- In September 2024, China Eastern Airlines experienced a 25% increase in passenger traffic compared to the previous year.
- The passenger load factor, which measures how full flights are, rose to 83.5%, up from 73.6% the previous year.
- Analyst recommendations for China Eastern include 10 “buy” ratings, 2 “hold” ratings, and 4 “sell” ratings.
- The statistics are based on figures reported by the company in their original disclosures.
A look at China Eastern Airlines Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
China Eastern Airlines Corporation Limited, a key player in the civil aviation industry, demonstrates a promising long-term outlook fueled by strong growth and momentum factors. With an impressive Growth score of 5, the company is positioned to capitalize on expanding opportunities in the aviation sector. Additionally, its Momentum score of 5 signifies positive market sentiment and performance trends, indicating a robust operational trajectory.
Although showing strength in growth and momentum, China Eastern Airlines faces challenges in areas like Resilience and Dividend, scoring 2 and 1 respectively. This suggests some vulnerabilities in terms of weathering market uncertainties and offering shareholder returns. However, the company’s solid Value score of 4 underlines its attractive investment proposition considering its current market positioning and potential for future growth.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
