China Southern Airlines Company Limited (SHA:600029)
China flag China · Delayed Price · Currency is CNY
4.930
-0.070 (-1.40%)
Sep 11, 2026, 3:00 PM CST

SHA:600029 Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
190,644182,256174,224159,92987,059101,644
Revenue Growth
8.49%4.61%8.94%83.70%-14.35%9.81%
Gross Profit
13,17418,46614,65112,339-18,936-2,620
Operating Income
3,3778,7695,4813,817-24,329-8,619
Net Income
-1,306857-1,696-4,209-32,682-12,103
Earnings Per Share
-0.090.05-0.09-0.23-1.90-0.75
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Aviation Operations Division
188,996180,649172,424158,11586,345100,969
Other Operations
10,4779,7258,4047,4854,2854,675
Offset of Business Segment
-8,829-8,118-6,604-5,671-3,571-4,000
Total
190,644182,256174,224159,92987,059101,644

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
17,22119,82618,68913,08520,24221,841
Total Debt
254,766238,423223,447204,998215,073199,327
Net Cash (Debt)
-237,545-218,597-204,758-191,913-194,831-177,486
Net Cash Growth
------
Net Cash Per Share
-13.11-12.06-11.30-10.59-11.32-10.96

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
36,46438,20931,44540,1343,46513,371
Capital Expenditures
-32,490-17,767-16,139-11,369-11,696-17,137
Free Cash Flow
3,97420,44215,30628,765-8,231-3,766
Free Cash Flow Growth
-76.38%33.55%-46.79%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
6.91%10.13%8.41%7.71%-21.75%-2.58%
Operating Margin
1.77%4.81%3.15%2.39%-27.94%-8.48%
Pretax Margin
1.15%2.64%0.91%-1.03%-36.21%-13.68%
Profit Margin
-0.69%0.47%-0.97%-2.63%-37.54%-11.91%
FCF Margin
2.08%11.22%8.79%17.99%-9.46%-3.71%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-154.30----
Forward PE
-29.0327.119.67124.00124.00
P/FCF Ratio
19.756.476.883.18--
PS Ratio
0.410.730.600.571.421.03