Air China Ratios and Metrics

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 5, 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	145,514	122,800	105,883	133,649	111,175	98,052
Market Cap Growth	21.92%	15.98%	-20.77%	20.21%	13.38%	-23.87%
Enterprise Value	331,621	338,956	291,243	311,250	272,486	249,035
Last Close Price	9.02	7.91	7.34	10.60	9.13	7.49
PE Ratio	537.38	-	-	-	-	-
PS Ratio	0.86	0.74	0.75	2.53	1.49	1.41
PB Ratio	3.44	3.00	3.00	6.20	1.69	1.17
P/TBV Ratio	4.04	3.50	3.88	7.34	1.96	1.35
P/FCF Ratio	7.85	8.50	8.37	-	16.32	-
P/OCF Ratio	3.84	3.56	2.99	-	8.63	69.63
EV/Sales Ratio	2.03	2.03	2.06	5.88	3.66	3.58
EV/EBITDA Ratio	11.38	26.83	24.84	-	-	-
EV/FCF Ratio	17.88	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	-
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	12.74%	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.