Hainan Airlines Holding Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	15,634	11,500	8,871	10,638	8,824	8,236
Short-Term Investments	-	270.41	195.83	-	-	-
Trading Asset Securities	408.53	408.53	442.31	277.82	5,210	4,600
Cash & Short-Term Investments	16,042	12,179	9,509	10,916	14,034	12,836
Cash Growth	6.64%	28.08%	-12.89%	-22.21%	9.33%	-57.73%
Accounts Receivable	4,114	3,628	2,607	1,146	2,136	2,443
Other Receivables	10,101	8,293	10,320	7,281	10,643	48,452
Receivables	14,215	11,922	12,927	8,426	12,779	50,895
Inventory	2,434	2,152	1,509	1,320	1,526	1,142
Other Current Assets	3,448	3,430	3,189	1,904	1,637	1,406
Total Current Assets	36,140	29,683	27,134	22,567	29,975	66,279
Property, Plant & Equipment	83,239	81,891	79,993	89,478	97,694	56,473
Long-Term Investments	2,216	3,540	2,630	2,371	7,736	26,210
Goodwill	843.98	843.98	843.98	843.98	843.98	843.98
Other Intangible Assets	1,520	1,503	1,563	1,558	1,285	888.55
Long-Term Deferred Tax Assets	6,971	6,971	7,049	6,363	-	-
Long-Term Deferred Charges	814.96	862.86	1,012	1,021	1,158	1,368
Other Long-Term Assets	17,825	16,412	13,810	13,912	4,561	12,514
Total Assets	149,569	141,707	134,035	138,114	143,255	164,577
Accounts Payable	16,155	11,072	7,066	3,629	2,674	14,586
Accrued Expenses	859.18	5,787	5,357	4,612	5,489	15,085
Short-Term Debt	2,985	2,009	1,606	79.56	-	36,874
Current Portion of Long-Term Debt	14,236	2,838	4,017	4,495	681.97	12.28
Current Portion of Leases	-	9,232	9,453	13,566	9,661	-
Current Income Taxes Payable	1,170	80.69	75.74	91.88	96.17	239.03
Current Unearned Revenue	3,553	3,141	2,118	1,655	1,727	2,924
Other Current Liabilities	1,158	2,322	3,215	2,714	2,764	109,147
Total Current Liabilities	40,115	36,482	32,908	30,842	23,093	178,868
Long-Term Debt	46,670	47,518	45,615	46,631	48,714	-
Long-Term Leases	44,098	44,077	43,441	49,444	51,321	-
Long-Term Unearned Revenue	202.81	22.94	8.12	-	13.12	12.64
Long-Term Deferred Tax Liabilities	162.74	162.74	125.19	181.41	246.03	216.74
Other Long-Term Liabilities	13,527	11,903	10,361	10,556	8,901	7,733
Total Liabilities	144,776	140,166	132,458	137,655	132,288	186,831
Common Stock	43,216	43,216	43,216	43,216	33,243	16,806
Additional Paid-In Capital	39,475	39,411	38,551	37,483	34,709	17,984
Retained Earnings	-72,849	-75,694	-74,860	-74,223	-49,322	-51,694
Comprehensive Income & Other	-4,459	-4,660	-4,597	-5,311	-10,140	-11,468
Total Common Equity	5,382	2,273	2,310	1,164	8,490	-28,372
Minority Interest	-588.93	-731.6	-732.63	-705.53	2,477	6,118
Shareholders' Equity	4,793	1,541	1,577	458.85	10,967	-22,254
Total Liabilities & Equity	149,569	141,707	134,035	138,114	143,255	164,577
Total Debt	107,988	105,674	104,132	114,216	110,378	36,887
Net Cash (Debt)	-91,946	-93,496	-94,623	-103,300	-96,344	-24,050
Net Cash Per Share	-2.13	-2.16	-2.19	-3.03	-5.31	-1.43
Filing Date Shares Outstanding	43,216	43,216	43,216	43,216	33,243	16,806
Total Common Shares Outstanding	43,216	43,216	43,216	43,216	33,243	16,806
Working Capital	-3,976	-6,799	-5,774	-8,275	6,882	-112,589
Book Value Per Share	0.12	0.05	0.05	0.03	0.26	-1.69
Tangible Book Value	3,018	-73.83	-97.51	-1,237	6,361	-30,104
Tangible Book Value Per Share	0.07	-0.00	-0.00	-0.03	0.19	-1.79
Buildings	-	9,199	7,824	7,682	7,679	-
Machinery	-	63,338	61,884	62,968	63,212	-
Construction In Progress	-	4,990	4,618	4,913	4,450	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.