Hainan Airlines Holding Co (SHSE:600221) Research & Development: ¥16 Mil (TTM As of Mar. 2026)


SHSE:600221 Hainan Airlines Holding Co Ltd SHSE:600221
67 GF Score
Price ¥1.38
GF Value ¥1.79
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hainan Airlines Holding Co Research & Development?

Hainan Airlines Holding Co SHSE:600221 -0.72% 67 Research & Development is ¥16 Mil as of Mar. 2026. GuruFocus rates SHSE:600221 with a GF Score™ of 67/100 and a GF Value™ of ¥1.79 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hainan Airlines Holding Co's Research & Development for the three months ended in Mar. 2026 was ¥1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥16 Mil.

Hainan Airlines Holding Co  (SHSE:600221) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Hainan Airlines Holding Co Research & Development Related Terms

Hainan Airlines Holding Co Research & Development Historical Data

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The historical data trend for Hainan Airlines Holding Co's Research & Development 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 Research & Development Chart

Hainan Airlines Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.34 58.95 30.23 36.48 18.17

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
Research & Development 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 3.33 5.62 3.87 5.35 1.24
SHSE:600221
67GF Score
Hainan Airlines Holding Co Ltd SHSE:600221
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hainan Airlines Holding Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥16 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 Research & Development →
What does a Research & Development of ¥16 Mil mean?
Hainan Airlines Holding Co (SHSE:600221) has a Research & Development of ¥16 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hainan Airlines Holding Co and its competitors.
Is Hainan Airlines Holding Co's Research & Development too high?
Hainan Airlines Holding Co's current Research & Development is ¥16 Mil. Overall, Hainan Airlines Holding Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hainan Airlines Holding Co's Research & Development compare to DAL and UAL?
Hainan Airlines Holding Co's Research & Development of ¥16 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 Research & Development for a Transportation company?
A good Research & Development depends on the Transportation industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Hainan Airlines Holding Co and its competitors. Hainan Airlines Holding Co's current Research & Development is ¥16 Mil. 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 ¥1.79, compared to a current price of ¥1.38 — trading 22.9% below its estimated fair value. The current Research & Development is ¥16 Mil. Hainan Airlines Holding Co's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Hainan Airlines Holding Co (SHSE:600221), the current Research & Development is ¥16 Mil 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 ¥1.38 is trading 22.9% below its estimated GF Value™ of ¥1.79. GuruFocus considers Hainan Airlines Holding Co to be Modestly Undervalued.

Key valuation signals for SHSE:600221:

  • Research & Development: ¥16 Mil
  • GF Value™: ¥1.79 vs. price of ¥1.38 (22.9% below fair value)
  • GF Score™: 67/100 with 6 warning signs

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.
67GF Score

Get the complete analysis for SHSE:600221

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

¥1.38
Price
¥1.79
GF Value