Basket: Chinese Airlines

Median physical 76.4% Median FAT 0.65x Median capex/D&A 0.57x Median ROIC 5.9%
Symbol Name Sector Physical FAT Capex/D&A TBV/sh Coverage FCF yield ROIC Status
600115.SHG China Eastern Airlines Corp Ltd Industrials 82.6% 0.59x 0.77x CNY 1.14 0.40x 24.8% 1.4% Heavy & stretched
600029.SHG China Southern Airlines Co Ltd Class A Industrials 79.3% 0.67x 0.57x CNY 2.62 0.60x 23.9% 5.2% Heavy & stretched
601111.SHG Air China Ltd Class A Industrials 76.4% 0.65x 0.57x CNY 1.78 0.36x 22.8% โ€” Heavy & stretched
603885.SHG Juneyao Airlines Industrials 70.3% 0.62x 0.17x CNY 5.47 0.47x 31.6% 6.6% Heavy & stretched
600221.SHG Hainan Airlines Co Ltd A Industrials 59.2% 0.78x 0.20x CNY 0.07 2.14x 27.0% 8.6% Heavy & aging