Air China Ltd Class A (601111) - Total Assets
Based on the latest financial reports, Air China Ltd Class A (601111) holds total assets worth CN¥349.36 Billion CNY (≈ $51.12 Billion USD) as of September 2025. 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. See what is Air China Ltd Class A's book value for net asset value and shareholders' equity analysis.
Air China Ltd Class A - Total Assets Trend (2002–2024)
This chart illustrates how Air China Ltd Class A's total assets have evolved over time, based on quarterly financial data.
Air China Ltd Class A - Asset Composition Analysis
Current Asset Composition (December 2024)
Air China Ltd Class A's total assets of CN¥349.36 Billion consist of 11.8% current assets and 88.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.5% |
| Accounts Receivable | CN¥8.44 Billion | 2.4% |
| Inventory | CN¥4.22 Billion | 1.2% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥5.94 Billion | 1.7% |
| Goodwill | CN¥4.10 Billion | 1.2% |
Asset Composition Trend (2002–2024)
This chart illustrates how Air China 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 Air China Ltd Class A market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Air China Ltd Class A's current assets represent 11.8% of total assets in 2024, a decrease from 19.8% in 2002.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2024, down from 7.4% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 2.4% of total assets.
Air China Ltd Class A Competitors by Total Assets
Key competitors of Air China Ltd Class A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
LATAM Airlines Group S.A.
NYSE:LTM
|
USA | $17.64 Billion |
|
Spring Airlines Co Ltd
SHG:601021
|
China | CN¥46.53 Billion |
|
Finnair Oyj
HE:FIA1S
|
Finland | €3.69 Billion |
|
Norse Atlantic ASA
OL:NORSE
|
Norway | Nkr935.04 Million |
|
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$8.73 Billion |
|
Regional Express Holdings Ltd
AU:REX
|
Australia | AU$737.16 Million |
Air China 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 | 0.41 | 0.27 | 0.25 |
| Quick Ratio | 0.36 | 0.23 | 0.22 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-69.77 Billion | CN¥-110.17 Billion | CN¥-60.66 Billion |
Air China Ltd Class A - Advanced Valuation Insights
This section examines the relationship between Air China 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 | 3.47 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 3.1% |
| Total Assets | CN¥345.77 Billion |
| Market Capitalization | $12.30 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Air China Ltd Class A's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Air China Ltd Class A's assets grew by 3.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Air China Ltd Class A (2002–2024)
The table below shows the annual total assets of Air China Ltd Class A from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥345.77 Billion ≈ $50.60 Billion |
+3.12% |
| 2023-12-31 | CN¥335.30 Billion ≈ $49.07 Billion |
+13.66% |
| 2022-12-31 | CN¥295.01 Billion ≈ $43.17 Billion |
-1.14% |
| 2021-12-31 | CN¥298.42 Billion ≈ $43.67 Billion |
+5.05% |
| 2020-12-31 | CN¥284.07 Billion ≈ $41.57 Billion |
-3.46% |
| 2019-12-31 | CN¥294.25 Billion ≈ $43.06 Billion |
+20.74% |
| 2018-12-31 | CN¥243.72 Billion ≈ $35.66 Billion |
+3.39% |
| 2017-12-31 | CN¥235.72 Billion ≈ $34.49 Billion |
+5.17% |
| 2016-12-31 | CN¥224.13 Billion ≈ $32.80 Billion |
+4.88% |
| 2015-12-31 | CN¥213.70 Billion ≈ $31.27 Billion |
+1.94% |
| 2014-12-31 | CN¥209.64 Billion ≈ $30.68 Billion |
+2.08% |
| 2013-12-31 | CN¥205.36 Billion ≈ $30.05 Billion |
+10.58% |
| 2012-12-31 | CN¥185.71 Billion ≈ $27.18 Billion |
+7.15% |
| 2011-12-31 | CN¥173.32 Billion ≈ $25.36 Billion |
+11.66% |
| 2010-12-31 | CN¥155.22 Billion ≈ $22.71 Billion |
+46.21% |
| 2009-12-31 | CN¥106.16 Billion ≈ $15.54 Billion |
+7.35% |
| 2008-12-31 | CN¥98.90 Billion ≈ $14.47 Billion |
+12.01% |
| 2007-12-31 | CN¥88.30 Billion ≈ $12.92 Billion |
+1.35% |
| 2006-12-31 | CN¥87.12 Billion ≈ $12.75 Billion |
+26.14% |
| 2005-12-31 | CN¥69.06 Billion ≈ $10.11 Billion |
+1.79% |
| 2004-12-31 | CN¥67.85 Billion ≈ $9.93 Billion |
+28.58% |
| 2003-12-31 | CN¥52.77 Billion ≈ $7.72 Billion |
-3.83% |
| 2002-12-31 | CN¥54.87 Billion ≈ $8.03 Billion |
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About Air China Ltd Class A
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, and internationally. It operates in Airline Operations and Other Operations segments. The company also provides aircraft engineering and airport ground handling services. In addition, it is involved in the import and export trading busines… Read more