SHA/600221 (SHA/600221)

Shanghai Stock Exchange: SHA/600221 · CNY

CN¥1.16

-0.01 (-0.8%)· Recorded snapshot

Market cap	50.2B
Revenue (ttm)	70.9B
Net income (ttm)	2.2B
EPS (ttm)	CN¥0.05
Shares out	43.2B
P/E (trailing)	22.5x
Volume	167,660,678
Beta	0.26

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 70.9B
Net income (ttm): 2.2B
EPS (ttm): CN¥0.05
P/E (trailing): 22.5x
Market cap: 50.2B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/E22.5

P25 n/aP50 n/aP75 n/a

ROE56.8

P25 n/aP50 n/aP75 n/a

ROIC1.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All SHA/600221 indicators

Market & fundamental data

Available fields

231

Groups with data

Currency

CNY

Showing 231 of 231 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CNY
Country	China
Country code	CN
Earnings date	2026-10-31
Employees	35,527
Employees change	349
Employees growth	0.99%
Enterprise value	CNY 147.5B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1993
Industry	Airlines
Is primary listing	Yes
ISIN number	CNE0000011C5
Last earnings date	2026-08-25
Last refreshed	2026-10-28
Last stock split date	2013-06-07
Last stock split type	Forward
Market cap	CNY 50.2B
Next earnings date	2026-10-31
Price	CNY 1.16
Price currency	CNY
Sector	Industrials
SIC code	4512
Stock price date	2026-10-28
Symbol	sha/600221
Website	https://www.hnair.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (3Y)	57.23x
Earnings yield	4.44%
EV/Earnings	67.28x
EV/EBIT	65.01x
EV/EBITDA	10.98x
EV/FCF	10.53x
EV/Sales	2.08x
FCF / EV yield	9.5%
FCF yield	27.94%
Graham number	0.38381
Graham upside	-66.91%
Industry forward P/E	377.64x
Industry P/E	98.6x
P/B ratio	9.18x
P/E ratio	22.52x
P/FCF ratio	3.58x
P/OCF ratio	3.01x
P/S ratio	0.71x
Price / tangible book value	15.99x
Price/EBITDA ratio	7.44x
Sector forward P/E	13.79x
Sector P/E	27.95x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	3.2%
EBITDA margin	9.51%
Effective tax rate	24.86%
FCF margin	19.76%
Gross margin	5.19%
Operating margin	3.2%
Pretax margin	3.87%
Profit margin	3.09%
Profit per employee	CNY 61,722
Profitable years	1
Revenue per employee	CNY 2M
ROA	0.96%
ROA (5Y)	-1.05%
ROCE	2.05%
ROE	56.83%
ROIC	1.66%
ROIC (5Y)	-5.15%
Tax / revenue	0.96%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth 10Y	-14.65%
EPS growth years	1
FCF growth	27.96%
FCF growth (Q)	-37.25%
FCF growth (QoQ)	-63.65%
FCF growth 3Y	40.46%
FCF growth 5Y	13.86%
Gross profit growth	-22.86%
Net income growth years	1
OCF growth	23.91%
OCF growth (Q)	-25.91%
OCF growth (QoQ)	-54.17%
OCF growth 10Y	1.93%
OCF growth 3Y	39.33%
OCF growth 5Y	12.43%
Operating income growth	-39.42%
Revenue growth	6.5%
Revenue growth (Q)	10.09%
Revenue growth (QoQ)	-7.74%
Revenue growth 10Y	6.55%
Revenue growth 3Y	21.61%
Revenue growth 5Y	14.5%
Revenue growth quarters	8
Revenue growth years	3

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CNY -2.6B
Depreciation and amortization	CNY 4.5B
EBIT	CNY 2.3B
EBITDA	CNY 6.7B
EPS	CNY 0.05
FCF per share	CNY 0.32
Financing cash flow	CNY -14.3B
Free cash flow	CNY 14B
Gross profit	CNY 3.7B
Income taxes	CNY 681.7M
Investing cash flow	CNY -2.2B
Net borrowing	CNY -11.4B
Net cash flow	CNY 109.9M
Net income	CNY 2.2B
Operating income	CNY 2.3B
Revenue	CNY 70.9B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	0.04
Book value per share	CNY 0.13
Debt / EBITDA	8.22
Debt / equity	20.23
Debt / FCF	7.89
Goodwill	CNY 844M
Interest coverage	0.58
Long-term assets	CNY 121.8B
Long-term liabilities	CNY 105.4B
Net cash (debt)	CNY -97.4B
Net cash / market cap	-194.16%
Net debt / EBITDA	14.44
Net debt / equity	17.83
Net debt / FCF	6.95
Piotroski F-Score	6
Property, plant and equipment	CNY 91.1B
Shareholders' equity	CNY 5.5B
Tangible book value	CNY 3.1B
Tangible book value per share	CNY 0.07
Total assets	CNY 154.2B
Total cash	CNY 13.1B
Total debt	CNY 110.5B
Total liabilities	CNY 148.8B
WACC	3.62%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.48
Current assets	CNY 32.5B
Current liabilities	CNY 43.4B
Current ratio	0.75
Inventory turnover	28.54
Net working capital	CNY -4.5B
Quick ratio	0.59
Working capital	CNY -10.9B
Working capital turnover	-8.52

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	3.54%
Dividend growth (10Y)	-3.23%
Dividend growth (3Y)	-34.41%
Dividend growth (5Y)	-29.03%
Dividend per share	CNY 0.00
Last dividend	CNY 0.02
Payout ratio	69.09%
Shareholder yield	3.54%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-63.89%
10Y return CAGR	-9.49%
10Y total return	-63.1%
150-day SMA	CNY 1.38
15Y price change	-62.26%
15Y return CAGR	-5.82%
15Y total return	-59.3%
1D price change	-0.85%
1M price change	-4.1%
1M total return	-4.1%
1W price change	-1.68%
1W total return	-1.68%
1Y price change	-30.36%
1Y return CAGR	-30.37%
1Y total return	-30.36%
20-day SMA	CNY 1.20
200-day SMA	CNY 1.45
20Y price change	-19.31%
20Y return CAGR	-0.66%
20Y total return	-12.38%
3M price change	-12.69%
3M total return	-12.69%
3Y price change	-18.18%
3Y return CAGR	-6.47%
3Y total return	-18.18%
50-day SMA	CNY 1.26
50-day SMA vs 200-day SMA	50under200
52-week high	CNY 1.93
52-week high date	2025-11-05
52-week low	CNY 1.15
52-week low date	2026-10-23
5Y price change	-45.07%
5Y return CAGR	-11.29%
5Y total return	-45.07%
6M price change	-18.18%
6M total return	-18.18%
All-time high	CNY 7.18
All-time high date	2007-09-21
All-time low	CNY 1.00
All-time low date	2024-06-28
Average true range (ATR)	CNY 0.02
Average volume	181.3M
Beta (1Y)	0.55
Beta (2Y)	0.74
Beta (5Y)	0.26
Change from 52-week high	-39.9%
Change from 52-week low	0.87%
Change from all-time high	-83.69%
Change from all-time low	17%
Change from open	-0.85%
Day's gap	0%
Dollar volume	CNY 194.5M
High price	CNY 1.18
Low price	CNY 1.16
Monthly RSI	36.6
Open price	CNY 1.17
Position in 52-week range	0%
Previous close	CNY 1.17
Price vs 150-day SMA	-14.97%
Price vs 20-day SMA	-2.58%
Price vs 200-day SMA	-19.42%
Price vs 50-day SMA	-6.92%
Relative volume	0.92
RSI	29.41
Sharpe ratio	-1.16
Sharpe ratio (3Y)	-0.18
Sharpe ratio (5Y)	-0.35
Sortino ratio	-1.47
Sortino ratio (3Y)	-0.1
Sortino ratio (5Y)	-0.35
Volume	167.7M
Weekly RSI	28.09
YTD price change	-35.36%
YTD total return	-35.36%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	23.9B
Shares change (QoQ)	-1.64%
Shares change (YoY)	-3.54%
Shares held by insiders	0%
Shares held by institutions	4.82%
Shares outstanding	43.2B

Deeper analysis on SHA/600221

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this SHA/600221 report

Is a complete SHA/600221 research report available?

No complete published report is available for sha/600221 (SHA/600221) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

SHA/600221 (SHA/600221)

Price

Financial snapshot

Fair-value bridge

Latest news · SHA/600221

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All SHA/600221 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on SHA/600221

Frequently asked questions