Hainan Airlines Holding Co (SHSE:600221) Quick Ratio: 0.69 (As of Mar. 2026) — Near Median


SHSE:600221 Hainan Airlines Holding Co Ltd SHSE:600221
63 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 Quick Ratio?

Hainan Airlines Holding Co SHSE:600221 63 Quick Ratio is 0.69 as of Mar. 2026, which is at its 10-year median of 0.69. GuruFocus rates SHSE:600221 with a GF Score™ of 63/100 and a GF Value™ of ¥1.80 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,001 Transportation companies, Hainan Airlines Holding Co ranks worse than 82.72% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Hainan Airlines Holding Co's quick ratio for the quarter that ended in Mar. 2026 was 0.69.

Hainan Airlines Holding Co has a quick ratio of 0.69. It indicates that the company cannot currently fully pay back its current liabilities.

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

SHSE:600221' s Quick Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.69   Max: 1.45
Current: 0.69

During the past 13 years, Hainan Airlines Holding Co's highest Quick Ratio was 1.45. The lowest was 0.35. And the median was 0.69.

SHSE:600221's Quick Ratio is ranked worse than
82.72% of 1001 companies
in the Transportation industry
Industry Median: 1.35 vs SHSE:600221: 0.69

Hainan Airlines Holding Co  (SHSE:600221) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Hainan Airlines Holding Co Quick Ratio Related Terms


Hainan Airlines Holding Co Quick Ratio Historical Data

* Premium members only.

The historical data trend for Hainan Airlines Holding Co's Quick Ratio 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 Airlines Holding Co Quick Ratio Chart

Hainan Airlines Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 0.69 0.78 0.75 0.69

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
Quick Ratio 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 0.77 0.78 0.84 0.69 0.69

SHSE:600221 vs DAL, UAL, LUV: Quick Ratio Comparison

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

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

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


SHSE:600221
63GF Score
Hainan Airlines Holding Co Ltd SHSE:600221
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Hainan Airlines Holding Co Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(33551.729-2347.361)/45435.306
=0.69

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(32016.965-2525.475)/42581.475
=0.69

* 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 Quick Ratio →
What does a Quick Ratio of 0.69 mean?
Hainan Airlines Holding Co (SHSE:600221) has a Quick Ratio of 0.69 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hainan Airlines Holding Co and its competitors. This is near median its historical median of 0.69. Over the past decade, Hainan Airlines Holding Co's Quick Ratio has ranged from 0.35 to 1.45. According to the industry distribution chart, Hainan Airlines Holding Co ranks #828 out of 1001 companies in the Transportation industry, placing it in the top 82.7%.
Is Hainan Airlines Holding Co's Quick Ratio too high?
Hainan Airlines Holding Co's current Quick Ratio of 0.69 is near median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.45. The Transportation industry median Quick Ratio is 1.35. Hainan Airlines Holding Co's value of 0.69 is 48.9% below this industry median. Based on the distribution chart, Hainan Airlines Holding Co ranks #828 out of 1001 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 Quick Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Hainan Airlines Holding Co ranks #828 out of 1001 companies for Quick Ratio. This places Hainan Airlines Holding Co in the lower half of its industry. The industry median Quick Ratio is 1.35. Hainan Airlines Holding Co's value of 0.69 is 48.9% below this benchmark. Historically, Hainan Airlines Holding Co's own Quick Ratio has ranged from 0.35 to 1.45 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.35, 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 Quick Ratio for a Transportation company?
The median Quick Ratio among Transportation companies is 1.35, based on 1,001 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hainan Airlines Holding Co's current Quick Ratio of 0.69 is 48.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Hainan Airlines Holding Co and its competitors. For the Transportation industry, the median Quick Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Airlines Holding Co's current Quick Ratio is 0.69, which is near median its own 10-year median of 0.69. 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 Quick Ratio is 0.69, which is near median its 10-year median of 0.69 and 48.9% below the Transportation industry median of 1.35. Hainan Airlines Holding Co's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Hainan Airlines Holding Co (SHSE:600221), the current Quick Ratio is 0.69 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:

  • Quick Ratio: 0.69 (near median its 10-year median of 0.69)
  • GF Value™: ¥1.80 vs. price of ¥1.37 (23.9% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 48.9% below the Transportation median (#828 of 1001)

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.
63GF Score

Get the complete analysis for SHSE:600221

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

¥1.37
Price
¥1.80
GF Value