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Hainan Airlines Holding CoSHSE:600221 +0.75%68 Return-on-Tangible-Equity is 184.02% as of Mar. 2026, which is 17941% above its 10-year median of 1.02. GuruFocus rates SHSE:600221 with a GF Score™ of 68/100 and a GF Value™ of ¥1.81 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 979 Transportation companies, Hainan Airlines Holding Co ranks better than 93.26% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hainan Airlines Holding Co's annualized net income for the quarter that ended in Mar. 2026 was ¥6,901 Mil. Hainan Airlines Holding Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥3,750 Mil. Therefore, Hainan Airlines Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 184.02%.
The historical rank and industry rank for Hainan Airlines Holding Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600221'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -790.37 Med: 1.02 Max: 157.75
Current: 157.75
During the past 13 years, Hainan Airlines Holding Co's highest Return-on-Tangible-Equity was 157.75%. The lowest was -790.37%. And the median was 1.02%.
SHSE:600221's Return-on-Tangible-Equity is ranked better than 93.26% of 979
companies
in the Transportation industry
Industry Median: 8.98
vs SHSE:600221: 157.75
Hainan Airlines Holding Co (SHSE:600221) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Hainan Airlines Holding Co Return-on-Tangible-Equity Related Terms
Hainan Airlines Holding Co Return-on-Tangible-Equity 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.
Hainan Airlines Holding Co Return-on-Tangible-Equity Chart
SHSE:600221 vs DAL, UAL, LUV: Return-on-Tangible-Equity Comparison
For the Airlines subindustry, Hainan Airlines Holding Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Hainan Airlines Holding Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hainan Airlines Holding Co's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 184.02% mean?
Hainan Airlines Holding Co (SHSE:600221) has a Return-on-Tangible-Equity of 184.02% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hainan Airlines Holding Co and its competitors. This is 17941% above median its historical median of 1.02. According to the industry distribution chart, Hainan Airlines Holding Co ranks #66 out of 979 companies in the Transportation industry, placing it in the top 6.7%.
Is Hainan Airlines Holding Co's Return-on-Tangible-Equity too high?
Hainan Airlines Holding Co's current Return-on-Tangible-Equity of 184.02% is 17941% above median its 10-year median of 1.02. The Transportation industry median Return-on-Tangible-Equity is 8.98. Hainan Airlines Holding Co's value of 184.02% is 1949.2% above this industry median. Based on the distribution chart, Hainan Airlines Holding Co ranks #66 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position 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 Return-on-Tangible-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Hainan Airlines Holding Co ranks #66 out of 979 companies for Return-on-Tangible-Equity. This places Hainan Airlines Holding Co in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.98. Hainan Airlines Holding Co's value of 184.02% is 1949.2% above this benchmark. While the company's 10-year median is 1.02 vs. the industry median of 8.98, Hainan Airlines Holding Co has consistently been above 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 Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.98, based on 979 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hainan Airlines Holding Co's current Return-on-Tangible-Equity of 184.02% is 1949.2% above 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hainan Airlines Holding Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hainan Airlines Holding Co's current Return-on-Tangible-Equity is 184.02%, which is 17941% above median its own 10-year median of 1.02. 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 ¥1.81, compared to a current price of ¥1.34 — trading 26% below its estimated fair value. The current Return-on-Tangible-Equity is 184.02%, which is 17941% above median its 10-year median of 1.02 and 1949.2% above the Transportation industry median of 8.98. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Hainan Airlines Holding Co (SHSE:600221), the current Return-on-Tangible-Equity is 184.02% 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 ¥1.34 is trading 26% below its estimated GF Value™ of ¥1.81.
GuruFocus considers Hainan Airlines Holding Co to be Modestly Undervalued.
Key valuation signals for SHSE:600221:
Return-on-Tangible-Equity: 184.02% (17941% above median its 10-year median of 1.02)
GF Value™: ¥1.81 vs. price of ¥1.34 (26% below fair value)
Industry Position: 1949.2% above the Transportation median (#66 of 979)
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.
68GF Score
Get the complete analysis for SHSE:600221
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