China Airlines, Ltd. (TPE:2610)

China Airlines Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	208,007	203,879	184,817	150,722	138,841	115,251
Revenue Growth (YoY)	9.04%	10.31%	22.62%	8.56%	20.47%	-31.58%
Cost of Revenue	171,824	169,719	160,986	139,352	115,487	105,031
Gross Profit	36,183	34,160	23,831	11,370	23,354	10,219
Selling, General & Admin	14,612	14,387	11,837	8,785	7,334	6,847
Operating Expenses	16,182	15,958	13,673	8,785	8,386	8,035
Operating Income	20,001	18,202	10,157	2,585	14,968	2,184
Interest Expense	-2,884	-2,750	-2,608	-2,541	-2,407	-3,058
Interest & Investment Income	2,338	2,250	1,824	639.85	168.56	305.55
Earnings From Equity Investments	703.23	663.24	417.49	-74.84	-401.42	-200.83
Currency Exchange Gain (Loss)	194.66	194.66	808.73	-	-2.93	527.23
Other Non Operating Income (Expenses)	-57.54	190.97	51.19	2,052	321.48	45.78
EBT Excluding Unusual Items	20,296	18,751	10,651	2,661	12,646	-195.81
Gain (Loss) on Sale of Investments	-0.03	-0.03	2.52	-	-60.44	-46.76
Gain (Loss) on Sale of Assets	400.76	400.76	553.55	-	-1,275	13.35
Asset Writedown	124.02	124.02	-1,901	-	-184.01	-424.57
Pretax Income	20,821	19,276	9,305	2,661	11,127	-653.8
Income Tax Expense	4,079	3,781	1,834	415.36	2,170	-373.98
Earnings From Continuing Operations	16,741	15,495	7,471	2,245	8,957	-279.81
Minority Interest in Earnings	-1,272	-1,112	-652.65	614.1	423.24	419.81
Net Income	15,470	14,383	6,819	2,860	9,380	140
Net Income to Common	15,470	14,383	6,819	2,860	9,380	140
Net Income Growth	79.63%	110.94%	138.45%	-69.52%	6599.93%	-
Shares Outstanding (Basic)	6,049	6,051	6,029	5,957	5,616	5,419
Shares Outstanding (Diluted)	6,159	6,169	6,150	6,084	6,141	5,419
Shares Change (YoY)	0.21%	0.32%	1.08%	-0.93%	13.33%	0.01%
EPS (Basic)	2.56	2.38	1.13	0.48	1.67	0.03
EPS (Diluted)	2.51	2.33	1.11	0.47	1.54	0.03
EPS Growth	79.43%	109.97%	136.47%	-69.47%	5857.65%	-
Free Cash Flow	23,934	29,445	26,661	19,886	35,159	-2,922
Free Cash Flow Per Share	3.89	4.77	4.33	3.27	5.72	-0.54
Dividend Per Share	-	-	0.690	0.460	0.831	-
Dividend Growth	-	-	49.96%	-44.65%	-	-
Gross Margin	17.39%	16.75%	12.89%	7.54%	16.82%	8.87%
Operating Margin	9.62%	8.93%	5.50%	1.71%	10.78%	1.90%
Profit Margin	7.44%	7.05%	3.69%	1.90%	6.76%	0.12%
Free Cash Flow Margin	11.51%	14.44%	14.42%	13.19%	25.32%	-2.54%
EBITDA	36,014	34,244	27,228	32,912	32,890	21,817
EBITDA Margin	17.31%	16.80%	14.73%	21.84%	23.69%	18.93%
D&A For EBITDA	16,013	16,041	17,071	30,327	17,922	19,633
EBIT	20,001	18,202	10,157	2,585	14,968	2,184
EBIT Margin	9.62%	8.93%	5.50%	1.71%	10.78%	1.90%
Effective Tax Rate	19.59%	19.61%	19.71%	15.61%	19.50%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.