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 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Mar '26 Mar 9, 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	2019
Market Capitalization	69,469	110,619	-	-	-	-	Upgrade
Enterprise Value	64,255	106,910	-	-	-	-	Upgrade
Last Close Price	5.69	9.12	-	-	-	-	Upgrade
PE Ratio	24.90	56.63	-	-	-	-	Upgrade
PS Ratio	3.02	5.37	-	-	-	-	Upgrade
PB Ratio	2.66	4.50	-	-	-	-	Upgrade
P/TBV Ratio	2.71	4.57	-	-	-	-	Upgrade
P/OCF Ratio	16.36	35.51	-	-	-	-	Upgrade
EV/Sales Ratio	2.79	5.19	-	-	-	-	Upgrade
EV/EBITDA Ratio	13.12	29.70	-	-	-	-	Upgrade
EV/EBIT Ratio	18.17	42.15	-	-	-	-	Upgrade
Debt / Equity Ratio	0.01	0.01	0.02	0.01	0.13	0.31	Upgrade
Debt / EBITDA Ratio	0.03	0.08	0.16	0.04	0.36	0.54	Upgrade
Debt / FCF Ratio	-	-	26.46	0.23	0.69	0.87	Upgrade
Net Debt / Equity Ratio	-0.20	-0.23	-0.26	-0.30	-0.38	0.05	Upgrade
Net Debt / EBITDA Ratio	-1.11	-1.59	-2.21	-1.18	-1.08	0.08	Upgrade
Net Debt / FCF Ratio	3.26	2.41	-345.86	-6.45	-1.94	0.13	Upgrade
Asset Turnover	-	0.82	0.68	1.00	1.20	1.19	Upgrade
Inventory Turnover	-	3930.90	2866.72	3832.07	4031.91	3970.83	Upgrade
Quick Ratio	3.06	3.07	2.89	3.45	2.74	1.20	Upgrade
Current Ratio	3.17	3.21	2.97	3.56	2.92	1.23	Upgrade
Return on Equity (ROE)	-	8.82%	6.04%	16.89%	32.15%	41.73%	Upgrade
Return on Assets (ROA)	-	6.29%	4.03%	11.08%	17.81%	17.11%	Upgrade
Return on Invested Capital (ROIC)	12.88%	11.43%	7.58%	25.00%	41.69%	41.09%	Upgrade
Return on Capital Employed (ROCE)	13.50%	10.30%	7.10%	21.70%	28.70%	37.60%	Upgrade
Earnings Yield	3.86%	1.77%	-	-	-	-	Upgrade
FCF Yield	-2.30%	-2.14%	-	-	-	-	Upgrade
Dividend Yield	1.12%	0.71%	-	-	-	-	Upgrade
Payout Ratio	29.56%	-	0.86%	81.30%	0.06%	42.03%	Upgrade
Buyback Yield / Dilution	-12.03%	-3.49%	1.91%	-	-	-	Upgrade
Total Shareholder Return	-10.90%	-2.77%	1.91%	-	-	-	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.