China Southern Airlines Company Limited (SHA:600029)
China flag China · Delayed Price · Currency is CNY
5.25
+0.07 (1.35%)
Jul 31, 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 EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
186,631182,256174,224159,92987,059101,644
Revenue Growth
7.86%4.61%8.94%83.70%-14.35%9.81%
Gross Profit
19,95418,46614,65112,339-18,936-2,620
Operating Income
9,9578,7695,4813,817-24,329-8,619
Net Income
3,085857-1,696-4,209-32,682-12,103
Earnings Per Share
0.170.05-0.09-0.23-1.90-0.75
EPS Growth
------

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Other Operations
9,7258,4047,4854,2854,675
Aviation Operations Division
180,649172,424158,11586,345100,969
Offset of Business Segment
-8,118-6,604-5,671-3,571-4,000
Total
182,256174,224159,92987,059101,644

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
19,78019,82618,68913,08520,24221,841
Total Debt
242,512238,423223,447204,998215,073199,327
Net Cash (Debt)
-222,732-218,597-204,758-191,913-194,831-177,486
Net Cash Growth
------
Net Cash Per Share
-11.88-12.06-11.30-10.59-11.32-10.96

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
38,62938,20931,44540,1343,46513,371
Capital Expenditures
-20,124-17,767-16,139-11,369-11,696-17,137
Free Cash Flow
18,50520,44215,30628,765-8,231-3,766
Free Cash Flow Growth
71.28%33.55%-46.79%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
31.40154.30----
Forward PE
142.2829.0327.119.67124.00124.00
P/FCF Ratio
4.586.476.883.18--
PS Ratio
0.450.730.600.571.421.03