Want to see HK:0670 full AI Analyst Report?
Top Page
China Eastern Airlines Corporation Limited Class H
(0670)
Select Model
Select Model
Rating:45Neutral
Price Target:
HK$2.00
â–Ľ(-48.45% Downside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by high and worsening leverage alongside continued net losses, despite a clear revenue recovery and strong operating/free cash flow. Technically, the stock remains in a downtrend (below major moving averages with negative MACD and weak momentum), and valuation is constrained by negative earnings and no provided dividend yield.
Positive Factors
Revenue Recovery
The sustained post-pandemic revenue recovery indicates that passenger and related aviation demand has materially improved. A larger revenue base can support better network utilization and operating leverage, providing a foundation for stronger earnings if pricing and cost conditions stabilize.
Negative Factors
High and Worsening Leverage
Very high and rising leverage materially reduces financial flexibility and increases sensitivity to demand, fuel, and foreign-exchange swings. Large debt relative to equity can also absorb more operating cash through financing needs, limiting the company’s ability to invest or withstand weaker trading conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
The sustained post-pandemic revenue recovery indicates that passenger and related aviation demand has materially improved. A larger revenue base can support better network utilization and operating leverage, providing a foundation for stronger earnings if pricing and cost conditions stabilize.
Read all positive factors
China Eastern Airlines Corporation Limited Class H (0670) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$76.55B
Dividend Yield1.87%
Average Volume (3M)9.10M
Price to Earnings (P/E)―
Beta (1Y)0.55
Revenue Growth13.21%
EPS Growth-24.88%
CountryHK
Employees89,277
SectorIndustrials
Sector Strength72
IndustryAirlines, Airports & Air Services
Share Statistics
EPS (TTM)-0.27
Shares Outstanding5,062,772,000
10 Day Avg. Volume9,643,095
30 Day Avg. Volume9,096,353
Financial Highlights & Ratios
PEG Ratio0.91
Price to Book (P/B)1.88
Price to Sales (P/S)0.51
P/FCF Ratio4.14
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$2.90Price Target Upside-25.26% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-0.18
Revenue Forecast (FY)HK$158.69B
China Eastern Airlines Corporation Limited Class H Business Overview & Revenue Model
Company Description
China Eastern Airlines Corporation Limited, together with its various subsidiaries, is a prominent entity within the civil aviation industry. Its operations span the People's Republic of China, including Hong Kong, Macau, and Taiwan, as well as nu...
How the Company Makes Money
China Eastern Airlines makes money primarily by selling air transportation services and related add-ons. Its main revenue streams typically include: (1) Passenger revenue: Ticket sales from scheduled flights across domestic, international, and reg...
China Eastern Airlines Corporation Limited Class H Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
28
Negative
Cash Flow
62
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 147.35B | 139.94B | 132.12B | 113.74B | 46.11B | 66.89B |
| Gross Profit | 5.00B | 7.29B | 5.62B | 1.28B | -28.49B | -14.94B |
| EBITDA | 36.25B | 31.38B | 24.27B | 18.75B | -16.11B | 7.61B |
| Net Income | -2.38B | -1.63B | -4.23B | -8.17B | -37.39B | -13.28B |
Balance Sheet | ||||||
| Total Assets | 297.58B | 291.76B | 276.60B | 282.49B | 285.74B | 288.79B |
| Cash, Cash Equivalents and Short-Term Investments | 5.69B | 7.35B | 4.23B | 12.12B | 17.63B | 13.03B |
| Total Debt | 140.05B | 138.13B | 145.18B | 162.39B | 219.93B | 194.79B |
| Total Liabilities | 260.89B | 252.92B | 235.19B | 241.27B | 255.64B | 231.64B |
| Stockholders Equity | 35.40B | 37.76B | 40.53B | 40.71B | 29.08B | 53.62B |
Cash Flow | ||||||
| Free Cash Flow | 9.36B | 17.15B | 20.98B | 7.91B | -16.49B | -5.12B |
| Operating Cash Flow | 36.09B | 37.94B | 37.31B | 26.57B | -6.47B | 5.69B |
| Investing Cash Flow | -18.02B | -10.77B | -11.18B | -16.07B | -7.29B | 2.15B |
| Financing Cash Flow | -16.06B | -24.08B | -33.93B | -16.79B | 18.35B | -2.53B |
China Eastern Airlines Corporation Limited Class H Technical Analysis
Negative
3.88
Price Trends
2.55
Negative
2.88
Negative
3.72
Negative
Market Momentum
-0.09
Negative
41.37
Neutral
26.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0670, the sentiment is Negative. The current price of 3.88 is above the 20-day moving average (MA) of 2.34, above the 50-day MA of 2.55, and above the 200-day MA of 3.72, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 41.37 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0670.
China Eastern Airlines Corporation Limited Class H Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | HK$83.86B | 6.60 | 22.72% | 6.53% | 19.66% | 35.67% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
45 Neutral | HK$76.55B | -30.63 | -6.17% | 1.87% | 13.21% | -24.88% | |
43 Neutral | HK$110.10B | -17.56 | -10.97% | 1.03% | 10.90% | -347.64% | |
41 Neutral | HK$89.84B | -58.62 | -3.74% | 1.05% | 12.27% | 33.88% |
* Industrials Sector Average
HK:0670
China Eastern Airlines Corporation Limited Class H
2.31
-1.69
-42.23%
HK:0753
Air China
3.50
-2.22
-38.79%
HK:0293
Cathay Pacific Airways
13.79
3.50
34.05%
HK:1055
China Southern Airlines Company Limited Class H
2.72
-1.96
-41.88%
China Eastern Airlines Corporation Limited Class H Corporate Events
China Eastern Airlines Posts Higher Revenue but Deeper Losses in Q3 2026
Oct 30, 2026
China Eastern Airlines reported unaudited financial results for the third quarter of 2026, prepared under Chinese accounting standards and disclosed concurrently in Hong Kong and Shanghai to comply with dual-listing rules. The board and key financ...
China Eastern Airlines Sets Board Meeting to Approve Third-Quarter Results
Oct 20, 2026
China Eastern Airlines has scheduled a board meeting for 30 October 2026 to review and approve its unaudited third-quarter results for the nine months ended 30 September 2026. The timing of the meeting signals that investors and other stakeholders...
China Eastern Airlines posts September traffic growth and expands fleet
Oct 15, 2026
China Eastern Airlines reported solid operational growth in September 2026, with passenger capacity up 8.77% year-on-year and passenger traffic rising 8.53%, while maintaining a high load factor of 87.38% despite a slight decline. Freight traffic ...
China Eastern Airlines Sets Out Board Structure and Key Governance Committees
Sep 30, 2026
China Eastern Airlines Corporation Limited has detailed the composition of its board of directors, naming Wang Zhiqing as chairman and Gao Fei as vice chairman and president, alongside independent non-executive and employee representative director...
China Eastern Shareholders Approve New Director at 2026 Extraordinary Meeting
Sep 29, 2026
China Eastern Airlines Corporation Limited held its 2026 second extraordinary general meeting in Shanghai on 29 September, with shareholders or proxies representing about 69.88% of its 22.09 billion issued shares participating via on-site and onli...
China Eastern Airlines Details Board and Committee Structure
Sep 29, 2026
China Eastern Airlines Corporation Limited Class H, a leading Chinese commercial airline based in Shanghai, provides passenger and cargo transportation services across domestic and international markets. The company is listed in Hong Kong and is o...
China Eastern Airlines Lifts August Traffic and Optimizes Fleet
Sep 15, 2026
China Eastern Airlines reported solid operational growth in August 2026, with passenger capacity up 5.17% year-on-year and passenger traffic rising 6.69%, lifting the load factor to 89.61%. Freight traffic also grew by 3.61%, underlining sustained...
China Eastern Airlines Calls Extraordinary Meeting to Elect New Director
Sep 10, 2026
China Eastern Airlines has called a second extraordinary general meeting for 29 September 2026 in Shanghai, where shareholders will vote on the election of Yan Fei as a director for the tenth session of the board. The notice details eligibility, r...
China Eastern Airlines Nominates Veteran Aviation Executive Yan Fei to Board
Aug 30, 2026
China Eastern Airlines has nominated Mr. Yan Fei as a candidate for director for the tenth session of its board, with his election to be put to the next general meeting. Yan, currently deputy secretary of the Party Committee of the company and of ...
China Eastern’s Rising Revenue Overshadowed by Wider Interim Loss
Aug 30, 2026
China Eastern Airlines Corporation Limited is one of China’s major state-owned carriers, operating passenger and cargo air transportation services across domestic and international routes. Listed in Hong Kong under stock code 00670, the grou...
China Eastern Airlines Lifts July Traffic and Expands Global Route Network
Aug 14, 2026
China Eastern Airlines reported solid operational growth in July 2026, with passenger capacity up 4.24% year-on-year and traffic volume rising 7.13%, lifting the passenger load factor to 87.11%. Freight traffic volume also increased by 2.77%, refl...
China Eastern Airlines Sets Board Meeting to Approve 2026 Interim Results
Aug 12, 2026
China Eastern Airlines has notified investors that its board of directors will convene on 28 August 2026 to review and approve the group’s unaudited interim results for the six months ended 30 June 2026. The scheduled meeting signals the for...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.