Trade Air China Limited - 0753 CFD

About Air China Ltd.

Air China Limited is a China-based company principally engaged in the provision of air passenger transportation, freight transportation, postal transportation and maintenance services in Mainland China, Hong Kong, Macau and foreign regions. The Company is also engaged in domestic and international business aviation businesses, plane business, aircraft maintenance, airlines business agents, ground and air express services related to main businesses, duty free on boards, retail business on boards and aviation accident insurance sales agents business.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Air China Ltd. revenues increased 19% to RMB57.46B. Net loss increased 2% to RMB10.32B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Finance Expense - Balancing value decrease of 69% to RMB395.9M (income), General and administrative expenses increase of 19% to RMB3.24B (expense).

Equity composition

IPO, 08/06, 16,390,000 issd. @ RMB2.8. by CITIC Securities Co. Ltd, China Galaxy Securities Co Ltd and China International Capital Co Ltd. Pre IPO shares are stated as pro-forma. FY'07 fncls are restated. FY'08 Qs I/S are restated. FY'08 annual B/S is RES, C/F is CLA. FY'10 Q2 I/S is CLA. FY'09 B/S is CLA. FY'10 Q2 I/S is CLA.