Air China (HAM:AD2) Tax Provision: €-237 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

HAM:AD2 Air China Ltd HAM:AD2
57 GF Score
Price €0.43
GF Value €0.64
! 5 Warning Signs
View Full Analysis

What is Air China Tax Provision?

Air China HAM:AD2 -5.22% 57 Tax Provision is €-237 Mil as of Mar. 2026. GuruFocus rates HAM:AD2 with a GF Score™ of 57/100 and a GF Value™ of €0.64. The stock has 5 warning signs investors should review.

Air China's tax provision for the three months ended in Mar. 2026 was €-13 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was €-237 Mil.

Air China Tax Provision Historical Data

* Premium members only.

The historical data trend for Air China's Tax Provision 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 Tax Provision Chart

Air China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 417.63 95.28 11.71 -110.82 -233.79

Air China Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -10.48 19.35 -9.13 -234.00 -13.05
HAM:AD2
57GF Score
Air China Ltd HAM:AD2
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air China Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-237 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 Tax Provision →
What does a Tax Provision of €-237 Mil mean?
Air China (HAM:AD2) has a Tax Provision of €-237 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Air China and its competitors.
Is Air China's Tax Provision too high?
Air China's current Tax Provision is €-237 Mil. Overall, Air China has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Air China's Tax Provision compare to DAL and UAL?
Air China's Tax Provision of €-237 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 Tax Provision for a Transportation company?
A good Tax Provision depends on the Transportation industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Air China and its competitors. Air China's current Tax Provision is €-237 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?
Air China (HAM:AD2) has a current Tax Provision of €-237 Mil. The stock's GF Value™ is €0.64, compared to a current price of €0.43 — trading 32.5% below its estimated fair value. The current Tax Provision is €-237 Mil. Air China's 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 Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Air China (HAM:AD2), the current Tax Provision is €-237 Mil 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 Air China (HAM:AD2) Overvalued in 2026?

Based on GuruFocus' analysis, Air China stock appears to be undervalued. The current stock price of €0.43 is trading 32.5% below its estimated GF Value™ of €0.64.

Key valuation signals for HAM:AD2:

  • Tax Provision: €-237 Mil
  • GF Value™: €0.64 vs. price of €0.43 (32.5% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the HAM:AD2 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.
57GF Score

Get the complete analysis for HAM:AD2

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

€0.43
Price
€0.64
GF Value