China Express Airlines Co (SZSE:002928) EBITDA Margin %: 17.01% (As of Mar. 2026) — 30% Below Median

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SZSE:002928 China Express Airlines Co Ltd SZSE:002928
66 GF Score
Price ¥6.26
GF Value ¥10.16
Valuation Possible Value Trap
! 8 Warning Signs
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What is China Express Airlines Co EBITDA Margin %?

China Express Airlines Co SZSE:002928 +2.96% 66 EBITDA Margin % is 17.01% as of Mar. 2026, which is 30% below its 10-year median of 24.34. GuruFocus rates SZSE:002928 with a GF Score™ of 66/100 and a GF Value™ of ¥10.16 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,004 Transportation companies, China Express Airlines Co ranks better than 58.47% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. China Express Airlines Co's EBITDA for the three months ended in Mar. 2026 was ¥310 Mil. China Express Airlines Co's Revenue for the three months ended in Mar. 2026 was ¥1,824 Mil. Therefore, China Express Airlines Co's EBITDA margin for the quarter that ended in Mar. 2026 was 17.01%.


China Express Airlines Co  (SZSE:002928) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


China Express Airlines Co EBITDA Margin % Related Terms


China Express Airlines Co EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for China Express Airlines Co's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Express Airlines Co EBITDA Margin % Chart

China Express Airlines Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.98 -28.99 13.95 34.47 37.12

China Express Airlines Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.73 18.33 27.07 7.05 17.01

SZSE:002928 vs DAL, UAL, LUV: EBITDA Margin % Comparison

For the Airlines subindustry, China Express Airlines Co's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Express Airlines Co EBITDA Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, China Express Airlines Co's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where China Express Airlines Co's EBITDA Margin % falls into.


SZSE:002928
66GF Score
China Express Airlines Co Ltd SZSE:002928
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Express Airlines Co EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

China Express Airlines Co's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2767.707/7456.121
=37.12 %

China Express Airlines Co's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=310.284/1823.654
=17.01 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 17.01% mean?
China Express Airlines Co (SZSE:002928) has a EBITDA Margin % of 17.01% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on China Express Airlines Co and its competitors. This is 30% below median its historical median of 24.34. According to the industry distribution chart, China Express Airlines Co ranks #417 out of 1004 companies in the Transportation industry, placing it in the top 41.5%.
Is China Express Airlines Co's EBITDA Margin % too high?
China Express Airlines Co's current EBITDA Margin % of 17.01% is 30% below median its 10-year median of 24.34. The Transportation industry median EBITDA Margin % is 13.72. China Express Airlines Co's value of 17.01% is 24% above this industry median. Based on the distribution chart, China Express Airlines Co ranks #417 out of 1004 companies in the Transportation industry, which is above the industry midpoint. Overall, China Express Airlines Co has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Express Airlines Co's EBITDA Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, China Express Airlines Co ranks #417 out of 1004 companies for EBITDA Margin %. This puts China Express Airlines Co in the upper half of its industry. The industry median EBITDA Margin % is 13.72. China Express Airlines Co's value of 17.01% is 24% above this benchmark. While the company's 10-year median is 24.34 vs. the industry median of 13.72, China Express Airlines Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Transportation company?
The median EBITDA Margin % among Transportation companies is 13.72, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Express Airlines Co's current EBITDA Margin % of 17.01% is 24% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on China Express Airlines Co and its competitors. For the Transportation industry, the median EBITDA Margin % is 13.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Express Airlines Co's current EBITDA Margin % is 17.01%, which is 30% below median its own 10-year median of 24.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Express Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, China Express Airlines Co (SZSE:002928) is currently considered Possible Value Trap. The stock's GF Value™ is ¥10.16, compared to a current price of ¥6.26 — trading 38.4% below its estimated fair value. The current EBITDA Margin % is 17.01%, which is 30% below median its 10-year median of 24.34 and 24% above the Transportation industry median of 13.72. China Express Airlines Co's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For China Express Airlines Co (SZSE:002928), the current EBITDA Margin % is 17.01% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Express Airlines Co (SZSE:002928) Overvalued in 2026?

Based on GuruFocus' analysis, China Express Airlines Co stock appears to be undervalued. The current stock price of ¥6.26 is trading 38.4% below its estimated GF Value™ of ¥10.16. GuruFocus considers China Express Airlines Co to be Possible Value Trap.

Key valuation signals for SZSE:002928:

  • EBITDA Margin %: 17.01% (30% below median its 10-year median of 24.34)
  • GF Value™: ¥10.16 vs. price of ¥6.26 (38.4% below fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 24% above the Transportation median (#417 of 1004)

No single metric tells the full story. See the SZSE:002928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Express Airlines Co Business Description

Address 2-3F, Annex Building, Airport Hotel, Longdongbao Airport, Guizhou Province, Nanming District, Guiyang, CHN, 550012
China Express Airlines Co Ltd is a China-based company operates in the regional aviation business. It is the only independent airline long-term focused on regional aviation in China. The business activities of the group are functioned through five operation bases located in Guiyang, Chongqing, Dalian, Inner Mongolia, and Xi'an.
66GF Score

Get the complete analysis for SZSE:002928

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.26
Price
¥10.16
GF Value