Air China (753) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 2025 was RMB 40.02 billion, nearly flat year-over-year, with a net loss attributable to shareholders of RMB 2.04 billion, widening 22% from the prior year.

• Net cash flows from operating activities decreased 11% year-over-year to RMB 8.34 billion.

• Total assets at quarter-end were RMB 345.16 billion, down 0.18% from year-end 2024.

Financial highlights

• Revenue: RMB 40.02 billion, down 0.11% compared to Q1 2024.

• Net loss attributable to shareholders: RMB 2.04 billion, compared to RMB 1.67 billion loss in Q1 2024.

• Basic and diluted EPS: -0.12 RMB, down from -0.11 RMB in Q1 2024.

• Net cash flows from operating activities: RMB 8.34 billion, down from RMB 9.41 billion year-over-year.

• Owners' equity attributable to shareholders: RMB 43.02 billion, down 4.71% from year-end.

Key financial ratios and metrics

• Weighted average return on net assets: -4.64%, down 0.17 percentage points year-over-year.

• Total liabilities: RMB 306.83 billion, up from RMB 304.82 billion at year-end.

• Gross margin and EBITDA not explicitly disclosed.