CHEAF (China Eastern Airlines) ROCE %: 4.91% (As of Mar. 2026)


CHEAF China Eastern Airlines Corp Ltd CHEAF
53 GF Score
Price $0.47
GF Value $0.67
Valuation Possible Value Trap
! 5 Warning Signs
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What is China Eastern Airlines ROCE %?

China Eastern Airlines CHEAF 53 ROCE % is 4.91% as of Mar. 2026. GuruFocus rates CHEAF with a GF Score™ of 53/100 and a GF Value™ of $0.67 (Possible Value Trap). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. China Eastern Airlines's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.91%.

China Eastern Airlines  (OTCPK:CHEAF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

China Eastern Airlines ROCE % Related Terms

China Eastern Airlines ROCE % Historical Data

* Premium members only.

The historical data trend for China Eastern Airlines's ROCE % 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 ROCE % Chart

China Eastern Airlines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.18 -17.02 -1.23 0.73 2.74

China Eastern Airlines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -0.45 2.09 9.15 -0.13 4.91
CHEAF
53GF Score
China Eastern Airlines Corp Ltd CHEAF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Eastern Airlines ROCE % Calculation

China Eastern Airlines's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=633.093/( ( (37990.853 - 15658.247) + (41424.92 - 17561.762) )/ 2 )
=633.093/( (22332.606+23863.158)/ 2 )
=633.093/23097.882
=2.74 %

China Eastern Airlines's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1200.216/( ( (41424.92 - 17561.762) + (43198.3 - 18209.689) )/ 2 )
=1200.216/( ( 23863.158 + 24988.611 )/ 2 )
=1200.216/24425.8845
=4.91 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 4.91% mean?
China Eastern Airlines (CHEAF) has a ROCE % of 4.91% as of Mar. 2026.
Is China Eastern Airlines' ROCE % too high?
China Eastern Airlines' current ROCE % is 4.91%. The Transportation industry median ROCE % is 7.73. China Eastern Airlines' value of 4.91% is 36.5% below this industry median. 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' ROCE % compare to DAL and UAL?
China Eastern Airlines' ROCE % of 4.91% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. China Eastern Airlines' value of 4.91% is 36.5% 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 ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Eastern Airlines's current ROCE % of 4.91% is 36.5% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Eastern Airlines's current ROCE % is 4.91%. 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 ROCE % is 4.91% and 36.5% below the Transportation industry median of 7.73. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For China Eastern Airlines (CHEAF), the current ROCE % is 4.91% 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:

  • ROCE %: 4.91%
  • GF Value™: $0.67 vs. price of $0.47 (29.8% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 36.5% below the Transportation median

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

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

$0.47
Price
$0.67
GF Value