China Eastern Airlines Stock EBITDA
CIAH Stock | EUR 0.24 0.02 9.09% |
China Eastern Airlines fundamentals help investors to digest information that contributes to China Eastern's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Eastern's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Eastern stock.
China |
China Eastern Airlines Company EBITDA Analysis
China Eastern's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current China Eastern EBITDA | (11.7 B) |
Most of China Eastern's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Eastern Airlines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition |
According to the company disclosure, China Eastern Airlines reported earnings before interest,tax, depreciation and amortization of (11.7 Billion). This is 2108.56% lower than that of the Industrials sector and significantly lower than that of the Airlines industry. The ebitda for all Germany stocks is significantly higher than that of the company.
China EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Eastern's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Eastern could also be used in its relative valuation, which is a method of valuing China Eastern by comparing valuation metrics of similar companies.China Eastern is currently under evaluation in ebitda category among related companies.
China Fundamentals
Return On Equity | -0.93 | |||
Return On Asset | -0.0645 | |||
Profit Margin | (0.64) % | |||
Operating Margin | (0.59) % | |||
Current Valuation | 38.84 B | |||
Shares Outstanding | 5.18 B | |||
Shares Owned By Insiders | 61.52 % | |||
Shares Owned By Institutions | 17.15 % | |||
Price To Earning | 16.13 X | |||
Price To Book | 1.58 X | |||
Price To Sales | 0.25 X | |||
Revenue | 66.89 B | |||
Gross Profit | (12.94 B) | |||
EBITDA | (11.7 B) | |||
Net Income | (12.21 B) | |||
Cash And Equivalents | 575.93 M | |||
Cash Per Share | 0.04 X | |||
Total Debt | 50.79 B | |||
Debt To Equity | 287.80 % | |||
Current Ratio | 0.23 X | |||
Book Value Per Share | 1.24 X | |||
Cash Flow From Operations | 5.69 B | |||
Earnings Per Share | (0.13) X | |||
Price To Earnings To Growth | 1.26 X | |||
Number Of Employees | 80.32 K | |||
Beta | 0.68 | |||
Market Capitalization | 14.85 B | |||
Total Asset | 288.79 B | |||
Annual Yield | 0.02 % | |||
Net Asset | 288.79 B |
About China Eastern Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Eastern Airlines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Eastern using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Eastern Airlines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China Eastern in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China Eastern's short interest history, or implied volatility extrapolated from China Eastern options trading.
Pair Trading with China Eastern
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Eastern position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Eastern will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to China Eastern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Eastern when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Eastern - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Eastern Airlines to buy it.
The correlation of China Eastern is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Eastern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Eastern Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Eastern can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Eastern Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the China Eastern Airlines information on this page should be used as a complementary analysis to other China Eastern's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for China Stock analysis
When running China Eastern's price analysis, check to measure China Eastern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Eastern is operating at the current time. Most of China Eastern's value examination focuses on studying past and present price action to predict the probability of China Eastern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Eastern's price. Additionally, you may evaluate how the addition of China Eastern to your portfolios can decrease your overall portfolio volatility.
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