Hainan Airlines Co Ltd B
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 B (900945) - Net Assets
Latest net assets as of June 2025: $1.79 Billion USD
Based on the latest financial reports, Hainan Airlines Co Ltd B (900945) has net assets worth $1.79 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 ($142.44 Billion) and total liabilities ($140.66 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 | $1.79 Billion |
| % of Total Assets | 1.26% |
| Annual Growth Rate | -37.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 111.66 |
Hainan Airlines Co Ltd B - Net Assets Trend (2016–2024)
This chart illustrates how Hainan Airlines Co Ltd B'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 B (2016–2024)
The table below shows the annual net assets of Hainan Airlines Co Ltd B from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.54 Billion | -2.28% |
| 2023-12-31 | $1.58 Billion | +243.76% |
| 2022-12-31 | $458.85 Million | -95.82% |
| 2021-12-31 | $10.97 Billion | +149.28% |
| 2020-12-31 | $-22.25 Billion | -135.83% |
| 2019-12-31 | $62.11 Billion | -9.66% |
| 2018-12-31 | $68.75 Billion | -7.04% |
| 2017-12-31 | $73.96 Billion | +8.96% |
| 2016-12-31 | $67.88 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hainan Airlines Co Ltd B'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 609.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $79.64 Billion | 3503.89% |
| Total Equity | $2.27 Billion | 100.00% |
Hainan Airlines Co Ltd B Competitors by Market Cap
The table below lists competitors of Hainan Airlines Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rede D'Or São Luiz S.A.
SA:RDOR3
|
$5.91 Billion |
|
Jerónimo Martins SGPS S.A
PINK:JRONF
|
$5.91 Billion |
|
H & M Hennes & Mauritz AB (publ)
PINK:HMRZF
|
$5.91 Billion |
|
Isuzu Motors Ltd
PINK:ISUZY
|
$5.92 Billion |
|
PCCW Limited
PINK:PCCWY
|
$5.90 Billion |
|
Suzano S.A.
SA:SUZB3
|
$5.90 Billion |
|
CarMax Inc
NYSE:KMX
|
$5.89 Billion |
|
YANGTZE OPT.FIB.AND CAB.H
F:1YO
|
$5.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hainan Airlines Co Ltd B'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 factors increased equity by 2,653,195,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-921.22 Million | -40.53% |
| Dividends Paid | $1.77 Billion | -77.83% |
| Other Changes | $2.65 Billion | +116.73% |
| Total Change | $- | -1.60% |
Book Value vs Market Value Analysis
This analysis compares Hainan Airlines Co Ltd B'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: 4.91x
- 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 0.08x to 4.91x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $3.43 | $0.26 | x |
| 2018-12-31 | $3.19 | $0.26 | x |
| 2019-12-31 | $3.10 | $0.26 | x |
| 2020-12-31 | $-1.69 | $0.26 | x |
| 2021-12-31 | $0.26 | $0.26 | x |
| 2022-12-31 | $0.03 | $0.26 | x |
| 2023-12-31 | $0.05 | $0.26 | x |
| 2024-12-31 | $0.05 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hainan Airlines Co Ltd B 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 (-189.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.61% | 7.71% | 0.27x | 2.65x | $-2.46 Billion |
| 2017 | 5.77% | 5.55% | 0.30x | 3.43x | $-2.44 Billion |
| 2018 | -6.71% | -5.30% | 0.33x | 3.82x | $-8.94 Billion |
| 2019 | 1.04% | 0.75% | 0.37x | 3.77x | $-4.67 Billion |
| 2020 | 0.00% | -217.69% | 0.18x | 0.00x | $-61.17 Billion |
| 2021 | 55.61% | 13.88% | 0.24x | 16.87x | $3.87 Billion |
| 2022 | -1738.86% | -88.55% | 0.17x | 118.62x | $-20.36 Billion |
| 2023 | 13.46% | 0.53% | 0.44x | 58.02x | $79.86 Million |
| 2024 | -40.53% | -1.41% | 0.46x | 62.35x | $-1.15 Billion |
Industry Comparison
This section compares Hainan Airlines Co Ltd B's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $4,604,025,165
- Average return on equity (ROE) among peers: 19.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hainan Airlines Co Ltd B (900945) | $1.79 Billion | 5.61% | 78.66x | $5.90 Billion |
| Spring Airlines Co Ltd (601021) | $8.46 Billion | 14.91% | 1.43x | $2.78 Billion |
| Air China Ltd Class A (601111) | $3.72 Billion | 22.25% | 13.75x | $5.24 Billion |
| Juneyao Airlines (603885) | $1.63 Billion | 20.81% | 2.86x | $1.45 Billion |