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Hainan Haiqi Transportation Group Co.,Ltd. (China)

Main Activities: Transit and Ground Passenger Transportation | Support Activities for Transportation
Full name: Hainan Haiqi Transportation Group Co.,Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Hainan Haiqi Transportation Group Co., Ltd. is a transportation company located in Haikou, China. It was established in November 1951 and went public in July 2016. The company offers a range of services including scheduled passenger transportation, station operations, tourism transportation, customized transportation, rental transportation, logistics and express delivery, automobile trade, automobile inspection and maintenance, urban and rural public transportation, school bus operation services, and cultural tourism. Currently, the company has 26 subsidiaries, 38 wholly-owned subsidiaries, 6 holding subsidiaries, 2 equity participation companies, and 3 indirectly held companies. It employs over 3,500 people and operates a fleet of 2,737 vehicles, including 1,512 scheduled buses, 247 tourism buses, 355 taxis, 142 school buses, 135 urban and rural public buses, and 346 other operating vehicles. The company's scheduled buses account for 70% of the province's scheduled bus market. It has established a road passenger transportation network covering 18 cities and counties in Hainan Province (excluding Sansha City), with 27 level-three or above automobile passenger transportation stations (including 6 level-one stations), 456 road passenger transportation routes, and inter-provincial passenger transportation routes radiating to 10 provinces and cities nationwide. The company's passenger volume accounts for over 70% of Hainan Province's scheduled bus transportation market. Hainan Haiqi Transportation Group Co., Ltd. is the only road transportation enterprise in China with a provincial-level passenger transportation network. It is also listed among the top 50 road transportation companies and top 100 transportation companies in China. The company is a pilot unit for the standardization of transportation services and a leading enterprise in Hainan's road transportation industry. In July 2021, it was recognized as a benchmark enterprise for the management of key state-owned enterprises by the State-owned Assets Supervision and Administration Commission of the State Council, making it the only provincial state-owned key enterprise in Hainan Province to be selected as a benchmark enterprise. The company's passenger transportation brands, such as "Haiqi Express" and "Haiqi Business Car," have high recognition, reputation, and credibility in Hainan Province. "Haiqi Express" has received multiple honors, including "China User Satisfaction Product" and ranking first in the "Top 60 Hainan Iconic Brands." Looking towards the "14th Five-Year Plan" and future development, Hainan Haiqi Transportation Group Co., Ltd. aims to become a world-class enterprise. It focuses on four major business sectors: passenger transportation, commercial operations, automobile services, and cultural tourism. The company aims to expand the "transportation + tourism + consumption" industrial chain, actively engage in international cooperation, adhere to innovation-driven development, and strive to become a comprehensive service provider for tourism transportation in Hainan Free Trade Port, supporting the construction of Hainan Free Trade Port.

Headquarters
24(Haiqi Building) Haifu Road Meilan District Haikou Hainan
Haikou; Hainan; Postal Code: 570203

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Website: http://www.0898hq.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 28, 1985
Key Executives
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Chairman
Ownership Details
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42.5%
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9.92%
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0.75%
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0.44%
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0.28%
Subsidiaries
Baisha Haiqi Taxi Co., Ltd.
100%
Baisha Haiqi Transportation Co., Ltd.
100%
Baoting Haiqi Industrial Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Hainan Haiqi Transportation Group Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
24.23%
Total operating revenue
24.17%
Operating profit (EBIT)
56.87%
EBITDA
55.86%
Net Profit (Loss) for the Period
57.27%
Total assets
18.91%
Total equity
9.48%
Operating Profit Margin (ROS)
12.57%
Net Profit Margin
13.25%
Return on Equity (ROE)
7%
Debt to Equity Ratio
40.35%
Quick Ratio
0.61%
Cash Ratio
0.18%

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