Hainan Meilan International Airport Company Limited
Hainan Meilan International Airport Company Limited Fundamental Analysis
Hainan Meilan International Airport Company Limited (HMCTF) shows moderate financial fundamentals with a PE ratio of -14.17, profit margin of -13.84%, and ROE of -7.05%. The company generates $2.1B in annual revenue with moderate year-over-year growth of 4.09%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 5.3/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze HMCTF's fundamental strength across five key dimensions:
Efficiency Score
WeakHMCTF struggles to generate sufficient returns from assets.
Valuation Score
ExcellentHMCTF trades at attractive valuation levels.
Growth Score
WeakHMCTF faces weak or negative growth trends.
Financial Health Score
ModerateHMCTF shows balanced financial health with some risks.
Profitability Score
WeakHMCTF struggles to sustain strong margins.
Key Financial Metrics
Is HMCTF Expensive or Cheap?
P/E Ratio
HMCTF trades at -14.17 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, HMCTF's PEG of 0.06 indicates potential undervaluation.
Price to Book
The market values Hainan Meilan International Airport Company Limited at 1.03 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at -37.25 times EBITDA. This is generally considered low.
How Well Does HMCTF Make Money?
Net Profit Margin
For every $100 in sales, Hainan Meilan International Airport Company Limited keeps $-13.84 as profit after all expenses.
Operating Margin
Core operations generate -13.54 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-7.05 in profit for every $100 of shareholder equity.
ROA
Hainan Meilan International Airport Company Limited generates $-2.78 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Hainan Meilan International Airport Company Limited generates strong operating cash flow of $799.20M, reflecting robust business health.
Free Cash Flow
Hainan Meilan International Airport Company Limited generates strong free cash flow of $751.40M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $1.54 in free cash annually.
FCF Yield
HMCTF converts 18.08% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-14.17
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.06
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.03
vs 25 benchmark
P/S Ratio
Price to sales ratio
2.02
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.46
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.19
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.07
vs 25 benchmark
ROA
Return on assets percentage
-0.03
vs 25 benchmark
ROCE
Return on capital employed
-0.04
vs 25 benchmark
How HMCTF Stacks Against Its Sector Peers
| Metric | HMCTF Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -14.17 | 26.73 | Better (Cheaper) |
| ROE | -7.05% | 1281.00% | Weak |
| Net Margin | -13.84% | -43969.00% (disorted) | Weak |
| Debt/Equity | 0.46 | 0.72 | Strong (Low Leverage) |
| Current Ratio | 0.19 | 10.11 | Weak Liquidity |
| ROA | -2.78% | -1510685.00% (disorted) | Weak |
HMCTF outperforms its industry in 2 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Hainan Meilan International Airport Company Limited's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
37.72%
Industry Style: Cyclical, Value, Infrastructure
High GrowthEPS CAGR
-166.29%
Industry Style: Cyclical, Value, Infrastructure
DecliningFCF CAGR
-12.20%
Industry Style: Cyclical, Value, Infrastructure
Declining