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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.
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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 |
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Pilots are being offered payments of up to $637 to fly from Hong Kong to destinations in China amid strict policies aimed at combating the virus.
Cathay Pacific Airways Limited's (CPCAY) Management on Q2 2022 Results - Earnings Call Transcript
Cathay Pacific Airways Limited (OTCPK:CPCAY) Q2 2022 Earnings Conference Call August 10, 2022 2:00 AM ET Company Participants Andy Wong – General Manager-Corporate Affairs Rebecca Sharpe – Chief Financial Officer Ronald Lam – Chief Customer and Commercial Officer Conference Call...
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Hong Kong's Cathay Pacific Airways Ltd posted on Wednesday a first-half loss of HK$5 billion ($637 million), narrowing from the prior year's HK$7.57 billion, as easing quarantine rules boosted passenger numbers.
Cathay Pacific freighters make comeback but cargo volume still lags
With a full freighter schedule in place this month for the first time since the start of COVID-19 and the reintroduction of more passenger service as Hong Kong gradually reduces travel restrictions, Cathay Pacific will be at 65% of its...
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Cathay Pacific Airways, battered by strict quarantine rules that have led to a 98% fall in passenger numbers, is preparing to bring back more planes to rebuild Hong Kong's hub status as restrictions ease, the airline's chief executive said.
Cathay Pacific forecasts narrower loss in first half
Hong Kong's Cathay Pacific Airways Ltd expects to report a lower first-half loss than last year, driven by strong cargo performance and cost-cutting, the airline said on Tuesday, but warned that this year's loss would still be "substantial".
Cathay Pacific cuts cash-burn target by half as Hong Kong eases restrictions
Hong Kong's Cathay Pacific Airways Ltd on Wednesday significantly cut its cash-burn target for the coming few months on expectation that easing travel curbs and quarantine rules for passenger flight crews would boost capacity.
Cathay Pacific slashes loss to $703 mn from $2.76 bn in 2020
Hong Kong carrier Cathay Pacific on Wednesday posted a loss of just over US$703 million for last year, a massive improvement on the record loss suffered in 2020 even as the airline struggled with tough travel restrictions.
Cathay Pacific narrows annual loss on cost cuts, strong cargo demand
Hong Kong's Cathay Pacific Airways Ltd posted on Wednesday an annual loss of HK$5.5 billion ($703.45 million), narrowing from the prior year's HK$21.65 billion, thanks to cost-cutting efforts and strong air cargo demand.
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Source: https://incomestatements.info
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