CHEAF (China Eastern Airlines) 3-Year ROIIC % : 0.00% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHEAF China Eastern Airlines Corp Ltd CHEAF
57 GF Score
Price $0.40
GF Value $0.66
Valuation Possible Value Trap
! 5 Warning Signs
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What is China Eastern Airlines 3-Year ROIIC %?

China Eastern Airlines CHEAF 57 3-Year ROIIC % is 0.00 as of Dec. 2025. GuruFocus rates CHEAF with a GF Score™ of 57/100 and a GF Value™ of $0.66 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 938 Transportation companies, China Eastern Airlines ranks worse than 106609.7% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. China Eastern Airlines's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 0.00%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for China Eastern Airlines's 3-Year ROIIC % or its related term are showing as below:

CHEAF's 3-Year ROIIC % is not ranked *
in the Transportation industry.
Industry Median: 2.08
* Ranked among companies with meaningful 3-Year ROIIC % only.

China Eastern Airlines  (OTCPK:CHEAF) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


China Eastern Airlines 3-Year ROIIC % Related Terms


China Eastern Airlines 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for China Eastern Airlines's 3-Year ROIIC % 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 3-Year ROIIC % Chart

China Eastern Airlines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -103.78 -131.52 259.58 87.41 0.00

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
3-Year ROIIC % 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 0.00 0.00 0.00 0.00 0.00

CHEAF vs DAL, UAL, LUV: 3-Year ROIIC % Comparison

For the Airlines subindustry, China Eastern Airlines's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Transportation Industry

For the Transportation industry and Industrials sector, China Eastern Airlines's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where China Eastern Airlines's 3-Year ROIIC % falls into.


CHEAF
57GF Score
China Eastern Airlines Corp Ltd CHEAF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Eastern Airlines 3-Year ROIIC % Calculation

China Eastern Airlines's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 0 (Dec. 2025) - -4505.6746992 (Dec. 2022) )/( 48977.879 (Dec. 2025) - 49525.654 (Dec. 2022) )
=/-547.77500000002
=0.00%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 0.00 mean?
China Eastern Airlines (CHEAF) has a 3-Year ROIIC % of 0.00 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on China Eastern Airlines and its competitors. According to the industry distribution chart, China Eastern Airlines ranks #999999 out of 938 companies in the Transportation industry.
Is China Eastern Airlines' 3-Year ROIIC % too high?
China Eastern Airlines' current 3-Year ROIIC % is 0.00. Based on the distribution chart, China Eastern Airlines ranks #999999 out of 938 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, China Eastern Airlines has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Eastern Airlines' 3-Year ROIIC % compare to DAL and UAL?
According to the Transportation industry distribution chart, China Eastern Airlines ranks #999999 out of 938 companies for 3-Year ROIIC %. This places China Eastern Airlines in the lower half of its industry. The industry median 3-Year ROIIC % is 2.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.08, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on China Eastern Airlines and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Eastern Airlines's current 3-Year ROIIC % is 0.00. 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 $0.66, compared to a current price of $0.40 — trading 39.7% below its estimated fair value. The current 3-Year ROIIC % is 0.00. China Eastern Airlines' overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For China Eastern Airlines (CHEAF), the current 3-Year ROIIC % is 0.00 as of Dec. 2025. 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 $0.40 is trading 39.7% below its estimated GF Value™ of $0.66. GuruFocus considers China Eastern Airlines to be Possible Value Trap.

Key valuation signals for CHEAF:

  • 3-Year ROIIC %: 0.00
  • GF Value™: $0.66 vs. price of $0.40 (39.7% below fair value)
  • GF Score™: 57/100 with 5 warning signs

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.
57GF Score

Get the complete analysis for CHEAF

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

$0.40
Price
$0.66
GF Value