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Air-cargo and freight-forwarding subsidiary of China Eastern Airlines.
Air-cargo and freight-forwarding subsidiary of China Eastern Airlines.
Earns freight charges by the kilo, both on its own freighter aircraft and on space bought in the holds of China Eastern passenger planes, plus fees for forwarding and handling cargo on the ground. Shanghai Pudong is its main hub, so volumes follow trans-Pacific and cross-border e-commerce shipping.
Moat: narrow (scale, distribution). Leverages China Eastern's passenger network belly capacity and route rights.
Headquarters: Shanghai, China · Employees: 6,606
Size Eastern Air Logistics (601156.SS) is a China Industrials company (Air Freight/Couriers) with a market value of $4.70B, the 541st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥19.75 on 6 Nov 2026.
Performance Over six months the shares gained 23.4%, against -7.3% for the median peer and -16.4% for the China market (cap-weighted) — 3rd highest of 21 in its peer set.
Growth Revenue grew 19.6% over the last twelve months (peer median +7.0%); the operating margin is 13.7% (peer median 3.2%).
Valuation It trades at 10.9× forward earnings against a peer median of 15.2× (6th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about -16% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -26 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 11.1 points above its cost of capital (5.0% WACC).
Next results Next results expected around 13 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥28.2B | CN¥24.2B | CN¥24.0B | CN¥20.6B | CN¥23.4B |
| Revenue growth | — | +1% | +17% | -12% | — |
| Gross profit | CN¥6.21B | CN¥4.68B | CN¥4.58B | CN¥4.36B | CN¥6.42B |
| EBITDA | n/a | CN¥5.76B | CN¥5.48B | CN¥5.40B | CN¥6.95B |
| Net income | CN¥2.84B | CN¥2.69B | CN¥2.69B | CN¥2.49B | CN¥3.64B |
| Free cash flow | CN¥6.62B | CN¥4.45B | CN¥933M | CN¥4.69B | CN¥4.17B |
| Capital expenditure | CN¥2.13B | CN¥1.76B | CN¥2.78B | CN¥553M | CN¥1.29B |
| Total debt | CN¥8.54B | CN¥6.46B | CN¥4.03B | CN¥8.36B | CN¥8.02B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Eastern Air Logistics 601156.SS | $4.70B | +23% | +20% | 14% | 10.9× | -16.0% |
| Air China Cargo 001391.SZ | $7.12B | -21% | +10% | 9% | n/a | n/a |
| S.F 002352.SZ | $23.9B | -7% | +6% | 5% | 15.9× | -12.9% |
| Sinotrans 601598.SS | $6.74B | +18% | -1% | 0% | 14.8× | 4.3% |
| Jd Logistics 2618.HK | $9.10B | -29% | +29% | 3% | 6.9× | -0.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 601156.SS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +6.9% | -0.3% | 8th highest of 21 |
| 6-month return | +23.4% | -7.3% | 3rd highest of 21 |
| Distance from 52-week high | -1.4% | -19.3% | highest of 21 |
| Revenue growth (TTM) | +19.6% | +7.0% | 5th highest of 21 |
| Operating margin | 13.7% | 3.2% | 4th highest of 20 |
| Forward P/E | 10.9× | 15.2× | 6th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | -16.0% | 4.4% | least demanding of 16 |
| Growth delivered (Del g) | +9.9% | +5.4% | 5th highest of 16 |
| Hurdle (Req g minus delivered) | -25.9 pp | -5.1 pp | least demanding of 16 |
| ROIC minus cost of capital | +11.1 pp | -1.9 pp | 4th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Eastern Air Logistics 601156.SS | China | $4.70B | +23% | +20% | 14% | 10.9× | -16.0% | +9.9% |
| Compagnie de l'Odet ODET.PA | France | $4.74B | -30% | -83% | -8% | n/a | 24.3% | -29.4% |
| Yamato 9064.T | Japan | $4.83B | +26% | +2% | 2% | 34.5× | 8.9% | +1.9% |
| Logista Integral LOG.MC | Spain | $5.42B | +15% | +4% | 2% | 15.8× | -5.9% | +5.4% |
| SG Holdings Co., Ltd. 9143.T | Japan | $5.56B | +1% | +14% | 5% | 14.0× | -2.6% | +4.6% |
| Shanghai Zhonggu Logistics 603565.SS | China | $3.97B | +16% | +4% | 27% | 10.4× | -14.4% | +0.4% |
| Swiggy SWIGGY.NS | India | $5.61B | -32% | +42% | -15% | n/a | n/a | n/a |
| Antong 600179.SS | China | $3.81B | -7% | +9% | 16% | n/a | -4.0% | +13.5% |
| Xiamen C&D 600153.SS | China | $3.77B | -8% | -6% | 1% | 12.4× | 21.2% | +9.3% |
| GXO Logistics GXO | United States | $6.33B | +7% | +7% | 3% | 16.0× | 20.2% | +16.3% |
| Delhivery DELHIVERY.NS | India | $3.40B | -11% | +24% | 0% | 81.8× | n/a | n/a |
| Huaihe Energy 600575.SS | China | $3.38B | -12% | +38% | n/a | 12.2× | n/a | n/a |
| Sinotrans 0598.HK | Hong Kong | $6.57B | -8% | +4% | 0% | 8.6× | 9.4% | +2.0% |
| Yunnan Yuntianhua 600096.SS | China | $7.17B | -28% | -19% | 11% | 9.3× | -1.7% | -1.5% |
| Aegis Vopak Terminals AEGISVOPAK.NS | India | $2.89B | +14% | +17% | 53% | 61.3× | n/a | n/a |
| ID Logistics IDL.PA | France | $2.80B | +7% | +16% | 4% | 30.3× | 10.4% | +17.9% |
| Yunda 002120.SZ | China | $2.74B | -20% | +7% | 4% | 9.7× | -13.2% | +9.0% |
| Nippon Express Hldgs 9147.T | Japan | $8.22B | +35% | +2% | 3% | 17.6× | 7.9% | +4.4% |
| Mitsubishi Logistics 9301.T | Japan | $2.67B | -15% | -1% | 6% | 16.0× | n/a | n/a |
| SENKO 9069.T | Japan | $2.45B | +23% | +7% | 4% | 15.2× | 4.4% | +9.5% |
| Jd Logistics 2618.HK | Hong Kong | $9.10B | -29% | +29% | 3% | 6.9× | -0.4% | +23.4% |