智通财经网·2026-03-26 15:34Core Viewpoint - China National Airlines (00753) reported a revenue of 171.485 billion RMB for the year ending December 31, 2025, reflecting a year-on-year growth of 2.9%. However, the company experienced a significant increase in shareholder losses, amounting to 1.788 billion RMB, which is an increase of 668.8% compared to the previous year. The basic loss per share was 0.11 RMB [1] Revenue Breakdown - The group achieved passenger revenue of 154.856 billion RMB, an increase of 3.067 billion RMB year-on-year. This increase was driven by a rise in capacity input, contributing an additional 4.918 billion RMB, and an increase in passenger load factor, adding 3.978 billion RMB. However, a decline in revenue levels resulted in a decrease of 5.829 billion RMB [1] - The group reported cargo and mail transportation revenue of 7.778 billion RMB, which is an increase of 364 million RMB year-on-year. This growth was attributed to a rise in capacity input, which added 179 million RMB, and an increase in load factor, contributing 319 million RMB. Conversely, a decline in revenue levels led to a reduction of 134 million RMB [1]