China Airlines Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	209,139	203,879	184,817	150,722	138,841
Revenue Growth (YoY)	2.58%	10.31%	22.62%	8.56%	20.47%
Cost of Revenue	171,912	169,719	160,986	139,352	115,487
Gross Profit	37,227	34,160	23,831	11,370	23,354
Selling, General & Admin	14,672	14,387	11,837	7,403	7,334
Amortization of Goodwill & Intangibles	177.79	200.92	216.88	217.99	209.15
Operating Expenses	16,390	15,958	13,673	8,785	8,386
Operating Income	20,836	18,202	10,157	2,585	14,968
Interest Expense	-3,033	-2,750	-2,608	-2,541	-2,407
Interest & Investment Income	1,754	2,250	1,824	652.51	168.56
Earnings From Equity Investments	886.42	663.24	417.49	-74.84	-401.42
Currency Exchange Gain (Loss)	-542.66	194.66	808.73	797.02	-2.93
Other Non Operating Income (Expenses)	111.72	190.97	51.19	655.29	321.48
EBT Excluding Unusual Items	20,013	18,751	10,651	2,074	12,646
Gain (Loss) on Sale of Investments	4.63	-0.03	2.52	-	-60.44
Gain (Loss) on Sale of Assets	40.54	400.76	553.55	588.48	-1,275
Asset Writedown	-	124.02	-1,901	-1.64	-184.01
Pretax Income	20,059	19,276	9,305	2,661	11,127
Income Tax Expense	3,885	3,781	1,834	415.36	2,170
Earnings From Continuing Operations	16,173	15,495	7,471	2,245	8,957
Minority Interest in Earnings	-1,473	-1,112	-652.65	614.1	423.24
Net Income	14,700	14,383	6,819	2,860	9,380
Net Income to Common	14,700	14,383	6,819	2,860	9,380
Net Income Growth	2.20%	110.94%	138.45%	-69.52%	6599.93%
Shares Outstanding (Basic)	6,081	6,051	6,029	5,996	5,616
Shares Outstanding (Diluted)	6,184	6,169	6,150	6,143	6,141
Shares Change (YoY)	0.23%	0.32%	0.11%	0.03%	13.33%
EPS (Basic)	2.42	2.38	1.13	0.48	1.67
EPS (Diluted)	2.38	2.33	1.11	0.47	1.54
EPS Growth	1.94%	109.97%	136.99%	-69.53%	5857.65%
Free Cash Flow	-4,331	29,445	26,661	19,886	35,159
Free Cash Flow Per Share	-0.70	4.77	4.33	3.24	5.72
Dividend Per Share	-	0.796	0.690	0.460	0.831
Dividend Growth	-	15.32%	49.96%	-44.65%	-
Gross Margin	17.80%	16.75%	12.89%	7.54%	16.82%
Operating Margin	9.96%	8.93%	5.50%	1.71%	10.78%
Profit Margin	7.03%	7.05%	3.69%	1.90%	6.76%
Free Cash Flow Margin	-2.07%	14.44%	14.42%	13.19%	25.32%
EBITDA	37,418	34,244	27,228	19,792	32,890
EBITDA Margin	17.89%	16.80%	14.73%	13.13%	23.69%
D&A For EBITDA	16,582	16,041	17,071	17,207	17,922
EBIT	20,836	18,202	10,157	2,585	14,968
EBIT Margin	9.96%	8.93%	5.50%	1.71%	10.78%
Effective Tax Rate	19.37%	19.61%	19.71%	15.61%	19.50%

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