China Southern Airlines Company Ltd.
Why medical device companies’ federal contracts will boost stocks
A group of medical device manufacturers was recently awarded a slew of government contracts for devices, equipment, and supplies.
Comparison of China Eastern’s fuel costs with competitors
Chinese airlines have an advantage of having lower employee costs compared to their counterparts in the US. Operational efficiency of US airlines are comparatively higher.
China Southern Airlines’ Performance in a Competitive Market
China Southern Airlines’ YTD performance is 14.90%. DEF is -7.98%. DEF’s PE ratio is 15.84x. China Southern Airlines is trading at a PE ratio of 5.43x.
Organic Growth Boosts China Southern Airlines’ Performance
China Southern Airlines is a $10.56 billion company. It’s affiliated with China Southern Air Holding Company. It specializes in air transportation services.
An investor’s guide to China Southern Airlines
China Southern Airlines’ network connects 1,024 destinations in 187 countries, including all major cities in Asia, Europe, the United States, Australia, and Africa.
Chinese airline stocks underperform relative to US counterparts
The US airlines’ improved operational efficiency was a driving factor for higher profitability and share price appreciation.
The global airline industry contributes to economic development
With 16,000 unique city pairs, connectivity by air is estimated to have doubled in the past two decades. Moreover, although demand continues to rise, the price of travel has fallen.
An operational summary of China Eastern Airlines
Established on April 14, 1995, based in Shanghai, China Eastern Corporation Limited is one of the three largest air carriers in China.
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Singapore Dollar Ended Negatively against Bolstered Rise in GDP
The Singapore dollar witnessed a volatile session and ended lower against the US dollar on January 4, 2016. There was faster-than-expected growth in the economy.
Yuan Tumbles as China’s Central Bank Hikes Official Midpoint Rate
The Chinese yuan kept depreciating against the US dollar on December 9 as the PBC increased its midpoint reference rate relative to the US dollar by 0.15%.
Don’t Overlook Ctrip’s Transportation Ticketing Segment
Ctrip (CTRP) provides a broad range of online ticketing services, from airline tickets to bus and train tickets.
Chinese Yuan Gets IMF Nod on Special Drawing Rights Inclusion
The Chinese yuan has been included in the elite SDR (special drawing rights) basket of currencies by the IMF. This underscores China’s economic and financial strength globally.
Chinese Yuan Feels Pressure as Trade Numbers Disappoint
The Chinese yuan was trading on a weaker note compared to the US dollar on November 9. Disappointing trade data were released on November 8.
Chinese Yuan Rises Due to the Rate Cut by the PBOC
The Chinese yuan appreciated against the US dollar on October 23 after the People’s Bank of China cut interest rates by 25 basis points to 4.4%.
Lower crude oil, demand growth drives global airline profits
The Middle East region recorded the highest growth in air traffic, and air travel growth was stronger in Europe and Asia Pacific compared to North America.
Impact of currency fluctuation on China Eastern’s profitability
Chinese companies are vulnerable to exchange rate fluctuations, especially against the US dollar, and they have a high amount of debt denominated in US dollars.
China Eastern’s operating margin declines due to rising costs
Rising costs impacted China Eastern’s (CEA) operating margins, which declined from 5% in FY09 to 1.8% in FY13.
Rising competition in Chinese aviation industry may impact yield
China Eastern is taking measures to overcome competition by adjusting air fares and decreasing short-haul routes that overlap with the high-speed train routes.
A snapshot of China Eastern Airlines’ revenue composition
China Eastern has a seat share of 22% in the domestic market and is among the top three state-owned airlines in China.
Rising operating expenses as a percentage of revenue
More than half of China Southern’s total operating expenses in FY13 were related to flight operating expenses.
China Southern one of Chinese aviation industry’s Big 3 players
The global financial crisis in 2008 hit China’s airline industry after it enjoyed double-digit growth in passenger traffic for more than a decade.