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Companies 001391.SZ
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001391.SZ Shenzhen Stock Exchange Unclassified

Air China Cargo Co Ltd

¥5,26
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CNY
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Mcap
64,2B CNY
P/E
20,2x
EV / Rev
2,3x
Div yield
2,03 %
Op margin
13,9 %
ROE
8,5 %
Net margin
10,5 %
Debt / equity
0,00
Beta
52w range
Volume
Day range
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Open
Next earnings
Ex-dividend
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About

Air China Cargo Co Ltd operates as an air freight and logistics provider within the Industrials sector, generating revenue through cargo transportation services.

Business. Air China Cargo Co Ltd operates as an air freight and logistics provider within the Industrials sector, generating revenue through cargo transportation services.

Classification20 %
SectorUnclassified
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
20,2x
P/E
Analysts
not yet wired
Ownership
not yet wired
Profitability
8,5 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 001391.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 001391.SZ. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Air China Cargo Co Ltd operates as an air freight and logistics provider within the Industrials sector, generating revenue through cargo transportation services.

    Classification20 %
    SectorUnclassified
    AI synthesis
    GENERATED

    (a) Capital structure and liquidity are characterized by a conservative balance sheet with a debt-to-equity ratio of 0.0 and a current ratio of 2.89. Total equity stands at 26.84 billion CNY against total liabilities of 3.11 billion CNY, indicating strong solvency. However, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, suggesting operational cash conversion challenges despite the strong balance sheet position.

    (b) Profitability metrics show a return on equity (ROE) of 8.47% and a return on assets (ROA) of 7.59%. The company generated a net income of 2.58 billion CNY on revenue of 22.88 billion CNY, resulting in a net margin of approximately 11.3%. Operating income was 3.47 billion CNY, demonstrating effective cost control relative to gross profit of 3.90 billion CNY. Without cohort median data provided, these returns are assessed in isolation, but the positive operating leverage is evident.

    Key takeaways
    • The company maintains a strong balance sheet with zero debt-to-equity and a high current ratio of 2.89, yet faces medium liquidity risk due to negative net cash after debt subtraction.
    • Profitability is solid with an ROE of 8.47% and ROA of 7.59%, supported by a net income of 2.58 billion CNY on 22.88 billion CNY in revenue.
    • Free cash flow is negative at -448.66 million CNY, driven by high capital expenditures of 4.53 billion CNY that exceed operating cash flow of 4.26 billion CNY.
    • Valuation multiples include a P/E of 22.98 and an EV/EBITDA of 17.29, reflecting the market's pricing of the company's earnings and cash flow generation.
    • Dilution risk is assessed as low, with basic and diluted shares outstanding being identical at 12.21 billion shares.
    • Classification confidence is low at 0.20, indicating potential ambiguity in the company's precise industry positioning within the Air Freight & Logistics sector.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 3

    Net income surged 39.7% year-over-year to CNY 2.58 billion, demonstrating strong profitability growth momentum.

    Free cash flow improved dramatically by 482.9% year-over-year, signaling a major recovery in cash generation capabilities.

    The company maintains a zero debt-to-equity ratio, well above the 75th percentile, ensuring a robust balance sheet.

    BEAR CASE · 4

    Free cash flow remains negative at CNY -449 million in the latest period, indicating ongoing cash burn.

    Revenue growth has stalled with a mere 1.5% four-year CAGR, suggesting limited top-line expansion potential.

    Medium liquidity risk flags suggest potential challenges in meeting short-term financial obligations or operational needs.

    Long-term debt increased to CNY 126 million from previous periods, though levels remain relatively low overall.

    In focus — financials by report

    Valuation FY

    Market price
    ¥5,26
    Market cap
    ¥52.25B
    Enterprise value
    ¥52.38B
    P/E
    20.2x
    Non-GAAP P/E
    EV / Revenue
    2.3x
    EV / Op income
    15.1x
    EV / OCF
    12.6x
    P / B
    1.9x
    P / Tangible book
    1.9x
    Tangible book
    ¥26.84B
    Net cash
    -¥126.2M
    Current ratio
    2.9
    Debt / equity
    0.0
    ROA
    7.6%
    ROE
    8.5%
    Cash conversion
    182.0%
    CapEx / revenue
    -3.1%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin13,9 %Above median
    Net Margin10,4 %Above median
    ROE8,5 %Above median
    Capex / Rev-3,1 %Above median
    D/E0,00Above P75
    Cash Conv1,82Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    • Reference data
    How metrics are computed
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Enterprise Value
      market_cap - net_cash
    • Return On Assets
      net_income / total_assets
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Air China Cargo Co Ltd Market data — financials · 2026-07-07

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    001391.SZCanonical
    Shenzhen Stock Exchange · CNY

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data Premium coverage