Hainan Airlines Holding Co Ltd banner

Hainan Airlines Holding Co Ltd
SSE:600221

Watchlist Manager
Hainan Airlines Holding Co Ltd Logo
Hainan Airlines Holding Co Ltd
SSE:600221
Watchlist
Price: 1.44 CNY -0.69%
Market Cap: ¥62.2B

EV/S

2.1
Current
8%
Cheaper
vs 3-y average of 2.3

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.1
=
Enterprise Value
¥151.6B
/
Revenue
¥66.9B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.1
=
Enterprise Value
¥151.6B
/
Revenue
¥66.9B

Valuation Scenarios

Hainan Airlines Holding Co Ltd is trading below its 3-year average

If EV/S returns to its 3-Year Average (2.3), the stock would be worth ¥1.57 (9% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-8%
Maximum Upside
+58%
Average Upside
18%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 2.1 ¥1.44
0%
3-Year Average 2.3 ¥1.57
+9%
5-Year Average 2.3 ¥1.61
+12%
Industry Average 1.9 ¥1.33
-8%
Country Average 3.3 ¥2.27
+58%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
¥151.6B
/
Oct 2025
¥66.9B
=
2.1
Current
¥151.6B
/
Dec 2025
¥70.3B
=
2.2
Forward
¥151.6B
/
Dec 2026
¥77.7B
=
2
Forward
¥151.6B
/
Dec 2027
¥84.9B
=
1.8
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

In line with most companies in China
Percentile
35th
Based on 7 593 companies
35th percentile
2.1
Low
0 — 1.7
Typical Range
1.7 — 6.2
High
6.2 —
Distribution Statistics
China
Min 0
30th Percentile 1.7
Median 3.3
70th Percentile 6.2
Max 5 034 353.9

Hainan Airlines Holding Co Ltd
Glance View

Market Cap
62.2B CNY
Industry
Airlines

Hainan Airlines Holding Co., Ltd., nestled within the lush landscapes of China's Hainan province, has crafted a narrative of ascension that mirrors its humble beginnings as a local airline to its impressive stature as a significant player in the global aviation industry. Emerging from the tropical island in 1993, the airline embarked on a journey of expansion that saw it navigate the complexities of China's burgeoning air travel market with strategic precision. It was the visionary leadership inspired by a broader economic reform ethos that propelled its rise. Hainan Airlines stands tall as a subsidiary of the sprawling HNA Group, reflecting an intricate weave of aviation and logistics that stretches beyond simple air travel. With a fleet incorporating over 300 aircraft, the company's reach extends to more than 90 domestic and international destinations, making it a conduit of cultural and economic exchange across continents. Hainan Airlines monetizes its operations primarily through passenger services, interwoven with cargo transport that complements its income streams. Unlike airlines content with conventional narratives, Hainan audaciously pursued international alliances and adopted modern aircraft technologies to enhance fuel efficiency and passenger comfort — a dual focus that appeals to both the environmentally conscious traveler and the discerning globetrotter. It supplements this with ancillary revenue streams, including in-flight services and a loyalty program, which not only cultivate passenger loyalty but also fortify its financial foundation. This multimodal approach, balanced by its strategic geographic location in China’s Special Economic Zone, positions Hainan Airlines not just as a carrier, but as a gateway connecting the dynamic economies of the East and West. Through these avenues, it turns the vast skies into pathways of prosperity, offering a narrative where ambition meets possibility, every day.

Intrinsic Value
2.66 CNY
Undervaluation 46%
Intrinsic Value
Price ¥1.44
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett