CHEAF (China Eastern Airlines) Equity-to-Asset: 0.12 (As of Jun. 2026) — 29% Below Median

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Director of Data and Quant Analytics at GuruFocus
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CHEAF China Eastern Airlines Corp Ltd CHEAF
53 GF Score
Price $0.37
GF Value $0.70
Valuation Significantly Undervalued
! 1 Warning Sign
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What is China Eastern Airlines Equity-to-Asset?

China Eastern Airlines CHEAF 53 Equity-to-Asset is 0.12 as of Jun. 2026, which is 29% below its 10-year median of 0.17. GuruFocus rates CHEAF with a GF Score™ of 53/100 and a GF Value™ of $0.70 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,019 Transportation companies, China Eastern Airlines ranks worse than 91.95% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Eastern Airlines's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $5,225 Mil. China Eastern Airlines's Total Assets for the quarter that ended in Jun. 2026 was $43,918 Mil. Therefore, China Eastern Airlines's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.12.

The historical rank and industry rank for China Eastern Airlines's Equity-to-Asset or its related term are showing as below:

CHEAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.17   Max: 0.25
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of China Eastern Airlines was 0.25. The lowest was 0.08. And the median was 0.17.

CHEAF's Equity-to-Asset is ranked worse than
91.95% of 1019 companies
in the Transportation industry
Industry Median: 0.5 vs CHEAF: 0.12

China Eastern Airlines  (OTCPK:CHEAF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


China Eastern Airlines Equity-to-Asset Related Terms


China Eastern Airlines Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for China Eastern Airlines's Equity-to-Asset 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 Eastern Airlines Equity-to-Asset Chart

China Eastern Airlines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.10 0.14 0.15 0.13

China Eastern Airlines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.14 0.15 0.13 0.13 0.12

CHEAF vs DAL, UAL, LUV: Equity-to-Asset Comparison

For the Airlines subindustry, China Eastern Airlines's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Eastern Airlines Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, China Eastern Airlines's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Eastern Airlines's Equity-to-Asset falls into.


CHEAF
53GF Score
China Eastern Airlines Corp Ltd CHEAF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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China Eastern Airlines Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

China Eastern Airlines's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=5361.057/41424.92
=0.13

China Eastern Airlines's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=5225.066/43917.766
=0.12

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.12 mean?
China Eastern Airlines (CHEAF) has a Equity-to-Asset of 0.12 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on China Eastern Airlines and its competitors. This is 29% below median its historical median of 0.17. Over the past decade, China Eastern Airlines' Equity-to-Asset has ranged from 0.08 to 0.25. According to the industry distribution chart, China Eastern Airlines ranks #937 out of 1019 companies in the Transportation industry, placing it in the top 92%.
Is China Eastern Airlines' Equity-to-Asset too high?
China Eastern Airlines' current Equity-to-Asset of 0.12 is 29% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.25. The Transportation industry median Equity-to-Asset is 0.50. China Eastern Airlines' value of 0.12 is 76% below this industry median. Based on the distribution chart, China Eastern Airlines ranks #937 out of 1019 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, China Eastern Airlines has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Eastern Airlines' Equity-to-Asset compare to DAL and UAL?
According to the Transportation industry distribution chart, China Eastern Airlines ranks #937 out of 1019 companies for Equity-to-Asset. This places China Eastern Airlines in the lower half of its industry. The industry median Equity-to-Asset is 0.50. China Eastern Airlines' value of 0.12 is 76% below this benchmark. Historically, China Eastern Airlines' own Equity-to-Asset has ranged from 0.08 to 0.25 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.50, China Eastern Airlines has consistently been below 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 Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Eastern Airlines's current Equity-to-Asset of 0.12 is 76% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on China Eastern Airlines and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Eastern Airlines's current Equity-to-Asset is 0.12, which is 29% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Eastern Airlines stock overvalued right now?
Based on GuruFocus' analysis, China Eastern Airlines (CHEAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.70, compared to a current price of $0.37 — trading 47.1% below its estimated fair value. The current Equity-to-Asset is 0.12, which is 29% below median its 10-year median of 0.17 and 76% below the Transportation industry median of 0.50. China Eastern Airlines' overall GF Score™ is 53/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For China Eastern Airlines (CHEAF), the current Equity-to-Asset is 0.12 as of Jun. 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 Eastern Airlines (CHEAF) Overvalued in 2026?

Based on GuruFocus' analysis, China Eastern Airlines stock appears to be undervalued. The current stock price of $0.37 is trading 47.1% below its estimated GF Value™ of $0.70. GuruFocus considers China Eastern Airlines to be Significantly Undervalued.

Key valuation signals for CHEAF:

  • Equity-to-Asset: 0.12 (29% below median its 10-year median of 0.17)
  • GF Value™: $0.70 vs. price of $0.37 (47.1% below fair value)
  • GF Score™: 53/100 with 1 warning sign
  • Industry Position: 76% below the Transportation median (#937 of 1019)

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


China Eastern Airlines Business Description

Address 36 Hongxiang 3rd Road, Minhang District, Shanghai, CHN, 201100
China Eastern Airlines Corp Ltd principally engaged in the operation of civil aviation, including the provision of passenger, cargo, mail delivery and other extended transportation services, also manufacturing and maintenance of aircraft and aviation equipment, agency services, import and export business, tourism and hotel business; and other businesses related to air transportation. The Group has two reportable segments. Airline transportation operations mainly comprise the provision of passenger, cargo, mail delivery, and ground services. Other services, including tour operations, air catering, and other miscellaneous services, are not included within the airline transportation operations segment. Geographically, the company operates Domestic, Regional and International.
53GF Score

Get the complete analysis for CHEAF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.37
Price
$0.70
GF Value