Air China Ret. on equity
What is the Ret. on equity of Air China?
The Ret. on equity of Air China Limited is -1.06%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Industrials sector on HKSE compared to Air China
What does Air China do?
Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, Europe, North America, Japan, Korea, the Asia Pacific, and internationally. The company operates through Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services. The company is also involved in the import and export trading activities; and provision of cabin, airline catering, air ticketing, human resources, aircraft overhaul and maintenance, and financial services. As of December 31, 2020, it owned and operated 707 aircrafts to 1300 destinations in 195 countries. The company was founded in 1988 and is based in Beijing, the People's Republic of China. Air China Limited is a subsidiary of China National Aviation Holding Corporation Limited.
Companies with ret. on equity similar to Air China
- Era has Ret. on equity of -1.07%
- Adhunik Industries has Ret. on equity of -1.07%
- Allegiant Travel has Ret. on equity of -1.07%
- Haitong Securities Co has Ret. on equity of -1.07%
- ArcelorMittal SA has Ret. on equity of -1.06%
- Hindustan Media Ventures has Ret. on equity of -1.06%
- Air China has Ret. on equity of -1.06%
- New Provenance Everlasting has Ret. on equity of -1.06%
- Modiv has Ret. on equity of -1.06%
- GFL has Ret. on equity of -1.06%
- White Gold has Ret. on equity of -1.06%
- Maven Income and Growth VCT 5 PLC has Ret. on equity of -1.05%
- Wah Wo Hldg Grp Ltd has Ret. on equity of -1.05%