China Eastern Airlines Corporation Limited (CIAH) - Net Assets

Latest as of June 2025: €39.78 Billion EUR ≈ $46.50 Billion USD

Based on the latest financial reports, China Eastern Airlines Corporation Limited (CIAH) has net assets worth €39.78 Billion EUR (≈ $46.50 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€282.49 Billion ≈ $330.25 Billion USD) and total liabilities (€242.71 Billion ≈ $283.75 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check China Eastern Airlines Corporation Limit (CIAH) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€39.78 Billion
% of Total Assets	14.08%
Annual Growth Rate	4.21%
5-Year Change	-30.0%
10-Year Change	9.98%
Growth Volatility	23.9

China Eastern Airlines Corporation Limited - Net Assets Trend (2013–2024)

This chart illustrates how China Eastern Airlines Corporation Limited's net assets have evolved over time, based on quarterly financial data. Also explore China Eastern Airlines Corporation Limit total assets for the complete picture of this company's asset base.

Annual Net Assets for China Eastern Airlines Corporation Limited (2013–2024)

The table below shows the annual net assets of China Eastern Airlines Corporation Limited from 2013 to 2024. For live valuation and market cap data, see China Eastern Airlines Corporation Limit (CIAH) market capitalisation.

Year	Net Assets	Change
2024-12-31	€41.41 Billion ≈ $48.41 Billion	+0.46%
2023-12-31	€41.22 Billion ≈ $48.19 Billion	+36.94%
2022-12-31	€30.10 Billion ≈ $35.19 Billion	-47.33%
2021-12-31	€57.15 Billion ≈ $66.82 Billion	-3.38%
2020-12-31	€59.15 Billion ≈ $69.16 Billion	-18.57%
2019-12-31	€72.65 Billion ≈ $84.93 Billion	+17.93%
2018-12-31	€61.60 Billion ≈ $72.02 Billion	+4.80%
2017-12-31	€58.78 Billion ≈ $68.72 Billion	+12.24%
2016-12-31	€52.37 Billion ≈ $61.22 Billion	+39.08%
2015-12-31	€37.65 Billion ≈ $44.02 Billion	+27.69%
2014-12-31	€29.49 Billion ≈ $34.47 Billion	+12.03%
2013-12-31	€26.32 Billion ≈ $30.77 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to China Eastern Airlines Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 5437000000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	€97.85 Billion	241.42%
Total Equity	€40.53 Billion	100.00%

China Eastern Airlines Corporation Limited Competitors by Market Cap

The table below lists competitors of China Eastern Airlines Corporation Limited ranked by their market capitalization.

Company	Market Cap
Offcn Education Technology Co Ltd SHE:002607	$2.39 Billion
Jiangsu Ruitai New Energy Materials Co. Ltd. SHE:301238	$2.39 Billion
Shanghai Luoman Lighting Technologies Inc. SHG:605289	$2.39 Billion
China Southern Airlines Company Limited F:ZNHH	$2.39 Billion
Youngone KO:111770	$2.39 Billion
Heartflow, Inc. Common Stock NASDAQ:HTFL	$2.39 Billion
Pou Chen Corp TW:9904	$2.39 Billion
The Ramco Cements Limited NSE:RAMCOCEM	$2.39 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Eastern Airlines Corporation Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 40,610,000,000 to 40,532,000,000, a change of -78,000,000 (-0.2%).
Net loss of 4,226,000,000 reduced equity.
Dividend payments of 5,225,000,000 reduced retained earnings.
Other factors increased equity by 9,373,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€-4.23 Billion	-10.43%
Dividends Paid	€5.22 Billion	-12.89%
Other Changes	€9.37 Billion	+23.12%
Total Change	€-	-0.19%

Book Value vs Market Value Analysis

This analysis compares China Eastern Airlines Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.22x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has increased from 0.11x to 0.22x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	€3.83	€0.40	x
2018-12-31	€4.01	€0.40	x
2019-12-31	€4.21	€0.40	x
2020-12-31	€3.43	€0.40	x
2021-12-31	€2.84	€0.40	x
2022-12-31	€1.54	€0.40	x
2023-12-31	€1.82	€0.40	x
2024-12-31	€1.82	€0.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Eastern Airlines Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -10.43%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3.20%
• Asset Turnover: 0.48x
• Equity Multiplier: 6.82x
Recent ROE (-10.43%) is above the historical average (-11.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	9.57%	2.68%	0.64x	5.59x	€-106.60 Million
2014	12.34%	3.81%	0.55x	5.90x	€647.40 Million
2015	12.92%	4.84%	0.48x	5.57x	€1.03 Billion
2016	9.10%	4.55%	0.47x	4.29x	€-447.00 Million
2017	11.46%	6.19%	0.45x	4.15x	€806.00 Million
2018	4.65%	2.34%	0.48x	4.12x	€-3.10 Billion
2019	4.63%	2.64%	0.42x	4.13x	€-3.71 Billion
2020	-21.04%	-20.15%	0.21x	5.06x	€-17.46 Billion
2021	-22.78%	-18.26%	0.23x	5.39x	€-17.58 Billion
2022	-128.56%	-81.08%	0.16x	9.83x	€-40.29 Billion
2023	-20.17%	-7.20%	0.40x	6.96x	€-12.25 Billion
2024	-10.43%	-3.20%	0.48x	6.82x	€-8.28 Billion

Industry Comparison

This section compares China Eastern Airlines Corporation Limited's net assets metrics with peer companies in the Airlines industry.

Industry Context

Industry: Airlines
Average net assets among peers: $11,839,220,375
Average return on equity (ROE) among peers: -65.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Eastern Airlines Corporation Limited (CIAH)	€39.78 Billion	9.57%	6.10x	$2.39 Billion
Controladora Vuela Compañía de Aviación S.A.B. de C.V (2CDA)	$5.53 Billion	47.73%	10.45x	$741.53 Million
Asia Aviation Public Company Limited (55AA)	$11.38 Billion	30.56%	5.62x	$375.58 Million
Bangkok Airways Public Company Limited (8BA)	$16.91 Billion	18.39%	2.42x	$3.62K
Air China Limited (AD2)	$21.56 Billion	-179.12%	12.68x	$3.04 Billion
AIR CHINA LTD H ADR/20 (AD2B)	$35.29 Billion	-2.97%	8.50x	$3.01 Billion
Copa Holdings S.A (C2H)	$1.29 Billion	-46.33%	1.98x	$3.47 Billion
EASYJET PLC SP.ADR NEW/4 (EJTS)	$3.50 Billion	14.12%	2.29x	$3.49 Billion
Deutsche Lufthansa AG (LHA)	$9.71 Billion	17.23%	3.75x	$10.27 Billion
Deutsche Lufthansa AG (LHAB)	$1.39 Billion	-484.86%	27.47x	$9.97 Billion

About China Eastern Airlines Corporation Limited

F:CIAH Germany Airlines

Market Cap

$2.39 Billion

€2.05 Billion EUR

Market Cap Rank

#5613 Global

#877 in Germany

Share Price

€0.40

Change (1 day)

-2.42%

52-Week Range

€0.25 - €0.68

All Time High

€0.73