See more : Albert David Limited (ALBERTDAVD.NS) Income Statement Analysis – Financial Results
Complete financial analysis of Cathay Pacific Airways Limited (CPCAY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cathay Pacific Airways Limited, a leading company in the Airlines, Airports & Air Services industry within the Industrials sector.
You may be interested
- AI TRANSPORTATION ACQUISITION CORP Right (AITRR) Income Statement Analysis – Financial Results
- Vikram Thermo (India) Limited (VIKRAMTH.BO) Income Statement Analysis – Financial Results
- Sangoma Technologies Corporation (STC.V) Income Statement Analysis – Financial Results
- Global Atomic Corporation (GLO.TO) Income Statement Analysis – Financial Results
- Hawesko Holding AG (HAW.DE) Income Statement Analysis – Financial Results
Cathay Pacific Airways Limited (CPCAY)
Industry: Airlines, Airports & Air Services
Sector: Industrials
Website: https://www.cathaypacific.com
About Cathay Pacific Airways Limited
Cathay Pacific Airways Limited, together with its subsidiaries, operates as a carrier of international passengers and air cargo. The company conducts airline operations principally to and from Hong Kong. It also provides property investment, travel reward program, travel tour operator, financial, aircraft leasing and acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, aircraft engineering, cargo carriage, airport ground engineering support and equipment maintenance, and inventory technical management services. In addition, the company operates a computer network for interchange of air cargo related information; and offers repair and maintenance services for transportation companies. It operates in the Americas, Europe, Southeast Asia, Southwest Pacific, North Asia, South Asia, the Middle East, and Africa. As of December 31, 2021, it operated 234 aircraft directly connecting Hong Kong to 119 destinations in 35 countries worldwide, including 26 destinations in China. Cathay Pacific Airways Limited was founded in 1946 and is headquartered in Lantau Island, Hong Kong.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 94.49B | 51.04B | 45.59B | 46.93B | 106.97B | 111.06B | 97.28B | 92.75B | 102.34B | 105.99B | 100.48B | 99.38B | 98.41B | 89.52B | 66.98B | 86.58B | 75.36B | 60.78B | 50.91B | 39.07B | 29.58B | 33.09B | 30.44B | 34.52B | 28.70B | 26.70B |
| Cost of Revenue | 73.79B | 42.98B | 42.42B | 55.51B | 97.87B | 101.85B | 95.54B | 89.31B | 92.04B | 96.64B | 91.83B | 92.67B | 51.14B | 38.66B | 26.83B | 58.30B | 34.36B | 27.89B | 22.15B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 20.70B | 8.06B | 3.17B | -8.57B | 9.10B | 9.21B | 1.74B | 3.45B | 10.30B | 9.35B | 8.65B | 6.71B | 47.27B | 50.87B | 40.15B | 28.28B | 41.00B | 32.89B | 28.76B | 39.07B | 29.58B | 33.09B | 30.44B | 34.52B | 28.70B | 26.70B |
| Gross Profit Ratio | 21.91% | 15.79% | 6.96% | -18.26% | 8.51% | 8.29% | 1.79% | 3.71% | 10.06% | 8.82% | 8.61% | 6.75% | 48.03% | 56.82% | 59.94% | 32.67% | 54.41% | 54.11% | 56.49% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 23.47B | 22.09B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 146.00M | 927.00M | 862.00M | 681.00M | 700.00M | 798.00M | 799.00M | 775.00M | 777.00M | 791.00M | 736.00M | 571.00M | 851.00M | 860.00M | 668.00M | 555.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 0.00 | 4.18B | 3.90B | 146.00M | 927.00M | 862.00M | 681.00M | 700.00M | 798.00M | 799.00M | 775.00M | 777.00M | 791.00M | 736.00M | 571.00M | 851.00M | 860.00M | 668.00M | 555.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 5.58B | 4.51B | 3.62B | 2.99B | 4.85B | 4.75B | 3.34B | 3.27B | 2.84B | 4.12B | 4.12B | 4.14B | 37.28B | 34.55B | 32.16B | 8.27B | 7.37B | 24.16B | -175.00M | -227.00M | -469.00M | -419.00M | 69.00M | -88.00M | 25.88B | -1.01B |
| Operating Expenses | 5.58B | 4.51B | 3.62B | 3.13B | 5.77B | 5.61B | 4.02B | 3.97B | 3.64B | 4.92B | 4.89B | 4.92B | 38.07B | 35.28B | 32.73B | 32.59B | 30.32B | 24.83B | 46.77B | 33.82B | 27.35B | 28.34B | 29.60B | 29.23B | 25.88B | 26.30B |
| Cost & Expenses | 79.36B | 47.49B | 46.04B | 58.64B | 103.65B | 107.47B | 99.56B | 93.28B | 95.68B | 101.56B | 96.72B | 97.59B | 89.21B | 73.94B | 59.56B | 90.89B | 64.68B | 52.72B | 46.77B | 33.82B | 27.35B | 28.34B | 29.60B | 29.23B | 25.88B | 26.30B |
| Interest Income | 571.00M | 165.00M | 75.00M | 149.00M | 337.00M | 343.00M | 259.00M | 240.00M | 187.00M | 269.00M | 301.00M | 509.00M | 982.00M | 677.00M | 588.00M | 1.42B | 1.66B | 1.35B | 1.16B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 3.96B | 3.03B | 2.49B | 2.70B | 3.28B | 2.31B | 1.74B | 1.25B | 1.04B | 1.13B | 1.08B | 1.08B | 1.73B | 1.66B | 1.44B | 2.43B | 2.45B | 1.82B | 1.61B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 12.32B | 12.43B | 12.83B | 14.60B | 15.01B | 9.80B | 9.35B | 8.55B | 8.86B | 8.34B | 7.35B | 6.74B | 6.17B | 6.35B | 5.68B | 5.20B | 4.84B | 4.30B | 4.01B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 27.14B | 9.10B | 6.39B | -5.20B | 19.64B | 15.35B | 10.51B | 10.02B | 17.36B | 13.52B | 12.01B | 9.30B | 13.54B | 26.75B | 15.66B | 894.00M | 17.83B | 13.02B | 11.26B | 5.25B | 2.23B | 4.75B | 832.00M | 5.29B | 2.82B | -657.00M |
| EBITDA Ratio | 28.73% | 18.07% | 22.87% | 3.53% | 18.26% | 13.96% | 10.24% | 11.12% | 17.27% | 13.03% | 12.19% | 9.74% | 21.64% | 31.55% | 27.77% | 5.37% | 27.56% | 26.10% | 8.14% | 13.43% | 7.52% | 14.35% | 2.73% | 15.32% | 9.83% | 1.49% |
| Operating Income | 15.13B | -2.97B | -2.36B | -12.77B | 5.31B | 3.60B | -1.45B | -525.00M | 6.66B | -4.44B | -3.76B | 1.79B | 5.50B | 11.05B | 5.73B | -7.93B | 7.74B | 5.22B | 4.14B | 5.25B | 2.23B | 4.75B | 832.00M | 5.29B | 2.82B | 397.00M |
| Operating Income Ratio | 16.01% | -5.81% | -5.18% | -27.20% | 4.96% | 3.24% | -1.49% | -0.57% | 6.51% | -4.18% | -3.74% | 1.80% | 5.59% | 12.35% | 8.56% | -9.16% | 10.27% | 8.58% | 8.14% | 13.43% | 7.52% | 14.35% | 2.73% | 15.32% | 9.83% | 1.49% |
| Total Other Income/Expenses | -4.27B | -9.59B | -4.61B | -4.18B | -3.16B | -352.00M | 869.00M | 748.00M | 801.00M | -386.00M | -181.00M | -243.00M | 973.00M | 4.64B | -586.00M | -1.88B | 270.00M | -164.00M | -175.00M | -227.00M | -469.00M | -419.00M | 69.00M | -88.00M | -328.00M | 46.00M |
| Income Before Tax | 10.86B | -6.04B | -6.06B | -22.32B | 2.15B | 3.24B | -580.00M | 223.00M | 7.47B | 4.05B | 3.58B | 1.55B | 6.47B | 15.70B | 5.15B | -9.67B | 8.01B | 5.05B | 3.97B | 5.02B | 1.76B | 4.33B | 901.00M | 5.20B | 2.49B | -611.00M |
| Income Before Tax Ratio | 11.49% | -11.83% | -13.29% | -47.56% | 2.01% | 2.92% | -0.60% | 0.24% | 7.29% | 3.82% | 3.56% | 1.55% | 6.58% | 17.53% | 7.68% | -11.17% | 10.63% | 8.31% | 7.79% | 12.85% | 5.94% | 13.09% | 2.96% | 15.07% | 8.69% | -2.29% |
| Income Tax Expense | 1.07B | 507.00M | -531.00M | -674.00M | 454.00M | 466.00M | 308.00M | 497.00M | 1.16B | 599.00M | 675.00M | 417.00M | 803.00M | 1.46B | 283.00M | -1.34B | 799.00M | 782.00M | 500.00M | 504.00M | 409.00M | 328.00M | 202.00M | 110.00M | 219.00M | -104.00M |
| Net Income | 9.79B | -6.55B | -5.53B | -21.65B | 1.69B | 2.35B | -1.26B | -575.00M | 6.00B | 3.15B | 2.62B | 862.00M | 5.50B | 14.05B | 4.86B | -8.56B | 7.02B | 4.09B | 3.13B | 4.42B | 1.30B | 3.98B | 657.00M | 5.01B | 2.18B | -542.00M |
| Net Income Ratio | 10.36% | -12.83% | -12.12% | -46.12% | 1.58% | 2.11% | -1.29% | -0.62% | 5.86% | 2.97% | 2.61% | 0.87% | 5.59% | 15.69% | 7.26% | -9.88% | 9.32% | 6.73% | 6.14% | 11.31% | 4.41% | 12.04% | 2.16% | 14.50% | 7.60% | -2.03% |
| EPS | 1.17 | -1.02 | -0.86 | -4.20 | 0.37 | 2.60 | -1.39 | -0.64 | 6.64 | 3.49 | 2.90 | 0.95 | 6.09 | 15.55 | 5.20 | -9.48 | 7.77 | 5.05 | 4.26 | 5.72 | 1.70 | 5.20 | 0.86 | 6.46 | 2.80 | -0.70 |
| EPS Diluted | 1.23 | -1.02 | -0.86 | -4.20 | 0.37 | 2.60 | -1.39 | -0.64 | 6.64 | 3.49 | 2.90 | 0.95 | 6.09 | 15.55 | 5.20 | -9.47 | 7.76 | 5.04 | 4.24 | 5.69 | 1.70 | 5.17 | 0.85 | 6.40 | 2.79 | -0.70 |
| Weighted Avg Shares Out | 7.78B | 6.44B | 6.44B | 5.16B | 4.52B | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 904.13M | 809.54M | 775.33M | 771.77M | 767.07M | 765.24M | 765.69M | 774.33M | 777.19M | 777.74M |
| Weighted Avg Shares Out (Dil) | 7.40B | 6.44B | 6.44B | 5.16B | 4.52B | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.21M | 903.44M | 905.05M | 811.15M | 777.40M | 775.90M | 767.07M | 770.40M | 769.60M | 781.71M | 782.05M | 777.74M |
Cathay Pacific expects up to $576 million first-half profit as demand jumps
Hong Kong's Cathay Pacific Airways said on Friday it expects to record a profit of up to HK$4.5 billion ($576 million) in the first half of the year as travel demand skyrockets after border reopenings.
Cathay Pacific to hire cabin attendants from mainland China from July
Cathay Pacific Airways Ltd said on Monday it would in July launch initiatives to improve Mandarin language and cultural understanding, including hiring cabin staff from mainland China, after three crew were fired over discrimination.
Cathay Pacific to order Boeing 777-8F freighter -sources
Cathay Pacific is close to placing an order for Boeing 777-8F freighters as the Hong Kong carrier embarks on the partial renewal of a fleet of 747 cargo jets, industry sources said on Monday.
Cathay needs to boost staff morale, union says, after "blanket-carpet" furore
Cathay Pacific needs to address staff and resource shortages and raise pay to boost morale, its flight attendant union said, after three staff were fired for allegedly mocking passengers who could not speak English.
Cathay Pacific fires cabin crew over alleged discrimination of passenger on flight from China
Cathay Pacific Airways said Tuesday it had fired three cabin crew members after a passenger complained of discrimination on a flight from mainland China, an incident that angered Hong Kong officials and underscored the pressure on the city's flag carrier...
Air Tickets to Hong Kong Available to Travelers on May 17
HONG KONG & LOS ANGELES--(BUSINESS WIRE)--Hong Kong is ready to welcome global visitors with its recent "Hello Hong Kong" promotional campaign, launched in February. This initiative represents the city's enthusiastic outreach to international tourists. To entice travelers, Airport Authority Hong...
Cathay Pacific Cargo unleashed
Cathay Pacific Airways is moving rapidly to reclaim its position among the top cargo carriers after being shackled for three years by ultra-restrictive COVID health policies in Hong Kong and China. Rebuilding the passenger network after China dropped efforts to...
Hong Kong's Cathay Pacific posts first operating profit since 2019
Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as it fights to return to pre-pandemic flight capacity.
Cathay Pacific posts wider $834 mln loss in 2022, upbeat on outlook
Hong Kong's Cathay Pacific Airways Ltd reported on Wednesday a loss of HK$6.55 billion ($834.42 million) for 2022, wider than the previous year's HK$5.53 billion loss, but was positive about the outlook, now that quarantining is no longer required.
Cathay Pacific: A Stronger Turnaround Potential In Asia
Cathay Pacific had recovered only 4% of capacity by H1 2022. We expect profitability in H2 2022 on 33% capacity recovered.
Source: https://incomestatements.info
Category: Stock Reports