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Air China Ltd
Buy, Hold or Sell?

Let's analyse Air China Ltd together

PenkeI guess you are interested in Air China Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Air China Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Air China Ltd (30 sec.)










What can you expect buying and holding a share of Air China Ltd? (30 sec.)

How much money do you get?

How much money do you get?
HK$0.06
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
HK$2.54
Expected worth in 1 year
HK$2.45
How sure are you?
62.5%

+ What do you gain per year?

Total Gains per Share
HK$0.40
Return On Investment
10.8%

For what price can you sell your share?

Current Price per Share
HK$3.74
Expected price per share
HK$0 - HK$4.48
How sure are you?
50%

1. Valuation of Air China Ltd (5 min.)




Live pricePrice per Share (EOD)

HK$3.74

Intrinsic Value Per Share

HK$0.74 - HK$18.02

Total Value Per Share

HK$3.28 - HK$20.56

2. Growth of Air China Ltd (5 min.)




Is Air China Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$5.2b$6.8b-$2.4b-56.7%

How much money is Air China Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$736.8m-$1.3b$575.4m78.1%
Net Profit Margin-18.6%-59.7%--

How much money comes from the company's main activities?

3. Financial Health of Air China Ltd (5 min.)




4. Comparing to competitors in the Airlines industry (5 min.)




  Industry Rankings (Airlines)  


Richest
#13 / 74

Most Revenue
#20 / 74

Most Profit
#67 / 74

What can you expect buying and holding a share of Air China Ltd? (5 min.)

Welcome investor! Air China Ltd's management wants to use your money to grow the business. In return you get a share of Air China Ltd.

What can you expect buying and holding a share of Air China Ltd?

First you should know what it really means to hold a share of Air China Ltd. And how you can make/lose money.

Speculation

The Price per Share of Air China Ltd is HK$3.74. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Air China Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Air China Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$2.54. Based on the TTM, the Book Value Change Per Share is HK$-0.02 per quarter. Based on the YOY, the Book Value Change Per Share is HK$-0.70 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.12 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Air China Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 HK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per ShareHK$% of Price per Share
Usd Eps0.041.0%-0.02-0.6%-0.08-2.2%-0.03-0.7%0.00-0.1%
Usd Book Value Change Per Share0.030.7%0.00-0.1%-0.09-2.4%-0.04-1.0%-0.01-0.2%
Usd Dividend Per Share0.010.4%0.020.4%0.020.4%0.010.4%0.010.4%
Usd Total Gains Per Share0.041.1%0.010.3%-0.07-2.0%-0.02-0.6%0.010.1%
Usd Price Per Share0.68-0.79-0.76-0.81-0.82-
Price to Earnings Ratio4.67--11.59--2.36--8.79-2.20-
Price-to-Total Gains Ratio16.28-9.83--11.54-13.87-33.67-
Price to Book Ratio2.08-3.00-1.71-1.51-1.26-
Price-to-Total Gains Ratio16.28-9.83--11.54-13.87-33.67-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.477972
Number of shares2092
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.00-0.04
Usd Total Gains Per Share0.01-0.02
Gains per Quarter (2092 shares)26.90-47.91
Gains per Year (2092 shares)107.60-191.63
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1132-2598121-312-202
2265-50206241-624-394
3397-74314362-936-586
4529-99422482-1249-778
5662-124530603-1561-970
6794-149638723-1873-1162
7927-173746844-2185-1354
81059-198854964-2497-1546
91191-2239621085-2809-1738
101324-24810701205-3121-1930

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%1.011.00.08.3%5.015.00.025.0%23.017.00.057.5%48.021.00.069.6%
Book Value Change Per Share3.01.00.075.0%4.08.00.033.3%5.015.00.025.0%18.022.00.045.0%36.033.00.052.2%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%67.00.02.097.1%
Total Gains per Share3.01.00.075.0%4.08.00.033.3%8.012.00.040.0%25.015.00.062.5%49.020.00.071.0%

Fundamentals of Air China Ltd

About Air China Ltd

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services. The company is also involved in the import and export trading activities; and provision of cabin, airline catering, air ticketing, human resources, aircraft overhaul and maintenance, and financial services. Air China Limited was founded in 1988 and is headquartered in Beijing, the People's Republic of China.

Fundamental data was last updated by Penke on 2024-03-24 21:59:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Air China Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Air China Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Air China Ltd to the Airlines industry mean.
  • A Net Profit Margin of 9.2% means that $0.09 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Air China Ltd:

  • The MRQ is 9.2%. The company is making a profit. +1
  • The TTM is -18.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ9.2%TTM-18.6%+27.9%
TTM-18.6%YOY-59.7%+41.1%
TTM-18.6%5Y-22.3%+3.7%
5Y-22.3%10Y-8.7%-13.7%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2%2.3%+6.9%
TTM-18.6%3.7%-22.3%
YOY-59.7%-9.8%-49.9%
5Y-22.3%-21.2%-1.1%
10Y-8.7%-8.9%+0.2%
1.1.2. Return on Assets

Shows how efficient Air China Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Air China Ltd to the Airlines industry mean.
  • 1.3% Return on Assets means that Air China Ltd generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Air China Ltd:

  • The MRQ is 1.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is -1.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ1.3%TTM-1.8%+3.0%
TTM-1.8%YOY-3.2%+1.4%
TTM-1.8%5Y-1.3%-0.5%
5Y-1.3%10Y-0.3%-1.0%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%0.7%+0.6%
TTM-1.8%0.7%-2.5%
YOY-3.2%-1.5%-1.7%
5Y-1.3%-1.2%-0.1%
10Y-0.3%0.1%-0.4%
1.1.3. Return on Equity

Shows how efficient Air China Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Air China Ltd to the Airlines industry mean.
  • 10.9% Return on Equity means Air China Ltd generated $0.11 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Air China Ltd:

  • The MRQ is 10.9%. Using its investors money, the company is less efficient in making profit.
  • The TTM is -22.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ10.9%TTM-22.2%+33.0%
TTM-22.2%YOY-20.6%-1.6%
TTM-22.2%5Y-9.8%-12.4%
5Y-9.8%10Y-3.7%-6.0%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ10.9%9.6%+1.3%
TTM-22.2%3.8%-26.0%
YOY-20.6%-4.0%-16.6%
5Y-9.8%-6.7%-3.1%
10Y-3.7%-1.7%-2.0%

1.2. Operating Efficiency of Air China Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Air China Ltd is operating .

  • Measures how much profit Air China Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Air China Ltd to the Airlines industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Air China Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-14.0%+14.0%
TTM-14.0%YOY-49.9%+35.9%
TTM-14.0%5Y-20.2%+6.2%
5Y-20.2%10Y-9.4%-10.7%
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.8%-6.8%
TTM-14.0%4.4%-18.4%
YOY-49.9%-3.0%-46.9%
5Y-20.2%-16.4%-3.8%
10Y-9.4%-4.8%-4.6%
1.2.2. Operating Ratio

Measures how efficient Air China Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Airlines industry mean).
  • An Operation Ratio of 1.70 means that the operating costs are $1.70 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Air China Ltd:

  • The MRQ is 1.702. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.659. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.702TTM1.659+0.044
TTM1.659YOY2.638-0.980
TTM1.6595Y1.983-0.325
5Y1.98310Y1.491+0.493
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7021.211+0.491
TTM1.6591.219+0.440
YOY2.6381.280+1.358
5Y1.9831.695+0.288
10Y1.4911.322+0.169

1.3. Liquidity of Air China Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Air China Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Airlines industry mean).
  • A Current Ratio of 0.34 means the company has $0.34 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Air China Ltd:

  • The MRQ is 0.341. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.341. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.341TTM0.3410.000
TTM0.341YOY0.319+0.022
TTM0.3415Y0.312+0.029
5Y0.31210Y0.330-0.018
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3410.772-0.431
TTM0.3410.771-0.430
YOY0.3190.791-0.472
5Y0.3120.762-0.450
10Y0.3300.762-0.432
1.3.2. Quick Ratio

Measures if Air China Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Air China Ltd to the Airlines industry mean.
  • A Quick Ratio of 0.03 means the company can pay off $0.03 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Air China Ltd:

  • The MRQ is 0.030. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.153. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.030TTM0.153-0.123
TTM0.153YOY0.176-0.024
TTM0.1535Y0.172-0.019
5Y0.17210Y0.119+0.053
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0300.531-0.501
TTM0.1530.507-0.354
YOY0.1760.549-0.373
5Y0.1720.459-0.287
10Y0.1190.480-0.361

1.4. Solvency of Air China Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Air China Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Air China Ltd to Airlines industry mean.
  • A Debt to Asset Ratio of 0.89 means that Air China Ltd assets are financed with 88.8% credit (debt) and the remaining percentage (100% - 88.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Air China Ltd:

  • The MRQ is 0.888. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.905. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.888TTM0.905-0.018
TTM0.905YOY0.834+0.071
TTM0.9055Y0.758+0.147
5Y0.75810Y0.711+0.047
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8880.847+0.041
TTM0.9050.851+0.054
YOY0.8340.842-0.008
5Y0.7580.820-0.062
10Y0.7110.759-0.048
1.4.2. Debt to Equity Ratio

Measures if Air China Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Air China Ltd to the Airlines industry mean.
  • A Debt to Equity ratio of 770.2% means that company has $7.70 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Air China Ltd:

  • The MRQ is 7.702. The company is unable to pay all its debts with equity. -1
  • The TTM is 9.255. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ7.702TTM9.255-1.553
TTM9.255YOY5.442+3.813
TTM9.2555Y4.372+4.883
5Y4.37210Y3.331+1.041
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
MRQ7.7023.744+3.958
TTM9.2554.139+5.116
YOY5.4424.047+1.395
5Y4.3724.376-0.004
10Y3.3313.492-0.161

2. Market Valuation of Air China Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Air China Ltd generates.

  • Above 15 is considered overpriced but always compare Air China Ltd to the Airlines industry mean.
  • A PE ratio of 4.67 means the investor is paying $4.67 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Air China Ltd:

  • The EOD is 3.300. Based on the earnings, the company is cheap. +2
  • The MRQ is 4.667. Based on the earnings, the company is cheap. +2
  • The TTM is -11.591. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD3.300MRQ4.667-1.368
MRQ4.667TTM-11.591+16.258
TTM-11.591YOY-2.363-9.227
TTM-11.5915Y-8.794-2.796
5Y-8.79410Y2.202-10.996
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
EOD3.3003.143+0.157
MRQ4.6673.455+1.212
TTM-11.5913.539-15.130
YOY-2.363-1.080-1.283
5Y-8.7942.318-11.112
10Y2.2027.790-5.588
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Air China Ltd:

  • The EOD is 1.701. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.406. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.426. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.701MRQ2.406-0.705
MRQ2.406TTM2.426-0.020
TTM2.426YOY-13.727+16.153
TTM2.4265Y-117.890+120.316
5Y-117.89010Y-35.610-82.280
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
EOD1.7011.430+0.271
MRQ2.4061.260+1.146
TTM2.4261.882+0.544
YOY-13.7270.538-14.265
5Y-117.890-0.307-117.583
10Y-35.6100.151-35.761
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Air China Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Airlines industry mean).
  • A PB ratio of 2.08 means the investor is paying $2.08 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Air China Ltd:

  • The EOD is 1.473. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.083. Based on the equity, the company is underpriced. +1
  • The TTM is 3.004. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.473MRQ2.083-0.610
MRQ2.083TTM3.004-0.921
TTM3.004YOY1.710+1.294
TTM3.0045Y1.509+1.495
5Y1.50910Y1.257+0.252
Compared to industry (Airlines)
PeriodCompanyIndustry (mean)+/- 
EOD1.4731.541-0.068
MRQ2.0831.524+0.559
TTM3.0041.921+1.083
YOY1.7101.711-0.001
5Y1.5092.377-0.868
10Y1.2572.544-1.287
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Air China Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.208-0.023+111%-0.705+439%-0.292+240%-0.065+131%
Book Value Per Share--2.5402.147+18%3.673-31%5.288-52%5.941-57%
Current Ratio--0.3410.3410%0.319+7%0.312+9%0.330+3%
Debt To Asset Ratio--0.8880.905-2%0.834+6%0.758+17%0.711+25%
Debt To Equity Ratio--7.7029.255-17%5.442+42%4.372+76%3.331+131%
Dividend Per Share--0.1170.124-5%0.123-5%0.113+4%0.106+10%
Eps--0.283-0.183+164%-0.641+326%-0.205+172%-0.022+108%
Free Cash Flow Per Share--0.5500.065+743%-0.202+137%0.077+616%0.162+240%
Free Cash Flow To Equity Per Share--0.5500.199+176%0.097+465%0.052+957%-0.019+104%
Gross Profit Margin--1.0001.0000%1.0000%0.913+9%0.146+586%
Intrinsic Value_10Y_max--18.018--------
Intrinsic Value_10Y_min--0.743--------
Intrinsic Value_1Y_max--0.816--------
Intrinsic Value_1Y_min--0.007--------
Intrinsic Value_3Y_max--3.206--------
Intrinsic Value_3Y_min--0.079--------
Intrinsic Value_5Y_max--6.505--------
Intrinsic Value_5Y_min--0.216--------
Market Cap18533981818.880-362%85702194113.02097694912363.370-12%86241090160.938-1%91466987795.069-6%86867761406.122-1%
Net Profit Margin--0.092-0.186+301%-0.597+746%-0.223+341%-0.087+194%
Operating Margin----0.1400%-0.4990%-0.2020%-0.0940%
Operating Ratio--1.7021.659+3%2.638-35%1.983-14%1.491+14%
Pb Ratio1.473-41%2.0833.004-31%1.710+22%1.509+38%1.257+66%
Pe Ratio3.300-41%4.667-11.591+348%-2.363+151%-8.794+288%2.202+112%
Price Per Share3.740-41%5.2906.210-15%5.938-11%6.307-16%6.439-18%
Price To Free Cash Flow Ratio1.701-41%2.4062.426-1%-13.727+671%-117.890+5000%-35.610+1580%
Price To Total Gains Ratio11.511-41%16.2829.827+66%-11.535+171%13.874+17%33.665-52%
Quick Ratio--0.0300.153-81%0.176-83%0.172-83%0.119-75%
Return On Assets--0.013-0.018+242%-0.032+355%-0.013+204%-0.003+125%
Return On Equity--0.109-0.222+304%-0.206+289%-0.098+190%-0.037+135%
Total Gains Per Share--0.3250.101+223%-0.582+279%-0.179+155%0.041+687%
Usd Book Value--5258646576.1574351352830.457+21%6817690977.197-23%9678915083.960-46%10066518280.294-48%
Usd Book Value Change Per Share--0.027-0.003+111%-0.090+439%-0.037+240%-0.008+131%
Usd Book Value Per Share--0.3250.274+18%0.469-31%0.676-52%0.759-57%
Usd Dividend Per Share--0.0150.016-5%0.016-5%0.014+4%0.014+10%
Usd Eps--0.036-0.023+164%-0.082+326%-0.026+172%-0.003+108%
Usd Free Cash Flow--1138011314.037190073507.001+499%-375727396.976+133%144158293.309+689%270313276.628+321%
Usd Free Cash Flow Per Share--0.0700.008+743%-0.026+137%0.010+616%0.021+240%
Usd Free Cash Flow To Equity Per Share--0.0700.025+176%0.012+465%0.007+957%-0.002+104%
Usd Market Cap2368642876.453-362%10952740407.64412485409800.039-12%11021611322.568-1%11689481040.210-6%11101699907.702-1%
Usd Price Per Share0.478-41%0.6760.794-15%0.759-11%0.806-16%0.823-18%
Usd Profit--586656881.525-736812154.746+226%-1312291416.365+324%-533755586.245+191%-160413169.283+127%
Usd Revenue--6342593590.5725514045185.552+15%2729768224.397+132%3702654640.588+71%3841931734.937+65%
Usd Total Gains Per Share--0.0420.013+223%-0.074+279%-0.023+155%0.005+687%
 EOD+4 -4MRQTTM+25 -9YOY+20 -145Y+23 -1210Y+21 -14

3.2. Fundamental Score

Let's check the fundamental score of Air China Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.300
Price to Book Ratio (EOD)Between0-11.473
Net Profit Margin (MRQ)Greater than00.092
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.030
Current Ratio (MRQ)Greater than10.341
Debt to Asset Ratio (MRQ)Less than10.888
Debt to Equity Ratio (MRQ)Less than17.702
Return on Equity (MRQ)Greater than0.150.109
Return on Assets (MRQ)Greater than0.050.013
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Air China Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5030.377
Ma 20Greater thanMa 504.017
Ma 50Greater thanMa 1004.245
Ma 100Greater thanMa 2004.651
OpenGreater thanClose3.800
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Income before Tax  -11,133,883-13,539,181-24,673,06421,121,143-3,551,921-1,166,219-4,718,14010,460,3095,742,169
Minority Interest  1,657,477774,4272,431,904-2,056,154375,749-105,334270,416-1,344,461-1,074,045
Net Income  -9,380,030-11,375,350-20,755,38017,588,715-3,166,665-563,132-3,729,7978,320,2274,590,429
Operating Income  -6,862,022-13,125,533-19,987,55616,747,963-3,239,5932,267,651-971,9427,400,2176,428,275
Net Income from Continuing Operations  -11,037,508-2,774,014-13,811,52210,269,107-3,542,4152,704,631-837,7836,502,2585,664,474



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets338,864,552
Total Liabilities300,838,982
Total Stockholder Equity39,061,556
 As reported
Total Liabilities 300,838,982
Total Stockholder Equity+ 39,061,556
Total Assets = 338,864,552

Assets

Total Assets338,864,552
Total Current Assets38,513,327
Long-term Assets300,351,225
Total Current Assets
Cash And Cash Equivalents 22,219,322
Short-term Investments 2,687
Net Receivables 3,343,487
Inventory 3,916,847
Other Current Assets 2,938,315
Total Current Assets  (as reported)38,513,327
Total Current Assets  (calculated)32,420,658
+/- 6,092,669
Long-term Assets
Property Plant Equipment 258,577,165
Goodwill 4,097,942
Intangible Assets 5,497,440
Long-term Assets Other 7,160
Long-term Assets  (as reported)300,351,225
Long-term Assets  (calculated)268,179,707
+/- 32,171,518

Liabilities & Shareholders' Equity

Total Current Liabilities112,899,276
Long-term Liabilities187,939,706
Total Stockholder Equity39,061,556
Total Current Liabilities
Short Long Term Debt 23,341,530
Accounts payable 22,974,979
Other Current Liabilities 7,784,981
Total Current Liabilities  (as reported)112,899,276
Total Current Liabilities  (calculated)54,101,490
+/- 58,797,786
Long-term Liabilities
Long term Debt 84,176,927
Capital Lease Obligations Min Short Term Debt68,640,093
Long-term Liabilities Other 34,124,407
Long-term Liabilities  (as reported)187,939,706
Long-term Liabilities  (calculated)186,941,427
+/- 998,279
Total Stockholder Equity
Total Stockholder Equity (as reported)39,061,556
Total Stockholder Equity (calculated)0
+/- 39,061,556
Other
Capital Stock16,200,793
Common Stock Shares Outstanding 16,200,793
Net Debt 85,299,135
Net Invested Capital 146,580,013
Net Working Capital -74,385,949
Property Plant and Equipment Gross 258,577,165



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302005-12-312005-06-302004-12-31
> Total Assets 
66,689,269
66,795,197
69,061,960
72,058,487
87,603,528
87,117,437
82,796,000
83,605,470
85,134,723
88,295,239
93,179,455
95,269,678
97,554,239
98,897,743
99,788,035
100,240,561
101,959,366
106,163,207
109,290,876
139,578,340
145,746,713
155,219,613
158,338,567
164,224,541
171,421,348
173,323,568
172,406,090
178,062,504
184,587,046
185,710,906
193,456,723
196,916,580
204,549,853
205,361,883
205,636,613
203,948,660
207,714,699
209,642,869
210,693,979
216,661,036
220,456,991
213,703,535
219,221,265
225,448,355
229,162,286
224,128,192
233,352,304
229,113,746
239,073,681
235,717,816
234,620,919
245,502,634
252,579,331
243,716,006
281,178,118
285,508,568
289,007,619
294,253,553
293,524,188
293,636,472
290,845,914
284,070,710
288,384,073
287,991,744
287,445,792
298,381,190
293,138,034
299,331,696
296,940,407
294,979,377
345,152,642
344,486,909
338,864,552
338,864,552344,486,909345,152,642294,979,377296,940,407299,331,696293,138,034298,381,190287,445,792287,991,744288,384,073284,070,710290,845,914293,636,472293,524,188294,253,553289,007,619285,508,568281,178,118243,716,006252,579,331245,502,634234,620,919235,717,816239,073,681229,113,746233,352,304224,128,192229,162,286225,448,355219,221,265213,703,535220,456,991216,661,036210,693,979209,642,869207,714,699203,948,660205,636,613205,361,883204,549,853196,916,580193,456,723185,710,906184,587,046178,062,504172,406,090173,323,568171,421,348164,224,541158,338,567155,219,613145,746,713139,578,340109,290,876106,163,207101,959,366100,240,56199,788,03598,897,74397,554,23995,269,67893,179,45588,295,23985,134,72383,605,47082,796,00087,117,43787,603,52872,058,48769,061,96066,795,19766,689,269
   > Total Current Assets 
0
0
8,026,897
8,538,515
14,337,767
11,458,422
8,474,000
9,664,259
9,090,460
8,671,900
9,630,551
9,917,199
9,460,425
9,226,390
9,218,263
8,894,120
9,285,949
7,178,764
8,964,388
13,410,857
15,280,361
20,988,132
20,852,206
22,294,861
23,419,075
21,461,660
17,300,121
20,031,825
21,798,762
20,548,320
23,737,818
24,463,747
27,737,728
25,425,611
21,185,526
20,401,462
21,218,931
20,490,059
19,515,885
20,971,461
21,026,486
19,527,614
21,099,541
20,255,112
20,753,849
19,322,381
28,546,156
24,832,302
28,995,743
20,759,333
18,278,189
24,366,868
25,927,284
23,726,107
22,959,052
25,587,332
24,629,245
24,816,856
26,212,520
28,469,632
24,895,579
19,735,901
24,718,934
23,498,412
22,464,873
30,396,728
26,015,418
32,449,565
26,767,559
22,245,131
45,439,221
43,266,544
38,513,327
38,513,32743,266,54445,439,22122,245,13126,767,55932,449,56526,015,41830,396,72822,464,87323,498,41224,718,93419,735,90124,895,57928,469,63226,212,52024,816,85624,629,24525,587,33222,959,05223,726,10725,927,28424,366,86818,278,18920,759,33328,995,74324,832,30228,546,15619,322,38120,753,84920,255,11221,099,54119,527,61421,026,48620,971,46119,515,88520,490,05921,218,93120,401,46221,185,52625,425,61127,737,72824,463,74723,737,81820,548,32021,798,76220,031,82517,300,12121,461,66023,419,07522,294,86120,852,20620,988,13215,280,36113,410,8578,964,3887,178,7649,285,9498,894,1209,218,2639,226,3909,460,4259,917,1999,630,5518,671,9009,090,4609,664,2598,474,00011,458,42214,337,7678,538,5158,026,89700
       Cash And Cash Equivalents 
0
0
2,744,162
2,818,507
7,743,619
5,517,757
3,291,000
3,935,981
2,967,859
3,787,152
4,493,080
4,558,193
4,049,800
4,663,792
4,601,133
3,902,568
4,575,296
3,201,568
4,526,364
7,058,305
8,601,033
15,011,027
14,580,354
15,623,593
16,599,513
15,420,242
10,935,386
12,207,835
13,618,987
12,590,884
14,850,404
14,682,342
18,560,025
15,507,677
11,095,064
9,154,556
10,588,476
9,734,557
9,037,969
9,296,318
10,260,916
7,793,044
8,816,113
8,397,932
9,419,791
7,322,356
15,680,112
11,661,198
12,520,406
6,260,074
6,264,280
9,871,800
9,645,275
7,807,572
6,727,921
8,374,494
8,253,213
9,663,667
11,197,453
14,107,088
9,698,597
6,575,243
9,912,976
8,451,613
9,482,681
15,934,713
11,953,983
19,419,374
14,577,834
11,435,877
32,638,728
26,614,822
22,219,322
22,219,32226,614,82232,638,72811,435,87714,577,83419,419,37411,953,98315,934,7139,482,6818,451,6139,912,9766,575,2439,698,59714,107,08811,197,4539,663,6678,253,2138,374,4946,727,9217,807,5729,645,2759,871,8006,264,2806,260,07412,520,40611,661,19815,680,1127,322,3569,419,7918,397,9328,816,1137,793,04410,260,9169,296,3189,037,9699,734,55710,588,4769,154,55611,095,06415,507,67718,560,02514,682,34214,850,40412,590,88413,618,98712,207,83510,935,38615,420,24216,599,51315,623,59314,580,35415,011,0278,601,0337,058,3054,526,3643,201,5684,575,2963,902,5684,601,1334,663,7924,049,8004,558,1934,493,0803,787,1522,967,8593,935,9813,291,0005,517,7577,743,6192,818,5072,744,16200
       Short-term Investments 
0
0
0
0
0
0
153,000
212,572
127,508
6,493
46,207
104,157
0
253,406
228,384
0
0
0
0
23,073
25,968
27,379
33,280
19,748
18,363
12,144
14,239
14,392
13,735
12,671
13,022
11,701
12,503
11,350
11,909
10,753
24,064
12,534
14,154
13,825
24,136
995
913
598
551
222
10,229
20,173
40,351
19,938
402,302
83,632
124,363
0
0
0
0
0
0
0
0
0
50,014
0
0
4,157
3,500
3,221
52,772
3,398
3,127
112,981
2,687
2,687112,9813,1273,39852,7723,2213,5004,1570050,014000000000124,36383,632402,30219,93840,35120,17310,22922255159891399524,13613,82514,15412,53424,06410,75311,90911,35012,50311,70113,02212,67113,73514,39214,23912,14418,36319,74833,28027,37925,96823,0730000228,384253,4060104,15746,2076,493127,508212,572153,000000000
       Net Receivables 
2,833,586
6,744,862
3,801,561
3,921,624
0
3,871,426
0
4,364,737
0
3,811,131
0
4,037,517
0
3,186,306
0
3,835,160
0
2,695,668
0
4,681,231
0
4,333,628
0
4,992,141
0
4,316,127
0
6,015,661
0
6,215,963
0
7,339,217
0
6,998,379
0
8,788,713
0
8,136,043
0
8,565,737
0
8,130,705
0
5,908,013
0
7,126,552
0
7,596,520
0
3,490,427
0
4,605,821
0
5,373,972
6,388,352
7,386,958
7,210,743
11,640,656
8,425,674
9,954,910
8,471,475
6,440,625
7,208,774
9,930,522
5,881,255
10,154,273
5,032,959
8,528,027
5,124,381
6,856,180
6,099,219
11,813,701
3,343,487
3,343,48711,813,7016,099,2196,856,1805,124,3818,528,0275,032,95910,154,2735,881,2559,930,5227,208,7746,440,6258,471,4759,954,9108,425,67411,640,6567,210,7437,386,9586,388,3525,373,97204,605,82103,490,42707,596,52007,126,55205,908,01308,130,70508,565,73708,136,04308,788,71306,998,37907,339,21706,215,96306,015,66104,316,12704,992,14104,333,62804,681,23102,695,66803,835,16003,186,30604,037,51703,811,13104,364,73703,871,42603,921,6243,801,5616,744,8622,833,586
       Other Current Assets 
491,276
360,557
365,263
3,134,962
0
445,083
0
404,915
0
311,784
0
385,723
0
309,945
0
347,164
0
350,257
0
573,464
0
683,781
0
567,063
0
584,983
0
606,548
0
623,754
0
1,298,006
0
1,863,588
0
1,371,939
0
1,506,746
0
1,434,416
0
1,872,128
0
3,953,296
0
3,192,618
0
3,488,465
0
7,027,291
0
7,735,224
0
8,522,175
4,524,181
7,548,511
3,000,032
1,413,860
3,792,020
1,774,402
4,047,532
4,866,043
5,094,183
1,756,517
4,694,699
978,352
6,413,860
432,086
4,545,206
387,295
3,406,924
510,012
2,938,315
2,938,315510,0123,406,924387,2954,545,206432,0866,413,860978,3524,694,6991,756,5175,094,1834,866,0434,047,5321,774,4023,792,0201,413,8603,000,0327,548,5114,524,1818,522,17507,735,22407,027,29103,488,46503,192,61803,953,29601,872,12801,434,41601,506,74601,371,93901,863,58801,298,0060623,7540606,5480584,9830567,0630683,7810573,4640350,2570347,1640309,9450385,7230311,7840404,9150445,08303,134,962365,263360,557491,276
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
258,219,066
259,921,236
264,378,374
269,436,697
267,311,668
265,166,840
265,950,335
264,334,809
263,665,139
264,530,039
264,980,919
268,018,424
267,122,616
266,882,131
270,172,848
272,766,204
299,713,421
301,248,409
300,351,225
300,351,225301,248,409299,713,421272,766,204270,172,848266,882,131267,122,616268,018,424264,980,919264,530,039263,665,139264,334,809265,950,335265,166,840267,311,668269,436,697264,378,374259,921,236258,219,066000000000000000000000000000000000000000000000000000000
       Property Plant Equipment 
43,441,637
43,249,405
47,190,728
50,142,552
61,802,631
54,767,664
59,973,000
61,180,949
62,971,377
65,968,264
70,347,708
73,262,166
75,536,178
77,132,040
77,904,840
78,158,693
79,775,218
80,878,658
82,319,025
105,132,486
108,954,635
111,743,286
114,744,208
119,959,216
125,888,479
129,303,895
132,642,923
135,889,555
140,200,380
142,281,000
146,691,315
149,804,053
153,651,591
155,761,214
160,021,596
159,291,060
161,755,523
166,056,469
167,490,714
171,950,987
174,142,836
170,015,213
173,718,113
179,650,848
182,527,884
178,230,971
178,490,927
179,348,349
184,973,070
189,016,675
190,955,599
194,059,484
198,353,916
192,966,309
230,459,510
234,969,803
235,256,194
240,993,352
239,465,225
238,426,620
236,847,178
237,930,731
236,656,465
237,145,294
236,726,186
239,085,633
238,704,115
237,296,109
238,627,177
241,870,098
260,153,340
260,520,862
258,577,165
258,577,165260,520,862260,153,340241,870,098238,627,177237,296,109238,704,115239,085,633236,726,186237,145,294236,656,465237,930,731236,847,178238,426,620239,465,225240,993,352235,256,194234,969,803230,459,510192,966,309198,353,916194,059,484190,955,599189,016,675184,973,070179,348,349178,490,927178,230,971182,527,884179,650,848173,718,113170,015,213174,142,836171,950,987167,490,714166,056,469161,755,523159,291,060160,021,596155,761,214153,651,591149,804,053146,691,315142,281,000140,200,380135,889,555132,642,923129,303,895125,888,479119,959,216114,744,208111,743,286108,954,635105,132,48682,319,02580,878,65879,775,21878,158,69377,904,84077,132,04075,536,17873,262,16670,347,70865,968,26462,971,37761,180,94959,973,00054,767,66461,802,63150,142,55247,190,72843,249,40543,441,637
       Goodwill 
0
0
0
0
0
0
1,322,000
131,945
131,945
131,945
499,775
511,309
511,309
349,055
349,055
349,055
349,055
349,055
349,055
1,449,030
1,449,030
1,449,030
1,425,722
1,279,076
1,279,076
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,102,185
1,099,975
1,102,185
1,099,975
1,102,185
1,102,185
1,102,185
1,099,975
1,102,185
4,095,733
4,097,942
4,097,9424,095,7331,102,1851,099,9751,102,1851,102,1851,102,1851,099,9751,102,1851,099,9751,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,102,1851,279,0761,279,0761,425,7221,449,0301,449,0301,449,030349,055349,055349,055349,055349,055349,055511,309511,309499,775131,945131,945131,9451,322,000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,331,464
0
15,327,644
0
16,636,013
0
17,611,243
0
17,851,421
0
17,049,886
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000017,049,886017,851,421017,611,243016,636,013015,327,644016,331,464000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
506,023
497,063
491,016
552,460
519,000
525,322
518,549
1,396,620
1,581,235
1,747,235
1,745,472
2,563,887
2,557,283
2,558,048
2,546,596
2,576,301
2,557,068
2,768,263
2,763,534
2,867,600
2,897,720
2,885,195
2,860,935
2,805,249
2,832,286
2,802,582
2,775,423
2,810,814
2,803,615
2,783,278
2,893,524
2,864,299
2,880,055
3,242,350
3,245,262
3,619,450
3,992,840
4,134,968
4,109,304
4,169,341
4,243,249
4,245,362
4,232,213
4,252,314
4,221,131
4,425,929
4,429,450
4,400,762
4,351,190
4,452,612
4,022,614
3,759,144
3,722,359
3,784,794
3,744,113
3,722,394
3,667,790
3,624,093
3,577,035
3,597,206
3,582,001
36,559
3,545,707
35,430
3,502,815
3,453,371
4,250,114
35,031
4,851,646
106,586
5,497,440
5,497,440106,5864,851,64635,0314,250,1143,453,3713,502,81535,4303,545,70736,5593,582,0013,597,2063,577,0353,624,0933,667,7903,722,3943,744,1133,784,7943,722,3593,759,1444,022,6144,452,6124,351,1904,400,7624,429,4504,425,9294,221,1314,252,3144,232,2134,245,3624,243,2494,169,3414,109,3044,134,9683,992,8403,619,4503,245,2623,242,3502,880,0552,864,2992,893,5242,783,2782,803,6152,810,8142,775,4232,802,5822,832,2862,805,2492,860,9352,885,1952,897,7202,867,6002,763,5342,768,2632,557,0682,576,3012,546,5962,558,0482,557,2832,563,8871,745,4721,747,2351,581,2351,396,620518,549525,322519,000552,460491,016497,063506,02300
       Long-term Assets Other 
0
0
918,014
867,440
47,803
2,111,564
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
898,606
898,151
856,377
1,040,419
1,164,656
1,207,308
1,255,492
1,688,451
1,251,962
1,817,539
127,827,765
0
0
0
0
0
0
0
0
2,128
7,198
7,160
7,160
7,1607,1607,1982,12800000000127,827,7651,817,5391,251,9621,688,4511,255,4921,207,3081,164,6561,040,419856,377898,151898,606000000000000000000000000000000000000000000002,111,56447,803867,440918,01400
> Total Liabilities 
48,660,727
47,009,428
46,450,167
49,620,107
52,475,459
52,199,819
52,132,000
54,203,006
53,678,669
56,856,930
60,647,161
63,605,231
67,913,791
78,610,201
78,621,991
77,051,940
77,905,457
82,201,764
83,171,123
111,507,013
112,395,863
113,520,293
114,333,272
118,153,907
121,553,339
123,822,047
122,645,726
128,706,615
131,659,725
131,764,377
138,292,625
141,783,680
146,264,580
147,418,890
147,422,503
146,525,228
147,254,402
150,171,245
149,269,651
152,425,920
152,274,919
147,108,397
149,849,760
155,258,157
154,507,394
147,654,552
144,026,207
139,980,074
144,727,721
140,785,986
137,028,016
146,874,186
149,290,745
143,159,074
183,984,194
188,486,559
187,298,073
192,876,910
197,355,569
204,501,623
203,163,235
200,256,580
210,944,140
216,557,229
214,259,896
237,012,633
237,282,706
254,694,816
261,604,740
271,402,201
315,810,676
309,572,110
300,838,982
300,838,982309,572,110315,810,676271,402,201261,604,740254,694,816237,282,706237,012,633214,259,896216,557,229210,944,140200,256,580203,163,235204,501,623197,355,569192,876,910187,298,073188,486,559183,984,194143,159,074149,290,745146,874,186137,028,016140,785,986144,727,721139,980,074144,026,207147,654,552154,507,394155,258,157149,849,760147,108,397152,274,919152,425,920149,269,651150,171,245147,254,402146,525,228147,422,503147,418,890146,264,580141,783,680138,292,625131,764,377131,659,725128,706,615122,645,726123,822,047121,553,339118,153,907114,333,272113,520,293112,395,863111,507,01383,171,12382,201,76477,905,45777,051,94078,621,99178,610,20167,913,79163,605,23160,647,16156,856,93053,678,66954,203,00652,132,00052,199,81952,475,45949,620,10746,450,16747,009,42848,660,727
   > Total Current Liabilities 
22,972,814
24,155,255
24,235,407
26,628,903
27,310,891
26,560,524
25,687,000
27,345,304
25,538,495
26,092,268
26,642,048
29,907,198
30,702,228
42,695,897
37,291,483
38,288,297
38,803,845
36,394,306
37,435,738
50,174,769
49,863,469
50,633,098
50,456,787
53,460,272
52,015,332
57,867,384
53,754,606
60,993,588
60,987,512
55,811,383
58,544,306
73,373,748
69,749,856
69,644,261
63,426,038
60,037,722
60,984,263
60,472,271
57,207,235
59,784,135
54,685,317
50,213,346
55,867,574
66,429,639
66,832,769
63,846,434
64,203,268
63,678,243
67,280,960
71,755,085
69,849,882
76,719,597
77,731,810
72,231,076
75,335,070
77,447,795
75,380,585
77,629,717
81,723,362
93,056,100
87,549,648
80,394,185
87,263,289
85,655,880
81,890,469
91,415,724
92,929,788
87,829,751
90,568,083
92,482,608
113,945,282
112,338,189
112,899,276
112,899,276112,338,189113,945,28292,482,60890,568,08387,829,75192,929,78891,415,72481,890,46985,655,88087,263,28980,394,18587,549,64893,056,10081,723,36277,629,71775,380,58577,447,79575,335,07072,231,07677,731,81076,719,59769,849,88271,755,08567,280,96063,678,24364,203,26863,846,43466,832,76966,429,63955,867,57450,213,34654,685,31759,784,13557,207,23560,472,27160,984,26360,037,72263,426,03869,644,26169,749,85673,373,74858,544,30655,811,38360,987,51260,993,58853,754,60657,867,38452,015,33253,460,27250,456,78750,633,09849,863,46950,174,76937,435,73836,394,30638,803,84538,288,29737,291,48342,695,89730,702,22829,907,19826,642,04826,092,26825,538,49527,345,30425,687,00026,560,52427,310,89126,628,90324,235,40724,155,25522,972,814
       Short-term Debt 
0
0
7,477,498
9,655,429
8,259,550
8,509,375
8,971,000
9,600,422
7,831,160
6,546,088
6,810,312
7,606,236
7,947,930
9,379,700
8,067,171
6,745,850
7,193,487
8,870,400
10,022,909
14,151,056
12,735,412
15,703,154
15,779,009
14,329,373
11,983,922
11,507,317
12,554,137
13,972,278
15,776,170
18,287,697
20,648,870
28,825,868
23,915,382
23,521,013
20,766,755
22,892,353
21,600,118
21,311,494
18,994,781
16,397,750
9,027,050
5,654,484
13,538,906
23,714,166
23,569,372
19,636,031
22,078,904
17,598,297
16,123,526
20,683,075
20,049,222
24,037,886
23,925,242
21,029,028
21,111,219
17,971,628
21,122,958
20,948,336
36,731,251
45,963,450
38,979,318
29,837,897
35,252,582
24,212,960
22,306,828
199,276
0
445,858
0
0
0
419,064
0
0419,064000445,8580199,27622,306,82824,212,96035,252,58229,837,89738,979,31845,963,45036,731,25120,948,33621,122,95817,971,62821,111,21921,029,02823,925,24224,037,88620,049,22220,683,07516,123,52617,598,29722,078,90419,636,03123,569,37223,714,16613,538,9065,654,4849,027,05016,397,75018,994,78121,311,49421,600,11822,892,35320,766,75523,521,01323,915,38228,825,86820,648,87018,287,69715,776,17013,972,27812,554,13711,507,31711,983,92214,329,37315,779,00915,703,15412,735,41214,151,05610,022,9098,870,4007,193,4876,745,8508,067,1719,379,7007,947,9307,606,2366,810,3126,546,0887,831,1609,600,4228,971,0008,509,3758,259,5509,655,4297,477,49800
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
106,203,886
0
95,803,506
0
7,971,524
0
7,824,101
0
6,165,873
21,111,219
17,971,628
21,122,958
20,948,336
36,731,251
45,963,450
38,979,318
29,837,897
35,252,582
28,454,239
24,836,972
22,001,916
19,442,120
24,959,986
19,149,461
21,952,296
34,148,985
28,215,701
23,341,530
23,341,53028,215,70134,148,98521,952,29619,149,46124,959,98619,442,12022,001,91624,836,97228,454,23935,252,58229,837,89738,979,31845,963,45036,731,25120,948,33621,122,95817,971,62821,111,2196,165,87307,824,10107,971,524095,803,5060106,203,886000000000000000000000000000000000000000000000
       Accounts payable 
4,805,641
5,877,602
4,929,301
5,763,798
0
5,872,406
0
7,446,394
0
6,338,341
0
7,934,562
0
9,276,028
0
10,138,845
0
6,567,419
0
8,019,238
0
7,708,812
0
9,426,103
0
9,794,135
0
10,318,782
0
8,379,235
0
7,720,837
0
8,987,599
0
10,446,461
0
9,126,896
0
8,978,536
0
9,094,928
0
12,186,362
0
9,168,001
0
10,860,715
0
11,770,702
0
12,786,200
0
13,737,055
17,700,209
18,043,333
17,228,493
13,269,205
16,150,650
11,491,674
15,128,179
12,802,666
14,474,559
12,550,181
14,896,695
10,639,868
14,783,095
11,128,312
15,500,198
9,128,454
19,166,300
18,082,511
22,974,979
22,974,97918,082,51119,166,3009,128,45415,500,19811,128,31214,783,09510,639,86814,896,69512,550,18114,474,55912,802,66615,128,17911,491,67416,150,65013,269,20517,228,49318,043,33317,700,20913,737,055012,786,200011,770,702010,860,71509,168,001012,186,36209,094,92808,978,53609,126,896010,446,46108,987,59907,720,83708,379,235010,318,78209,794,13509,426,10307,708,81208,019,23806,567,419010,138,84509,276,02807,934,56206,338,34107,446,39405,872,40605,763,7984,929,3015,877,6024,805,641
       Other Current Liabilities 
7,655,976
7,010,374
6,260,794
5,648,003
0
6,587,059
0
5,588,735
0
6,918,782
0
5,865,575
0
14,409,438
0
9,478,938
0
9,861,049
0
14,757,805
0
16,285,591
0
16,948,346
0
19,684,138
0
18,853,195
0
15,743,963
0
17,750,614
0
17,295,129
0
17,099,166
0
17,301,236
0
19,354,103
0
23,864,131
0
30,529,111
0
22,603,264
0
24,711,887
0
25,092,312
0
18,132,600
0
18,524,579
26,545,585
29,275,599
8,262,214
21,019,643
12,243,931
12,121,074
13,553,947
13,600,753
12,632,145
13,968,128
17,051,484
18,993,231
19,966,578
21,495,042
21,486,880
16,606,320
17,395,455
24,628,640
7,784,981
7,784,98124,628,64017,395,45516,606,32021,486,88021,495,04219,966,57818,993,23117,051,48413,968,12812,632,14513,600,75313,553,94712,121,07412,243,93121,019,6438,262,21429,275,59926,545,58518,524,579018,132,600025,092,312024,711,887022,603,264030,529,111023,864,131019,354,103017,301,236017,099,166017,295,129017,750,614015,743,963018,853,195019,684,138016,948,346016,285,591014,757,80509,861,04909,478,938014,409,43805,865,57506,918,78205,588,73506,587,05905,648,0036,260,7947,010,3747,655,976
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
108,649,124
111,038,764
111,917,488
115,247,193
115,632,207
111,445,523
115,613,587
119,862,395
123,680,851
125,109,201
132,369,427
141,134,355
144,352,918
166,865,065
171,036,657
180,968,541
201,865,394
199,254,411
187,939,706
187,939,706199,254,411201,865,394180,968,541171,036,657166,865,065144,352,918141,134,355132,369,427125,109,201123,680,851119,862,395115,613,587111,445,523115,632,207115,247,193111,917,488111,038,764108,649,124000000000000000000000000000000000000000000000000000000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
59,906,871
0
60,494,345
0
61,433,576
0
99,808,031
0
103,185,318
0
99,337,093
0
107,737,775
0
113,590,306
0
129,467,098
0
155,076,933
0
169,744,463
0
179,632,912
0
0179,632,9120169,744,4630155,076,9330129,467,0980113,590,3060107,737,775099,337,0930103,185,318099,808,031061,433,576060,494,345059,906,8710000000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
-7,477,498
-9,655,429
-8,259,550
-8,509,375
-8,971,000
-9,600,422
-7,831,160
-6,546,088
-6,810,312
-7,606,236
-7,947,930
-9,379,700
-8,067,171
-6,745,850
-7,193,487
-8,870,400
-10,022,909
-14,151,056
-12,735,412
-15,703,154
-15,779,009
-14,329,373
-11,983,922
-11,507,317
-12,554,137
-13,972,278
-15,776,170
-18,287,697
-20,648,870
-28,825,868
-23,915,382
-23,521,013
-20,766,755
-22,892,353
-21,600,118
-21,311,494
-18,994,781
-16,397,750
-9,027,050
-5,654,484
-13,538,906
-23,714,166
-23,569,372
-19,636,031
-22,078,904
-17,598,297
-16,123,526
-20,683,075
-20,049,222
-24,037,886
-23,925,242
-21,029,028
60,396,066
64,934,331
61,939,006
65,638,017
49,480,576
35,723,744
39,816,362
46,260,781
41,455,187
52,784,209
53,911,475
76,147,775
77,056,885
76,895,872
78,347,175
76,897,347
79,997,283
72,788,387
68,640,093
68,640,09372,788,38779,997,28376,897,34778,347,17576,895,87277,056,88576,147,77553,911,47552,784,20941,455,18746,260,78139,816,36235,723,74449,480,57665,638,01761,939,00664,934,33160,396,066-21,029,028-23,925,242-24,037,886-20,049,222-20,683,075-16,123,526-17,598,297-22,078,904-19,636,031-23,569,372-23,714,166-13,538,906-5,654,484-9,027,050-16,397,750-18,994,781-21,311,494-21,600,118-22,892,353-20,766,755-23,521,013-23,915,382-28,825,868-20,648,870-18,287,697-15,776,170-13,972,278-12,554,137-11,507,317-11,983,922-14,329,373-15,779,009-15,703,154-12,735,412-14,151,056-10,022,909-8,870,400-7,193,487-6,745,850-8,067,171-9,379,700-7,947,930-7,606,236-6,810,312-6,546,088-7,831,160-9,600,422-8,971,000-8,509,375-8,259,550-9,655,429-7,477,49800
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
103,017,870
105,492,509
5,934,165
108,883,021
5,896,040
104,888,984
5,334,275
5,287,952
5,220,242
5,069,960
5,017,821
10,576,475
10,608,175
25,727,498
24,664,918
25,065,565
32,970,542
33,450,867
34,124,407
34,124,40733,450,86732,970,54225,065,56524,664,91825,727,49810,608,17510,576,4755,017,8215,069,9605,220,2425,287,9525,334,275104,888,9845,896,040108,883,0215,934,165105,492,509103,017,870000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
669,414
0
638,533
0
657,364
0
660,068
0
606,105
0
500,297
491,899
366,554
342,167
324,854
310,554
292,972
275,706
270,690
279,183
249,358
234,267
228,299
230,214
249,268
263,409
289,882
0
0289,882263,409249,268230,214228,299234,267249,358279,183270,690275,706292,972310,554324,854342,167366,554491,899500,2970606,1050660,0680657,3640638,5330669,414000000000000000000000000000000000000000000000
> Total Stockholder Equity
16,548,255
18,309,604
20,092,241
20,306,841
0
29,724,258
0
29,227,757
0
31,288,095
0
31,135,007
0
19,773,890
0
22,721,041
0
23,922,872
0
28,200,866
0
41,652,625
0
43,937,067
0
46,738,018
0
46,333,131
0
50,578,538
0
51,680,687
0
54,154,190
0
53,799,896
0
54,340,012
0
58,309,484
0
59,820,396
0
63,185,878
0
68,876,496
0
81,115,863
0
86,047,562
0
89,451,784
0
93,157,341
89,876,726
89,609,220
93,849,422
93,458,677
89,118,117
82,766,823
81,350,516
77,582,421
71,464,006
71,434,515
67,991,228
61,368,557
52,375,762
42,924,950
35,149,700
23,577,176
35,325,730
34,914,799
39,061,556
39,061,55634,914,79935,325,73023,577,17635,149,70042,924,95052,375,76261,368,55767,991,22871,434,51571,464,00677,582,42181,350,51682,766,82389,118,11793,458,67793,849,42289,609,22089,876,72693,157,341089,451,784086,047,562081,115,863068,876,496063,185,878059,820,396058,309,484054,340,012053,799,896054,154,190051,680,687050,578,538046,333,131046,738,018043,937,067041,652,625028,200,866023,922,872022,721,041019,773,890031,135,007031,288,095029,227,757029,724,258020,306,84120,092,24118,309,60416,548,255
   Common Stock
9,050,618
9,433,211
9,433,211
9,433,211
0
12,251,362
0
12,251,362
0
12,251,362
0
12,251,362
0
12,251,362
0
12,251,362
0
12,251,362
0
12,251,362
0
12,891,955
0
12,891,955
0
12,891,955
0
12,891,955
0
12,891,955
0
13,084,751
0
13,084,751
0
13,084,751
0
13,084,751
0
13,084,751
0
13,084,751
0
13,084,751
0
13,084,751
0
14,524,815
0
14,524,815
0
14,524,815
0
14,524,815
0
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
14,524,815
16,200,793
16,200,793
0
016,200,79316,200,79314,524,81514,524,81514,524,81514,524,81514,524,81514,524,81514,524,81514,524,81514,524,81514,524,81514,524,81514,524,81514,524,81514,524,81514,524,815014,524,815014,524,815014,524,815014,524,815013,084,751013,084,751013,084,751013,084,751013,084,751013,084,751013,084,751013,084,751012,891,955012,891,955012,891,955012,891,955012,891,955012,251,362012,251,362012,251,362012,251,362012,251,362012,251,362012,251,362012,251,36209,433,2119,433,2119,433,2119,050,618
   Retained Earnings 
462,195
1,053,448
1,582,711
1,403,022
4,702,573
4,131,428
4,654,000
4,662,805
6,850,223
6,888,843
7,932,857
7,068,473
5,128,903
-4,107,603
-3,126,393
-1,181,954
-296,656
921,848
3,093,555
5,615,869
10,782,647
12,515,511
14,186,829
14,402,130
18,201,754
17,134,982
17,374,053
15,996,490
19,170,608
19,459,551
19,708,143
19,294,744
22,236,871
21,245,364
21,338,072
20,878,864
23,560,484
23,900,173
25,575,417
26,869,039
29,314,117
29,245,119
31,680,412
30,758,591
34,527,678
33,448,460
34,914,860
34,557,955
39,510,043
37,771,234
40,772,865
39,576,251
43,042,636
42,880,893
40,462,507
38,873,859
42,496,491
41,587,530
36,782,320
30,963,528
30,281,059
25,983,437
19,775,647
30,868,899
27,333,048
21,012,172
12,112,249
1,577,266
-7,091,092
-17,607,597
-20,387,842
-21,178,068
-28,640,391
-28,640,391-21,178,068-20,387,842-17,607,597-7,091,0921,577,26612,112,24921,012,17227,333,04830,868,89919,775,64725,983,43730,281,05930,963,52836,782,32041,587,53042,496,49138,873,85940,462,50742,880,89343,042,63639,576,25140,772,86537,771,23439,510,04334,557,95534,914,86033,448,46034,527,67830,758,59131,680,41229,245,11929,314,11726,869,03925,575,41723,900,17323,560,48420,878,86421,338,07221,245,36422,236,87119,294,74419,708,14319,459,55119,170,60815,996,49017,374,05317,134,98218,201,75414,402,13014,186,82912,515,51110,782,6475,615,8693,093,555921,848-296,656-1,181,954-3,126,393-4,107,6035,128,9037,068,4737,932,8576,888,8436,850,2234,662,8054,654,0004,131,4284,702,5731,403,0221,582,7111,053,448462,195
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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0
0
0
0
0
0
0
0
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0
0
0
0
0
0
0
0
0
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0
0
0
0
0
0
0
0
0
0
0
26,270,841
26,270,841
26,270,841
26,270,841
26,270,841
0
0
0
0
0
0
0
0
0000000026,270,84126,270,84126,270,84126,270,84126,270,841000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000-3,047,5640-3,047,5640-3,047,5640-3,047,5640-3,047,5640-3,047,5640-3,047,5640-3,047,5640-3,047,56400000000000000000000000000000000000000000-1,246,9550000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-2,062,598
0
-2,786,557
0
-2,711,954
0
-2,545,102
0
-1,705,555
0
-1,628,080
26,246,005
-14,562
402,908
-621,425
24,869,727
-760,959
25,488,629
-193,333
-137,476
-405,309
25,738,698
552,028
27,715,977
421,075
39,512,779
332,371
0
0332,37139,512,779421,07527,715,977552,02825,738,698-405,309-137,476-193,33325,488,629-760,95924,869,727-621,425402,908-14,56226,246,005-1,628,0800-1,705,5550-2,545,1020-2,711,9540-2,786,5570-2,062,598000000000000000000000000000000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue116,285,864
Cost of Revenue-118,760,979
Gross Profit-2,475,115-2,475,115
 
Operating Income (+$)
Gross Profit-2,475,115
Operating Expense-125,566,370
Operating Income-9,280,506-128,041,485
 
Operating Expense (+$)
Research Development331,223
Selling General Administrative6,360,574
Selling And Marketing Expenses-
Operating Expense125,566,3706,691,797
 
Net Interest Income (+$)
Interest Income93,194
Interest Expense-7,012,687
Other Finance Cost-3,673,503
Net Interest Income-3,245,990
 
Pretax Income (+$)
Operating Income-9,280,506
Net Interest Income-3,245,990
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-11,576,092-9,280,506
EBIT - interestExpense = -7,012,687
-9,724,814
-2,712,127
Interest Expense7,012,687
Earnings Before Interest and Taxes (EBIT)--4,563,405
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-11,576,092
Tax Provision-699
Net Income From Continuing Ops-11,576,791-11,576,791
Net Income-9,724,814
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-3,245,990
 

Technical Analysis of Air China Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Air China Ltd. The general trend of Air China Ltd is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Air China Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Air China Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 3.89 < 4.26 < 4.48.

The bearish price targets are: .

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Air China Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Air China Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Air China Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Air China Ltd. The current macd is -0.11521251.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Air China Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Air China Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Air China Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Air China Ltd Daily Moving Average Convergence/Divergence (MACD) ChartAir China Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Air China Ltd. The current adx is 19.03.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Air China Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Air China Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Air China Ltd. The current sar is 4.20625184.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Air China Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Air China Ltd. The current rsi is 30.38. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Air China Ltd Daily Relative Strength Index (RSI) ChartAir China Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Air China Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Air China Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Air China Ltd Daily Stochastic Oscillator ChartAir China Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Air China Ltd. The current cci is -181.74735671.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Air China Ltd Daily Commodity Channel Index (CCI) ChartAir China Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Air China Ltd. The current cmo is -48.94988134.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Air China Ltd Daily Chande Momentum Oscillator (CMO) ChartAir China Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Air China Ltd. The current willr is -94.54545455.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Air China Ltd Daily Williams %R ChartAir China Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Air China Ltd.

Air China Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Air China Ltd. The current atr is 0.13139637.

Air China Ltd Daily Average True Range (ATR) ChartAir China Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Air China Ltd. The current obv is 83,712,659.

Air China Ltd Daily On-Balance Volume (OBV) ChartAir China Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Air China Ltd. The current mfi is 47.80.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Air China Ltd Daily Money Flow Index (MFI) ChartAir China Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Air China Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-01WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-27BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.

6.3. Candlestick Patterns

Air China Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Air China Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5030.377
Ma 20Greater thanMa 504.017
Ma 50Greater thanMa 1004.245
Ma 100Greater thanMa 2004.651
OpenGreater thanClose3.800
Total1/5 (20.0%)
Penke

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