | 80.67 | 84.02 | 67.50 | |
| Cash Ratio | 21.66 | 27.26 | 47.82 | 44.23 | 48.40 | 35.33 | 52.60 | 45.16 | 29.62 | 38.02 | 33.39 | |
| Operating Cash Flow Ratio | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Turnover | ||||||||||||
| Inventory Turnover | 2,688.26 | 3,109.58 | 3,692.16 | 4,774.11 | 4,853.35 | 4,973.06 | 5,306.27 | 3,611.87 | 2,713.15 | 2,260.73 | 2,863.02 | |
| Receivables Turnover | 330.10 | 335.46 | 374.02 | 347.13 | 349.14 | 313.39 | 316.86 | 226.96 | 176.65 | 128.97 | 289.45 | |
| Payables Turnover | 466.92 | 570.30 | 889.92 | 878.51 | 1,060.00 | 1,469.10 | 1,303.50 | 850.93 | 832.81 | 712.94 | 999.79 | |
|
Asset Turnover
|
55.09 | 71.26 | 72.94 | 70.51 | 62.86 | 54.72 | 55.20 | 41.06 | 24.47 | 15.11 | 28.25 | |
| Fixed Turnover | 79.23 | 119.70 | 122.58 | 122.74 | 110.77 | 95.00 | 98.48 | 71.38 | 35.50 | 22.31 | 41.68 | |
| Coverage | ||||||||||||
| Interest Coverage | 236.11 | 175.81 | 286.36 | 368.32 | 431.54 | 252.17 | 393.24 | 357.24 | 74.78 | -467.40 | -176.48 | |
| Asset Coverage | 700 | 500 | 700 | 600 | 400 | 300 | 200 | 300 | 100 | 100 | 100 | |
| Cash Flow Coverage (CFGR) | 13.75 | 22.14 | 229.82 | 160.17 | 61.37 | 25.23 | 34.12 | 35.10 | 8.05 | 2.61 | 20.52 | |
| EBITDA Coverage | 300 | 400 | 600 | 800 | 600 | 400 | 500 | 600 | 200 | -100 | - - | |
| Dividend Coverage | -1,200 | -600 | -400 | -2,200 | -600 | -100 | -900 | -1,200 | 100 | 1,100 | 400 | |
| Time Interest Earned (TIE) | 200 | 200 | 200 | 200 | 300 | 400 | -500 | -400 | -200 | -1,300 | - - | |
| Market Prospects | ||||||||||||
| Dividend Yield | 0.35 | 0.81 | 2.09 | 0.15 | 0.52 | 1.72 | 0.72 | 0.43 | 0.48 | 1.18 | 2.23 | |
| Earnings Yield | 4.25 | 5.32 | 10.37 | 3.29 | 3.57 | 3.41 | 6.93 | 5.22 | -0.88 | -13.85 | -10.58 | |
|
Price/Earnings (P/E)
|
2,351.07 | 1,880.86 | 964.79 | 3,036.56 | 2,804.55 | 2,931.81 | 1,443.54 | 1,917.17 | -11,341.13 | -722.27 | -945.00 | |
| Price/Earnings Growth (PEG) | - - | 73.89 | 10.24 | -44.71 | 401.99 | -74.92 | 14.44 | 134.20 | 96.78 | -0.44 | 15.70 | |
|
Price/Book (P/B)
|
1,753.57 | 904.81 | 518.93 | 1,322.47 | 912.52 | 341.58 | 260.61 | 304.85 | 352.83 | 351.85 | 295.35 | |
| Price/Tangible Book (P/TB) | 1,753.57 | 904.81 | 518.93 | 1,322.47 | 912.52 | 341.58 | 260.61 | 304.85 | 352.83 | 351.85 | 295.35 | |
| Price/Sales (P/S) | 269.88 | 180.69 | 130.16 | 411.56 | 304.35 | 170.31 | 134.08 | 254.67 | 321.97 | 539.46 | 177.59 | |
|
Price/Cash Flow (P/CF)
|
1,516.58 | 893.61 | 388.18 | 1,384.94 | 1,531.42 | 1,391.63 | 687.72 | 1,195.95 | 1,394.73 | 4,503.60 | 689.70 | |
| Price/Free CF (P/FCF) | -27,805.48 | 1,860.37 | 756.57 | 5,863.74 | -11,944.41 | -831.31 | -9,863.43 | 4,789.84 | -1,428.25 | -40,755.55 | 1,167.73 | |
| Price/Operating CF (P/OCF) | 1,516.58 | 893.61 | 388.18 | 1,384.94 | 1,531.42 | 1,391.63 | 687.72 | 1,195.95 | 1,394.73 | 4,503.60 | 689.70 |