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Ping An Securities issued a research report on August 31, maintaining a Air China Limited(601111) neutral rating. Ping An Securities predicts that the net profit attributable to the parent company in Air China Limited(601111) 2021 will be -8.229 billion yuan, a year-on-year increase of 42.89%.
Main financial indicators and valuation
2021E
2022E
2023E
Total operating revenue (100 million yuan) 88.4811223 billion yuan one hundred and ninety-one thousand four hundred and eighty-six point one seven
Net profit attributable to parent company (RMB 100 million) -8229.7 million nine hundred and fifty-two point eight one
Earnings per share (yuan) -0.570 fifty point three six
Net assets per share (yuan) 4.774 eight hundred and twenty-five point one six
Price earnings ratio (PE) -12.7146 nine hundred and nineteen point seven
Price to book ratio (PB) 1.51 fifty-one point four
Return on net assets (%) – 11.917
Note: the data is obtained from the text of the research report.
Air China Limited(601111) in the past month, it has attracted the attention of 5 research reports of securities companies, with an average target price of 9.79 yuan. The detailed data of the research report are shown in the table below:
Research report date
Organization abbreviation
Target price
This rating
details
On August 31, 2021, Ping An Securities – neutral’s performance in the second quarter improved significantly, and it was difficult to turn around losses during the year
On August 30, 2021 China Industrial Securities Co.Ltd(601377) – the business volume of prudent overweight recovered, and the loss decreased significantly year-on-year in the second quarter
2021-08-29 Huatai Securities Co.Ltd(601688) 10.68 2q buying losses narrowed significantly, waiting for the Chinese epidemic to subside
August 29, 2021 Huachuang securities 8.9 recommended comments on the 2021 interim report: benefiting from the appreciation of RMB and the recovery of the Chinese market, the company took many measures to improve its operation efficiency, resulting in a loss of only 580 million in Q2
2021-08-29 China International Capital Corporation Limited(601995) 9.8 outperformed the industry, 2q21 performance slightly exceeded expectations, and the investment loss narrowed significantly year-on-year
Disclaimer: This article is based on big data production and is for reference only. It does not constitute any investment suggestions. Therefore, the operator shall bear the operational risk.