Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
173.03B | 174.22B | 159.93B | 87.06B | 101.64B | 92.56B | Gross Profit |
13.46B | 14.65B | 12.35B | -17.18B | 22.77B | 22.90B | EBIT |
-2.33B | -747.00M | -2.14B | -22.54B | -6.74B | -8.25B | EBITDA |
3.82B | 32.35B | 27.69B | -5.36B | 13.90B | 14.05B | Net Income Common Stockholders |
-3.20B | -1.70B | -4.21B | -33.72B | -11.02B | -11.83B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
7.14B | 18.69B | 13.08B | 19.89B | 21.46B | 25.42B | Total Assets |
218.72B | 329.74B | 309.23B | 312.25B | 323.21B | 326.38B | Total Debt |
116.21B | 171.46B | 171.12B | 214.54B | 199.02B | 199.45B | Net Debt |
109.39B | 155.47B | 161.19B | 194.65B | 177.56B | 174.03B | Total Liabilities |
156.18B | 277.14B | 257.23B | 256.89B | 238.70B | 241.25B | Stockholders Equity |
49.94B | 34.73B | 36.78B | 41.27B | 67.85B | 69.58B |
Cash Flow | Free Cash Flow | ||||
-343.00M | 15.31B | 28.77B | -14.15B | -9.45B | -8.36B | Operating Cash Flow |
5.93B | 31.45B | 40.13B | -2.45B | 7.69B | 2.70B | Investing Cash Flow |
-15.00B | -16.45B | -17.51B | -5.85B | -15.82B | -8.05B | Financing Cash Flow |
-8.90B | -11.55B | -33.01B | 299.00M | 4.19B | 22.30B |
China Southern Airlines has announced the closure of its register of members in preparation for its first extraordinary general meeting (EGM) of 2025, scheduled for June 27. The closure period, from June 18 to June 27, is set to determine the eligibility of H share holders to attend and vote at the EGM, impacting shareholders’ ability to transfer shares during this time.
The most recent analyst rating on (HK:1055) stock is a Sell with a HK$2.40 price target. To see the full list of analyst forecasts on China Southern Airlines Company Limited Class H stock, see the HK:1055 Stock Forecast page.
China Southern Airlines held its 2024 Annual General Meeting (AGM) where all proposed resolutions were passed. The meeting saw the resignation of a supervisor, the appointment of a new director and supervisor, and changes in the composition of several committees, including the Audit and Risk Management Committee, Nomination Committee, and Aviation Safety Committee. These changes are expected to impact the company’s governance and operational strategies positively.
The most recent analyst rating on (HK:1055) stock is a Hold with a HK$4.20 price target. To see the full list of analyst forecasts on China Southern Airlines Company Limited Class H stock, see the HK:1055 Stock Forecast page.
China Southern Airlines Company Limited has announced the composition of its board of directors and their respective roles within the company. The board includes executive directors, independent non-executive directors, and members of various committees such as Audit and Risk Management, Remuneration and Assessment, Nomination, Strategic and Investment, and Aviation Safety. This announcement reflects the company’s commitment to maintaining a structured and transparent governance framework, which is crucial for its operational efficiency and strategic decision-making processes.
The most recent analyst rating on (HK:1055) stock is a Hold with a HK$4.20 price target. To see the full list of analyst forecasts on China Southern Airlines Company Limited Class H stock, see the HK:1055 Stock Forecast page.
In April 2025, China Southern Airlines reported an increase in passenger capacity by 8.83% year-on-year, with significant growth in international routes. Passenger traffic also rose by 12.14%, and the passenger load factor improved to 85.58%. However, cargo operations saw a decrease in load factor despite a 14.46% increase in capacity. The company expanded its fleet by introducing eight new aircraft while retiring three, maintaining a total of 937 aircraft.
The most recent analyst rating on (HK:1055) stock is a Buy with a HK$4.60 price target. To see the full list of analyst forecasts on China Southern Airlines Company Limited Class H stock, see the HK:1055 Stock Forecast page.
China Southern Airlines has announced its authorization for Xiamen Airlines to provide financial guarantees to several of its subsidiaries, including Hebei Airlines, various aircraft lease companies, Jiangxi Airlines, and Shangzhou Aviation Logistics. The total guarantee amount is substantial, with a maximum balance of RMB3,610 million for Hebei Airlines and varying amounts for other subsidiaries. This move highlights the company’s strategy to support its subsidiaries’ financial stability and growth, though it also raises concerns due to the total guarantees exceeding 100% of the company’s latest audited net assets, with some subsidiaries having high asset liability ratios.
China Southern Airlines reported its unaudited financial results for the first quarter of 2025, revealing a challenging period with a net loss of RMB 747 million compared to a profit in the same period last year. The company experienced a slight decrease in operating income and a significant drop in net cash flows from operating activities, indicating financial pressures and potential challenges in maintaining profitability. Despite a marginal increase in total assets, the equity attributable to shareholders decreased, reflecting the financial strain on the company.
China Southern Airlines has announced the agenda for its upcoming Annual General Meeting (AGM) scheduled for May 23, 2025. Key resolutions to be discussed include the approval of the 2024 financial reports, a decision on profit distribution, and the appointment of KPMG as the external auditor for 2025. Notably, the company will not distribute profits for 2024 due to unmet conditions under its Articles of Association. Additionally, resolutions concerning shareholder returns and the authorization for the board to issue additional shares will be considered. These decisions are crucial for the company’s financial management and strategic planning, impacting stakeholders and future operations.
China Southern Airlines Company Limited has announced the closure of its register of members in preparation for its upcoming annual general meeting (AGM) scheduled for May 23, 2025. The closure period is set from May 14 to May 23, 2025, during which shareholders must ensure their share transfer documents are lodged with the company’s registrar to qualify for AGM attendance. This announcement is significant for shareholders as it outlines the procedural requirements for participation in the AGM, which could impact their voting rights and engagement with the company’s governance.
China Southern Airlines Company Limited announced that its controlling shareholder, China Southern Air Holding Company Limited (CSAH), along with its subsidiaries, has committed not to reduce their shareholdings in the company for 18 months. This decision reflects CSAH’s confidence in the company’s future and the long-term prospects of China’s aviation industry, aiming to ensure stable development and protect shareholder interests.
In March 2025, China Southern Airlines reported a 3.07% increase in passenger capacity compared to the previous year, with international routes showing significant growth of 25.46%. Passenger traffic also rose by 6.08%, with a notable increase in the passenger load factor to 84.74%. The company expanded its cargo operations, with a 2.82% increase in cargo capacity and a 5.45% rise in cargo traffic. Additionally, the airline introduced a new route and added thirteen aircraft to its fleet, enhancing its operational capabilities and market presence.
China Southern Airlines Company Limited has announced a board meeting scheduled for April 29, 2025, to review and approve the company’s first quarterly results for the period ending March 31, 2025. This meeting is a significant event as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.
China Southern Airlines announced that its uncovered losses have exceeded one-third of its total share capital, amounting to RMB38.584 billion as of December 31, 2024. Despite efforts to enhance passenger and cargo operations and control costs, the company remains in a state of loss. In response, the company plans to improve operational efficiency in 2025 by optimizing capacity allocation, enhancing cargo operations, and strengthening cost management to support its operations and market positioning.
China Southern Airlines Company Limited has announced the appointment of Mr. Han Wen Sheng as a member of both the remuneration and assessment committee and the nomination committee, effective March 26, 2025. Additionally, the company has proposed the appointment of Mr. Zhang Tao as a shareholder representative supervisor, pending approval at the 2024 annual general meeting. These appointments are part of the company’s ongoing efforts to strengthen its governance and leadership structure, potentially impacting its operational efficiency and stakeholder confidence.
China Southern Airlines has announced the composition of its board of directors and their roles within the company. This update includes the appointment of executive and independent non-executive directors, as well as their assignments to various board committees. These changes are likely to impact the company’s governance and strategic decision-making, potentially influencing its operational efficiency and market positioning.
China Southern Airlines Company Limited announced its financial results for the year ended December 31, 2024, reporting a significant increase in operating revenue to RMB 174,224 million from RMB 159,929 million in 2023. Despite the rise in revenue, the company posted a net loss of RMB 25 million, a notable improvement from the previous year’s loss of RMB 2,957 million. The results reflect increased operating expenses, particularly in flight operations and aircraft services, but also highlight a recovery trend with improved operating profit and reduced net loss, indicating a positive trajectory for the company and its stakeholders.
China Southern Airlines Company Limited announced the resignation of Mr. Luo Lai Jun from his roles as executive director and committee member, effective March 21, 2025, due to work changes. The board expressed gratitude for Mr. Luo’s contributions, and his departure is not expected to affect the company’s operations or stakeholder interests.
China Southern Airlines Company Limited has announced the composition of its board of directors and their respective roles within the company’s committees. This announcement highlights the leadership structure of the company, which is crucial for its strategic direction and operational oversight. The board includes a mix of executive and independent non-executive directors, ensuring a balanced governance approach. This structure is expected to enhance the company’s decision-making processes and maintain high standards of aviation safety and strategic investment.
In February 2025, China Southern Airlines reported a slight decrease in passenger capacity but an increase in passenger traffic, particularly on international routes. The airline also saw a significant rise in cargo and mail traffic, despite a reduction in cargo capacity. The introduction of new aircraft and routes, such as the Fuzhou-Phnom Penh route, highlights the company’s efforts to expand its operations and enhance its market presence.