Air China Cargo Ratios and Metrics

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 13, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	64,829	72,277	110,619	-	-	-
Market Cap Growth	-20.63%	-34.66%	-	-	-	-
Enterprise Value	59,793	67,064	106,910	-	-	-
Last Close Price	5.31	5.92	9.12	-	-	-
PE Ratio	25.29	27.96	56.63	-	-	-
PS Ratio	2.83	3.16	5.37	-	-	-
PB Ratio	2.41	2.69	4.50	-	-	-
P/TBV Ratio	2.45	2.74	4.57	-	-	-
P/OCF Ratio	15.23	16.98	35.51	-	-	-
EV/Sales Ratio	2.61	2.93	5.19	-	-	-
EV/EBITDA Ratio	12.31	14.40	29.67	-	-	-
EV/EBIT Ratio	17.79	19.96	42.15	-	-	-
Debt / Equity Ratio	0.01	0.01	0.01	0.02	0.01	0.13
Debt / EBITDA Ratio	0.03	0.03	0.08	0.16	0.04	0.36
Debt / FCF Ratio	-	-	-	26.46	0.23	0.69
Net Debt / Equity Ratio	-0.19	-0.19	-0.23	-0.26	-0.30	-0.38
Net Debt / EBITDA Ratio	-1.08	-1.08	-1.58	-2.21	-1.18	-1.08
Net Debt / FCF Ratio	18.74	18.74	2.41	-345.86	-6.45	-1.94
Asset Turnover	0.80	0.80	0.82	0.68	1.00	1.20
Inventory Turnover	4093.66	4093.66	3930.90	2866.72	3832.07	4031.91
Quick Ratio	2.79	2.79	3.07	2.89	3.45	2.74
Current Ratio	2.89	2.89	3.21	2.97	3.56	2.92
Return on Equity (ROE)	10.05%	10.05%	8.82%	6.04%	16.89%	32.15%
Return on Assets (ROA)	7.29%	7.29%	6.29%	4.03%	11.08%	17.81%
Return on Invested Capital (ROIC)	11.82%	12.40%	11.43%	7.58%	25.00%	41.69%
Return on Capital Employed (ROCE)	12.50%	12.50%	10.30%	7.10%	21.70%	28.70%
Earnings Yield	3.99%	3.58%	1.77%	-	-	-
FCF Yield	-0.42%	-0.37%	-2.14%	-	-	-
Dividend Yield	1.64%	1.47%	0.71%	-	-	-
Payout Ratio	30.70%	30.70%	-	0.86%	81.30%	0.06%
Buyback Yield / Dilution	-13.42%	-13.42%	-3.49%	1.91%	-	-
Total Shareholder Return	-11.78%	-11.95%	-2.77%	1.91%	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.