China Southern Airlines Company Limited (SHA:600029)
5.25
+0.07 (1.35%)
Jul 31, 2026, 3:00 PM CST
SHA:600029 Financials Overview
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 186,631 | 182,256 | 174,224 | 159,929 | 87,059 | 101,644 |
Revenue Growth | 7.86% | 4.61% | 8.94% | 83.70% | -14.35% | 9.81% |
Gross Profit Gross Profit Growth | 19,954 | 18,466 | 14,651 | 12,339 | -18,936 | -2,620 |
Operating Income Operating Income Growth | 9,957 | 8,769 | 5,481 | 3,817 | -24,329 | -8,619 |
Net Income Net Income Growth | 3,085 | 857 | -1,696 | -4,209 | -32,682 | -12,103 |
Earnings Per Share EPS Growth | 0.17 | 0.05 | -0.09 | -0.23 | -1.90 | -0.75 |
EPS Growth | - | - | - | - | - | - |
| Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Other Operations Other Operations Growth | 9,725 | 8,404 | 7,485 | 4,285 | 4,675 |
Aviation Operations Division Aviation Operations Division Growth | 180,649 | 172,424 | 158,115 | 86,345 | 100,969 |
Offset of Business Segment Offset of Business Segment Growth | -8,118 | -6,604 | -5,671 | -3,571 | -4,000 |
Total Total Growth | 182,256 | 174,224 | 159,929 | 87,059 | 101,644 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 19,780 | 19,826 | 18,689 | 13,085 | 20,242 | 21,841 |
Total Debt Total Debt Growth | 242,512 | 238,423 | 223,447 | 204,998 | 215,073 | 199,327 |
Net Cash (Debt) Net Cash Growth | -222,732 | -218,597 | -204,758 | -191,913 | -194,831 | -177,486 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -11.88 | -12.06 | -11.30 | -10.59 | -11.32 | -10.96 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 38,629 | 38,209 | 31,445 | 40,134 | 3,465 | 13,371 |
Capital Expenditures CapEx Growth | -20,124 | -17,767 | -16,139 | -11,369 | -11,696 | -17,137 |
Free Cash Flow Free Cash Flow Growth | 18,505 | 20,442 | 15,306 | 28,765 | -8,231 | -3,766 |
Free Cash Flow Growth | 71.28% | 33.55% | -46.79% | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 10.69% | 10.13% | 8.41% | 7.71% | -21.75% | -2.58% |
Operating Margin | 5.33% | 4.81% | 3.15% | 2.39% | -27.94% | -8.48% |
Pretax Margin | 3.99% | 2.64% | 0.91% | -1.03% | -36.21% | -13.68% |
Profit Margin | 1.65% | 0.47% | -0.97% | -2.63% | -37.54% | -11.91% |
FCF Margin | 9.92% | 11.22% | 8.79% | 17.99% | -9.46% | -3.71% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 2, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 31.40 | 154.30 | - | - | - | - |
Forward PE | 142.28 | 29.03 | 27.11 | 9.67 | 124.00 | 124.00 |
P/FCF Ratio | 4.58 | 6.47 | 6.88 | 3.18 | - | - |
PS Ratio | 0.45 | 0.73 | 0.60 | 0.57 | 1.42 | 1.03 |