ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. China Eastern Airlines's annualizedNet Income for the quarter that ended in Mar. 2026 was $948 Mil.
China Eastern Airlines's average Total Assets over the quarter that ended in Mar. 2026 was $42,312 Mil. Therefore, China Eastern Airlines's annualized ROA % for the quarter that ended in Mar. 2026 was 2.24%.
The historical rank and industry rank for China Eastern Airlines's ROA % or its related term are showing as below:
CHEAF'
s ROA % Range Over the Past 10 Years
Min: -13.04 Med: -1.04 Max: 2.9
Current: 0.34
During the past 13 years, China Eastern Airlines's highest ROA % was 2.90%. The lowest was -13.04%. And the median was -1.04%.
CHEAF's ROA % is ranked worse than 78.33% of 1015
companies
in the Transportation industry
Industry Median: 3.45
vs CHEAF: 0.34
China Eastern Airlines (OTCPK:CHEAF) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Airlines subindustry, China Eastern Airlines's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Transportation Industry
For the Transportation industry and Industrials sector, China Eastern Airlines's ROA % distribution charts can be found below:
* The bar in red indicates where China Eastern Airlines's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
China Eastern Airlines (CHEAF) has a ROA % of 2.24% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on China Eastern Airlines and its competitors. According to the industry distribution chart, China Eastern Airlines ranks #795 out of 1015 companies in the Transportation industry, placing it in the top 78.3%.
Is China Eastern Airlines' ROA % too high?
China Eastern Airlines' current ROA % is 2.24%. The Transportation industry median ROA % is 3.45. China Eastern Airlines' value of 2.24% is 35.1% below this industry median. Based on the distribution chart, China Eastern Airlines ranks #795 out of 1015 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 Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Eastern Airlines' ROA % compare to DAL and UAL?
According to the Transportation industry distribution chart, China Eastern Airlines ranks #795 out of 1015 companies for ROA %. This places China Eastern Airlines in the lower half of its industry. The industry median ROA % is 3.45. China Eastern Airlines' value of 2.24% is 35.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Transportation company?
The median ROA % among Transportation companies is 3.45, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Eastern Airlines's current ROA % of 2.24% is 35.1% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on China Eastern Airlines and its competitors. For the Transportation industry, the median ROA % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Eastern Airlines's current ROA % is 2.24%. 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 Possible Value Trap. The stock's GF Value™ is $0.67, compared to a current price of $0.47 — trading 29.8% below its estimated fair value. The current ROA % is 2.24% and 35.1% below the Transportation industry median of 3.45. China Eastern Airlines' overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For China Eastern Airlines (CHEAF), the current ROA % is 2.24% 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 Eastern Airlines (CHEAF) Overvalued in 2026?
Based on GuruFocus' analysis, China Eastern Airlines stock appears to be undervalued.
The current stock price of $0.47 is trading 29.8% below its estimated GF Value™ of $0.67.
GuruFocus considers China Eastern Airlines to be Possible Value Trap.
Key valuation signals for CHEAF:
ROA %: 2.24%
GF Value™: $0.67 vs. price of $0.47 (29.8% below fair value)
Industry Position: 35.1% below the Transportation median (#795 of 1015)
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 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
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