HK Express is a budget airline that offers flights primarily within Asia, providing online booking and various travel-related services.

HK Express

Cathay Pacific Airways Limited, together with its subsidiaries, operates as a carrier of international passengers and air cargo. The company conducts airline operations principally to and from Hong Kong. It also provides property investment, travel reward program, travel tour operator, financial, aircraft leasing and acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, aircraft engineering, cargo carriage, airport ground engineering support and equipment maintenance, and inventory technical management services. In addition, the company operates a computer network for interchange of air cargo related information; and offers repair and maintenance services for transportation companies. It operates in the Americas, Europe, Southeast Asia, Southwest Pacific, North Asia, South Asia, the Middle East, and Africa. As of December 31, 2021, it operated 234 aircraft directly connecting Hong Kong to 119 destinations in 35 countries worldwide, including 26 destinations in China. Cathay Pacific Airways Limited was founded in 1946 and is headquartered in Lantau Island, Hong Kong.

Cathay Pacific Airways Limited

China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services. It is also involved in flight training; airline maintenance; the provision of import and export, investment, leasing, and consultation services; the research and development of technology and products in the field of aviation; and e-commerce platform and ticket agent services. As of December 31, 2021, the company operated a fleet of 758 aircraft, including 752 passenger aircraft and 6 business aircraft. China Eastern Airlines Corporation Limited was founded in 1988 and is headquartered in Shanghai, the People's Republic of China.

China Eastern Airlines Corporation Limited

Hainan Airlines is a Chinese airline that provides passenger and cargo transportation services.

Hainan Airlines

HK Express | 37,412 followers on LinkedIn. Hong Kong’s only Low-Cost Carrier (LCC) focusing on low fares, on-time reliability and high safety standards | Here at HK Express, we are built on a culture of respect, opportunity, innovation and travel. We are the pioneer and aspire to build Hong Kong’s own, true low-cost carrier. We try our best to understand what our customers need.

Iris Lee

Airbus A32F Captain | PMP | PSM | IPMA-D

Rodolfo Kim

Chief Operations & Service Delivery Officer (COO) at Cathay Pacific Airways

Alex McGowan

Airbus Captain

Gregory Millet

✈️ Travel Light and Stress-Free with the Airport Baggage Delivery Service! 🎒 At our core, we believe in enabling our customers to truly “Live More” through travel. We want you to explore new destinations without limits and create memories that last a lifetime. However, lugging around heavy bags may prevent you from fully enjoying every moment. That’s why we’re constantly seeking ways to lighten your load. Introducing the convenient Airport Baggage Delivery Service, brought to you by Hong Kong International Airport’s (HKIA) Authorised Agent, S.F. Express (Hong Kong) Limited (SFHK). Say goodbye to luggage stress! Simply check your bags at our counter at HKIA, and we’ll take care of the rest. Heading to the airport? SFHK will pick up your bags right from your doorstep. Book now to enjoy discounts of up to 10% and hassle-free delivery across Hong Kong.* With our new service, you really can say, “Gotta Go”! 🌟🧳 * Discount rates are subject to availability, and the price and offer details may be changed from time to time without prior notice. #HKExpress #香港快運 #GottaGo #LiveMore #HKIA #SFHK #BaggageDelivery

🚀 We resumed our Hiroshima route today! 🚀 At HK Express, we’re not just about travel; we’re here to enable you with a diverse array of choices to explore our extensive network of Asian destinations at unbeatable prices. Today, we proudly relaunch our Hong Kong-Hiroshima route, reconnecting two vibrant cities and opening the door to endless adventures🗺️! The response to the Hiroshima route has been overwhelming since it was announced, and we’ve listened to your feedback - starting in January 2025, we will increase our service to four round trips per week✈️! With the relaunch of the Hiroshima route, we’re expanding our extensive Japan network, which now includes upcoming routes to Shizuoka and Sendai, bringing our total to 11 amazing destinations in Japan. Together with Takamatsu and Shizuoka, we have 3 exclusive destinations in Japan – creating more opportunities for you to explore the diverse regions of this beautiful country. Get ready for unforgettable adventures with HK Express! #HKExpress #香港快運#GottaGo #LiveMore #Hiroshima

🎫HK Express launches HK Express Intermodal Pass 🚌 🚢 ✈️ Be it boat or bus ride to Hong Kong, the choice is yours 🎯 ! We are thrilled to announce the upgrade of our “Air + Ferry Pass” service to “HK Express Intermodal Pass”, connecting five major cities in the Greater Bay Area for seamless travel between Zhuhai and Hong Kong in just 45 minutes, all facilitated by our upstream check-in service for added peace of mind✈️ 🛍️ 🎧. In collaboration with Chu Kong Passenger Transport Company Limited (CKS) and the Hong Kong-Zhuhai-Macao Bridge Shuttle Bus 🚌, our upgraded service allows travellers to easily purchase both ferry and flight tickets in one go. Now, you can travel effortlessly from Zhuhai Port to Hong Kong International Airport, enabling seamless boarding of HK Express flights to major Asian cities and enhancing cross-border travel experiences to establish Hong Kong International Airport as the go-to transit hub for the region 🌍. Let’s make travel easier and more convenient as the choice is all yours! ✈️🌊 👉Check out our website for more details: https://bit.ly/3UtH6DP #HKExpress #香港快運 #UO #LiveMore #HKExpressIntermodalPass

𝗛𝗞 𝗘𝘅𝗽𝗿𝗲𝘀𝘀 𝗧𝘂𝗿𝗻𝘀 𝟭𝟭 𝗼𝗻 𝟮𝟳 𝗢𝗰𝘁𝗼𝗯𝗲𝗿! 🎉 HK Express is turning 11 this Sunday, 27 October! We couldn’t be more excited to celebrate this milestone with our valued passengers, business partners, and our incredible UO team! Following the rapid resumption in 2023, we continued to achieve significant milestones in 2024 to commemorate UO’s 11th Anniversary. These exciting achievements include a stunning 53% increase in flights, reaching 160% of pre-COVID levels, fleet size expansion from 30 to 40 aircrafts, and 10 new destinations launched, bringing our total network to over 30! We also introduced the groundbreaking “Fly Pass,” sale offering two round trips for the price of one, showcasing our continued commitment to offering more travel options and great value to our passengers. 🥳 On 18 October, we hosted a lively in-house celebration filled with joy and excitement. Our CEO, Jeanette Mao , and the leadership team raised a toast to the impressive growth HK Express achieved in 2024. A heartfelt 𝐓𝐇𝐀𝐍𝐊 𝐘𝐎𝐔 to all our dedicated staff for making this success possible! 🙌🏼 We were especially proud to honor 𝟰𝟭 𝐜𝐨𝐥𝐥𝐞𝐚𝐠𝐮𝐞𝐬, spanning cabin crew, cockpit crew, and ground staff for their remarkable 10 and 15 years of service. Their unwavering dedication has been instrumental to our progress. As we celebrate 11 incredible years of making travelers’ dreams come true, we extend our sincerest gratitude to those who continue to fly with us, partner with us, and to our colleagues who make it all possible. Together, we are committed to striving for excellence and making HK Express 𝐀𝐬𝐢𝐚’𝐬 𝐁𝐞𝐬𝐭 𝐋𝐨𝐰-𝐂𝐨𝐬𝐭 𝐂𝐚𝐫𝐫𝐢𝐞𝐫.✈️ 𝐇𝐚𝐩𝐩𝐲 11𝐭𝐡 𝐛𝐢𝐫𝐭𝐡𝐝𝐚𝐲, 𝐔𝐎! Here’s to many more years ahead!🎂 #HKExpress #UO11Anniversary #GottaGoCelebrate #StaffRecognition

Double adventure with one incredible price ✈️🌏 Travel isn't just about getting from point A to point B; it's about the experience you create and the memories you cherish. As HK's only low-cost carrier, we're committed to enabling our customers to travel on their own terms. 🎉 As we're turning 11 years young, we introduce the limited-time 1+1 Fly Pass: two round-trip tickets for one amazing price, unlocking a world of possibilities across Asia with us! 🌟 Explore vibrant cities 🏙️, relax on pristine beaches 🏖️, or immerse yourself in new cultures 🌍 – the choice is yours. Give yourself the gift of travel and create memories that will last a lifetime with us: 👉👉 https://lnkd.in/gvwMNPMf #HKExpress #香港快運 #UO #LiveMore #FlyPass

HK Express is expanding to more than 30 destinations across Asia, bringing travellers more affordable and convenient flight options✨ We're looking for passionate aviation enthusiasts like you to join UO and work alongside our diverse team to deliver a warm and welcoming flying experience that makes every journey across Asia enjoyable. As a UO Cabin Crew, you'll also get to explore the world during your leisure time —stroll under the cherry blossoms in Tokyo, savour street food at Bangkok's night markets, or unwind on the beaches of Da Nang! Plus, a new hire bonus of HKD 15,000 is waiting for you. Gotta Go! Interested? ✈️Please bring the necessary documents to the on-site interview at the date and time below. 📌Registration Counter: Cathay House, 11 Tung Fai Road, Hong Kong International Airport, Chek Lap Kok, Hong Kong ✋🏼Registration Time: 25 October 2024, 09:30/14:00 𝐃𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐭𝐨 𝐛𝐫𝐢𝐧𝐠 (𝐇𝐊𝐏𝐑) 1) HKID, Passport & Mainland Travel Permit for Hong Kong and Macao Residents 2) CV 3) Employment Certificate 4) Academic Certificate 𝐃𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐭𝐨 𝐛𝐫𝐢𝐧𝐠 (𝐧𝐨𝐧-𝐇𝐊𝐏𝐑) • O𝘳𝘪𝘨𝘪𝘯𝘢𝘭: 1) Passport 2) One Passport Photo (not larger than 55mm x 45mm and not smaller than 50mm x 40mm) 3) Former Company Employment Letter (Related Job Nature will be an advantage) 4) Academic Documents and Certificates (Including a valid English Proficiency Test Result) o A valid English Proficiency Test Result refers to any of the following qualifications: o TOEIC score of 325 for both reading and listening or above (within 2 years); o TOEFL score 60 or above (within 2 years) or; o IELTS 5.0 or above (within 2 years) • 𝘈 𝘤𝘰𝘱𝘺 𝘰𝘧: 1) Passport (Personal Information Page Copy) 2) ID card 3) Curriculum Vitae 4) ALL Former Company Employment Letter (Related Job Nature will be an advantage) 5) ALL Academic Documents and Certificates (Including a valid English Proficiency Test Result) *Candidates who fail to provide the above documents at registration will not be accepted for the on-site interview. #HKExpress #Recruitment #CabinCrew #Aviation #Flying #UO #GottaGowithU #JoinUO #GottaGo #香港快運

🌟 We’ve launched our 11th route to Japan today! ✈️ Starting 17 December 2024, we’ll be flying to Shizuoka—the first exclusive route between Hong Kong and Shizuoka EVER. With three flights a week, you can “Gotta Go” with us to explore this fantastic destination filled with astounding landscapes and rich cultural charm. What’s more? With our numerous routes across Japan, enjoy the ultimate open-jaw experience—fly into one city and out of another! 🌸 “Live More” to explore Japan your way! “Live More” isn’t just a slogan; it embodies our belief and the experiences we promise to deliver! #HKExpress #香港快運 #UO #Shizuoka #GottaGo #LiveMore

HK Express Inspires Next-Gen Aviation Innovators at Cathay Hackathon Masterclass💡 Inspiring the next generation of aviation innovators✈️! As the innovation partner for the Cathay Hackathon 2024, HK Express hosted a masterclass and exclusive airport tour, providing a behind-the-scenes look at our low-cost carrier operations. Participants explored our brand story, ancillary revenue strategies, and sustainability initiatives, and the airport tour offered a unique glimpse into everything from check-in to maintenance👏. We're excited to see the groundbreaking ideas they develop🎯! #HKExpress #CathayHackathon #GottaGo #LiveMore

HK Express Sustainability: Thrilled to be part of WWF's Sustainable Living Festival! 🌿 We were delighted to join the festival at Central Market, where our "Gotta GO! Sustainable Explorer Challenge 2024" campaign was highlighted. WWF's low-carbon applications and action checklists helped our young travellers integrate greener actions into their travel itineraries. This partnership demonstrates our commitment to sustainable travel. Looking ahead, we are excited about future collaborations with WWF. Stay tuned for more updates on our sustainability initiatives. Together, we can create a more sustainable and eco-conscious future for all. 🌍💚 #HKExpress #香港快運 #WWF #Sustainability #GOTTAGO #SustainableExplorerChallenge2024 #SEC #SustainableLivingFestival

📢 HIROKUMA is here in town 📢 As we gear up for the highly anticipated resumption of our Hiroshima route, we’re thrilled to welcome HIROKUMA, the adorable representative of the Hiroshima Tourism Association from Hiroshima to Hong Kong ✈️. In a delightful surprise, HIROKUMA made a surprise appearance at HK Express’ office and brought joy to the vibrant streets of Mong Kok, sharing his favourite lemon candies with everyone! 🍋💛. Missed HIROKUMA's visit? No worries! You can still experience the enchanting beauty of Hiroshima and spot HIROKUMA firsthand starting 1 November. Get ready to Fly More with HK Express and LIVE MORE! #HKExpress #香港快運 #LIVEMORE #GottaGo #ExclusiveRoute #Hiroshima

Metric
Company Name	HK Express	Cathay Pacific Airways Limited	China Eastern Airlines Corporation Limited	Hainan Airlines
Symbol		293	670
MSH ID	COM:HKEXPRESS	COM:CATHAYPACIFIC	COM:CEAIR	COM:HAINANAIRLINES
Market	PRIVATE	STOCKS	STOCKS	PRIVATE
Sector	Transportation	Industrials	Industrials	Transportation
Industry	Airlines	Airlines, Airports & Air Services	Airlines, Airports & Air Services	Aviation
Country	HK	HK	CN	CN
Stage				Equity
Employee Count		23.80K	81.78K
Website	hkexpress.com	cathaypacific.com	ceair.com	hainanairlines.com
LinkedIn	hong-kong-express		china-eastern
Founders

Metric
Market Cap	6.81B	8.39B
Enterprise Value
Monthly Web Traffic			452.48K
Web Traffic Growth			-0.25
Valuation
Raised Capital

Metric
Revenue	12.14B	15.64B
Revenue (LTM)
Revenue (NTM)
Gross Profit	2.66B	176.06M
EBITDA	3.27B	3.04B
Operating Income	1.67B	-1.18B
Net Income	1.26B	-1.12B
EPS	0.20	-0.05
Diluted EPS	0.17	-0.05
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.25	0.04
Operating Profit Margin	0.14	-0.04
EBITDA Margin	0.27	0.19
Net Profit Margin	0.10	-0.04
Return on Equity	0.16	-0.13
Return on Assets	0.06	-0.02
Return on Capital Employed	0.10	-0.03

HKEX

COM:HKEXPRESS

HK Express

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-7.79	-3.19
P/B Ratio	0.80	1.44
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.59	0.71
EV Multiple	0.95	57.44

Metric
Days Sales Outstanding		17.98
Days Payables Outstanding	95.11	63.73
Days Inventory Outstanding	5.19	6.22
Operating Cycle	32.65	24.20
Cash Conversion Cycle	0.08	-20.38
Asset Turnover	0.57	0.47

Metric
Operating Cash Flow	3.40B	3.66B
Free Cash Flow	2.53B	1.09B
Cash Flow to Debt	0.60	0.14
Operating Cash Flow/Sales	0.28	0.24
Free Cash Flow Yield	0.28	0.05

Metric
Cash & Equivalents	2.00B	1.66B
Accounts Receivable
Inventory	124.29M	224.75M
Goodwill		1.24B
Debt to Capitalization	0.51	0.88
Debt to Assets	0.43	0.71
Current Ratio	0.61	0.24
Quick Ratio	0.61	0.18

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue			0.00
SG&A to Revenue			0.01