Hainan Meilan International Airport Co (FRA:HAO) EBIT: €-18.6 Mil (TTM As of Dec. 2025)


FRA:HAO Hainan Meilan International Airport Co Ltd FRA:HAO
68 GF Score
Price €0.47
GF Value €1.13
Valuation Possible Value Trap
! 5 Warning Signs
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What is Hainan Meilan International Airport Co EBIT?

Hainan Meilan International Airport Co FRA:HAO +2.16% 68 EBIT is €-18.6 Mil as of Dec. 2025. GuruFocus rates FRA:HAO with a GF Score™ of 68/100 and a GF Value™ of €1.13 (Possible Value Trap). The stock has 5 warning signs investors should review.

Hainan Meilan International Airport Co's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €-17.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €-18.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hainan Meilan International Airport Co's annualized ROC % for the quarter that ended in Dec. 2025 was -3.70%. Hainan Meilan International Airport Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -4.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hainan Meilan International Airport Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -3.18%.

Hainan Meilan International Airport Co  (FRA:HAO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Hainan Meilan International Airport Co's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-47.758 * ( 1 - 0% )/( (1327.004 + 1255.126)/ 2 )
=-47.758/1291.065
=-3.70 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1282.782 - 347.595 - ( 61.316 - max(0, 496.315 - 104.498+61.316))
=1327.004

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1202.611 - 285.665 - ( 34.215 - max(0, 418.154 - 79.974+34.215))
=1255.126

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Hainan Meilan International Airport Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-35.328/( ( (834.683 + max(-312.08, 0)) + (782.26 + max(-246.213, 0)) )/ 2 )
=-35.328/( ( 834.683 + 782.26 )/ 2 )
=-35.328/808.4715
=-4.37 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36.365 + 0.124 + 4.536) - (347.595 + 0 + 5.5099999999999)
=-312.08

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.603 + 0.126 + 5.787) - (285.665 + 0 + 4.064)
=-246.213

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hainan Meilan International Airport Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-18.64/586.502
=-3.18 %

* 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.

Hainan Meilan International Airport Co EBIT Related Terms

Hainan Meilan International Airport Co EBIT Historical Data

* Premium members only.

The historical data trend for Hainan Meilan International Airport Co's EBIT can be seen below:

* 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.

Hainan Meilan International Airport Co EBIT Chart

Hainan Meilan International Airport Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.55 -19.99 -8.94 -34.84 -18.64

Hainan Meilan International Airport Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.87 -27.96 -6.20 -0.98 -17.66

FRA:HAO vs JOBY, CAAP: EBIT Comparison

For the Airports & Air Services subindustry, Hainan Meilan International Airport Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Meilan International Airport Co EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Hainan Meilan International Airport Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hainan Meilan International Airport Co's EV-to-EBIT falls into.


FRA:HAO
68GF Score
Hainan Meilan International Airport Co Ltd FRA:HAO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hainan Meilan International Airport Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-18.6 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €-18.6 Mil mean?
Hainan Meilan International Airport Co (FRA:HAO) has a EBIT of €-18.6 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hainan Meilan International Airport Co.
Is Hainan Meilan International Airport Co's EBIT too high?
Hainan Meilan International Airport Co's current EBIT is €-18.6 Mil. Overall, Hainan Meilan International Airport Co has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hainan Meilan International Airport Co's EBIT compare to JOBY and CAAP?
Hainan Meilan International Airport Co's EBIT of €-18.6 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hainan Meilan International Airport Co. Hainan Meilan International Airport Co's current EBIT is €-18.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hainan Meilan International Airport Co stock overvalued right now?
Based on GuruFocus' analysis, Hainan Meilan International Airport Co (FRA:HAO) is currently considered Possible Value Trap. The stock's GF Value™ is €1.13, compared to a current price of €0.47 — trading 58.2% below its estimated fair value. The current EBIT is €-18.6 Mil. Hainan Meilan International Airport Co's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Hainan Meilan International Airport Co (FRA:HAO), the current EBIT is €-18.6 Mil as of Dec. 2025. 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 Meilan International Airport Co (FRA:HAO) Overvalued in 2026?

Based on GuruFocus' analysis, Hainan Meilan International Airport Co stock appears to be undervalued. The current stock price of €0.47 is trading 58.2% below its estimated GF Value™ of €1.13. GuruFocus considers Hainan Meilan International Airport Co to be Possible Value Trap.

Key valuation signals for FRA:HAO:

  • EBIT: €-18.6 Mil
  • GF Value™: €1.13 vs. price of €0.47 (58.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the FRA:HAO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hainan Meilan International Airport Co Business Description

Address Office Building of Meilan Airport, Hainan Province, Haikou, CHN, 571126
Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel, and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport-related business, advertising, car parking, cargo handling, and sales of consumable goods.
68GF Score

Get the complete analysis for FRA:HAO

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.47
Price
€1.13
GF Value