China Stock Today

CEA
 Stock
  

USD 21.49  0.01  0.0465%   

Market Performance
10 of 100
Odds Of Distress
Less than 7
China Eastern is trading at 21.49 as of the 9th of December 2022, a -0.05 percent decrease since the beginning of the trading day. The stock's open price was 21.4999. China Eastern has only a 7 % chance of going through financial distress over the next few years and had a ok performance during the last 90 days. Equity ratings for China Eastern Airlines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of November 2022 and ending today, the 9th of December 2022. Click here to learn more.
CUSIP
16937R104
Fiscal Year End
December
Business Domain
Transportation
IPO Date
5th of February 1997
Category
Industrials
Classification
Industrials
China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the Peoples Republic of China, Hong Kong, Macau, Taiwan, and internationally. China Eastern Airlines Corporation Limited was founded in 1988 and is headquartered in Shanghai, the Peoples Republic of China. The company has 377.49 M outstanding shares of which 2.98 K shares are currently shorted by investors with about 0.77 days to cover. More on China Eastern Airlines

China Eastern Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. China Eastern's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding China Eastern or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The company has 132.92 B in debt with debt to equity (D/E) ratio of 8.93, demonstrating that the company may be unable to create cash to meet all of its financial commitments. China Eastern Airlines has a current ratio of 0.3, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist China Eastern until it has trouble settling it off, either with new capital or with free cash flow. So, China Eastern's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like China Eastern Airlines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for China to invest in growth at high rates of return. When we think about China Eastern's use of debt, we should always consider it together with cash and equity.
The entity reported the last year's revenue of 66.89 B. Reported Net Loss for the year was (17.51 B) with loss before taxes, overhead, and interest of (12.94 B).
Latest headline from news.google.com: Todays key market insights - FXStreet
ChairmanXulun Ma
Thematic IdeaAirlines (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering China Eastern report their recommendations after researching China Eastern's financial statements, talking to executives and customers, or listening in on China Eastern's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering China Eastern Airlines. The China consensus assessment is calculated by taking the average forecast from all of the analysts covering China Eastern.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of China Eastern Airlines based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of China Eastern Airlines financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares17.7 B18.8 B
Notably Down
Increasing
Slightly volatile
Return on Average Assets(0.0441)(0.043)
Fairly Down
Decreasing
Slightly volatile
Net Cash Flow from OperationsB5.8 B
Fairly Up
Decreasing
Stable
Current Liabilities85.5 B85.9 B
Slightly Down
Increasing
Slightly volatile
Total Liabilities215.6 B231.6 B
Significantly Down
Increasing
Slightly volatile
Gross Margin0.490.452
Significantly Up
Increasing
Slightly volatile
Total Debt172.9 B194.3 B
Fairly Down
Increasing
Slightly volatile
Asset Turnover0.340.234
Way Up
Decreasing
Slightly volatile
Current Assets25.2 B27.9 B
Moderately Down
Increasing
Slightly volatile
Total Assets272.1 B288.8 B
Notably Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of China Eastern's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
China Eastern's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to China Eastern's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand China Eastern's financial leverage. It provides some insight into what part of China Eastern's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on China Eastern's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how China Eastern deploys its capital and how much of that capital is borrowed.
Liquidity
China Eastern cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 132.92 B in debt with debt to equity (D/E) ratio of 8.93, demonstrating that the company may be unable to create cash to meet all of its financial commitments. China Eastern Airlines has a current ratio of 0.3, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist China Eastern until it has trouble settling it off, either with new capital or with free cash flow. So, China Eastern's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like China Eastern Airlines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for China to invest in growth at high rates of return. When we think about China Eastern's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

5.98 Billion
China Eastern Airlines (CEA) is traded on New York Stock Exchange in USA and employs 80,321 people. China Eastern is listed under Airlines category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 13.71 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate China Eastern's market, we take the total number of its shares issued and multiply it by China Eastern's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. China Eastern Airlines runs under Airlines sector within Industrials industry. The entity has 377.49 M outstanding shares of which 2.98 K shares are currently shorted by investors with about 0.77 days to cover. China Eastern Airlines has about 12.95 B in cash with 5.69 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 62.63, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check China Eastern Probability Of Bankruptcy
Ownership
China Eastern Airlines retains a total of 377.49 Million outstanding shares. Almost 100.0 percent of China Eastern outstanding shares are held by regular investors with 0.0 (percent) owned by insiders and only 0.19 % by other corporate entities. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check China Ownership Details

China Stock Price Odds Analysis

What are China Eastern's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of China Eastern jumping above the current price in 90 days from now is near 1%. The China Eastern Airlines probability density function shows the probability of China Eastern stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon China Eastern has a beta of 0.5688 suggesting as returns on the market go up, China Eastern average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding China Eastern Airlines will be expected to be much smaller as well. Additionally, the company has an alpha of 0.3879, implying that it can generate a 0.39 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 21.49HorizonTargetOdds Above 21.49
100.00%90 days
 21.49 
0.00%
Based on a normal probability distribution, the odds of China Eastern to move above the current price in 90 days from now is near 1 (This China Eastern Airlines probability density function shows the probability of China Stock to fall within a particular range of prices over 90 days) .

China Eastern Historical Income Statement

China Eastern Airlines Income Statement is one of the three primary financial statements used for reporting China's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of China Eastern Airlines revenue and expense. China Eastern Income Statement primarily focuses on the company's revenues and expenses during a particular period.
China Eastern Cost of Revenue is projected to decrease significantly based on the last few years of reporting. The past year's Cost of Revenue was at 36.81 Billion. The current year Gross Profit is expected to grow to about 39.4 B, whereas Consolidated Income is forecasted to decline to (13.6 B). View More Fundamentals

China Stock Against Markets

Picking the right benchmark for China Eastern stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in China Eastern stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for China Eastern is critical whether you are bullish or bearish towards China Eastern Airlines at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in China Eastern without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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China Eastern Corporate Directors

China Eastern corporate directors refer to members of a China Eastern board of directors. The board of directors generally takes responsibility for the China Eastern's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of China Eastern's board members must vote for the resolution. The China Eastern board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Hongping Cai - Independent DirectorProfile
Weihua Ma - Independent DirectorProfile
Jiadan Gu - DirectorProfile
Ruoshan Li - Independent DirectorProfile

Invested in China Eastern Airlines?

The danger of trading China Eastern Airlines is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of China Eastern is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than China Eastern. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile China Eastern Airlines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the China Eastern Airlines information on this page should be used as a complementary analysis to other China Eastern's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running China Eastern Airlines price analysis, check to measure China Eastern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Eastern is operating at the current time. Most of China Eastern's value examination focuses on studying past and present price action to predict the probability of China Eastern's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move China Eastern's price. Additionally, you may evaluate how the addition of China Eastern to your portfolios can decrease your overall portfolio volatility.
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Is China Eastern's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Eastern. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Eastern listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
13.7 B
Quarterly Revenue Growth YOY
(0.07) 
Return On Assets
(0.06) 
Return On Equity
(0.93) 
The market value of China Eastern Airlines is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Eastern's value that differs from its market value or its book value, called intrinsic value, which is China Eastern's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Eastern's market value can be influenced by many factors that don't directly affect China Eastern's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Eastern's value and its price as these two are different measures arrived at by different means. Investors typically determine China Eastern value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Eastern's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.