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Interest in joint ventures (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of joint ventures [line items]  
Summary of Principal Joint Ventures
 
  
2019
 
  
2018
 
 
  
RMB million
 
  
RMB million
 
Share of net assets
  
 
3,124
 
  
 
2,812
 
 
  
 
 
 
  
 
 
 
All the Group’s joint ventures are unlisted without quoted market price. The particulars of the Group’s principal joint ventures as at December 31, 2019 are as follows:
 
 
  
 
 
  
 
 
 
Proportion of ownership
interest held by
 
  
 
 
 
 
 
  
Place of
establishment/
operation
 
  
Group’s
effective
interest
 
 
The
Company
 
 
Subsidiaries
 
  
Proportion
of voting
rights held
by the Group
 
 
Principal activity
Guangzhou Aircraft Maintenance Engineering Co., Ltd. (“GAMECO”)
  
 
PRC
 
  
 
50
 
 
50
 
 
—  
 
  
 
50
 
Aircraft repair and maintenance services
MTU Maintenance Zhuhai Co. Ltd. (“MTU”)
  
 
PRC
 
  
 
50
 
 
50
 
 
—  
 
  
 
50
 
Aircraft repair and maintenance services
Aggregated individually immaterial joint ventures [member]  
Disclosure of joint ventures [line items]  
Summarized Financial Information
The Group has interest in a number of individually immaterial joint ventures that are accounted for using the equity method. The aggregate financial information of these joint ventures is summarized as follows:
 
 
  
2019
 
  
2018
 
  
2017
 
 
  
RMB
million
 
  
RMB
million
 
  
RMB
million
 
Aggregate carrying amount of individually immaterial joint ventures
  
 
3,124
 
  
 
2,812
 
  
 
1,015
 
Aggregate amounts of the Group’s share of:
  
   
  
   
  
   
Profit from continuing operations and total comprehensive income
  
 
365
 
  
 
200
 
  
 
99