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. Also see market value of China Express Airlines Co Ltd Class A for the company's overall valuation and market capitalisation.

China Express Airlines Co Ltd Class A - Cash Flow Conversion Efficiency Trend (2013–2025)

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.

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. Explore 002928 cash to earnings ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Ningbo Sunrise Elc Technology Co Ltd Class A SHE:002937	0.021x
Xiamen Wanli Stone Stock Co Ltd SHE:002785	0.275x
United Corporations Limited TO:UNC	0.004x
Jiangsu SOPO Chemical Co Ltd SHG:600746	0.039x
Feng Hsin Steel Co Ltd TW:2015	0.051x
Titagarh Rail Systems Limited NSE:TITAGARH	0.073x
Shoals Technologies Group Inc NASDAQ:SHLS	0.033x
Changzhou Qianhong Biopharma Co Ltd SHE:002550	0.055x

Annual Cash Flow Conversion Efficiency for China Express Airlines Co Ltd Class A (2013–2025)

The table below shows the annual cash flow conversion efficiency of China Express Airlines Co Ltd Class A from 2013 to 2025. View today's stock price for China Express Airlines Co Ltd Class A for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥3.87 Billion ≈ $565.75 Million	CN¥2.52 Billion ≈ $368.94 Million	0.652x	+21.01%
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

$1.18 Billion

CN¥8.08 Billion CNY

Market Cap Rank

#8160 Global

#1871 in China

Share Price

CN¥6.32

Change (1 day)

+0.48%

52-Week Range

CN¥6.01 - CN¥12.30

All Time High

CN¥20.86