Hainan Airlines Co Ltd A

SHG:600221 China Airlines
Market Cap
$9.05 Billion
CN¥66.41 Billion CNY
Market Cap Rank
#2840 Global
#206 in China
Share Price
CN¥1.55
Change (1 day)
+0.00%
52-Week Range
CN¥1.30 - CN¥1.90
All Time High
CN¥4.19
Categories
Companies in China Airlines
About

Hainan Airlines Holding Co., Ltd. provides passenger and cargo air transportation services in the People's Republic of China and Internationally. It also offers german rail and pet cabin care services; business ticket packages; seat selection, prepaid baggage, upgrade air meals, and insurance products. The company operates 1,400 domestic and international routes, including nearly 1,300 domestic r… Read more

Hainan Airlines Co Ltd A (600221) - Net Assets

Latest net assets as of September 2025: CN¥4.79 Billion CNY

Based on the latest financial reports, Hainan Airlines Co Ltd A (600221) has net assets worth CN¥4.79 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥149.57 Billion) and total liabilities (CN¥144.78 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.79 Billion
% of Total Assets 3.2%
Annual Growth Rate 4.6%
5-Year Change N/A
10-Year Change -96.0%
Growth Volatility 66.32

Hainan Airlines Co Ltd A - Net Assets Trend (1994–2024)

This chart illustrates how Hainan Airlines Co Ltd A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hainan Airlines Co Ltd A (1994–2024)

The table below shows the annual net assets of Hainan Airlines Co Ltd A from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.54 Billion -2.28%
2023-12-31 CN¥1.58 Billion +243.76%
2022-12-31 CN¥458.85 Million -95.82%
2021-12-31 CN¥10.97 Billion +149.28%
2020-12-31 CN¥-22.25 Billion -135.83%
2019-12-31 CN¥62.11 Billion -9.66%
2018-12-31 CN¥68.75 Billion -7.04%
2017-12-31 CN¥73.96 Billion +8.96%
2016-12-31 CN¥67.88 Billion +76.01%
2015-12-31 CN¥38.56 Billion +21.56%
2014-12-31 CN¥31.72 Billion +24.29%
2013-12-31 CN¥25.52 Billion +6.75%
2012-12-31 CN¥23.91 Billion +64.09%
2011-12-31 CN¥14.57 Billion +8.42%
2010-12-31 CN¥13.44 Billion +87.03%
2009-12-31 CN¥7.19 Billion +7.78%
2008-12-31 CN¥6.67 Billion -20.97%
2007-12-31 CN¥8.44 Billion +8.66%
2006-12-31 CN¥7.76 Billion +124.14%
2005-12-31 CN¥3.46 Billion +62.00%
2004-12-31 CN¥2.14 Billion +14.92%
2003-12-31 CN¥1.86 Billion -44.64%
2002-12-31 CN¥3.36 Billion +3.41%
2001-12-31 CN¥3.25 Billion +49.59%
2000-12-31 CN¥2.17 Billion +5.09%
1999-12-31 CN¥2.07 Billion +92.49%
1998-12-31 CN¥1.07 Billion +10.74%
1997-12-31 CN¥970.02 Million +45.42%
1996-12-31 CN¥667.04 Million +62.95%
1995-12-31 CN¥409.36 Million +2.29%
1994-12-31 CN¥400.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hainan Airlines Co Ltd A'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 decreased by 98427.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥43.22 Billion 1901.34%
Other Comprehensive Income CN¥2.78 Billion 122.10%
Other Components CN¥33.65 Billion 1480.45%
Total Equity CN¥2.27 Billion 100.00%

Hainan Airlines Co Ltd A Competitors by Market Cap

The table below lists competitors of Hainan Airlines Co Ltd A ranked by their market capitalization.

Company Market Cap
Cleveland-Cliffs Inc
NYSE:CLF
 		$4.84 Billion
Allfunds Group Ltd
AS:ALLFG
 		$4.84 Billion
Trelleborg AB ser. B
LSE:0NL3
 		$4.84 Billion
Uipath Inc
NYSE:PATH
 		$4.84 Billion
Hyundai Engineering & Construction
KO:000720
 		$4.83 Billion
True Corporation Public Company Limited
PINK:TCPFF
 		$4.83 Billion
Posco Chemical Co Ltd
KO:003670
 		$4.82 Billion
Protagonist Therapeutics Inc
NASDAQ:PTGX
 		$4.82 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hainan Airlines Co Ltd A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,309,965,000 to 2,272,906,000, a change of -37,059,000 (-1.6%).
  • Net loss of 921,216,000 reduced equity.
  • Dividend payments of 1,769,038,000 reduced retained earnings.
  • Other comprehensive income increased equity by 797,117,000.
  • Other factors increased equity by 1,856,078,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-921.22 Million -40.53%
Dividends Paid CN¥1.77 Billion -77.83%
Other Comprehensive Income CN¥797.12 Million +35.07%
Other Changes CN¥1.86 Billion +81.66%
Total Change CN¥- -1.60%

Book Value vs Market Value Analysis

This analysis compares Hainan Airlines Co Ltd A'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: 29.92x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 21.53x to 29.92x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.07 CN¥1.55 x
1995-12-31 CN¥0.07 CN¥1.55 x
1996-12-31 CN¥0.12 CN¥1.55 x
1997-12-31 CN¥0.17 CN¥1.55 x
1998-12-31 CN¥0.19 CN¥1.55 x
1999-12-31 CN¥0.36 CN¥1.55 x
2000-12-31 CN¥0.39 CN¥1.55 x
2001-12-31 CN¥0.39 CN¥1.55 x
2002-12-31 CN¥0.43 CN¥1.55 x
2003-12-31 CN¥0.20 CN¥1.55 x
2004-12-31 CN¥0.26 CN¥1.55 x
2005-12-31 CN¥0.49 CN¥1.55 x
2006-12-31 CN¥1.26 CN¥1.55 x
2007-12-31 CN¥1.04 CN¥1.55 x
2008-12-31 CN¥0.87 CN¥1.55 x
2009-12-31 CN¥0.88 CN¥1.55 x
2010-12-31 CN¥1.53 CN¥1.55 x
2011-12-31 CN¥1.76 CN¥1.55 x
2012-12-31 CN¥2.18 CN¥1.55 x
2013-12-31 CN¥2.08 CN¥1.55 x
2014-12-31 CN¥2.36 CN¥1.55 x
2015-12-31 CN¥2.74 CN¥1.55 x
2016-12-31 CN¥3.74 CN¥1.55 x
2017-12-31 CN¥3.16 CN¥1.55 x
2018-12-31 CN¥3.43 CN¥1.55 x
2019-12-31 CN¥3.10 CN¥1.55 x
2020-12-31 CN¥-1.69 CN¥1.55 x
2021-12-31 CN¥0.26 CN¥1.55 x
2022-12-31 CN¥0.03 CN¥1.55 x
2023-12-31 CN¥0.05 CN¥1.55 x
2024-12-31 CN¥0.05 CN¥1.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hainan Airlines Co Ltd A 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): -40.53%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.41%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 62.35x
  • Recent ROE (-40.53%) is above the historical average (-52.90%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 21.78% 22.41% 0.25x 3.89x CN¥47.14 Million
1995 19.84% 16.64% 0.25x 4.77x CN¥40.26 Million
1996 20.11% 14.39% 0.37x 3.78x CN¥66.18 Million
1997 12.54% 10.17% 0.40x 3.08x CN¥24.50 Million
1998 9.42% 7.39% 0.37x 3.41x CN¥-6.21 Million
1999 6.70% 7.51% 0.27x 3.26x CN¥-66.88 Million
2000 7.62% 7.12% 0.23x 4.75x CN¥-51.02 Million
2001 4.59% 3.08% 0.22x 6.87x CN¥-118.10 Million
2002 7.51% 3.60% 0.26x 8.04x CN¥-60.06 Million
2003 -113.70% -23.79% 0.23x 20.70x CN¥-1.38 Billion
2004 6.35% 1.08% 0.33x 17.73x CN¥-52.22 Million
2005 -7.96% -2.14% 0.33x 11.31x CN¥-487.12 Million
2006 2.60% 1.46% 0.35x 5.11x CN¥-517.46 Million
2007 8.50% 4.80% 0.34x 5.20x CN¥-114.65 Million
2008 -23.19% -10.51% 0.28x 7.86x CN¥-2.04 Billion
2009 5.11% 2.15% 0.26x 9.06x CN¥-320.21 Million
2010 24.18% 13.89% 0.30x 5.74x CN¥1.77 Billion
2011 18.18% 10.02% 0.32x 5.62x CN¥1.18 Billion
2012 8.10% 6.68% 0.31x 3.90x CN¥-451.97 Million
2013 8.50% 6.49% 0.32x 4.06x CN¥-382.25 Million
2014 9.04% 7.19% 0.30x 4.26x CN¥-273.99 Million
2015 8.97% 8.52% 0.28x 3.74x CN¥-345.46 Million
2016 5.61% 7.71% 0.27x 2.65x CN¥-2.46 Billion
2017 5.77% 5.55% 0.30x 3.43x CN¥-2.44 Billion
2018 -6.71% -5.30% 0.33x 3.82x CN¥-8.94 Billion
2019 0.99% 0.72% 0.37x 3.77x CN¥-4.70 Billion
2020 0.00% -217.69% 0.18x 0.00x CN¥-61.17 Billion
2021 55.61% 13.88% 0.24x 16.87x CN¥3.87 Billion
2022 -1738.86% -88.55% 0.17x 118.62x CN¥-20.36 Billion
2023 13.46% 0.53% 0.44x 58.02x CN¥79.86 Million
2024 -40.53% -1.41% 0.46x 62.35x CN¥-1.15 Billion

Industry Comparison

This section compares Hainan Airlines Co Ltd A's net assets metrics with peer companies in the Airlines industry.

Industry Context

  • Industry: Airlines
  • Average net assets among peers: $35,748,198,763
  • Average return on equity (ROE) among peers: -3.01%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hainan Airlines Co Ltd A (600221) CN¥4.79 Billion 21.78% 30.21x $4.83 Billion
Spring Airlines Co Ltd (601021) $2.74 Billion 26.69% 1.79x $2.78 Billion
Air China Ltd Class A (601111) $94.93 Billion 7.63% 1.48x $5.24 Billion
Juneyao Airlines (603885) $9.57 Billion -43.34% 3.72x $1.45 Billion