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Companies Industrials 0293.HK
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0293.HK HKEX Airlines

Cathay Pacific Airways Ltd

HK$12,63
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HKD
Set alert
LatestCathay Pacific forecasts 75% profit surge to HK$6.5bn on travel demand
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
76,8B HKD
P/E
7,1x
EV / Rev
Div yield
7,16 %
Op margin
ROE
Net margin
Debt / equity
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Cathay Pacific Airways Ltd operates as a passenger airline, providing air transportation services for both domestic and international routes.

Business. Cathay Pacific Airways Ltd (0293.HK) is an airline headquartered in Hong Kong that operates within the transportation industry. The company generates service revenue by providing air transport services to passengers and cargo. It is primarily listed on the Hong Kong Stock Exchange. Specific operating segments and geographic revenue breakdowns are not disclosed in the available data.

Classification92 %
SectorIndustrials
Business sectorTransportation
IndustryAirlines
ActivityTransportation
Generated · model-assisted
Sell-side consensus
HOLD12 analysts
5 buy4 hold3 sell
Avg 12m price target12,66

Analyst recommendations

12 analysts · consensus Hold
Buy5
Hold4
Sell3
12-month price target
12,66
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
7,1x
P/E
Analysts
Hold
12 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
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

2
  • MARKETSCathay Pacific forecasts 75% profit surge to HK$6.5bn on travel demand2026-07-22
  • MARKETSSK Hynix leveraged ETF overtakes Cathay Pacific fund to become Hong Kong's largest ETF2026-06-23
  • 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 · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 0293.HK. 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

    Briefing · model-assisted

    There are no material changes, watcher signals, or cross-source signals to report for Cathay Pacific Airways Ltd (0293.HK) based on the provided data. The system indicates this is the first analysis for this ticker, meaning there is no prior basis for computing deltas or identifying recent shifts in performance or sentiment. Consequently, no specific events, financial updates, or strategic developments can be synthesized. The available data does not support assertions regarding changes in operations, market position, or analyst coverage trends. The company profile lists two officers and eight analysts, but without comparative data or recent activity logs, these figures provide no context for recent developments. There are no index membership changes or top holder updates recorded in the current dataset. In summary, the absence of signal data prevents any meaningful cross-section synthesis. Investors should note that this baseline analysis lacks the historical or real-time inputs necessary to evaluate recent material changes for Cathay Pacific Airways.

    Signals & dispatch

    peak dispatch · 2026-07-22

    Composite-score breakdown

    Synthesis

    Business

    Cathay Pacific Airways Ltd (0293.HK) is an airline headquartered in Hong Kong that operates within the transportation industry. The company generates service revenue by providing air transport services to passengers and cargo. It is primarily listed on the Hong Kong Stock Exchange. Specific operating segments and geographic revenue breakdowns are not disclosed in the available data.

    Classification92 %
    SectorIndustrials
    Business sectorTransportation
    IndustryAirlines
    ActivityTransportation
    AI synthesis
    GENERATED

    Cathay Pacific Airways Ltd has a market capitalization of HKD 76.8 billion, with a current market price of HKD 12.63 per share. The company has 6.08 billion shares outstanding, with no dilution observed between basic and diluted shares. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.

    Profitability and returns for Cathay Pacific Airways Ltd are not available for direct comparison to industry_config preferred metrics or cohort medians, as the valuation snapshot does not include key profitability ratios such as ROIC or EBITDA margins. The company's financial performance remains opaque without access to more granular profitability data.

    The company's revenue is concentrated in disclosed segments, though specific geographic exposure and segment breakdowns are not provided in the available data. Analysts have not identified any material revenue concentration risks in the current dataset.

    Looking ahead, Cathay Pacific Airways Ltd is expected to maintain a stable revenue trajectory, with no significant growth or contraction projected in the current or next fiscal year. Analysts have assigned a mean price target of HKD 12.66, with a median of HKD 12.00, indicating a neutral outlook.

    Risk factors for Cathay Pacific Airways Ltd include the inability to assess liquidity risk due to missing balance-sheet data and no going-concern language in source documents. Dilution risk is currently low, with no near-term pressure expected. No adjustments have been applied to the valuation metrics, and no dilution sources have been identified in the available data.

    Recent events and filings for Cathay Pacific Airways Ltd have not been disclosed in the available data. Analysts have issued a mean recommendation of 2.83, with a mix of 1 strong buy, 4 buy, and 4 hold ratings, indicating a generally cautious but not bearish sentiment.

    There are no material changes, watcher signals, or cross-source signals to report for Cathay Pacific Airways Ltd (0293.HK) based on the provided data. The system indicates this is the first analysis for this ticker, meaning there is no prior basis for computing deltas or identifying recent shifts in performance or sentiment. Consequently, no specific events, financial updates, or strategic developments can be synthesized. The available data does not support assertions regarding changes in operations, market position, or analyst coverage trends. The company profile lists two officers and eight analysts, but without comparative data or recent activity logs, these figures provide no context for recent developments. There are no index membership changes or top holder updates recorded in the current dataset. In summary, the absence of signal data prevents any meaningful cross-section synthesis. Investors should note that this baseline analysis lacks the historical or real-time inputs necessary to evaluate recent material changes for Cathay Pacific Airways.

    Key takeaways
    • Cathay Pacific Airways Ltd has a market capitalization of HKD 76.8 billion, with a current market price of HKD 12.63 per share.
    • Analysts have assigned a mean price target of HKD 12.66, with a median of HKD 12.00, indicating a neutral outlook.
    • Liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in source documents.
    • Dilution risk is currently low, with no near-term pressure expected.
    • Analysts have issued a mean recommendation of 2.83, with a mix of 1 strong buy, 4 buy, and 4 hold ratings.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2026-03-11
    FY 2026 · Full-year highlights

    Revenue HK$116.77B, +11,9% YoY; Operating income +3,8% YoY.

    RevenueHK$116.77B+11,9 % YoY
    Operating incomeHK$14.46B+3,8 % YoY
    Net incomeHK$10.83B+9,5 % YoY
    Free cash flowHK$8.08B+1,8 % YoY
    EPS
    Operating cash flowHK$25.38B+7,8 % YoY
    Financials
    Income statement
    RevenueHK$116.77B
    Gross profitHK$74.73B
    Operating incomeHK$14.46B
    Net incomeHK$10.83B
    Margins
    Gross margin64.0%
    Operating margin12.4%
    Net margin9.3%
    FCF margin6.9%
    Balance sheet
    Total assetsHK$177.05B
    Total liabilitiesHK$116.94B
    Total equityHK$60.11B
    Cash & equivalentsHK$8.47B
    Long-term debtHK$59.10B
    Cash flow
    Operating cash flowHK$25.38B
    CapEx-HK$9.83B
    Free cash flowHK$8.08B
    SBC
    P&L flow · revenue → net income
    Revenue HK$116.77BOperating costs HK$102.31BTax HK$3.63BNet income HK$10.83B
    Highlights
    • Revenue HK$116.77B, +11,9% YoY
    • Operating income +3,8% YoY
    • Net income +9,5% YoY
    • Free cash flow +1,8% YoY
    • Net margin 9.3%

    Valuation FY

    Market price
    HK$12,63
    Market cap
    HK$76.80B
    Enterprise value
    P/E
    7.1x
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    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

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    1,34
    Predicted surprise
    -0,00
    Beat probability
    45 %
    Analysts
    12
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    revision ratio -0,00 · as of 2026-05-18 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate1,34
    Revenueno estimateno estimate125,9B HKD
    Operating incomeno estimateno estimate12,0B HKD
    Full-year consensus mean (period as reported by source) · consensus in HKD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution12 analysts
    Strong buy1
    Buy4
    Hold4
    Sell2
    Strong sell1
    12-month price targetHK$12,66 · Median HK$12,00
    Low HK$9,50High HK$17,00
    Operating income · consensus12,0B HKD
    EPS surprise
    +4,4 %
    reported vs consensus · beat
    Revenue surprise
    −7,3 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    LowHK$9,50
    MeanHK$12,66
    MedianHK$12,00
    HighHK$17,00
    SpotHK$12,63
    +0.2 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    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
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Cathay Pacific Airways Ltd Market data — financials · 2026-05-26
    • Cathay Pacific Airways Ltd Market data — analyst estimates · 2026-05-26
    • Cathay Pacific Airways Ltd Market data — ESG · 2026-05-26

    Ownership & reference

    Leadership

    • Bradley Martin CouttsExecutive Chairman of the Board
    • Ronald LamChief Executive Officer, Executive Director

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    0293.HKCanonical
    HKEX · HKD

    Intel & risk

    PredictorBeat prob45 %Surprise-0,00Full forecast →
    peak dispatch · 2026-07-22
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-23 07:12 UTCNEWSSK Hynix leveraged ETF overtakes Cathay Pacific fund to become Hong Kong's largest ETF → A leveraged exchange-traded fund tracking SK Hynix has swelled to nearly $17 billion in assets, surpassing the long-standing market leader in Hong Kong and signaling intense speculative appetite for the semiconductor sector.
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-03-11 09:30 UTCEARNINGSAnnual results — FY 2026 Revenue HKD 116.77B · Net HKD 10.83B
    2025-03-12 09:30 UTCEARNINGSAnnual results — FY 2025 Revenue HKD 104.37B · Net HKD 9.89B
    2024-03-13 09:35 UTCEARNINGSAnnual results — FY 2024 Revenue HKD 94.48B · Net HKD 9.79B
    2023-03-08 09:31 UTCEARNINGSAnnual results — FY 2023 Revenue HKD 51.04B · Net HKD -6.62B
    2022-03-09 09:30 UTCEARNINGSAnnual results — FY 2022 Revenue HKD 45.59B · Net HKD -5.53B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    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 Premium coverage