Hainan Meilan International Airport Company Limited logo

Hainan Meilan International Airport Company Limited

0357.HK

HKSEIndustrialsAirlines, Airports & Air Services

Latest quote

HK$5.235

−HK$0.385 · -6.85%

Aug 24, 4:08 PM HKT

0357.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Hainan Meilan International Airport Company Limited, along with its associated entities, oversees both aviation and commercial activities at Haikou Meilan International Airport, located in Haikou, People's Republic of China. The company's core aviation services encompass providing terminal infrastructure, ground support, and passenger assistance. Beyond flight operations, its commercial ventures involve renting out retail and commercial spaces within the airport, offering franchises for airport-related businesses, leasing advertising slots, operating parking facilities, managing cargo handling, and selling various consumer products. Additionally, the firm participates in business and hotel investments, including their operational management, and delivers comprehensive cargo and logistics solutions. Founded in 2000 with its headquarters in Haikou, PRC, the company was previously known as Regal International Airport Group Company Limited until it adopted its current designation in November 2019. This entity operates as a subsidiary of Haikou Meilan International Airport Company Limited.

Industry
Airlines, Airports & Air Services
Sector
Industrials
Headquarters
CN
CEO
Hong Wang
Listed since
Nov 18, 2002
Employees
4,115

Market position

Day range

Current HK$5.235

52-week range

Current HK$5.235

Open
HK$5.60
Previous close
HK$5.62
Volume
360K
0.58× average
Average volume
621.84K
Average daily volume
Market cap
2.48B HKD
Beta
0.73
Market reference 1
50-day average
HK$4.821
+8.59% above average
200-day average
HK$7.4868
-30.08% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.28B CNY
P/E (TTM)
-7.73×
P/B (TTM)
0.56×
P/S (TTM)
1.06×
EV / EBITDA
78.73×
Earnings yield
-6.14%
Free cash flow yield
5.68%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-2.18%
Operating margin
-12.49%
Net margin
-13.71%
Return on equity
-7.33%
Return on assets
-2.81%
Return on invested capital
-4.06%

Financial health

Debt / equity
1.42×
Current ratio
0.19×
Altman Z-score
0.41
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends54%28%1%-26%Gross margin, FY2021: 45.73%Gross margin, FY2022: 1.64%Gross margin, FY2023: 1.84%Gross margin, FY2024: 6.87%Gross margin, FY2025: -3.97%Operating margin, FY2021: 44.67%Operating margin, FY2022: -19.25%Operating margin, FY2023: -9.92%Operating margin, FY2024: -5.36%Operating margin, FY2025: -15.25%Net margin, FY2021: 47.65%Net margin, FY2022: -13.61%Net margin, FY2023: -6.52%Net margin, FY2024: -17.57%Net margin, FY2025: -13.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 45.73%. Gross margin FY2022 1.64%. Gross margin FY2023 1.84%. Gross margin FY2024 6.87%. Gross margin FY2025 -3.97%. Operating margin FY2021 44.67%. Operating margin FY2022 -19.25%. Operating margin FY2023 -9.92%. Operating margin FY2024 -5.36%. Operating margin FY2025 -15.25%. Net margin FY2021 47.65%. Net margin FY2022 -13.61%. Net margin FY2023 -6.52%. Net margin FY2024 -17.57%. Net margin FY2025 -13.90%.

Income trends

Revenue

2.01B CNY-7.57%

Operating income

−306.11M CNY-163.29%

Net income

−279M CNY+26.86%
Income trends across reported periods2.43B CNY1.41B CNY384.29M CNY−636.69M CNYRevenue, FY2021: 1.61B CNYRevenue, FY2022: 1.14B CNYRevenue, FY2023: 2.09B CNYRevenue, FY2024: 2.17B CNYRevenue, FY2025: 2.01B CNYOperating income, FY2021: 717.29M CNYOperating income, FY2022: −219.73M CNYOperating income, FY2023: −206.89M CNYOperating income, FY2024: −116.26M CNYOperating income, FY2025: −306.11M CNYNet income, FY2021: 765.13M CNYNet income, FY2022: −155.3M CNYNet income, FY2023: −136.01M CNYNet income, FY2024: −381.44M CNYNet income, FY2025: −279M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.61B CNY. Revenue FY2022 1.14B CNY. Revenue FY2023 2.09B CNY. Revenue FY2024 2.17B CNY. Revenue FY2025 2.01B CNY. Operating income FY2021 717.29M CNY. Operating income FY2022 −219.73M CNY. Operating income FY2023 −206.89M CNY. Operating income FY2024 −116.26M CNY. Operating income FY2025 −306.11M CNY. Net income FY2021 765.13M CNY. Net income FY2022 −155.3M CNY. Net income FY2023 −136.01M CNY. Net income FY2024 −381.44M CNY. Net income FY2025 −279M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue2.01B CNY2.17B CNY2.09B CNY1.14B CNY1.61B CNY
Cost of goods sold2.09B CNY2.02B CNY2.05B CNY1.12B CNY871.44M CNY
Gross profit−79.6M CNY149.17M CNY38.45M CNY18.72M CNY734.27M CNY
Selling, general, and administrative114.77M CNY112.19M CNY122.56M CNY84.9M CNY119.88M CNY
Operating expenses226.51M CNY265.43M CNY245.34M CNY238.45M CNY16.98M CNY
Interest income6.37M CNY1.37M CNY3.4M CNY1.5M CNY6.52M CNY
Interest expense108.24M CNY135.63M CNY139.15M CNY88.9M CNY27.38M CNY
Depreciation and amortization336.65M CNY333.36M CNY872.75M CNY399.15M CNY171.02M CNY
Operating income−306.11M CNY−116.26M CNY−206.89M CNY−219.73M CNY717.29M CNY
Net income−279M CNY−381.44M CNY−136.01M CNY−155.3M CNY765.13M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
11%
1 beat, 8 misses, 0 met estimates
Average EPS surprise
-580.95%
9 comparable reports
Latest EPS result
-0.16
Estimate -0.25 · Beat by 36.36%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.27-0.03-0.33-0.62Q3 '23MissQ1 '24MissQ3 '24MissQ1 '25MissQ3 '25MissQ1 '26MissQ3 '26BeatQ2 '27Estimate
Q3 2023, reported Aug 25, 2023: actual -0.116, estimate -0.043, surprise -167.59%, Miss. Q1 2024, reported Mar 28, 2024: actual -0.374, estimate 0.209, surprise -278.97%, Miss. Q3 2024, reported Aug 23, 2024: actual -0.563, estimate 0.086, surprise -754.93%, Miss. Q1 2025, reported Mar 20, 2025: actual -0.16, estimate -0.149, surprise -7.14%, Miss. Q3 2025, reported Aug 20, 2025: actual -0.162, estimate 0.055, surprise -396.24%, Miss. Q1 2026, reported Mar 27, 2026: actual -0.501, estimate 0.178, surprise -381.18%, Miss. Q3 2026, reported Aug 21, 2026: actual -0.162, estimate -0.254, surprise +36.36%, Beat. Q2 2027, reported Apr 1, 2027: actual —, estimate -0.256, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.39B1.25B1.12B978.46MQ3 '23BeatQ1 '24MissQ3 '24MissQ1 '25MissQ3 '25MissQ1 '26MissQ3 '26BeatQ2 '27Estimate
Q3 2023, reported Aug 25, 2023: actual 1.15B HKD, estimate 1.1B HKD, surprise +4.87%, Beat. Q1 2024, reported Mar 28, 2024: actual 1.12B HKD, estimate 1.27B HKD, surprise -11.73%, Miss. Q3 2024, reported Aug 23, 2024: actual 1.23B HKD, estimate 1.34B HKD, surprise -7.62%, Miss. Q1 2025, reported Mar 20, 2025: actual 1.12B HKD, estimate 1.18B HKD, surprise -5.40%, Miss. Q3 2025, reported Aug 20, 2025: actual 1.18B HKD, estimate 1.29B HKD, surprise -8.25%, Miss. Q1 2026, reported Mar 27, 2026: actual 1.03B HKD, estimate 1.28B HKD, surprise -19.29%, Miss. Q3 2026, reported Aug 21, 2026: actual 1.26B HKD, estimate 1.2B HKD, surprise +5.23%, Beat. Q2 2027, reported Apr 1, 2027: actual —, estimate 1.21B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.281

2018 complete year+32.0% since 2014

Corporate action history

Dividend

Ex-dividend Oct 23, 2018

HK$0.1704

Semi-Annual

Record Oct 24, 2018 · Payment Dec 31, 2018

Dividend

Ex-dividend Jun 6, 2018

HK$0.1107

Semi-Annual

Record Jun 7, 2018 · Payment Jul 20, 2018

Dividend

Ex-dividend Oct 23, 2017

HK$0.1587

Semi-Annual

Record Oct 24, 2017 · Payment Nov 30, 2017

Dividend

Ex-dividend May 22, 2017

HK$0.0827

Semi-Annual

Record May 23, 2017 · Payment Jul 14, 2017

Dividend

Ex-dividend Oct 18, 2016

HK$0.1091

Semi-Annual

Dividend

Ex-dividend May 20, 2016

HK$0.1429

Semi-Annual

0357.HK peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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