Air New Zealand Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 2.14
Dividend & YieldN/A$ (N/A)
Beta 1.76
Market capitalization 1.09B
Operating cash flow 499M
ESG Scores unknown

Company description

Air New Zealand Limited provides passenger and cargo transportation services on scheduled airlines primarily in New Zealand, Australia, the Pacific Islands, the United Kingdom, Europe, Asia, and the United States. The company also offers ground handling services; engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; aviation services; and aircraft leasing and financing services. As of June 30, 2021, it operated a fleet of 7 Boeing 777-300ER, 8 Boeing 777-200ER, 14 Boeing 787-9 Dreamliner, 11 Airbus A320/321NEO, 20 Airbus A320CEO, 28 ATR 72-600, and 23 Bombardier Q300 aircrafts. The company was formerly known as Tasman Empire Airways Limited and changed its name to Air New Zealand Limited in April 1965. Air New Zealand Limited was incorporated in 1940 and is based in Auckland, New Zealand.

Sector: Industrials - Industry: Airlines

Financial Ratios
Quick Ratio0.31
Working Capital0.19
Return On Equity-0.26
Debt To Equity0.93
Fixed Asset Ratio0.04
Fixed Interest Cover-4.03

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities 146M 65M -253M -127M
Total Cashflows From Investing Activities -778M -883M -542M -182M
Net Borrowings 18M -175M -234M -129M
Total Cash From Financing Activities -279M -391M -305M -313M
Change To Operating Activities -27M 111M -237M 94M
Issuance Of Stock
Net Income 390M 276M -454M -289M
Change In Cash -26M -288M -617M -172M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.03B 986M 230M 323M
Depreciation 486M 511M 794M 667M
Change To Account Receivables
Other Cashflows From Financing Activities -37M 44M 59M -184M
Change To Netincome -3M -20M 333M -71M
Capital Expenditures -809M -821M -615M -231M

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax 540M 382M -628M -411M
Net Income 390M 276M -454M -289M
Selling General Administrative 344M 350M 261M 80M
Gross Profit 1.71B 1.52B 1.34B 685M
Ebit 559M 328M -76M -351M
Operating Income 559M 328M -76M -351M
Interest Expense -60M -70M -96M -87M
Income Tax Expense 150M 106M -174M -122M
Total Revenue 5.5B 5.79B 4.83B 2.51B
Cost Of Revenue 3.79B 4.26B 3.49B 1.83B
Total Other Income ExpenseNet -19M 54M -552M -60M
Net Income From Continuing Ops 390M 276M -454M -289M
Net Income Applicable To Common Shares 390M 276M -454M -289M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 5.67B 5.63B 6.22B 5.59B
Total Stockholder Equity 2.18B 1.99B 1.32B 1.1B
Other Current Liabilities 1.44B 1.54B 1.08B 767M
Total Assets 7.85B 7.62B 7.54B 6.69B
Common Stock 2.22B 2.21B 2.2B 2.2B
Other Current Assets 209M 68M 81M 142M
Retained Earnings -103M -184M -757M -1.04B
Treasury Stock 63M -30M -122M -50M
Cash 61M 132M 130M 44M
Total Current Liabilities 2.7B 2.67B 2.1B 2.35B
Other Stockholder Equity 63M -30M -122M -50M
Property, Plant, and Equipment 5.04B 5.13B 5.69B 5.12B
Total Current Assets 2.25B 1.8B 1.01B 826M
Net Tangible Assets 2.01B 1.81B 1.13B 926M
Net Receivables 474M 476M 339M 266M
Accounts Payable 562M 585M 322M 524M


Insider Transactions

Here are the insider transactions of stock shares related to Air New Zealand Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Air New Zealand Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Air New Zealand Limited

Here is the result of two systematic investment strategies applied to Air New Zealand Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Air New Zealand Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Air New Zealand Limited:

Air New Zealand Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -35.52% on the backtest period.

Performance at glance

Performance

-35.52 %

Latent gain

-799.89 $

Invested capital

2251.98 $

Annualized return

-8.66 %
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Momentum strategy results on Air New Zealand Limited

This is the result of two momentum investment strategies applied to Air New Zealand Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Air New Zealand Limited

The following chart shows all the entries opened by the momentum investment system on Air New Zealand Limited:

Air New Zealand Limited momentum entries
  • The first momentum investment strategy would give -35.96% of return on Air New Zealand Limited. That represents -1528.94$ of latent gain with 4251.24$ of employed capital.
  • The second momentum investment strategy would give -36.22% of return on Air New Zealand Limited. That represents -1268.3$ of latent gain with 3501.73$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-35.96 %

Latent gain

-1528.94 $

Invested capital

4251.24 $

Annualized return

-15.15 %
Performance at glance (2Q Momentum)

Performance

-36.22 %

Latent gain

-1268.3 $

Invested capital

3501.73 $

Annualized return

-10.01 %

Momentum equity curve on Air New Zealand Limited

The following chart shows the equity curve of the two momentum strategies applied to Air New Zealand Limited:

Air New Zealand Limited momentum equity

Note: the dividends potentially given by Air New Zealand Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Air New Zealand Limited

The following chart shows the employed capital evolution of the two momentum strategies on Air New Zealand Limited since the beginning:

Air New Zealand Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Air New Zealand Limited

Buy the dip entry openings on Air New Zealand Limited

Air New Zealand Limited

The performance achieved by the robo-advisor on Air New Zealand Limited is -31.82%. That represents -397.24$ of latent gain with 1248.41$ of employed capital. The following chart shows Air New Zealand Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Air New Zealand Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-31.82 %

Latent gain

-397.24 $

Invested capital

1248.41 $

Annualized return

-15.15 %

Equity curve of the strategy applied to Air New Zealand Limited

The following chart shows the result of the investment strategy applied to Air New Zealand Limited:

Air New Zealand Limited

Note: the dividends potentially given by Air New Zealand Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Air New Zealand Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Air New Zealand Limited:

Air New Zealand Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Air New Zealand Limited

In this section, I will compare the three previous investment strategies applied to Air New Zealand Limited.

Equity curve comparison on Air New Zealand Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Air New Zealand Limited investment strategy comparison

Employed capital comparison on Air New Zealand Limited

Air New Zealand Limited investment comparison

Performance comparison on Air New Zealand Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -35.52% -799.89$ 2251.98$ -8.66%
Momentum 1 quarter -35.96% -1528.94$ 4251.24$ -9.32%
Momentum 2 quarters -36.22% -1268.3$ 3501.73$ -10.01%
Non-directional -31.82% -397.24$ 1248.41$ -15.15%
Annualized return comparison

Automatic investment

-8.66 %

Momentum 1Q

-10.01 %

Momentum 2Q

-10.01 %

Non-directional

-15.15 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Air New Zealand Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Air New Zealand Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Air New Zealand Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Air New Zealand Limited
Country New Zealand
City Auckland
Address Air New Zealand House
Phone 64 9 336 2400
Website www.airnewzealand.co.nz
FullTime employees 8000
Industry Airlines
Sector Industrials
Exchange XASX
Ticker AIZ.XASX
Market www2.asx.com.au

Air New Zealand Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown