Hainan Airlines Holding Co (SHSE:600221) Interest Coverage: 1.73 (As of Mar. 2026) — 68% Above Median


SHSE:600221 Hainan Airlines Holding Co Ltd SHSE:600221
68 GF Score
Price ¥1.37
GF Value ¥1.80
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hainan Airlines Holding Co Interest Coverage?

Hainan Airlines Holding Co SHSE:600221 68 Interest Coverage is 1.73 as of Mar. 2026, which is 68% above its 10-year median of 1.03. GuruFocus rates SHSE:600221 with a GF Score™ of 68/100 and a GF Value™ of ¥1.80 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 838 Transportation companies, Hainan Airlines Holding Co ranks worse than 89.26% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Hainan Airlines Holding Co's Operating Income for the three months ended in Mar. 2026 was ¥1,662 Mil. Hainan Airlines Holding Co's Interest Expense for the three months ended in Mar. 2026 was ¥-963 Mil. Hainan Airlines Holding Co's interest coverage for the quarter that ended in Mar. 2026 was 1.73. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hainan Airlines Holding Co Ltd interest coverage is 1.2, which is low.

The historical rank and industry rank for Hainan Airlines Holding Co's Interest Coverage or its related term are showing as below:

SHSE:600221' s Interest Coverage Range Over the Past 10 Years
Min: 0.45   Med: 1.03   Max: 2.06
Current: 1.2


SHSE:600221's Interest Coverage is ranked worse than
89.26% of 838 companies
in the Transportation industry
Industry Median: 5.67 vs SHSE:600221: 1.20

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Hainan Airlines Holding Co  (SHSE:600221) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Hainan Airlines Holding Co Interest Coverage Related Terms


Hainan Airlines Holding Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hainan Airlines Holding Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Hainan Airlines Holding Co Interest Coverage Chart

Hainan Airlines Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.03 0.83 1.04

Hainan Airlines Holding Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 1.07 0.64 3.35 0.00 1.73

SHSE:600221 vs DAL, UAL, LUV: Interest Coverage Comparison

For the Airlines subindustry, Hainan Airlines Holding Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Hainan Airlines Holding Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hainan Airlines Holding Co's Interest Coverage falls into.


SHSE:600221
68GF Score
Hainan Airlines Holding Co Ltd SHSE:600221
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hainan Airlines Holding Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hainan Airlines Holding Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Hainan Airlines Holding Co's Interest Expense was ¥-4,032 Mil. Its Operating Income was ¥4,191 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥86,012 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4191.439/-4032.438
=1.04

Hainan Airlines Holding Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Hainan Airlines Holding Co's Interest Expense was ¥-963 Mil. Its Operating Income was ¥1,662 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥84,694 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1662.232/-962.804
=1.73

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.73 mean?
Hainan Airlines Holding Co (SHSE:600221) has a Interest Coverage of 1.73 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hainan Airlines Holding Co and its competitors. This is 68% above median its historical median of 1.03. Over the past decade, Hainan Airlines Holding Co's Interest Coverage has ranged from 0.45 to 2.06. According to the industry distribution chart, Hainan Airlines Holding Co ranks #748 out of 838 companies in the Transportation industry, placing it in the top 89.3%.
Is Hainan Airlines Holding Co's Interest Coverage too high?
Hainan Airlines Holding Co's current Interest Coverage of 1.73 is 68% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.06. The Transportation industry median Interest Coverage is 5.67. Hainan Airlines Holding Co's value of 1.73 is 69.5% below this industry median. Based on the distribution chart, Hainan Airlines Holding Co ranks #748 out of 838 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Hainan Airlines Holding Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Airlines Holding Co's Interest Coverage compare to DAL and UAL?
According to the Transportation industry distribution chart, Hainan Airlines Holding Co ranks #748 out of 838 companies for Interest Coverage. This places Hainan Airlines Holding Co in the lower half of its industry. The industry median Interest Coverage is 5.67. Hainan Airlines Holding Co's value of 1.73 is 69.5% below this benchmark. Historically, Hainan Airlines Holding Co's own Interest Coverage has ranged from 0.45 to 2.06 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 5.67, Hainan Airlines Holding Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.67, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hainan Airlines Holding Co's current Interest Coverage of 1.73 is 69.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hainan Airlines Holding Co and its competitors. For the Transportation industry, the median Interest Coverage is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Airlines Holding Co's current Interest Coverage is 1.73, which is 68% above median its own 10-year median of 1.03. 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 ¥1.37 — trading 23.9% below its estimated fair value. The current Interest Coverage is 1.73, which is 68% above median its 10-year median of 1.03 and 69.5% below the Transportation industry median of 5.67. Hainan Airlines Holding Co's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Hainan Airlines Holding Co (SHSE:600221), the current Interest Coverage is 1.73 as of Mar. 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 ¥1.37 is trading 23.9% below its estimated GF Value™ of ¥1.80. GuruFocus considers Hainan Airlines Holding Co to be Modestly Undervalued.

Key valuation signals for SHSE:600221:

  • Interest Coverage: 1.73 (68% above median its 10-year median of 1.03)
  • GF Value™: ¥1.80 vs. price of ¥1.37 (23.9% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 69.5% below the Transportation median (#748 of 838)

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 Business Description

Other Exchanges 900945:China
Address No. 9 Meilan Airport Road, Building 21, Comprehensive Office Building, Hainan Airlines Haikou Meilan Base, Meilan District, Hainan Province, Haikou, CHN, 571126
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.
68GF Score

Get the complete analysis for SHSE:600221

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

¥1.37
Price
¥1.80
GF Value