Air China (A)

Air China is engaged in providing air passenger, air cargo and airline-related services, of which including aircraft engineering services, air catering services and airport ground handling services, mainly in Mainland China, Hong Kong and Macau. Through its subsidiaries and associated companies, Co. is also engaged in import and export trading; provision of flight academy, ground service, air ticketing services, consultancy services, human resources services, aircraft maintenance and repair services, airline-related information system services and financial services; and investment holding.
  • Ticker601111
  • ISINCNE000001NN0
  • ExchangeShanghai Stock Exchange
  • SectorTravel & Leisure
  • CountryChina

Analysts

Thanks to a better fundamental star rating, AIR CHINA LTD. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to AIR CHINA LTD. (CN), active in the Airlines industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date September 13, 2019, the closing price was CNY 8.69 and its expected value was estimated at CNY 8.41.

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Summary China Southern Airlines Company Limited - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights China Southern Airlines Company Limited (China Southern Airlines) is a provider of air passenger and cargo transportation services. It offers air transportation services for passenger, baggage, cargo and mail at regional, domestic and international levels. The company ...

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Aviation Industry Corporation of China - Strategy, SWOT and Corporate Finance Report

Summary Aviation Industry Corporation of China - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. KeyHighlights Aviation Industry Corporation of China (AVIC) is an aviation company. It develops aviation weaponry and equipment. It provides various services such as aircraft leasing, general aviation, transportation, medical, planning and construction services. AVIC integrates aviat...

Ivan Su

Morningstar | Fine-Tuning Short- and Long-Term Assumptions on Air China, FVE Maintained at HKD 7.00

No-moat Air China reported solid first-quarter results and guided for the remainder of 2019. The carrier’s first-quarter earnings featured higher operating margin, up 120 basis points year over year, driven primarily by strong cost management efforts. We have revisited our assumptions after incorporating management’s more optimistic near-term guidance and the probability-weighted impact from the ongoing conflict between China and the U.S. Despite changes to our forecasts, we are maintaining our fair value estimate for Air China at HKD 7.00 (CNY 6.10), while shares of the group remain overvalue...

Ivan Su

Morningstar | Fine-Tuning Short- and Long-Term Assumptions on Air China, FVE Maintained at HKD 7.00. See Updated Analyst Note from 28 Apr 2019

No-moat Air China reported solid first-quarter results and guided for the remainder of 2019. The carrier’s first-quarter earnings featured higher operating margin, up 120 basis points year over year, driven primarily by strong cost management efforts. We have revisited our assumptions after incorporating management’s more optimistic near-term guidance and the probability-weighted impact from the ongoing conflict between China and the U.S. Despite changes to our forecasts, we are maintaining our fair value estimate for Air China at HKD 7.00 (CNY 6.10), while shares of the group remain overvalue...

Ivan Su

Morningstar | Fine-Tuning Short- and Long-Term Assumptions on Air China, FVE Maintained at HKD 7.00

No-moat Air China reported solid first-quarter results and guided for the remainder of 2019. The carrier’s first-quarter earnings featured higher operating margin, up 120 basis points year over year, driven primarily by strong cost management efforts. We have revisited our assumptions after incorporating management’s more optimistic near-term guidance and the probability-weighted impact from the ongoing conflict between China and the U.S. Despite changes to our forecasts, we are maintaining our fair value estimate for Air China at HKD 7.00 (CNY 6.10), while shares of the group remain overvalue...

Ivan Su

Morningstar | Fine-Tuning Short- and Long-Term Assumptions on Air China, FVE Maintained at HKD 7.00. See Updated Analyst Note from 28 Apr 2019

No-moat Air China reported solid first-quarter results and guided for the remainder of 2019. The carrier’s first-quarter earnings featured higher operating margin, up 120 basis points year over year, driven primarily by strong cost management efforts. We have revisited our assumptions after incorporating management’s more optimistic near-term guidance and the probability-weighted impact from the ongoing conflict between China and the U.S. Despite changes to our forecasts, we are maintaining our fair value estimate for Air China at HKD 7.00 (CNY 6.10), while shares of the group remain overvalue...

Ivan Su

Fine-Tuning Short- and Long-Term Assumptions on Air China, FVE Maintained at HKD 7.00

No-moat Air China reported solid first-quarter results and guided for the remainder of 2019. The carrier’s first-quarter earnings featured higher operating margin, up 120 basis points year over year, driven primarily by strong cost management efforts. We have revisited our assumptions after incorporating management’s more optimistic near-term guidance and the probability-weighted impact from the ongoing conflict between China and the U.S. Despite changes to our forecasts, we are maintaining our ...

Ivan Su

Morningstar | Despite Posting Strong Q4 Results, Air China's Outlook Remains Dim; FVE Lowered to HKD 7.0

We lower our fair value estimate for no-moat Air China to HKD 7.0 from HKD 7.3 following fourth-quarter results and new guidance for 2019, because the impact of slower capacity expansion was offset by markedly stronger yield. While the carrier’s near-term capacity growth will be matched by strong demand for air travel, we do not see any more upside in yield over the next five years. Adverse effects from the upcoming opening of Beijing’s second airport are set to hit Air China’s profitability. We also believe the indefinite grounding of Boeing 737 MAX 8 planes will hit Air China’s capacity expa...

Ivan Su

Morningstar | 601111 Updated Star Rating from 01 Apr 2019

We lower our fair value estimate for no-moat Air China to HKD 7.0 from HKD 7.3 following fourth-quarter results and new guidance for 2019, because the impact of slower capacity expansion was offset by markedly stronger yield. While the carrier’s near-term capacity growth will be matched by strong demand for air travel, we do not see any more upside in yield over the next five years. Adverse effects from the upcoming opening of Beijing’s second airport are set to hit Air China’s profitability. We also believe the indefinite grounding of Boeing 737 MAX 8 planes will hit Air China’s capacity expa...

Thanks to a better fundamental star rating, AIR CHINA LTD. sees an upgrade to Neutral

The independent financial analyst theScreener just awarded an improved star rating to AIR CHINA LTD. (CN), active in the Airlines industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 3 out of 4 possible stars. With regard to its market behaviour, it remains unchanged and can be qualified as risky. theScreener considers that these elements allow slightly upgrading its rating to Neutral. As of the analysis date September 13, 2019, the closing price was CNY 8.69 and its expected value was estimated at CNY 8.41.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

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