China Airlines Ltd.(TW:2610)
NT$22.80+1.05 (+7.55%)
TW:2610
China Airlines Ltd. financials statements
NT$22.80
At close:+1.05 (+7.55%)
China Airlines Ltd. (2610) Ratios
China Airlines Ltd. Ratios
TW:2610's free cash flow for Q2 2026 was NT$-13.98B. For the 2026 fiscal year, TW:2610's free cash flow was decreased by NT$-23.19B and operating cash flow was NT$9.21B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.91 | 1.09 | 0.77 | 0.98 | 1.61 |
| Quick Ratio | 0.79 | 0.96 | 0.66 | 0.83 | 1.45 |
| Cash Ratio | 0.60 | 0.74 | 0.34 | 0.49 | 0.85 |
| Solvency Ratio | 0.17 | 0.18 | 0.18 | 0.15 | 0.18 |
| Operating Cash Flow Ratio | 0.52 | 0.61 | 0.62 | 0.66 | 0.94 |
| Short-Term Operating Cash Flow Coverage | 3.65 | 3.99 | 1015.37 | 56.11 | 3.62 |
| Net Current Asset Value | NT$ -165.38B | NT$ -139.03B | NT$ -144.07B | NT$ -152.14B | NT$ -131.67B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.31 | 0.30 | 0.32 | 0.37 | 0.43 |
| Debt-to-Equity Ratio | 1.12 | 1.13 | 1.26 | 1.54 | 1.69 |
| Debt-to-Capital Ratio | 0.53 | 0.53 | 0.56 | 0.61 | 0.63 |
| Long-Term Debt-to-Capital Ratio | 0.44 | 0.42 | 0.41 | 0.51 | 0.57 |
| Financial Leverage Ratio | 3.64 | 3.81 | 3.90 | 4.21 | 3.98 |
| Debt Service Coverage Ratio | 2.79 | 2.86 | 15.14 | 10.36 | 2.56 |
| Interest Coverage Ratio | 6.86 | 6.61 | 3.89 | 2.05 | 5.62 |
| Debt to Market Cap | 0.66 | 0.50 | 0.39 | 0.65 | 0.71 |
| Interest Debt Per Share | 16.86 | 16.57 | 16.01 | 18.37 | 22.74 |
| Net Debt to EBITDA | 1.04 | 0.61 | 1.51 | 2.05 | 1.83 |
| Profitability Margins | |||||
| Gross Profit Margin | 17.80% | 16.76% | 12.89% | 7.54% | 16.82% |
| EBIT Margin | 9.96% | 10.48% | 6.22% | 3.50% | 10.04% |
| EBITDA Margin | 23.97% | 24.83% | 22.81% | 23.47% | 31.45% |
| Operating Profit Margin | 9.96% | 8.93% | 5.50% | 3.45% | 9.75% |
| Pretax Profit Margin | 9.59% | 9.45% | 5.03% | 1.77% | 8.01% |
| Net Profit Margin | 7.03% | 7.05% | 3.69% | 1.49% | 6.76% |
| Continuous Operations Profit Margin | 7.73% | 7.60% | 4.04% | 1.54% | 6.74% |
| Net Income Per EBT | 73.29% | 74.62% | 73.27% | 84.39% | 84.30% |
| EBT Per EBIT | 96.27% | 105.90% | 91.61% | 51.15% | 82.21% |
| Return on Assets (ROA) | 4.14% | 4.39% | 2.34% | 0.76% | 3.18% |
| Return on Equity (ROE) | 15.06% | 16.72% | 9.14% | 3.21% | 12.67% |
| Return on Capital Employed (ROCE) | 8.03% | 7.65% | 5.05% | 2.33% | 5.60% |
| Return on Invested Capital (ROIC) | 6.06% | 5.73% | 3.99% | 1.93% | 4.09% |
| Return on Tangible Assets | 4.15% | 4.40% | 2.35% | 0.76% | 3.19% |
| Earnings Yield | 10.89% | 9.27% | 5.22% | 1.97% | 6.06% |
| Efficiency Ratios | |||||
| Receivables Turnover | 17.57 | 16.67 | 17.07 | 12.46 | 9.72 |
| Payables Turnover | 79.87 | 68.84 | 78.41 | 83.16 | 92.67 |
| Inventory Turnover | 15.08 | 13.80 | 15.08 | 12.93 | 13.10 |
| Fixed Asset Turnover | 0.84 | 1.11 | 1.05 | 0.81 | 0.75 |
| Asset Turnover | 0.59 | 0.62 | 0.63 | 0.51 | 0.47 |
| Working Capital Turnover Ratio | -1922.89 | -33.90 | -16.97 | 9.67 | 8.72 |
| Cash Conversion Cycle | 40.40 | 43.04 | 40.93 | 53.14 | 61.48 |
| Days of Sales Outstanding | 20.77 | 21.90 | 21.38 | 29.30 | 37.56 |
| Days of Inventory Outstanding | 24.20 | 26.45 | 24.21 | 28.22 | 27.86 |
| Days of Payables Outstanding | 4.57 | 5.30 | 4.66 | 4.39 | 3.94 |
| Operating Cycle | 44.97 | 48.35 | 45.59 | 57.53 | 65.42 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 7.39 | 8.97 | 9.25 | 7.81 | 8.88 |
| Free Cash Flow Per Share | -0.64 | 4.87 | 4.42 | 3.32 | 6.26 |
| Dividend Paid and CapEx Coverage Ratio | 0.84 | 1.86 | 1.73 | 1.47 | 3.39 |
| Capital Expenditure Coverage Ratio | 0.92 | 2.19 | 1.91 | 1.74 | 3.39 |
| Operating Cash Flow Coverage Ratio | 0.45 | 0.56 | 0.59 | 0.44 | 0.40 |
| Operating Cash Flow to Sales Ratio | 0.24 | 0.27 | 0.30 | 0.31 | 0.36 |
| Free Cash Flow Yield | -3.19% | 18.97% | 20.41% | 17.45% | 22.73% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 8.35 | 10.78 | 19.16 | 51.35 | 16.50 |
| Price-to-Sales (P/S) Ratio | 0.65 | 0.76 | 0.71 | 0.76 | 1.11 |
| Price-to-Book (P/B) Ratio | 1.38 | 1.80 | 1.75 | 1.63 | 2.09 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -31.33 | 5.27 | 4.90 | 5.73 | 4.40 |
| Price-to-Operating Cash Flow Ratio | 2.73 | 2.86 | 2.34 | 2.43 | 3.10 |
| Price-to-Earnings Growth (PEG) Ratio | 4.97 | 0.10 | 0.09 | -0.66 | -0.00 |
| Enterprise Value Multiple | 3.73 | 3.68 | 4.61 | 5.27 | 5.38 |
| Enterprise Value | 187.09B | 186.10B | 194.25B | 186.59B | 234.71B |
| EV to EBITDA | 3.73 | 3.68 | 4.61 | 5.27 | 5.38 |
| EV to Sales | 0.89 | 0.91 | 1.05 | 1.24 | 1.69 |
| EV to Free Cash Flow | -43.41 | 6.32 | 7.29 | 9.38 | 6.68 |
| EV to Operating Cash Flow | 3.79 | 3.43 | 3.48 | 3.98 | 4.70 |
| Tangible Book Value Per Share | 15.21 | 14.83 | 12.71 | 11.94 | 13.57 |
| Shareholders’ Equity Per Share | 14.60 | 14.21 | 12.36 | 11.67 | 13.19 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.19 | 0.20 | 0.20 | 0.16 | 0.20 |
| Revenue Per Share | 31.29 | 33.69 | 30.63 | 25.14 | 24.72 |
| Net Income Per Share | 2.20 | 2.38 | 1.13 | 0.37 | 1.67 |
| Tax Burden | 0.73 | 0.75 | 0.73 | 0.84 | 0.84 |
| Interest Burden | 0.96 | 0.90 | 0.81 | 0.50 | 0.80 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.07 | 0.08 | 0.07 | 0.05 | 0.05 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 3.36 | 2.82 | 6.00 | 17.61 | 4.48 |
Currency in TWD
