AIRYY (Air China) Pre-Tax Income: $-1,161 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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AIRYY Air China Ltd AIRYY
62 GF Score
Price $9.30
GF Value $20.46
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Air China Pre-Tax Income?

Air China AIRYY +2.79% 62 Pre-Tax Income is $-1,161 Mil as of Jun. 2026. GuruFocus rates AIRYY with a GF Score™ of 62/100 and a GF Value™ of $20.46 (Possible Value Trap). The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Air China's pretax income for the six months ended in Jun. 2026 was $-679 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $-1,161 Mil. Air China's pretax margin was -5.22%.

During the past 13 years, Air China's highest Pretax Margin was 9.46%. The lowest was -86.73%. And the median was -0.95%.


Air China  (OTCPK:AIRYY) Pre-Tax Income Explanation

Air China's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=-679.44991240005/13006.068407852
=-5.22%

During the past 13 years, Air China's highest Pretax Margin was 9.46%. The lowest was -86.73%. And the median was -0.95%.

* 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.


Air China Pre-Tax Income Related Terms


Air China Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Air China's Pre-Tax Income 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.

Air China Pre-Tax Income Chart

Air China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,257.65 -6,798.07 -632.85 -613.98 -701.93

Air China Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Pre-Tax Income 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 -618.41 6.07 -568.63 -129.21 -679.45

AIRYY vs DAL, UAL, LUV: Pre-Tax Income Comparison

For the Airlines subindustry, Air China's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Air China Pre-Tax Income vs Transportation Industry

For the Transportation industry and Industrials sector, Air China's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Air China's Pre-Tax Income falls into.


AIRYY
62GF Score
Air China Ltd AIRYY
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Air China Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Air China's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-706.34687361136++-772.04546191315+79.142377087229+697.32142273584
=-702

Air China's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-916.17948983489++-351.04077051207+23.235544731084+564.53480321583
=-679

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1,161 Mil.

* 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 Pre-Tax Income →
What does a Pre-Tax Income of $-1,161 Mil mean?
Air China (AIRYY) has a Pre-Tax Income of $-1,161 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Air China and its competitors.
Is Air China's Pre-Tax Income too high?
Air China's current Pre-Tax Income is $-1,161 Mil. Overall, Air China has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air China's Pre-Tax Income compare to DAL and UAL?
Air China's Pre-Tax Income of $-1,161 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Transportation company?
A good Pre-Tax Income depends on the Transportation industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Air China and its competitors. Air China's current Pre-Tax Income is $-1,161 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air China stock overvalued right now?
Based on GuruFocus' analysis, Air China (AIRYY) is currently considered Possible Value Trap. The stock's GF Value™ is $20.46, compared to a current price of $9.30 — trading 54.5% below its estimated fair value. The current Pre-Tax Income is $-1,161 Mil. Air China's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Air China (AIRYY), the current Pre-Tax Income is $-1,161 Mil 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 Air China (AIRYY) Overvalued in 2026?

Based on GuruFocus' analysis, Air China stock appears to be undervalued. The current stock price of $9.30 is trading 54.5% below its estimated GF Value™ of $20.46. GuruFocus considers Air China to be Possible Value Trap.

Key valuation signals for AIRYY:

  • Pre-Tax Income: $-1,161 Mil
  • GF Value™: $20.46 vs. price of $9.30 (54.5% below fair value)
  • GF Score™: 62/100 with 3 warning signs

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


Air China Business Description

Address 12 Tung Fai Road, 5th Floor, CNAC House, Hong Kong International Airport, Hong Kong, HKG
Air China Ltd is based in Beijing and principally provides airline and related services, which include aircraft engineering and airport ground handling. The majority of the company's revenue comes from airline operations, with a smaller portion generated from rental income. Company has two segments (a) The airline operations segment which mainly comprises the provision of air passenger and air cargo services; and (b) The other operations segment which comprises the provision of aircraft engineering and other airline-related services. Geographically, majority of its revenue is derived from Mainland China followed by International segment and Hong Kong SAR, Macau SAR and Taiwan.
62GF Score

Get the complete analysis for AIRYY

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.30
Price
$20.46
GF Value