Hainan Meilan International Airport Company (0357) AI Stock Analysis

• Market Cap: $4.87B
• Dividend Yield: N/A
• Average Volume (3M): 1.59M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.95
• Revenue Growth: -3.69%
• EPS Growth: 39.02%
• Country: HK
• Employees: 4,189
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): -0.16
• Shares Outstanding: 226,913,000
• 10 Day Avg. Volume: 1,094,450
• 30 Day Avg. Volume: 1,594,616
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.75
• Enterprise Value/Revenue: 3.92
• Enterprise Value/Gross Profit: 56.98
• Enterprise Value/Ebitda: 26.25
• 1Y Price Target: $9.09
• Price Target Upside: -11.66% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 48 Neutral
• Price Target: HK$10.50 ▲(2.04% Upside)

The overall stock score reflects significant financial challenges, particularly in profitability and leverage, which are the most impactful factors. Technical indicators suggest a bearish trend, and valuation concerns are heightened by the negative P/E ratio. The absence of earnings call data and corporate events leaves these areas unaddressed.

Hainan Meilan International Airport Company Business Overview & Revenue Model

Company Description

Hainan Meilan International Airport Company Limited, together with its subsidiaries, engages in the aeronautical and non-aeronautical businesses at the Haikou Meilan International Airport in Haikou, the People's Republic of China. Its aeronautical business includes the provision of terminal facilities, ground handling services, and passenger services. The company's non-aeronautical business comprises the leasing of commercial and retail spaces at Haikou Meilan International Airport; franchise of airport-related business; leasing of advertising space; provision of car parking and cargo handling services; and sale of consumable goods. It is also involved in the business investment, and hotel investment and operation activities; and rendering of cargo and logistics services. The company was formerly known as Regal International Airport Group Company Limited and changed its name to Hainan Meilan International Airport Company Limited in November 2019. The company was incorporated in 2000 and is headquartered in Haikou, the People's Republic of China. Hainan Meilan International Airport Company Limited is a subsidiary of Haikou Meilan International Airport Company Limited.

How the Company Makes Money

Hainan Meilan International Airport Company makes money through a combination of aviation and non-aviation revenue streams. Aviation revenues are derived from fees charged to airlines, including landing and parking fees, passenger service charges, and security charges. Non-aviation revenues come from commercial activities, such as retail concessions, food and beverage sales, advertising, and car parking services. The company also generates income from property leasing and management within the airport's commercial zones. Strategic partnerships with airlines and retail brands, alongside the continuous development and expansion of airport facilities, contribute significantly to the company's earnings.

Hainan Meilan International Airport Company Financial Statement Overview

Summary

Hainan Meilan International Airport Company is facing financial challenges, particularly in profitability and leverage. Despite revenue growth, negative net income and high debt levels are concerning. Cash flow operations show some strength, but overall financial health is moderate with significant areas needing improvement.

Income Statement

Hainan Meilan International Airport Company has seen a significant decline in profitability over recent years. The gross profit margin has decreased, and the company is currently experiencing negative net income, indicating challenges in maintaining profitability. Although there was revenue growth from 2023 to 2024, the EBIT and EBITDA margins remain negative, reflecting ongoing operational difficulties. The overall income statement health is concerning, with profitability metrics indicating a need for strategic improvements.

Balance Sheet

The balance sheet shows moderate financial stability with a reasonable equity ratio of about 37%, but a relatively high debt-to-equity ratio of 0.92 in 2024, reflecting significant leverage. The return on equity has been negative, indicating a lack of profitability. The company has maintained a stable level of total assets, but the high debt levels pose a risk if not managed effectively. Overall, the balance sheet indicates moderate stability with potential risks due to leverage.

Cash Flow

The cash flow statement indicates some improvements, with positive free cash flow in 2024 and a strong operating cash flow to net income ratio, suggesting efficient cash operations. However, the free cash flow growth rate is not substantial enough to offset past negative trends. The free cash flow to net income ratio is positive, reflecting some recovery in cash-generating ability. Overall, the cash flow situation is moderately positive but requires careful monitoring to ensure sustainability.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.17B	2.09B	1.14B	1.61B	1.37B
Gross Profit	149.17M	38.45M	18.72M	734.27M	693.10M
EBITDA	323.81M	803.15M	251.55M	739.56M	-1.12B
Net Income	-381.44M	-136.01M	-155.30M	765.13M	-1.34B
Balance Sheet
Total Assets	10.98B	11.36B	10.64B	11.14B	11.08B
Cash, Cash Equivalents and Short-Term Investments	541.08M	203.65M	119.43M	212.12M	292.18M
Total Debt	3.74B	3.68B	100.00M	2.09B	2.44B
Total Liabilities	6.93B	7.12B	6.23B	6.57B	7.27B
Stockholders Equity	4.06B	4.27B	4.41B	4.53B	3.77B
Cash Flow
Free Cash Flow	304.30M	200.14M	65.12M	511.15M	-876.03M
Operating Cash Flow	729.89M	526.94M	174.04M	828.19M	463.97M
Investing Cash Flow	-425.52M	-326.69M	-106.22M	-316.38M	-1.34B
Financing Cash Flow	33.06M	-116.02M	-125.86M	-592.03M	-379.02M

Hainan Meilan International Airport Company Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.29
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0357, the sentiment is Negative. The current price of 10.29 is below the 20-day moving average (MA) of 10.38, below the 50-day MA of 10.61, and above the 200-day MA of 9.73, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 40.62 is Neutral, neither overbought nor oversold. The STOCH value of 31.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0357.

Hainan Meilan International Airport Company Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0517	76 Outperform	8.77B	10.85	9.01%	9.11%	9.62%	25.18%
3393	72 Outperform	11.03B	12.60	12.99%	3.39%	20.33%	27.05%
1052	70 Neutral	7.41B	9.76	5.54%	5.64%	7.04%	7.64%
0357	48 Neutral	$4.87B	―	-5.08%	―	-3.69%	39.02%
2169	48 Neutral	4.80B	71.01	7.25%	0.55%	-14.80%	11.92%
0694	42 Neutral	12.96B	-10.16	-10.33%	―	5.57%	-14.28%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Hainan Meilan International Airport Company Corporate Events

Hainan Airport Infrastructure Moves Forward with Major Acquisition

Hainan Airport Infrastructure Co., Ltd. is in the process of acquiring approximately 50.19% shareholding in Hainan Meilan International Airport Company Limited. This acquisition involves a possible unconditional mandatory cash offer to acquire all domestic and H shares not already owned by Hainan Airport Infrastructure. The completion of this offer is contingent on the satisfaction of certain conditions, some of which have been met, while others are still pending. The ongoing negotiations and regulatory approvals are crucial for the completion of the acquisition, which could significantly impact the company’s market positioning and stakeholder interests.

The most recent analyst rating on (HK:0357) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

Hainan Meilan Airport Announces Special Deals Involving Equity Transfer and Capital Contribution

Hainan Meilan International Airport Company has announced special deals involving the transfer of equity interest in Tianyu from Hainan Airport Development to HNA, and a pro rata capital contribution by Hainan Airport Development and HNA into HNA Technic. These transactions are considered special deals under the Takeovers Code, requiring consent from the Executive, and are subject to approval by Independent Shareholders. The deals are expected to impact the company’s financial structure and stakeholder interests, with the Independent Financial Adviser required to publicly state their fairness and reasonableness.

The most recent analyst rating on (HK:0357) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

Hainan Meilan Airport Reports Reduced Losses Amid Revenue Decline

Hainan Meilan International Airport Company Limited reported its interim results for the six months ending June 30, 2025, showing a total revenue of RMB1,079.26 million, a decrease from the previous year’s RMB1,149.28 million. Despite a reduced net loss of RMB70.20 million compared to RMB248.05 million in 2024, the company experienced declines in passenger throughput and aircraft movements, indicating challenges in its operational performance.

The most recent analyst rating on (HK:0357) stock is a Hold with a HK$10.50 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

Hainan Meilan International Airport Schedules Board Meeting for Interim Results

Hainan Meilan International Airport Company Limited has announced a board meeting scheduled for August 20, 2025, to review and approve the interim results for the first half of the year and discuss the potential payment of an interim dividend. This meeting could impact the company’s financial strategy and stakeholder interests as it evaluates its performance and dividend distribution.

The most recent analyst rating on (HK:0357) stock is a Sell with a HK$6.30 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

Hainan Meilan Airport’s Major Shareholding Acquisition Progresses

Hainan Meilan International Airport Company Limited announced a significant development regarding the acquisition of approximately 50.19% of its shareholding by Hainan Airport Infrastructure Co., Ltd. This acquisition is part of a broader strategy that includes potential unconditional mandatory cash offers to acquire all domestic and H shares of the company not already owned by Hainan Airport Infrastructure. The announcement indicates that several conditions have been partially satisfied, with further steps being taken to fulfill remaining requirements. This move could potentially reshape the company’s ownership structure and impact its market positioning.

The most recent analyst rating on (HK:0357) stock is a Sell with a HK$6.30 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

Hainan Airport Infrastructure Moves Forward with Major Acquisition of Hainan Meilan International Airport

Hainan Airport Infrastructure Co., Ltd. is in the process of acquiring approximately 50.19% shareholding in Hainan Meilan International Airport Company Limited. The acquisition involves a possible unconditional mandatory cash offer to acquire all domestic shares not already owned by Hainan Airport Infrastructure Co., Ltd. and a similar offer for H shares by Hainan Airport Infrastructure (Hong Kong) Co., Limited. Several conditions for the acquisition have been satisfied, with others still pending, including regulatory approvals. The completion of these offers could significantly impact the company’s operations and market positioning by consolidating control under Hainan Airport Infrastructure.

The most recent analyst rating on (HK:0357) stock is a Sell with a HK$6.30 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

Hainan Meilan Airport Announces Supervisor Resignation and By-Election Plans

Hainan Meilan International Airport Company Limited announced the resignation of Mr. Zheng Yabo from his role as a supervisor due to work relocation. His departure will temporarily reduce the Supervisory Committee’s membership below the legal requirement, but he will continue his duties until a new supervisor is elected. The company is committed to conducting a by-election promptly to fill the vacancy, ensuring compliance with the Company Law and its Articles of Association.

The most recent analyst rating on (HK:0357) stock is a Sell with a HK$6.30 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.

Hainan Airport Infrastructure Advances in Acquisition of Hainan Meilan International Airport

Hainan Airport Infrastructure Co., Ltd. has partially satisfied the conditions required for acquiring a 50.19% shareholding in Hainan Meilan International Airport Company Limited. The acquisition process involves a possible unconditional mandatory cash offer to acquire all domestic shares not already owned by Hainan Airport Infrastructure Co., Ltd., and a similar offer for H shares by China International Capital Corporation Hong Kong Securities Limited on behalf of Hainan Airport Infrastructure (Hong Kong) Co., Limited. Several conditions have been met, including shareholder approvals and financing arrangements, but some conditions remain pending. Further announcements will be made as conditions are fulfilled.

The most recent analyst rating on (HK:0357) stock is a Sell with a HK$6.30 price target. To see the full list of analyst forecasts on Hainan Meilan International Airport Company stock, see the HK:0357 Stock Forecast page.