Air China (OTCMKTS:AIRYY) Releases Quarterly Earnings Results

Key Points

• Air China reported earnings of $0.03 EPS for the quarter, along with a negative net margin of 0.33% and a negative return on equity of 1.41%.
• The stock is currently priced at $12.55, with a market capitalization of $10.41 billion and a PE ratio of -179.29.
• Air China has a debt-to-equity ratio of 3.91, which indicates significant leverage compared to its equity base.

Air China (OTCMKTS:AIRYY - Get Free Report) posted its quarterly earnings results on Friday. The transportation company reported $0.03 earnings per share (EPS) for the quarter, Zacks reports. Air China had a net margin of 0.47% and a return on equity of 2.01%. The firm had revenue of $5.63 billion for the quarter.

Air China Stock Performance

OTCMKTS AIRYY remained flat at $12.55 on Tuesday. The company has a debt-to-equity ratio of 3.91, a quick ratio of 0.29 and a current ratio of 0.32. The company has a fifty day moving average of $13.58 and a 200-day moving average of $13.19. Air China has a fifty-two week low of $7.51 and a fifty-two week high of $15.12. The company has a market cap of $10.41 billion, a price-to-earnings ratio of 89.65 and a beta of 0.14.

Air China Company Profile

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.