Hainan Meilan International Airport Company Limited (HAO) - Net Assets

Latest as of June 2025: €4.01 Billion EUR ≈ $4.69 Billion USD

Based on the latest financial reports, Hainan Meilan International Airport Company Limited (HAO) has net assets worth €4.01 Billion EUR (≈ $4.69 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.62 Billion ≈ $12.42 Billion USD) and total liabilities (€6.62 Billion ≈ $7.73 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HAO asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€4.01 Billion
% of Total Assets	37.73%
Annual Growth Rate	3.87%
5-Year Change	6.32%
10-Year Change	24.6%
Growth Volatility	12.46

Hainan Meilan International Airport Company Limited - Net Assets Trend (2013–2024)

This chart illustrates how Hainan Meilan International Airport Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Hainan Meilan International Airport Comp's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Hainan Meilan International Airport Company Limited (2013–2024)

The table below shows the annual net assets of Hainan Meilan International Airport Company Limited from 2013 to 2024. For live valuation and market cap data, see Hainan Meilan International Airport Comp stock valuation.

Year	Net Assets	Change
2024-12-31	€4.05 Billion ≈ $4.74 Billion	-4.40%
2023-12-31	€4.24 Billion ≈ $4.95 Billion	-3.83%
2022-12-31	€4.41 Billion ≈ $5.15 Billion	-3.49%
2021-12-31	€4.57 Billion ≈ $5.34 Billion	+19.83%
2020-12-31	€3.81 Billion ≈ $4.45 Billion	-26.05%
2019-12-31	€5.15 Billion ≈ $6.02 Billion	+12.70%
2018-12-31	€4.57 Billion ≈ $5.35 Billion	+11.73%
2017-12-31	€4.09 Billion ≈ $4.78 Billion	+9.77%
2016-12-31	€3.73 Billion ≈ $4.36 Billion	+14.65%
2015-12-31	€3.25 Billion ≈ $3.80 Billion	+12.45%
2014-12-31	€2.89 Billion ≈ $3.38 Billion	+8.32%
2013-12-31	€2.67 Billion ≈ $3.12 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Hainan Meilan International Airport Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 55.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	€2.29 Billion	56.51%
Other Components	€1.77 Billion	43.49%
Total Equity	€4.06 Billion	100.00%

Hainan Meilan International Airport Company Limited Competitors by Market Cap

The table below lists competitors of Hainan Meilan International Airport Company Limited ranked by their market capitalization.

Company	Market Cap
Devyser Diagnostics AB ST:DVYSR	$168.47 Million
Syscom Computer Engineering Co TW:2453	$168.55 Million
TK Chemical Corporation KQ:104480	$168.78 Million
Groupe Partouche SA PA:PARP	$168.81 Million
Duxton Water Ltd AU:D2O	$168.40 Million
Range Capital Acquisition Corp. Ordinary Shares NASDAQ:RANG	$168.39 Million
Thai Nakarin Hospital Public Company Limited BK:TNH	$168.31 Million
Devsisters corporation KQ:194480	$168.30 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hainan Meilan International Airport Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 4,273,433,949 to 4,059,346,333, a change of -214,087,616 (-5.0%).
Net loss of 381,444,206 reduced equity.
Dividend payments of 87,138,431 reduced retained earnings.
Other factors increased equity by 254,495,021.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	€-381.44 Million	-9.4%
Dividends Paid	€87.14 Million	-2.15%
Other Changes	€254.50 Million	+6.27%
Total Change	€-	-5.01%

Book Value vs Market Value Analysis

This analysis compares Hainan Meilan International Airport Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.07x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	€8.57	€0.64	x
2018-12-31	€9.58	€0.64	x
2019-12-31	€10.80	€0.64	x
2020-12-31	€7.96	€0.64	x
2021-12-31	€9.58	€0.64	x
2022-12-31	€9.32	€0.64	x
2023-12-31	€9.03	€0.64	x
2024-12-31	€8.58	€0.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hainan Meilan International Airport Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -9.40%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -17.57%
• Asset Turnover: 0.20x
• Equity Multiplier: 2.71x
Recent ROE (-9.40%) is below the historical average (4.24%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	12.89%	44.99%	0.13x	2.14x	€76.71 Million
2014	11.61%	37.85%	0.15x	1.99x	€46.26 Million
2015	13.58%	41.26%	0.15x	2.16x	€115.78 Million
2016	10.63%	32.51%	0.15x	2.22x	€23.35 Million
2017	11.95%	32.96%	0.16x	2.24x	€78.93 Million
2018	13.72%	36.51%	0.19x	1.96x	€168.63 Million
2019	11.26%	36.50%	0.14x	2.24x	€64.53 Million
2020	-35.57%	-97.87%	0.12x	2.94x	€-1.72 Billion
2021	16.88%	47.65%	0.14x	2.46x	€311.77 Million
2022	-3.52%	-13.61%	0.11x	2.41x	€-596.24 Million
2023	-3.18%	-6.52%	0.18x	2.66x	€-563.35 Million
2024	-9.40%	-17.57%	0.20x	2.71x	€-787.38 Million

Industry Comparison

This section compares Hainan Meilan International Airport Company Limited's net assets metrics with peer companies in the Airports & Air Services industry.

Industry Context

Industry: Airports & Air Services
Average net assets among peers: $41,501,918,918
Average return on equity (ROE) among peers: 16.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hainan Meilan International Airport Company Limited (HAO)	€4.01 Billion	12.89%	1.65x	$168.46 Million
TAV HAVALIMAN.HLDG ADR/4 (5THA)	$1.43 Billion	17.47%	2.33x	$2.31 Billion
AENA SME UNSP.ADR/1/10 (A440)	$6.64 Billion	13.57%	1.39x	$37.50 Billion
Grupo Aeroportuario del Sureste SAB de CV ADR (AEDA)	$38.77 Billion	14.10%	0.48x	$8.75 Billion
Beijing Capital International Airport Company Limited (BJ1)	$16.21 Billion	8.20%	1.02x	$424.05 Million
Fraport AG (FRA)	$1.82 Billion	6.65%	0.99x	$6.48 Billion
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (G7A)	$9.84 Billion	50.94%	1.57x	$4.42 Billion
Grupo Aeroportuario del Pacífico S.A.B. de C.V (G9N)	$22.85 Billion	8.40%	1.25x	$10.44 Billion
Airports of Thailand Public Company Limited (NYVQ)	$131.69 Billion	15.71%	0.35x	$21.71 Billion
Airports of Thailand Public Company Limited (TX3A)	$144.27 Billion	17.45%	0.30x	$14.39K

About Hainan Meilan International Airport Company Limited

F:HAO Germany Airports & Air Services

Market Cap

$168.46 Million

€144.09 Million EUR

Market Cap Rank

#17178 Global

#1619 in Germany

Share Price

€0.64

Change (1 day)

-3.05%

52-Week Range

€0.62 - €1.23

All Time High

€6.50