China Express Airlines Co Ltd Class A (002928) - Total Assets
Based on the latest financial reports, China Express Airlines Co Ltd Class A (002928) holds total assets worth CN¥24.16 Billion CNY (≈ $3.54 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check China Express Airlines Co Ltd Class A (002928) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
China Express Airlines Co Ltd Class A - Total Assets Trend (2013–2025)
This chart illustrates how China Express Airlines Co Ltd Class A's total assets have evolved over time, based on quarterly financial data. Check 002928 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
China Express Airlines Co Ltd Class A - Asset Composition Analysis
Current Asset Composition (December 2025)
China Express Airlines Co Ltd Class A's total assets of CN¥24.16 Billion consist of 26.2% current assets and 73.8% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 7.6% |
| Accounts Receivable | CN¥1.26 Billion | 5.3% |
| Inventory | CN¥288.64 Million | 1.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥94.83 Million | 0.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how China Express Airlines Co Ltd Class A's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of China Express Airlines Co Ltd Class A.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Express Airlines Co Ltd Class A's current assets represent 26.2% of total assets in 2025, an increase from 25.3% in 2013.
- Cash Position: Cash and equivalents constituted 7.6% of total assets in 2025, up from 6.8% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 5.3% of total assets.
China Express Airlines Co Ltd Class A Competitors by Total Assets
Key competitors of China Express Airlines Co Ltd Class A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Southern Airlines Co Ltd Class A
SHG:600029
|
China | CN¥356.51 Billion |
|
CATHAY PAC.AIRW.HD-20ADR5
F:CTYA
|
Germany | €177.05 Billion |
|
Air China Limited
F:AD2
|
Germany | €343.05 Billion |
|
Norwegian Air Shuttle ASA
OL:NAS
|
Norway | Nkr44.19 Billion |
|
Tigerair Taiwan Co. Ltd.
TW:6757
|
Taiwan | NT$27.91 Billion |
|
Qantas Airways Ltd
AU:QAN
|
Australia | AU$23.89 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
Australia | AU$4.87 Billion |
|
Air New Zealand Ltd
AU:AIZ
|
Australia | AU$9.14 Billion |
China Express Airlines Co Ltd Class A - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.83 | 0.80 | 0.97 |
| Quick Ratio | 0.80 | 0.76 | 0.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-1.31 Billion | CN¥-1.44 Billion | CN¥-119.81 Million |
China Express Airlines Co Ltd Class A - Advanced Valuation Insights
This section examines the relationship between China Express Airlines Co Ltd Class A's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.54 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 15.0% |
| Total Assets | CN¥23.81 Billion |
| Market Capitalization | $1.34 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Express Airlines Co Ltd Class A's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: China Express Airlines Co Ltd Class A's assets grew by 15.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for China Express Airlines Co Ltd Class A (2013–2025)
The table below shows the annual total assets of China Express Airlines Co Ltd Class A from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥23.81 Billion ≈ $3.48 Billion |
+15.03% |
| 2024-12-31 | CN¥20.70 Billion ≈ $3.03 Billion |
+13.86% |
| 2023-12-31 | CN¥18.18 Billion ≈ $2.66 Billion |
+3.91% |
| 2022-12-31 | CN¥17.50 Billion ≈ $2.56 Billion |
+7.95% |
| 2021-12-31 | CN¥16.21 Billion ≈ $2.37 Billion |
+40.62% |
| 2020-12-31 | CN¥11.53 Billion ≈ $1.69 Billion |
+17.67% |
| 2019-12-31 | CN¥9.79 Billion ≈ $1.43 Billion |
+25.82% |
| 2018-12-31 | CN¥7.79 Billion ≈ $1.14 Billion |
+41.92% |
| 2017-12-31 | CN¥5.49 Billion ≈ $802.72 Million |
+51.62% |
| 2016-12-31 | CN¥3.62 Billion ≈ $529.42 Million |
+47.27% |
| 2015-12-31 | CN¥2.46 Billion ≈ $359.48 Million |
+36.01% |
| 2014-12-31 | CN¥1.81 Billion ≈ $264.31 Million |
+14.80% |
| 2013-12-31 | CN¥1.57 Billion ≈ $230.24 Million |
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About China Express Airlines Co Ltd Class A
China Express Airlines Co.,LTD engages in the air passenger and cargo transportation business in China. The company operates through operation bases located in Chongqing, Guiyang, Dalian, Hohhot, Xi'an, Korla, and Quzhou with approximately 182 routes, including 179 domestic routes and 3 international routes to approximately 130 destinations. It also engages in the manufacturing of railway, ship, … Read more