Air China Ratios and Metrics

Market cap in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 26, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	153,502	130,681	116,649	151,090	136,466	116,446
Market Cap Growth	30.28%	12.03%	-22.80%	10.72%	17.19%	-19.18%
Enterprise Value	363,080	360,708	320,854	351,869	334,473	295,752
Last Close Price	6.79	5.15	4.94	6.95	5.44	6.10
PE Ratio	518.69	-	-	-	-	-
Forward PE	25.48	8.75	10.17	-	-	-
PS Ratio	0.83	0.74	0.75	2.53	1.49	1.41
PB Ratio	3.32	3.00	3.00	6.20	1.69	1.17
P/TBV Ratio	3.90	3.50	3.88	7.34	1.96	1.35
P/FCF Ratio	7.57	8.50	8.37	-	16.32	-
P/OCF Ratio	3.71	3.56	2.99	-	8.63	69.63
PEG Ratio	-	1.25	1.25	1.25	1.25	1.25
EV/Sales Ratio	1.97	2.03	2.06	5.88	3.66	3.58
EV/EBITDA Ratio	11.07	26.83	24.84	-	-	-
EV/FCF Ratio	17.91	23.47	23.03	-	39.99	-
Debt / Equity Ratio	5.27	5.76	6.64	10.66	2.80	1.92
Debt / EBITDA Ratio	7.43	8.39	8.65	-	52.14	17.75
Debt / FCF Ratio	12.03	16.34	18.52	-	27.04	-
Net Debt / Equity Ratio	4.63	5.21	6.19	10.09	2.54	1.82
Net Debt / EBITDA Ratio	13.49	16.89	18.64	-8.00	-20.75	-73.43
Net Debt / FCF Ratio	10.56	14.78	17.28	-8.92	24.51	-14.36
Asset Turnover	0.49	0.49	0.45	0.18	0.26	0.24
Inventory Turnover	31.02	38.35	40.60	32.54	41.13	38.29
Quick Ratio	0.31	0.25	0.25	0.21	0.30	0.21
Current Ratio	0.41	0.30	0.29	0.24	0.33	0.25
Return on Equity (ROE)	-4.64%	-6.43%	-5.52%	-103.35%	-25.16%	-17.09%
Return on Assets (ROA)	-0.04%	-0.15%	-0.01%	-7.61%	-3.74%	-2.45%
Return on Invested Capital (ROIC)	-0.10%	-0.33%	-0.01%	-15.30%	-7.42%	-4.86%
Return on Capital Employed (ROCE)	-0.10%	-0.40%	0.00%	-17.80%	-8.40%	-5.60%
Earnings Yield	0.19%	-0.19%	-0.99%	-28.90%	-14.97%	-14.70%
FCF Yield	13.20%	11.76%	11.95%	-18.26%	6.13%	-10.84%
Payout Ratio	2204.46%	-	-	-	-	-
Buyback Yield / Dilution	-16.05%	-3.00%	-12.13%	-	-	-
Total Shareholder Return	-16.05%	-3.00%	-12.13%	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.