China Express Airlines Co Ltd Class A (002928) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.357x

Based on the latest financial reports, China Express Airlines Co Ltd Class A (002928) has a cash flow conversion efficiency ratio of 0.357x as of September 2025. 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 (CN¥1.43 Billion ≈ $208.54 Million USD) by net assets (CN¥3.99 Billion ≈ $583.85 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

China Express Airlines Co Ltd Class A - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how China Express Airlines Co Ltd Class A's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read China Express Airlines Co Ltd Class A (002928) financial obligations for a breakdown of total debt and financial obligations.

China Express Airlines Co Ltd Class A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of China Express Airlines Co Ltd Class A ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
First Tractor Co Ltd SHG:601038	0.085x
Chengdu Galaxy Magnets SHE:300127	0.065x
Vinati Organics Limited NSE:VINATIORGA	0.122x
Shanghai Cooltech Power Co Ltd SHE:300153	0.041x
IMDEX Ltd AU:IMD	0.085x
Bringspring Science and Tech SHE:300290	0.015x
Alrov Properties & Lodgings Ltd TA:ALRPR	0.006x
Suzhou SLAC Precision Equipment Co Ltd SHE:300382	0.026x

Annual Cash Flow Conversion Efficiency for China Express Airlines Co Ltd Class A (2013–2024)

The table below shows the annual cash flow conversion efficiency of China Express Airlines Co Ltd Class A from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market value of China Express Airlines Co Ltd Class A.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CN¥3.36 Billion ≈ $491.37 Million	CN¥1.81 Billion ≈ $264.81 Million	0.539x	+25.85%
2023-12-31	CN¥3.09 Billion ≈ $451.80 Million	CN¥1.32 Billion ≈ $193.48 Million	0.428x	+448.12%
2022-12-31	CN¥4.05 Billion ≈ $593.01 Million	CN¥316.61 Million ≈ $46.33 Million	0.078x	-69.12%
2021-12-31	CN¥3.62 Billion ≈ $529.47 Million	CN¥915.33 Million ≈ $133.94 Million	0.253x	-0.76%
2020-12-31	CN¥3.95 Billion ≈ $578.47 Million	CN¥1.01 Billion ≈ $147.45 Million	0.255x	-32.73%
2019-12-31	CN¥2.78 Billion ≈ $407.08 Million	CN¥1.05 Billion ≈ $154.26 Million	0.379x	+54.38%
2018-12-31	CN¥2.12 Billion ≈ $310.80 Million	CN¥521.34 Million ≈ $76.29 Million	0.245x	-58.81%
2017-12-31	CN¥1.15 Billion ≈ $168.30 Million	CN¥685.35 Million ≈ $100.29 Million	0.596x	-37.60%
2016-12-31	CN¥793.93 Million ≈ $116.18 Million	CN¥758.12 Million ≈ $110.94 Million	0.955x	-28.54%
2015-12-31	CN¥449.62 Million ≈ $65.79 Million	CN¥600.82 Million ≈ $87.92 Million	1.336x	+31.25%
2014-12-31	CN¥255.63 Million ≈ $37.41 Million	CN¥260.27 Million ≈ $38.09 Million	1.018x	-12.63%
2013-12-31	CN¥132.35 Million ≈ $19.37 Million	CN¥154.23 Million ≈ $22.57 Million	1.165x	--

About China Express Airlines Co Ltd Class A

SHE:002928 China Airlines

Market Cap

$1.48 Billion

CN¥10.12 Billion CNY

Market Cap Rank

#7443 Global

#1787 in China

Share Price

CN¥7.92

Change (1 day)

-1.25%

52-Week Range

CN¥7.58 - CN¥12.30

All Time High

CN¥20.86