China Southern Airlines Company Limited (SHA:600029)
China · Delayed Price · Currency is CNY 5.51
+0.10 (1.85%)
May 6, 2026, 3:00 PM CST
SHA:600029 Income Statement
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 |
Operating Revenue | 180,733 | 176,358 | 168,406 | 154,609 | 83,405 | 98,528 |
Other Revenue | 5,898 | 5,898 | 5,818 | 5,320 | 3,654 | 3,116 |
| 186,631 | 182,256 | 174,224 | 159,929 | 87,059 | 101,644 | |
Revenue Growth (YoY) | 7.86% | 4.61% | 8.94% | 83.70% | -14.35% | 9.81% |
Cost of Revenue | 166,677 | 163,790 | 159,573 | 147,590 | 105,995 | 104,264 |
Gross Profit | 19,954 | 18,466 | 14,651 | 12,339 | -18,936 | -2,620 |
Selling, General & Admin | 12,068 | 11,785 | 11,235 | 10,408 | 8,115 | 8,671 |
Research & Development | 604 | 607 | 544 | 511 | 389 | 381 |
Other Operating Expenses | -2,692 | -2,712 | -2,637 | -2,408 | -3,130 | -3,053 |
Operating Expenses | 9,997 | 9,697 | 9,170 | 8,522 | 5,393 | 5,999 |
Operating Income | 9,957 | 8,769 | 5,481 | 3,817 | -24,329 | -8,619 |
Interest Expense | -5,625 | -5,553 | -5,758 | -5,928 | -6,006 | -6,202 |
Interest & Investment Income | 413 | 417 | 215 | 361 | 1,012 | 959 |
Currency Exchange Gain (Loss) | 345 | 345 | -912 | -687 | -3,619 | 1,575 |
Other Non Operating Income (Expenses) | 270 | -170 | -150 | -137 | -50 | -72 |
EBT Excluding Unusual Items | 6,289 | 3,808 | -1,124 | -2,574 | -32,992 | -12,359 |
Gain (Loss) on Sale of Investments | 28 | 32 | -404 | -814 | -388 | -309 |
Gain (Loss) on Sale of Assets | 109 | 110 | 731 | 409 | 330 | 399 |
Asset Writedown | -41 | -41 | -26 | -38 | -449 | -2,579 |
Other Unusual Items | 1,067 | 902 | 2,404 | 1,372 | 1,973 | 945 |
Pretax Income | 7,452 | 4,811 | 1,581 | -1,645 | -31,526 | -13,903 |
Income Tax Expense | 2,247 | 2,126 | 1,427 | 1,437 | 2,172 | -2,892 |
Earnings From Continuing Operations | 5,205 | 2,685 | 154 | -3,082 | -33,698 | -11,011 |
Minority Interest in Earnings | -2,120 | -1,828 | -1,850 | -1,127 | 1,016 | -1,092 |
Net Income | 3,085 | 857 | -1,696 | -4,209 | -32,682 | -12,103 |
Net Income to Common | 3,085 | 857 | -1,696 | -4,209 | -32,682 | -12,103 |
Shares Outstanding (Basic) | 18,080 | 18,121 | 18,121 | 18,121 | 17,205 | 16,201 |
Shares Outstanding (Diluted) | 18,742 | 18,121 | 18,121 | 18,121 | 17,205 | 16,201 |
Shares Change (YoY) | 3.75% | - | - | 5.32% | 6.20% | 15.25% |
EPS (Basic) | 0.17 | 0.05 | -0.09 | -0.23 | -1.90 | -0.75 |
EPS (Diluted) | 0.17 | 0.05 | -0.09 | -0.23 | -1.90 | -0.75 |
Free Cash Flow | 18,505 | 20,442 | 15,306 | 28,765 | -8,231 | -3,766 |
Free Cash Flow Per Share | 0.99 | 1.13 | 0.84 | 1.59 | -0.48 | -0.23 |
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% |
Profit Margin | 1.65% | 0.47% | -0.97% | -2.63% | -37.54% | -11.91% |
Free Cash Flow Margin | 9.92% | 11.22% | 8.79% | 17.99% | -9.46% | -3.71% |
EBITDA | 22,939 | 21,469 | 17,052 | 14,487 | -15,161 | 686 |
EBITDA Margin | 12.29% | 11.78% | 9.79% | 9.06% | -17.41% | 0.68% |
D&A For EBITDA | 12,982 | 12,700 | 11,571 | 10,670 | 9,168 | 9,305 |
EBIT | 9,957 | 8,769 | 5,481 | 3,817 | -24,329 | -8,619 |
EBIT Margin | 5.33% | 4.81% | 3.15% | 2.39% | -27.94% | -8.48% |
Effective Tax Rate | 30.15% | 44.19% | 90.26% | - | - | - |
Advertising Expenses | - | 174 | 210 | 120 | 80 | 140 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.