Hainan Airlines Holding(600221) Sou Hu Cai Jing·2025-05-16 17:27Core Viewpoint - Hainan Airlines Holdings reported a revenue of 65.236 billion yuan for 2024, marking an 11.25% year-on-year increase, but incurred a net loss of 0.921 billion yuan [1][4] Group 1: Financial Performance - In 2024, the company achieved a total turnover of 1,239,622 million ton-kilometers and transported 68.03 million passengers [1] - The total assets of the company reached 141.707 billion yuan, with total liabilities of 140.166 billion yuan, resulting in a debt-to-asset ratio of 98.91% [1] - The company did not distribute profits in 2024 and reported an unallocated loss of 77.367 billion yuan, exceeding one-third of the paid-in capital [1] Group 2: Operational Data - In April 2025, the company saw a 65.45% year-on-year increase in international passenger transport volume [2][4] - The company introduced one A321 aircraft while retiring several others, maintaining a total of 347 operational aircraft by the end of April 2025 [2] - The passenger capacity input increased by 10.32% year-on-year, with a corresponding 10.33% increase in revenue passenger kilometers [2] Group 3: Corporate Actions - The company plans to apply for a new comprehensive credit limit of up to 12 billion yuan from financial institutions for 2025 [1] - Hainan Airlines approved a mutual guarantee limit of 15.8 billion yuan for its subsidiaries in 2025 [3] - The company provided guarantees of up to 1.5 billion yuan and 60 million USD for its subsidiary, Xiangpeng Airlines [3][4]