Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Hainan Airlines Holding Co's Debt-to-EBITDA or its related term are showing as below:
SHSE:600221'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.57 Med: 5.87 Max: 17.34
Current: 16.2
During the past 13 years, the highest Debt-to-EBITDA Ratio of Hainan Airlines Holding Co was 17.34. The lowest was -8.57. And the median was 5.87.
SHSE:600221's Debt-to-EBITDA is ranked worse than 94.85% of 873
companies
in the Transportation industry
Industry Median: 2.62
vs SHSE:600221: 16.20
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Hainan Airlines Holding Co Debt-to-EBITDA Related Terms
Hainan Airlines Holding Co Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SHSE:600221 vs DAL, UAL, LUV: Debt-to-EBITDA Comparison
For the Airlines subindustry, Hainan Airlines Holding Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hainan Airlines Holding Co Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Hainan Airlines Holding Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hainan Airlines Holding Co's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Hainan Airlines Holding Co (SHSE:600221) has a Debt-to-EBITDA of -43.65 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hainan Airlines Holding Co. According to the industry distribution chart, Hainan Airlines Holding Co ranks #828 out of 873 companies in the Transportation industry, placing it in the top 94.8%.
Is Hainan Airlines Holding Co's Debt-to-EBITDA too high?
Hainan Airlines Holding Co's current Debt-to-EBITDA is -43.65. Based on the distribution chart, Hainan Airlines Holding Co ranks #828 out of 873 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Hainan Airlines Holding Co has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Airlines Holding Co's Debt-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Hainan Airlines Holding Co ranks #828 out of 873 companies for Debt-to-EBITDA. This places Hainan Airlines Holding Co in the lower half of its industry. The industry median Debt-to-EBITDA is 2.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.62, based on 873 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hainan Airlines Holding Co. For the Transportation industry, the median Debt-to-EBITDA is 2.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Airlines Holding Co's current Debt-to-EBITDA is -43.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Airlines Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Airlines Holding Co (SHSE:600221) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥1.80, compared to a current price of ¥1.30 — trading 27.8% below its estimated fair value. The current Debt-to-EBITDA is -43.65. Hainan Airlines Holding Co's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Hainan Airlines Holding Co (SHSE:600221), the current Debt-to-EBITDA is -43.65 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hainan Airlines Holding Co (SHSE:600221) Overvalued in 2026?
Based on GuruFocus' analysis, Hainan Airlines Holding Co stock appears to be undervalued.
The current stock price of ¥1.30 is trading 27.8% below its estimated GF Value™ of ¥1.80.
GuruFocus considers Hainan Airlines Holding Co to be Modestly Undervalued.
Key valuation signals for SHSE:600221:
Debt-to-EBITDA: -43.65
GF Value™: ¥1.80 vs. price of ¥1.30 (27.8% below fair value)
No single metric tells the full story. See the SHSE:600221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hainan Airlines Holding Co Ltd is an airline company. The company is engaged in operating approved domestic air passenger and cargo transportation business, as well as business charter flight business to neighboring countries and regions. It is also engaged in the production of in-flight supplies, aviation equipment, aviation ground equipment and spare parts, terminal services and operations, and provides insurance agency services.
63GF Score
Get the complete analysis for SHSE:600221
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600221 has been successfully added to your 
