Earnings Alerts

Hainan Airlines Co (600221) Earnings: Prelim 1H Net Loss Estimated at 600M-670M Yuan Due to Key Market Challenges

  • Hainan Airlines projects a preliminary net loss for the first half of 2024.
  • The expected net loss ranges from 600 million yuan to 670 million yuan.
  • The company attributes this loss to the following factors:
    • Underperforming international routes
    • High oil prices
    • Fluctuating foreign exchange rates
  • Market analysts’ ratings for Hainan Airlines include:
    • 1 buy
    • 0 holds
    • 0 sells

A look at Hainan Airlines Co Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts examining Hainan Airlines Co are optimistic about the company’s long-term growth potential. With a stellar score of 5 for Growth, it implies that the company is well-positioned for expansion and development in the foreseeable future. This positive outlook is further reinforced by its Momentum score of 3, indicating a favorable trend in the company’s performance.

Although Hainan Airlines Co shines in terms of Growth and Momentum, its overall outlook is tempered by lower scores in Value (2), Dividend (1), and Resilience (2). Investors may need to consider these factors alongside the company’s strong growth prospects when making long-term investment decisions. Despite facing challenges, Hainan Airlines Co remains a key player in the passenger and freight air transportation sector, offering additional charter flight services to cater to a diverse clientele.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars