Valuation China Express Airlines Co.,LTD

Equities

End-of-day quote Shenzhen S.E. Other stock markets 13/03/2026			5-day change	1st Jan Change
9.310 ^CNY	+0.98%		-4.61%	-15.75%

05/01	Tranche Update on China Express Airlines Co.,LTD's Equity Buyback Plan announced on September 15, 2025.	CI
31/12	China Express Airlines Orders Three Aircraft From Airbus For Up to $420 Million	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	12,822	12,746	17,614	9,094	9,883	11,857	11,857	-
Change	-	-0.59%	38.19%	-48.37%	8.68%	19.97%	0%	-
Enterprise Value (EV) ¹	13,464	16,767	21,100	13,601	14,884	13,408	11,309	9,090
Change	-	24.53%	25.84%	-35.54%	9.43%	-9.92%	-15.65%	-19.62%
P/E ratio	19.8x	-129x	-7.22x	-9.42x	37x	18.2x	12x	9.93x
PBR	3.26x	3.52x	4.36x	2.96x	2.95x	2.97x	2.41x	1.97x
PEG	-	1x	-0x	0.2x	-0x	0x	0.2x	0.5x
Capitalization / Revenue	2.71x	3.21x	6.66x	1.77x	1.48x	1.55x	1.38x	1.24x
EV / Revenue	2.85x	4.23x	7.98x	2.64x	2.22x	1.75x	1.32x	0.95x
EV / EBITDA	11.6x	134x	-38x	-17.2x	20.6x	4.72x	3.37x	2.66x
EV / EBIT	18.9x	-146x	-9.01x	-12.6x	39.8x	16.6x	9.68x	6.33x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.061	-	-	-	-	0.05	0.1248	0.2001
Rate of return	0.48%	-	-	-	-	0.54%	1.34%	2.15%
EPS ²	0.6385	-0.0975	-1.915	-0.7577	0.2096	0.5129	0.7756	0.9376
Distribution rate	9.55%	-	-	-	-	9.75%	16.1%	21.3%
Net sales ¹	4,728	3,967	2,643	5,151	6,696	7,659	8,595	9,595
EBITDA ¹	1,162	124.7	-555	-791.1	724.1	2,842	3,360	3,422
EBIT ¹	712.3	-114.8	-2,341	-1,078	373.7	809.8	1,168	1,437
Net income ¹	611.4	-98.71	-1,974	-965	268	656.6	991.1	1,200
Net Debt ¹	642.1	4,021	3,486	4,508	5,001	1,550	-548.1	-2,767
Reference price ²	12.650	12.600	13.830	7.140	7.760	9.310	9.310	9.310
Nbr of stocks (in thousands)	10,13,568	10,11,615	12,73,611	12,73,611	12,73,611	12,73,611	12,73,611	-
Announcement Date	14/04/21	30/03/22	28/04/23	23/04/24	25/04/25	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CHINA EXPRESS AIRLINES CO.,LTD	18.15x	1.75x	4.72x	0.54%	171.94Cr
SOUTHWEST AIRLINES CO.	9.43x	0.71x	5.05x	1.93%	1.9TCr
AMERICAN AIRLINES GROUP INC.	5.75x	0.56x	5.72x	-.--%	680.11Cr
EXCHANGE INCOME CORPORATION	29.5x	2.1x	9.04x	2.75%	406.97Cr
JUNEYAO AIRLINES CO., LTD	25.43x	1.64x	8.1x	1.5%	375.02Cr
ALLEGIANT TRAVEL COMPANY	9.2x	1.1x	5.54x	-.--%	137.18Cr
AEGEAN AIRLINES S.A.	7.77x	0.94x	4.11x	7.27%	125.04Cr
CONTROLADORA VUELA COMPAÑÍA DE AVIACIÓN, S.A.B. DE C.V.	-9.44x	1.24x	3.93x	-.--%	81Cr
FRONTIER GROUP HOLDINGS, INC.	-45.7x	1.25x	5.33x	-.--%	77Cr
Average	5.57x	1.25x	5.73x	1.55%	439.81Cr
Weighted average by Cap.	11.23x	1.00x	5.82x	1.61%