China Eastern Airlines Corporation Limited (CIAH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, China Eastern Airlines Corporation Limited (CIAH) has a cash flow conversion efficiency ratio of 0.403x as of June 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€9.45 Billion ≈ $11.05 Billion USD) by net assets (€23.47 Billion ≈ $27.44 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
China Eastern Airlines Corporation Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how China Eastern Airlines Corporation Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read CIAH current and long-term liabilities for a breakdown of total debt and financial obligations.
China Eastern Airlines Corporation Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of China Eastern Airlines Corporation Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Offcn Education Technology Co Ltd
SHE:002607
|
0.075x |
|
Jiangsu Ruitai New Energy Materials Co. Ltd.
SHE:301238
|
0.027x |
|
Shanghai Luoman Lighting Technologies Inc.
SHG:605289
|
0.017x |
|
China Southern Airlines Company Limited
F:ZNHH
|
0.212x |
|
Youngone
KO:111770
|
0.092x |
|
Heartflow, Inc. Common Stock
NASDAQ:HTFL
|
-0.012x |
|
Pou Chen Corp
TW:9904
|
0.027x |
|
The Ramco Cements Limited
NSE:RAMCOCEM
|
0.085x |
Annual Cash Flow Conversion Efficiency for China Eastern Airlines Corporation Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of China Eastern Airlines Corporation Limited from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see China Eastern Airlines Corporation Limit market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €41.41 Billion ≈ $48.41 Billion |
€37.31 Billion ≈ $43.62 Billion |
0.901x | +39.89% |
| 2023-12-31 | €41.22 Billion ≈ $48.19 Billion |
€26.55 Billion ≈ $31.04 Billion |
0.644x | +399.50% |
| 2022-12-31 | €30.10 Billion ≈ $35.19 Billion |
€-6.47 Billion ≈ $-7.57 Billion |
-0.215x | -315.95% |
| 2021-12-31 | €57.15 Billion ≈ $66.82 Billion |
€5.69 Billion ≈ $6.65 Billion |
0.100x | +386.49% |
| 2020-12-31 | €59.15 Billion ≈ $69.16 Billion |
€1.21 Billion ≈ $1.42 Billion |
0.020x | -94.87% |
| 2019-12-31 | €72.65 Billion ≈ $84.93 Billion |
€28.97 Billion ≈ $33.87 Billion |
0.399x | +9.98% |
| 2018-12-31 | €61.60 Billion ≈ $72.02 Billion |
€22.34 Billion ≈ $26.12 Billion |
0.363x | +8.90% |
| 2017-12-31 | €58.78 Billion ≈ $68.72 Billion |
€19.57 Billion ≈ $22.88 Billion |
0.333x | -29.95% |
| 2016-12-31 | €52.37 Billion ≈ $61.22 Billion |
€24.89 Billion ≈ $29.10 Billion |
0.475x | -26.42% |
| 2015-12-31 | €37.65 Billion ≈ $44.02 Billion |
€24.32 Billion ≈ $28.44 Billion |
0.646x | +55.49% |
| 2014-12-31 | €29.49 Billion ≈ $34.47 Billion |
€12.25 Billion ≈ $14.32 Billion |
0.416x | +1.50% |
| 2013-12-31 | €26.32 Billion ≈ $30.77 Billion |
€10.78 Billion ≈ $12.60 Billion |
0.409x | -- |
About China Eastern Airlines Corporation Limited
China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. It operates through Airline Transportation Operations and Other segments. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services. It… Read more