Dashboard Tools Market News Investing Ideas Pricing About Us
Sign Up
Log in
China Airlines Ltd banner

China Airlines Ltd
TWSE:2610

Watchlist Manager
China Airlines Ltd Logo
China Airlines Ltd
TWSE:2610
Watchlist
Price: 22.7 TWD -1.09%
Market Cap: NT$138.1B
Write Note Create Alert Ask AI
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
-
5Y
-
10Y
-
Investing Cash Flow
+
3Y
-97%
5Y
-58%
10Y
-125%
Financing Cash Flow
+
3Y
-
5Y
-78%
10Y
-

Cash Flow Statement
China Airlines Ltd

Rotate your device to view
Cash Flow Statement
Currency: TWD
Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
(1 776)
(1 846)
1 779
2 018
3 911
4 766
4 183
(2 914)
(6 446)
(12 296)
(32 261)
(32 331)
(28 205)
(24 922)
(3 754)
1 862
5 060
11 500
10 847
7 872
3 860
940
(1 766)
(2 930)
(2 982)
(2 283)
243
285
536
12 890
(361)
(1 823)
(2 162)
(14 678)
362
5 190
6 996
8 203
7 135
6 685
5 226
3 552
1 880
(3 503)
(1 646)
1 002
3 524
7 302
5 824
3 812
3 081
2 863
2 315
1 327
(97)
(3 946)
(1 624)
(3 189)
(654)
1 821
(869)
3 176
11 127
16 011
16 989
13 698
2 661
837
4 619
7 897
9 305
11 828
12 211
14 280
1 545
2 243
1 092
Depreciation & Amortization
1 845
(9)
6 833
6 919
7 142
7 607
8 053
2 731
5 475
8 197
10 840
10 730
10 606
10 501
10 495
10 514
10 564
10 596
10 668
10 758
10 831
10 895
11 106
12 599
14 099
15 630
11 724
17 055
17 157
4 945
17 296
17 323
17 340
29 705
17 516
17 633
17 669
17 528
17 332
17 174
17 146
17 323
17 693
18 104
18 315
18 501
18 599
18 737
18 946
19 219
19 517
22 933
26 479
29 727
32 800
32 761
32 335
32 119
31 374
31 092
30 800
30 017
29 950
29 421
29 286
29 808
30 327
30 748
31 137
31 136
30 657
30 085
29 624
29 492
(28)
(97)
(223)
Change in Deffered Taxes
(735)
(809)
(1 055)
(980)
(317)
(425)
(252)
(246)
(662)
(474)
(4 227)
(4 862)
(3 425)
(3 616)
(120)
905
225
477
995
756
376
283
(458)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
29
0
0
0
0
0
0
Other Non-Cash Items
(987)
(1 159)
(1 075)
(1 252)
(1 127)
(1 367)
(1 373)
(83)
(706)
3 403
21 685
18 624
10 968
4 940
(17 575)
(16 485)
(9 235)
(7 707)
(2 188)
(718)
(2 100)
78
(2 976)
(4 069)
(177)
(1 094)
2 172
3 018
2 380
1 965
550
1 137
896
1 348
3 402
3 419
3 250
1 674
4 215
4 855
4 802
6 360
4 520
6 865
8 278
8 491
8 129
5 542
5 434
5 599
5 320
6 160
6 644
7 420
7 759
8 060
8 361
8 178
8 619
8 227
9 101
9 963
11 009
11 068
10 677
10 416
9 599
8 873
8 722
8 722
11 141
11 040
10 266
9 233
1 232
(35)
205
Cash Taxes Paid
12
4
49
48
428
445
453
22
166
307
398
387
312
241
201
203
209
201
162
159
234
232
239
239
137
132
172
0
0
102
145
150
163
119
106
118
214
276
239
238
214
195
187
186
178
162
177
186
185
199
185
197
351
379
336
319
215
171
179
183
224
244
284
280
3 144
4 657
4 623
4 666
2 182
1 674
1 744
1 727
1 440
1 107
18
1 839
2 588
Cash Interest Paid
469
(517)
2 525
2 565
2 687
2 564
2 702
1 238
2 111
3 370
4 286
4 017
3 962
3 567
4 200
3 863
3 770
3 498
2 678
2 522
2 492
2 293
2 276
2 309
2 477
2 661
2 144
2 416
2 167
1 972
1 977
2 123
1 904
2 061
2 061
2 062
2 218
2 087
1 797
1 619
1 352
1 178
1 195
1 184
1 233
1 296
1 320
1 288
1 311
1 343
1 320
1 834
2 303
2 722
3 125
3 109
3 120
3 119
3 209
2 928
2 716
2 439
2 390
2 333
2 342
2 518
2 680
2 810
2 827
2 775
2 929
2 883
2 840
2 995
140
287
295
Change in Working Capital
(4 066)
(3 385)
(638)
887
3 506
648
533
(1 203)
1 153
(240)
2 472
325
(2 915)
(1 463)
(2 444)
137
2 552
2 850
2 564
1 087
(346)
(518)
(567)
(936)
2 256
2 877
(1 140)
776
2 902
916
4 001
5 153
1 656
(838)
(4 372)
(3 537)
(4 119)
3 462
3 109
(1 387)
(2 102)
(8 638)
(6 457)
(3 589)
(3 365)
(252)
(1 705)
(3 770)
(2 173)
(2 986)
(891)
1 077
149
(210)
(2 935)
(14 792)
(25 828)
(27 548)
(29 616)
(16 879)
(9 160)
(8 079)
(2 200)
(5 266)
(6 182)
(5 088)
4 262
11 360
19 826
16 863
4 742
(1 285)
(6 075)
(5 130)
(5 788)
(9 130)
(8 439)
Cash from Operating Activities
(5 719)
N/A
(7 208)
-26%
5 845
N/A
7 592
+30%
13 116
+73%
11 230
-14%
11 145
-1%
(1 715)
N/A
(1 184)
+31%
(1 410)
-19%
(1 490)
-6%
(7 513)
-404%
(12 972)
-73%
(14 560)
-12%
(13 399)
+8%
(3 068)
+77%
9 165
N/A
17 716
+93%
22 887
+29%
19 755
-14%
12 622
-36%
11 678
-7%
5 338
-54%
4 302
-19%
12 872
+199%
14 649
+14%
12 999
-11%
21 132
+63%
22 974
+9%
20 718
-10%
21 486
+4%
21 791
+1%
17 730
-19%
15 536
-12%
16 909
+9%
22 707
+34%
23 796
+5%
30 868
+30%
31 791
+3%
27 327
-14%
25 073
-8%
18 597
-26%
17 636
-5%
17 875
+1%
21 582
+21%
27 742
+29%
28 547
+3%
27 812
-3%
28 032
+1%
25 645
-9%
27 027
+5%
33 033
+22%
35 586
+8%
38 264
+8%
37 527
-2%
22 083
-41%
13 243
-40%
9 560
-28%
9 723
+2%
24 261
+150%
29 871
+23%
35 077
+17%
49 885
+42%
51 234
+3%
50 769
-1%
48 835
-4%
46 849
-4%
51 819
+11%
64 304
+24%
64 618
+0%
55 846
-14%
51 669
-7%
46 026
-11%
47 876
+4%
(3 039)
N/A
(7 020)
-131%
(7 365)
-5%
Investing Cash Flow
Capital Expenditures
(696)
(7 424)
(27 761)
(37 548)
(51 577)
(45 242)
(50 314)
(4 584)
(5 115)
(5 674)
(7 414)
(3 615)
(4 173)
(5 277)
(4 821)
(4 745)
(4 911)
(4 481)
(7 375)
(7 193)
(7 136)
(9 422)
(6 755)
(7 259)
(7 314)
(4 599)
(7 445)
(5 132)
(5 887)
(6 141)
(5 966)
(6 237)
(5 935)
(7 499)
(9 920)
(9 079)
(8 483)
(8 285)
(20 184)
(8 328)
(9 178)
(9 044)
(27 662)
(1 841)
(3 043)
(2 840)
(27 291)
(2 468)
(3)
47
(19 600)
(5 413)
(9 249)
(17 420)
(18 975)
(19 011)
(15 308)
(6 877)
(12 645)
(17 128)
(20 037)
(21 299)
(14 727)
(14 713)
(16 163)
(18 289)
(26 962)
(24 001)
(26 583)
(31 194)
(29 185)
(29 468)
(29 530)
(25 988)
(2 472)
(13 750)
(18 127)
Other Items
(12 880)
(521)
(4 692)
369
17 126
15 035
15 555
(110)
2 336
2 856
10 113
9 934
6 486
6 251
(1 102)
(1 644)
(227)
(464)
1 072
2 098
2 351
3 065
1 493
1 740
63
(4 336)
524
(4 871)
(6 897)
(5 752)
(6 416)
(8 200)
(10 733)
(11 200)
(12 423)
(15 254)
(7 882)
(6 359)
9 743
956
(232)
(3 394)
6 640
(21 530)
(24 377)
(25 012)
1 499
(24 805)
(26 155)
(22 136)
(680)
(8 392)
(5 161)
(2 638)
2 922
647
768
(14 046)
(12 403)
(3 207)
(194)
11 462
(1 938)
(5 758)
(3 564)
1 495
6 781
(2 063)
(7 972)
(3 550)
(1 475)
1 333
9 106
10 557
351
(6 488)
(14 883)
Cash from Investing Activities
(13 576)
N/A
(7 946)
+41%
(32 453)
-308%
(37 179)
-15%
(34 452)
+7%
(30 208)
+12%
(34 759)
-15%
(4 694)
+86%
(2 779)
+41%
(2 818)
-1%
2 700
N/A
6 320
+134%
2 314
-63%
975
-58%
(5 923)
N/A
(6 389)
-8%
(5 138)
+20%
(4 945)
+4%
(6 303)
-27%
(5 095)
+19%
(4 785)
+6%
(6 357)
-33%
(5 262)
+17%
(5 518)
-5%
(7 251)
-31%
(8 935)
-23%
(6 921)
+23%
(10 005)
-45%
(12 785)
-28%
(11 893)
+7%
(12 382)
-4%
(14 436)
-17%
(16 667)
-15%
(18 698)
-12%
(22 343)
-19%
(24 334)
-9%
(16 365)
+33%
(14 644)
+11%
(10 442)
+29%
(7 372)
+29%
(9 410)
-28%
(12 440)
-32%
(21 022)
-69%
(23 372)
-11%
(27 421)
-17%
(27 852)
-2%
(25 792)
+7%
(27 272)
-6%
(26 158)
+4%
(22 088)
+16%
(20 280)
+8%
(13 805)
+32%
(14 410)
-4%
(20 058)
-39%
(16 053)
+20%
(18 364)
-14%
(14 540)
+21%
(20 923)
-44%
(25 048)
-20%
(20 335)
+19%
(20 232)
+1%
(9 837)
+51%
(16 665)
-69%
(20 470)
-23%
(19 727)
+4%
(16 794)
+15%
(20 181)
-20%
(26 064)
-29%
(34 556)
-33%
(34 744)
-1%
(30 660)
+12%
(28 135)
+8%
(20 424)
+27%
(15 431)
+24%
(2 121)
+86%
(20 238)
-854%
(33 010)
-63%
Financing Cash Flow
Net Issuance of Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
12 280
12 280
0
0
0
0
0
0
0
0
6 667
6 667
6 667
6 667
0
0
0
0
0
200
200
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(469)
0
0
0
0
7
7
7
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Issuance of Debt
16 631
14 186
31 409
32 271
22 100
22 541
22 541
3 130
1 915
1 226
(332)
3 199
9 736
8 780
5 584
352
(8 024)
(10 073)
(10 083)
(11 652)
(9 887)
(7 973)
315
1 160
(8 301)
(10 825)
(12 580)
(14 818)
(6 275)
(3 695)
(998)
(362)
2 267
4 134
6 677
3 024
(1 740)
(8 649)
(17 829)
(17 318)
(14 963)
(5 218)
6 900
8 991
14 093
3 957
(4 617)
(2 813)
(7 861)
(4 985)
(2 610)
(16 001)
(20 475)
(15 705)
(20 999)
9 530
9 198
10 062
14 066
(19 628)
(16 305)
(18 906)
(18 485)
(18 450)
(24 606)
(27 816)
(31 552)
(24 758)
(24 068)
(28 617)
(27 263)
(24 041)
(18 520)
(11 561)
(1 818)
18
2 875
Cash Paid for Dividends
0
0
0
0
0
(285)
(285)
0
(247)
(257)
(257)
0
(119)
(178)
(178)
(181)
(152)
(30)
(118)
(120)
(166)
(2 084)
(1 851)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2 509)
(2 509)
0
0
0
0
0
0
0
(1 193)
0
0
0
(1 136)
0
0
0
0
0
(115)
0
0
0
(203)
(203)
0
0
(254)
(254)
(3 025)
0
(2 774)
(7 093)
0
(4 320)
(5 031)
Other
(27)
5
9
8
3
3
(165)
0
40
(156)
(214)
(210)
(216)
(11)
105
80
57
92
48
78
70
(142)
(281)
(350)
(430)
(310)
(265)
(80)
(64)
(43)
(67)
(90)
(159)
(137)
(142)
(139)
(173)
(153)
(157)
(149)
(179)
(186)
(183)
(222)
(53)
(56)
(52)
3
(109)
(113)
(115)
(139)
(410)
3 370
4 520
4 482
4 490
730
(204)
(165)
1 920
3 437
3 217
3 221
1 606
(4 935)
(5 134)
(5 218)
(5 084)
(2 440)
474
664
457
2 803
(77)
(56)
(69)
Cash from Financing Activities
16 605
N/A
14 554
-12%
31 418
+116%
32 279
+3%
22 102
-32%
22 260
+1%
22 091
-1%
3 130
-86%
1 708
-45%
814
-52%
(803)
N/A
2 732
N/A
9 401
+244%
20 871
+122%
17 792
-15%
12 532
-30%
4 162
-67%
(10 011)
N/A
(10 153)
-1%
(11 694)
-15%
(9 983)
+15%
(10 200)
-2%
(1 818)
+82%
5 631
N/A
(3 785)
N/A
(4 323)
-14%
(6 178)
-43%
(14 899)
-141%
(6 339)
+57%
(3 738)
+41%
(1 065)
+72%
(451)
+58%
2 308
N/A
4 197
+82%
6 736
+60%
3 085
-54%
(1 911)
N/A
(8 801)
-361%
(17 986)
-104%
(17 467)
+3%
(15 143)
+13%
(7 912)
+48%
4 208
N/A
6 260
+49%
11 531
+84%
3 901
-66%
(4 669)
N/A
(2 810)
+40%
(7 971)
-184%
(6 551)
+18%
(4 387)
+33%
(17 803)
-306%
(22 546)
-27%
(12 545)
+44%
(17 615)
-40%
12 883
N/A
12 558
-3%
9 664
-23%
13 869
+44%
(19 793)
N/A
(14 500)
+27%
(15 469)
-7%
(15 267)
+1%
(15 228)
+0%
(23 088)
-52%
(32 954)
-43%
(36 685)
-11%
(29 976)
+18%
(29 204)
+3%
(31 108)
-7%
(29 813)
+4%
(26 403)
+11%
(20 836)
+21%
(15 850)
+24%
(1 895)
+88%
(36)
+98%
2 097
N/A
Change in Cash
Effect of Foreign Exchange Rates
54
(35)
101
20
50
94
(154)
94
(42)
89
410
285
336
242
(112)
(122)
(22)
(29)
(27)
59
34
81
97
(27)
59
(108)
(38)
190
79
22
138
(293)
(172)
168
159
83
225
150
(340)
(495)
(344)
(535)
(47)
273
39
(135)
233
339
270
374
(8)
76
(145)
(57)
(337)
(354)
(393)
(493)
122
292
276
484
191
375
654
1 642
(272)
(166)
19
(741)
39
339
(58)
(1 029)
(758)
(3 114)
(1 071)
Net Change in Cash
(2 636)
N/A
(635)
+76%
4 911
N/A
2 712
-45%
816
-70%
3 376
+314%
(1 677)
N/A
(3 185)
-90%
(2 297)
+28%
(3 325)
-45%
817
N/A
1 824
+123%
(921)
N/A
7 528
N/A
(1 642)
N/A
2 953
N/A
8 167
+177%
2 731
-67%
6 404
+134%
3 025
-53%
(2 112)
N/A
(4 798)
-127%
(1 645)
+66%
4 388
N/A
1 895
-57%
1 283
-32%
(138)
N/A
(3 582)
-2 496%
3 929
N/A
5 109
+30%
8 177
+60%
6 611
-19%
3 199
-52%
1 203
-62%
1 461
+21%
1 541
+6%
5 745
+273%
7 573
+32%
3 023
-60%
1 993
-34%
176
-91%
(2 290)
N/A
776
N/A
1 036
+33%
5 731
+453%
3 656
-36%
(1 682)
N/A
(1 931)
-15%
(5 827)
-202%
(2 620)
+55%
2 352
N/A
1 501
-36%
(1 514)
N/A
5 603
N/A
3 522
-37%
16 249
+361%
10 869
-33%
(2 192)
N/A
(1 334)
+39%
(15 575)
-1 068%
(4 585)
+71%
10 255
N/A
18 144
+77%
15 911
-12%
8 608
-46%
729
-92%
(10 289)
N/A
(4 388)
+57%
564
N/A
(1 975)
N/A
(4 589)
-132%
(2 530)
+45%
4 709
N/A
15 566
+231%
(7 813)
N/A
(30 409)
-289%
(39 348)
-29%
Free Cash Flow
Free Cash Flow
(6 415)
N/A
(14 632)
-128%
(21 916)
-50%
(29 956)
-37%
(38 461)
-28%
(34 012)
+12%
(39 169)
-15%
(6 299)
+84%
(6 299)
N/A
(7 084)
-12%
(8 904)
-26%
(11 128)
-25%
(17 145)
-54%
(19 837)
-16%
(18 220)
+8%
(7 813)
+57%
4 254
N/A
13 235
+211%
15 512
+17%
12 562
-19%
5 486
-56%
2 256
-59%
(1 417)
N/A
(2 957)
-109%
5 558
N/A
10 050
+81%
5 554
-45%
16 000
+188%
17 087
+7%
14 577
-15%
15 520
+6%
15 554
+0%
11 795
-24%
8 037
-32%
6 988
-13%
13 628
+95%
15 313
+12%
22 583
+47%
11 607
-49%
18 999
+64%
15 895
-16%
9 553
-40%
(10 025)
N/A
16 034
N/A
18 539
+16%
24 902
+34%
1 256
-95%
25 344
+1 919%
28 029
+11%
25 692
-8%
7 427
-71%
27 620
+272%
26 337
-5%
20 844
-21%
18 552
-11%
3 072
-83%
(2 065)
N/A
2 684
N/A
(2 922)
N/A
7 133
N/A
9 834
+38%
13 778
+40%
35 159
+155%
36 521
+4%
34 606
-5%
30 546
-12%
19 886
-35%
27 818
+40%
37 721
+36%
33 424
-11%
26 661
-20%
22 201
-17%
16 497
-26%
21 888
+33%
(5 511)
N/A
(20 770)
-277%
(25 491)
-23%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 319,700+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.