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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 |
Cathay Pacific lowers Q4 capacity forecast as travel restrictions linger
Hong Kong's Cathay Pacific Airways Ltd said on Monday it had lowered its passenger capacity forecast for the remainder of the year to 13% of pre-COVID levels, down from an earlier 30% target for the fourth quarter as travel restrictions...
Cathay Pacific to close London pilot base, review U.S. bases
Hong Kong's Cathay Pacific Airways Ltd will close its London pilot base and review the last remaining overseas pilot bases in the United States, the airline said on Thursday, as it grapples with the impact of coronavirus.
Hong Kong carrier Cathay Pacific posts $972 mn first-half loss
Struggling Hong Kong carrier Cathay Pacific on Wednesday reported a $972 million net loss in the first six months of 2021 as the pandemic continues to hammer demand for travel.
Cathay Pacific posts narrower H1 loss as costs fall
Hong Kong's Cathay Pacific Airways Ltd on Wednesday posted a HK$7.57 billion ($972.7 million) first-half loss, narrower than the prior year's HK$9.87 billion, due to cost-cutting measures and strong air cargo demand.
Cathay Pacific launches lifestyle brand as travel revenue dries up
Hong Kong's Cathay Pacific Airways said on Monday it had launched a lifestyle brand to provide offers in hospitality and shopping as the airline seeks to tap new revenue streams amid a collapse in travel demand.
Cathay Pacific forecasts reduced monthly cash burn in second half
Hong Kong's Cathay Pacific Airways Ltd expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said.
Cathay Pacific to require COVID-19 vaccinations for HK airline crew by Aug. 31
Cathay Pacific Airways Ltd said on Thursday that all Hong Kong-based pilots and flight attendants would need to be vaccinated against COVID-19 by Aug. 31 or risk losing their jobs, in one of the airline industry's toughest policies.
Cathay Pacific expects lower first-half loss on cost savings, cargo flights
Cathay Pacific Airways Ltd said on Friday that losses in the first half are expected to be "somewhat" lower than what was reported in both halves of last year, due to cost-saving measures and strong cargo performance.
Cathay grants pilot visa extensions
Cathay Pacific Airways on Thursday said that non-local pilots based in Hong Kong had been granted work permit extensions, two weeks after it launched a recruitment drive for local pilots and closed bases in Australia and New Zealand.
Cathay Pacific given extension to draw down $1 billion government loan
Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to extend the drawdown period for a HK$7.8 billion ($1.01 billion) loan facility by a year to June 2022, giving it more flexibility to manage liquidity.
Source: https://incomestatements.info
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