China Eastern Airlines Corporation Limited Asset Turnover Ratio (CEA), as of fourth quarter 2021, current and historic results, rankings and more - CSIMarket
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China Eastern Airlines Corporation Limited  (NYSE: CEA)
    Sector • Transportation    Industry • Airline
   Industry • Airline
   Sector • Transportation
 

China Eastern Airlines Limited Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

China Eastern Airlines Corporation Limited asset turnover ratio, the ability of China Eastern Airlines Corporation Limited's assets to generate revenue in the fourth quarter 2021, increased sequentially to 0.46 in the fourth quarter (Dec 31 2021), yet the ratio remained below the average, as CEA's position remain challenging.

Within sector 10 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the fourth quarter 2021 compared to the preceding quarter from 869 to 886.

Asset Turnover Ratio Definition



CEA Asset Turnover Ratio (Dec 31 2021)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2020)
IV. Quarter
Y / Y Asset Change 3.42 % 1.55 % 1.55 % 1.55 % 11.54 %
Y / Y Revenue Change 14.3 % - - - -51.46 %
Asset Turnover Ratio (TTM) 0.46 - - - 0.42
CEA's Total Ranking # 886 # 869 # 872 # 838 # 2252
Seq. Asset Change 5.39 % 0 % 0 % -1.87 % 3.49 %
Seq. Revenue Change - - - - -



Asset Turnover Ratio Company Ranking
Within: No.
Airline Industry # 11
Transportation Sector # 37
Overall Market # 886

Asset Turnover Ratio Statistics
High Average Low
34.21 22.67 10.99
(Dec 31 2018)   (Dec 31 2020)







Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2021, within Transportation Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 31 2021 Assets at quarter ending Dec 31 2021
Pamt Corp  1.23 $ 707.120  Millions$ 575.436  Millions
Tfi International Inc   1.23 $ 7,220.429  Millions$ 5,883.663  Millions
Pangaea Logistics Solutions Ltd   1.21 $ 721.991  Millions$ 597.352  Millions
Wheels Up Experience Inc   1.15 $ 1,194.259  Millions$ 1,034.491  Millions
Old Dominion Freight Line Inc   1.15 $ 5,256.328  Millions$ 4,580.243  Millions
Freightcar America Inc   1.14 $ 203.050  Millions$ 178.224  Millions
Air T Inc   1.14 $ 172.367  Millions$ 151.325  Millions
Werner Enterprises Inc   1.13 $ 2,734.372  Millions$ 2,423.812  Millions
Marten Transport Ltd   1.11 $ 973.644  Millions$ 878.446  Millions
Fedex Corporation  1.08 $ 89,552.000  Millions$ 82,598.750  Millions
Saker Aviation Services Inc   1.03 $ 5.383  Millions$ 5.213  Millions
Zim Integrated Shipping Services Ltd   1.01 $ 9,972.439  Millions$ 9,841.800  Millions
Best Inc   1.01 $ 1,792.963  Millions$ 1,780.102  Millions
Usd Partners Lp  0.83 $ 204.485  Millions$ 246.382  Millions
Brink s Co  0.77 $ 4,200.200  Millions$ 5,472.125  Millions
Atlas Air Worldwide Holdings Inc   0.65 $ 4,056.497  Millions$ 6,210.660  Millions
Heartland Express Inc  0.64 $ 607.284  Millions$ 948.307  Millions
Knight swift Transportation Holdings Inc   0.63 $ 5,998.019  Millions$ 9,553.104  Millions
Safe Bulkers Inc   0.61 $ 672.506  Millions$ 1,094.320  Millions
Bristow Group Inc   0.61 $ 1,191.137  Millions$ 1,939.857  Millions
The Greenbrier Companies Inc   0.58 $ 1,895.692  Millions$ 3,262.717  Millions
Azul Sa  0.56 $ 1,851.633  Millions$ 3,324.449  Millions
Air Transport Services Group Inc   0.54 $ 1,734.282  Millions$ 3,187.019  Millions
Kelso Technologies Inc   0.54 $ 7.426  Millions$ 13.729  Millions
Guangshen Railway Co Ltd  0.54 $ 3,170.787  Millions$ 5,869.413  Millions
Eagle Bulk Shipping Inc   0.54 $ 594.538  Millions$ 1,100.781  Millions
Gol Intelligent Airlines Inc   0.53 $ 1,379.738  Millions$ 2,583.426  Millions
Frontier Group Holdings Inc   0.50 $ 2,060.000  Millions$ 4,113.750  Millions
Zto Express cayman Inc   0.48 $ 4,730.928  Millions$ 9,850.350  Millions
Sun Country Airlines Holdings Inc   0.47 $ 623.015  Millions$ 1,318.281  Millions



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