Air China Profit margin
What is the Profit margin of Air China?
The Profit margin of Air China Ltd. is -0.74%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Industrials sector on OTC 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 profit margin similar to Air China
- AMA has Profit margin of -0.76%
- Pritish Nandy Communications Ltd has Profit margin of -0.76%
- zooplus AG has Profit margin of -0.76%
- Bajaj Hindusthan Sugar has Profit margin of -0.75%
- Chinese has Profit margin of -0.74%
- TrueBlue Inc has Profit margin of -0.74%
- Air China has Profit margin of -0.74%
- Acadia Healthcare Inc has Profit margin of -0.74%
- Super (SGHC) has Profit margin of -0.73%
- Zhengye International has Profit margin of -0.73%
- AKKA Technologies SE has Profit margin of -0.73%
- Chengdu PUTIAN Telecommunications Cable has Profit margin of -0.73%
- Eolus Vind AB (publ) has Profit margin of -0.73%