CHINA EASTERN AIRLINES CORP

CHINA EASTERN AIRLINES CORP — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	132.1B	113.8B	46.3B	67.1B	58.6B	120.9B	114.9B	101.7B	98.6B	93.8B	89.7B	88.1B	86.4B	84.0B	75.0B	39.8B	41.8B	43.5B	38.2B	26.4B
Revenue Growth %	16.1%	145.7%	-31.0%	14.5%	-51.5%	5.2%	13.0%	3.2%	5.0%	4.6%	1.9%	2.0%	2.9%	12.0%	88.2%	-4.8%	-3.9%	14.0%	44.8%	--
Total Revenue	132.1B	113.8B	46.3B	67.1B	58.6B	120.9B	114.9B	101.7B	98.6B	93.8B	89.7B	88.1B	86.4B	84.0B	75.0B	39.8B	41.8B	43.5B	38.2B	26.4B
Cost Of Revenue	126.5B	112.5B	74.7B	80.0B	70.8B	107.2B	102.4B	90.3B	82.6B	77.1B	79.6B	80.5B	75.5B	70.4B	60.7B	37.2B	43.1B	37.6B	35.1B	22.8B
+Gross Profit	5.6B	1.3B	-28.4B	-12.9B	-12.2B	13.7B	12.5B	11.4B	16.0B	16.7B	10.1B	7.7B	10.9B	13.5B	14.2B	2.6B	-1.2B	5.9B	3.1B	3.5B
Gross Margin %	4.3%	1.2%	-61.4%	-19.2%	-20.7%	11.3%	10.9%	11.2%	16.2%	17.8%	11.3%	8.7%	12.6%	16.1%	19.0%	6.5%	-2.9%	13.5%	8.1%	13.4%
Total Operating Cost	142.8B	127.6B	89.6B	90.5B	80.7B	124.2B	118.4B	101.2B	98.0B	93.9B	90.3B	89.3B	86.1B	80.6B	71.0B	44.5B	50.4B	43.7B	42.1B	27.3B
Selling Expenses	5.5B	4.3B	2.3B	2.6B	3.2B	6.3B	6.1B	5.8B	5.7B	6.1B	5.8B	5.9B	5.4B	5.4B	5.3B	3.0B	2.5B	2.8B	2.6B	2.0B
Admin Expenses	4.1B	3.5B	3.6B	3.4B	3.5B	3.8B	3.2B	3.1B	3.0B	2.9B	2.5B	2.8B	3.0B	2.6B	2.7B	1.5B	1.5B	2.1B	1.9B	1.3B
Rd Expenses	343.0M	277.0M	305.0M	315.0M	176.0M	160.0M	135.0M	92.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	5.8B	6.5B	8.3B	3.9B	2.6B	6.3B	5.9B	1.3B	6.4B	7.3B	2.3B	-440.0M	1.5B	-441.0M	431.0M	1.6B	357.0M	-106.0M	762.0M	571.0M
+Operating Income	-4.4B	-8.6B	-40.1B	-17.8B	-16.8B	3.5B	3.0B	7.2B	1.0B	218.0M	-400.0M	-1.1B	550.0M	3.6B	4.9B	-950.0M	-14.8B	77.1M	-3.9B	-300.0M
Operating Margin %	-3.3%	-7.5%	-86.6%	-26.5%	-28.7%	2.9%	2.6%	7.1%	1.1%	0.2%	-0.4%	-1.2%	0.6%	4.3%	6.5%	-2.4%	-35.5%	0.2%	-10.2%	-1.1%
Non Operating Income	566.0M	328.0M	173.0M	303.0M	365.0M	876.0M	977.0M	1.4B	5.5B	5.5B	4.6B	3.3B	2.7B	1.6B	1.1B	1.6B	906.0M	677.0M	719.0M	228.0M
Non Operating Expenses	71.0M	61.0M	183.0M	28.0M	45.0M	38.0M	68.0M	45.0M	81.0M	33.0M	89.0M	58.0M	23.2M	28.5M	134.0M	14.2M	45.0M	28.9M	76.9M	-1.5M
Investment Income	309.0M	137.0M	-198.0M	9.0M	-77.0M	368.0M	238.0M	2.1B	322.0M	239.0M	142.0M	68.0M	234.0M	128.0M	119.0M	-22.7M	106.0M	155.0M	67.9M	6.4M
Fair Value Change Income	36.0M	-7.0M	-12.0M	-11.0M	-26.0M	25.0M	284.0M	-311.0M	2.0M	6.0M	11.0M	18.0M	24.8M	86.9M	833.0M	3.8B	-6.4B	84.0M	-42.3M	--
Asset Disposal Income	394.0M	86.0M	180.0M	734.0M	29.0M	38.0M	496.0M	37.0M	112.0M	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	44.0M	17.0M	97.0M	22.0M	184.0M	4.0M	318.0M	491.0M	29.0M	228.0M	22.0M	184.0M	-19.9M	799.0M	427.0M	118.0M	2.0B	225.0M	834.0M	--
Other Income	5.5B	5.0B	3.3B	4.9B	5.3B	6.3B	5.4B	4.9B	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	-3.9B	-8.3B	-40.1B	-17.5B	-16.5B	4.3B	3.9B	8.6B	6.5B	5.7B	4.1B	2.2B	3.2B	5.2B	5.8B	640.0M	-14.0B	725.0M	-3.3B	106.0M
Income Tax	894.0M	336.0M	-244.0M	-4.2B	-3.9B	819.0M	926.0M	1.8B	1.5B	624.0M	573.0M	126.0M	208.0M	265.0M	138.0M	80.9M	60.8M	96.5M	-140.0M	9.5M
+Net Income	-4.8B	-8.6B	-39.9B	-13.3B	-12.6B	3.5B	2.9B	6.8B	5.0B	5.0B	3.5B	2.1B	3.0B	4.9B	5.7B	559.0M	-14.0B	628.0M	-3.1B	96.0M
Net Margin %	-3.6%	-7.6%	-86.1%	-19.8%	-21.4%	2.9%	2.6%	6.7%	5.0%	5.4%	4.0%	2.4%	3.5%	5.8%	7.6%	1.4%	-33.6%	1.4%	-8.2%	0.4%
Net Income Attributable	-4.2B	-8.2B	-37.4B	-12.2B	-11.8B	3.2B	2.7B	6.4B	4.5B	4.5B	3.4B	2.4B	3.2B	4.9B	5.4B	712.0M	-13.9B	604.0M	-3.0B	60.5M
Minority Interest	-572.0M	-446.0M	-2.5B	-1.1B	-719.0M	288.0M	232.0M	468.0M	457.0M	506.0M	130.0M	-279.0M	-142.0M	15.8M	323.0M	-152.0M	-118.0M	24.4M	-130.0M	35.5M
Eps Basic	-0.19	-0.37	-1.98	-0.73	-0.72	0.21	0.19	0.44	0.33	0.36	0.27	0.20	0.28	0.43	0.48	0.11	-2.86	0.12	-0.61	0.01
Eps Diluted	--	--	-1.98	-0.73	-0.72	0.21	0.19	0.44	0.33	0.36	0.27	0.20	0.28	0.43	0.48	0.11	-2.86	0.12	-0.61	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	4.1B	12.2B	18.0B	13.0B	7.7B	1.4B	662.0M	4.7B	1.7B	9.1B	1.4B	2.4B	4.3B	6.8B	5.0B	2.2B	5.6B	2.1B	3.2B	3.8B
Trading Financial Assets	101.0M	65.0M	72.0M	84.0M	95.0M	121.0M	96.0M	--	--	--	--	--	18.1M	4.4M	71.1M	3.5M	124.0M	95.5M	187.0M	216.0M
Accounts Receivable	1.9B	2.2B	817.0M	974.0M	1.1B	1.7B	1.4B	2.1B	2.6B	2.9B	3.9B	3.6B	3.0B	2.5B	2.1B	1.4B	1.2B	2.1B	1.8B	1.8B
Notes Receivable	59.0M	--	--	--	--	--	4.0M	--	30.0M	--	--	--	6.0M	--	--	--	--	--	27.1M	--
Notes And Accounts Receivable	1.9B	2.2B	817.0M	974.0M	1.1B	1.7B	1.4B	2.1B	2.7B	2.9B	3.9B	3.6B	3.0B	2.5B	2.1B	1.4B	1.2B	2.1B	1.8B	1.8B
Prepayments	227.0M	311.0M	404.0M	160.0M	123.0M	175.0M	765.0M	580.0M	2.8B	753.0M	978.0M	852.0M	858.0M	973.0M	714.0M	377.0M	462.0M	382.0M	472.0M	86.5M
Inventory	1.7B	1.6B	1.7B	1.8B	2.1B	2.4B	1.9B	2.2B	2.2B	2.1B	2.3B	2.3B	2.1B	1.6B	1.3B	932.0M	871.0M	1.1B	1.2B	2.1B
Total Current Assets	19.1B	25.8B	28.0B	27.9B	22.5B	19.7B	15.9B	18.3B	15.9B	23.1B	18.2B	12.7B	12.8B	13.7B	11.7B	6.9B	10.4B	9.7B	8.6B	8.9B
Long Term Equity Investment	2.7B	2.5B	2.5B	2.3B	2.4B	2.6B	2.3B	2.2B	2.1B	2.1B	1.6B	1.5B	1.3B	1.5B	1.4B	1.2B	1.4B	991.0M	780.0M	762.0M
Fixed Assets	--	93.6B	85.5B	90.0B	97.7B	95.6B	175.7B	163.1B	150.8B	131.4B	107.3B	90.7B	80.5B	71.6B	68.1B	55.8B	51.8B	45.9B	39.3B	36.2B
Fixed Assets Total	100.6B	93.6B	85.5B	90.0B	97.7B	95.6B	175.7B	163.1B	150.8B	131.4B	107.3B	90.7B	80.5B	71.6B	68.1B	55.8B	51.8B	45.9B	39.3B	36.2B
Construction In Progress	--	17.7B	17.7B	15.5B	20.7B	20.1B	26.6B	28.8B	25.8B	23.0B	22.4B	18.4B	13.9B	13.1B	7.4B	5.8B	7.0B	7.2B	8.0B	9.4B
Construction In Progress Total	17.7B	17.7B	17.7B	15.5B	20.7B	20.1B	26.6B	28.8B	25.8B	23.0B	22.4B	18.4B	13.9B	13.1B	7.4B	5.8B	7.0B	7.2B	8.0B	9.4B
Intangible Assets	2.9B	2.8B	2.5B	2.7B	1.8B	1.8B	1.7B	2.0B	2.4B	2.3B	2.4B	2.4B	2.0B	1.9B	1.8B	1.4B	1.5B	1.6B	1.8B	1.4B
Long Term Deferred Expenses	2.5B	2.5B	2.2B	2.5B	2.4B	2.2B	1.8B	1.5B	1.9B	1.9B	1.3B	1.3B	1.2B	1.2B	1.1B	591.0M	484.0M	219.0M	242.0M	211.0M
Total Non Current Assets	257.5B	256.8B	258.1B	258.6B	259.9B	263.2B	220.8B	209.2B	194.2B	172.6B	145.3B	125.2B	108.9B	98.5B	89.1B	65.2B	62.8B	56.8B	51.3B	48.6B
Total Assets	276.6B	282.6B	286.2B	286.5B	282.4B	282.9B	236.8B	227.5B	210.1B	195.7B	163.5B	137.8B	121.7B	112.2B	100.8B	72.0B	73.2B	66.5B	59.9B	57.6B
Short Term Borrowings	35.7B	39.6B	49.2B	37.6B	22.0B	2.2B	8.1B	25.0B	10.0B	7.5B	14.0B	7.9B	8.9B	11.5B	11.2B	8.4B	19.5B	15.2B	13.2B	13.6B
Accounts Payable	12.1B	13.6B	10.7B	11.3B	12.3B	12.9B	12.2B	11.0B	10.8B	9.8B	11.1B	12.5B	10.9B	10.3B	9.5B	8.5B	9.6B	7.2B	6.1B	1.8B
Advance Receipts	15.0M	20.0M	16.0M	13.0M	20.0M	18.0M	6.0M	1.3B	966.0M	1.1B	841.0M	441.0M	492.0M	3.7B	3.0B	1.5B	1.1B	1.3B	943.0M	91.2M
Contract Liabilities	10.7B	7.4B	3.3B	3.3B	3.7B	10.2B	8.8B	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	114.0B	106.3B	106.5B	85.9B	99.8B	78.4B	73.1B	80.3B	68.1B	74.4B	61.1B	53.1B	49.0B	43.7B	39.2B	35.7B	54.1B	35.9B	33.9B	30.7B
Long Term Borrowings	46.4B	47.3B	38.4B	28.2B	13.2B	3.8B	8.5B	4.9B	10.6B	20.4B	20.2B	20.3B	20.6B	21.1B	23.4B	13.0B	8.6B	11.4B	12.2B	9.8B
Total Non Current Liabilities	121.2B	135.0B	149.2B	145.7B	125.7B	134.2B	104.4B	90.6B	91.9B	83.7B	72.9B	58.4B	53.2B	46.4B	45.1B	32.7B	30.2B	27.4B	22.9B	20.2B
Total Liabilities	235.2B	241.3B	255.8B	231.6B	225.5B	212.5B	177.4B	170.9B	160.0B	158.1B	134.1B	111.5B	102.2B	90.1B	84.2B	68.4B	84.2B	63.3B	56.8B	50.9B
Paid In Capital	22.3B	22.3B	22.3B	18.9B	16.4B	16.4B	14.5B	14.5B	14.5B	13.1B	12.7B	12.7B	11.3B	11.3B	11.3B	9.6B	4.9B	4.9B	4.9B	4.9B
Capital Reserve	53.0B	53.1B	53.5B	41.9B	34.3B	34.3B	26.8B	26.8B	26.8B	19.5B	17.4B	17.4B	12.0B	15.6B	15.7B	10.5B	1.1B	1.3B	1.3B	1.2B
Surplus Reserve	782.0M	782.0M	782.0M	782.0M	782.0M	782.0M	570.0M	540.0M	328.0M	184.0M	--	--	--	--	--	--	--	--	--	213.0M
Retained Earnings	-57.3B	-52.5B	-44.2B	-7.1B	4.9B	17.6B	16.2B	13.9B	8.4B	4.8B	465.0M	-3.0B	-5.3B	-6.5B	-11.4B	-16.7B	-17.5B	-3.6B	-3.8B	-502.0M
Minority Equity	877.0M	611.0M	1.0B	3.5B	2.9B	3.6B	3.6B	3.4B	2.9B	2.5B	1.8B	1.7B	1.5B	1.7B	999.0M	248.0M	534.0M	705.0M	741.0M	865.0M
Equity Attributable	40.5B	40.7B	29.4B	51.4B	54.0B	66.8B	55.8B	53.1B	47.2B	35.1B	27.7B	24.6B	17.9B	20.4B	15.6B	3.4B	-11.6B	2.5B	2.3B	5.8B
Total Equity	41.4B	41.3B	30.4B	54.9B	56.9B	70.4B	59.4B	56.5B	50.1B	37.7B	29.5B	26.3B	19.4B	22.1B	16.6B	3.6B	-11.1B	3.2B	3.1B	6.7B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	145.7B	126.7B	51.4B	72.4B	56.5B	129.3B	125.6B	108.3B	108.0B	99.2B	96.5B	92.4B	89.7B	85.8B	76.8B	40.2B	42.7B	43.1B	37.8B	27.9B
Tax Refunds Received	3.5B	2.8B	8.1B	12.0M	99.0M	109.0M	78.0M	171.0M	2.9B	1.8B	--	--	--	--	--	--	--	--	--	30.0M
Total Operating Cash Inflow	161.2B	139.9B	66.3B	83.2B	67.7B	146.9B	140.3B	122.3B	121.7B	110.7B	105.6B	99.7B	95.5B	90.9B	81.0B	43.9B	43.2B	44.1B	38.3B	28.9B
Cash Paid For Goods	85.2B	79.2B	45.4B	46.9B	40.1B	79.9B	82.1B	68.5B	64.6B	59.7B	69.0B	66.1B	61.8B	57.3B	53.7B	28.6B	30.9B	31.9B	29.6B	19.4B
Cash Paid To Employees	26.8B	24.5B	21.3B	22.9B	20.4B	24.8B	22.6B	21.4B	20.2B	17.8B	16.1B	15.0B	13.3B	12.1B	9.9B	5.9B	5.9B	4.4B	3.5B	2.5B
Taxes Paid	3.0B	3.1B	1.8B	2.2B	309.0M	4.8B	5.7B	5.2B	4.7B	3.4B	2.3B	2.5B	3.4B	3.7B	3.3B	2.1B	2.3B	2.2B	1.6B	1.4B
Total Operating Cash Outflow	123.9B	113.3B	72.8B	77.5B	66.4B	118.0B	118.0B	102.8B	96.8B	86.3B	93.4B	88.9B	82.8B	77.5B	70.6B	39.1B	39.8B	39.2B	35.1B	25.0B
Operating Cash Flow	37.3B	26.6B	-6.4B	5.7B	1.2B	29.0B	22.3B	19.6B	24.9B	24.3B	12.3B	10.8B	12.6B	13.5B	10.4B	4.8B	3.5B	4.9B	3.2B	3.9B
Total Investing Cash Inflow	5.2B	3.5B	3.4B	13.1B	1.0B	2.8B	13.4B	3.4B	1.5B	6.2B	2.3B	2.4B	1.8B	840.0M	2.1B	780.0M	2.2B	631.0M	399.0M	1.2B
Total Investing Cash Outflow	16.3B	19.6B	10.7B	10.9B	7.3B	7.7B	26.2B	24.8B	38.7B	34.0B	26.4B	19.4B	13.6B	15.6B	10.5B	9.4B	3.7B	2.4B	1.9B	12.8B
Investing Cash Flow	-11.2B	-16.1B	-7.3B	2.2B	-6.3B	-4.9B	-12.8B	-21.3B	-37.2B	-27.8B	-24.0B	-17.0B	-11.8B	-14.8B	-8.4B	-8.6B	-1.5B	-1.8B	-1.5B	-11.6B
Cash From Borrowings	71.3B	94.5B	138.8B	115.2B	118.9B	54.0B	71.8B	77.4B	125.7B	73.0B	54.8B	24.6B	34.0B	25.3B	32.4B	39.4B	30.2B	21.8B	22.3B	22.9B
Dividends And Interest Paid	5.2B	5.4B	5.2B	5.2B	6.3B	5.6B	5.2B	4.5B	4.0B	3.1B	2.0B	1.7B	2.1B	1.9B	1.7B	2.2B	2.8B	2.3B	2.2B	1.0B
Debt Repayments	78.9B	105.4B	116.5B	118.8B	82.7B	57.5B	70.2B	57.6B	117.0B	55.3B	41.8B	29.7B	34.0B	23.8B	28.5B	49.1B	23.9B	19.0B	21.3B	13.9B
Total Financing Cash Inflow	77.2B	114.6B	157.3B	138.4B	118.9B	63.6B	71.8B	77.4B	134.3B	75.8B	58.1B	39.6B	38.7B	29.9B	33.0B	55.4B	30.6B	27.0B	31.0B	23.0B
Total Financing Cash Outflow	111.1B	131.4B	139.0B	140.9B	107.5B	86.9B	85.3B	72.7B	129.6B	64.8B	47.0B	33.9B	40.9B	27.8B	33.7B	53.3B	30.7B	30.5B	32.7B	15.5B
Financing Cash Flow	-33.9B	-16.8B	18.3B	-2.5B	11.4B	-23.4B	-13.6B	4.7B	4.6B	11.1B	11.1B	5.7B	-2.2B	2.1B	-652.0M	2.1B	-91.8M	-3.5B	-1.6B	7.5B
Net Change In Cash	-7.8B	-6.3B	4.6B	5.3B	6.3B	704.0M	-4.0B	2.9B	-7.4B	7.7B	-684.0M	-556.0M	-1.3B	783.0M	1.3B	-1.7B	1.8B	-332.0M	123.0M	-143.0M
Ending Cash Balance	4.1B	11.9B	18.0B	12.9B	7.7B	1.4B	646.0M	4.6B	1.7B	9.1B	1.4B	2.0B	2.5B	3.9B	3.1B	1.7B	3.5B	1.7B	2.0B	--
Capex	16.3B	18.7B	10.0B	10.8B	7.2B	7.6B	26.2B	24.7B	38.7B	33.6B	25.9B	19.1B	13.5B	13.5B	10.0B	7.6B	2.5B	2.3B	1.5B	12.6B