China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services. It is also involved in flight training; airline maintenance; the provision of import and export, investment, leasing, and consultation services; the research and development of technology and products in the field of aviation; and e-commerce platform and ticket agent services. As of December 31, 2021, the company operated a fleet of 758 aircraft, including 752 passenger aircraft and 6 business aircraft. China Eastern Airlines Corporation Limited was founded in 1988 and is headquartered in Shanghai, the People's Republic of China.
General Outlook
In simple terms, China Eastern Airlines Corporation Limited has 32315.155 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep -0.036% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -0.139%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.124%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.042% return, is a testament to China Eastern Airlines Corporation Limited's adeptness in optimizing resource deployment. China Eastern Airlines Corporation Limited's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.459%. Furthermore, the proficiency of China Eastern Airlines Corporation Limited in capital utilization is underscored by a remarkable -0.076% return on capital employed.
Stock Prices
China Eastern Airlines Corporation Limited's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $2.52, while its low point bottomed out at $2.46. This variance in figures offers investors a lucid insight into the roller-coaster ride that is China Eastern Airlines Corporation Limited's stock market.
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