Earnings Alerts

Air China Ltd (A) (601111) Earnings Boosted by 22.1% Growth in Passenger Traffic

By November 15, 2024 No Comments
  • Passenger traffic for Air China increased by 22.1% in October.
  • The airline’s passenger load factor reached 81.9% during the same period.
  • In terms of stock recommendations, there are 10 “buy” ratings for Air China’s shares.
  • There are also 4 “hold” ratings and 3 “sell” ratings for the stock.

A look at Air China Ltd (A) Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth5
Resilience2
Momentum2
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Air China Ltd (A) shows a promising long-term outlook. With a high Growth score of 5, the company is positioned for expansion and increased profitability in the future. However, its Value score of 3 indicates that the stock may not be undervalued compared to its peers. In terms of Resilience and Momentum, Air China received scores of 2, suggesting moderate performance in these areas. The Dividend score of 1 implies a lower focus on returning profits to shareholders through dividends.

Air China Limited, a key player in the Chinese aviation industry, offers various services such as passenger and cargo transportation as well as airline-related services. Headquartered in Beijing, it serves as a crucial hub for both domestic and international air travel. The company’s diverse service offerings include aircraft maintenance, ground services, and in-flight catering, positioning it as a comprehensive provider in the aviation sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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