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China Southern Airlines Company Limited (600029.SS)

CNY5.05 +0.01 (+0.20%)
CN SHH Industrials Airlines, Airports & Air Services
Address China Southern Air Building 510403
Guangzhou, CN
CEO Wensheng Han
Website csair.com
IPO 2003-07-25
ISIN CNE000001FG0

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 1055.HK (HKD) New York Stock Exchange · ZNH (USD) Other OTC · CHKIF (USD) Shanghai Stock Exchange · 600029.SS (CNY)
Description

China Southern Airlines Company Limited stands as a significant aviation service provider, offering flights across the People's Republic of China, Hong Kong, Macau, and Taiwan, as well as numerous international routes. The enterprise organizes its activities into two main areas: Airline Transportation Operations and a collective of Other Segments. Its core offerings extend beyond passenger transport to include freight, postal services, and various supplementary transportation solutions. Furthermore, the company delivers a comprehensive array of ancillary services, such as aircraft upkeep and maintenance, in-flight catering, cargo management, logistics, freight forwarding, and airport ground support. Its diverse portfolio also encompasses general aviation, import and export agency work, flight simulation, leasing, pilot instruction, hotel management, and guided tours. The airline operates a sizable fleet composed of 879 commercial planes and 28 civilian helicopters. Established in 1995, China Southern Airlines maintains its corporate headquarters in Guangzhou, within the People's Republic of China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY5.05 +0.01 (+0.20%)
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Volume Profile
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Liquidity & share structure
Average Volume
129M
Beta
0.41
Float Shares
5.49B
Free Float %
30.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.29% +1.10% +1.48% -25.20% -19.03% -31.46% -9.85% -12.44% -13.81% -16.18% +112.24%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (3 ratings, all time) Buy
Price Targets & DCF
Current price
5.05
DCF (Levered) 25.00 +395.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 55% Bullish
Rating 2024-11 Change
Strong Buy 5 0
Buy 6 0
Hold 2 0
Sell 7 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.30
Distress
Piotroski F-Score
9 / 9
Strong
MOAT Score
2 / 10
No MOAT
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Airlines, Airports & Air Services: +6.5%
    +4.6% Q1'26: +10.1% (vs Q1'25)
  • EPS growth Airlines, Airports & Air Services: +12.5%
    +155.6% Q1'26: +298.3% (vs Q1'25)
  • FCF margin FCF growth · Airlines, Airports & Air Services: -2.8%
    +8.8% Q1'26: -0.4% (vs Q1'25)
  • EBIT margin Airlines, Airports & Air Services: +10.3%
    +5.7% Q1'26: +3.6% (vs Q1'25)
  • ROIC Airlines, Airports & Air Services: +6.0%
    +3.1% Q1'26: +2.1% (vs Q1'25)
  • Share dilution Airlines, Airports & Air Services: +0.0%
    -9.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Airlines, Airports & Air Services: 1.43×
    4.03× Q1'26: 32.74× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.42) × ERP
WACC = 36% × Ke + 64% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 5.05
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
12 Rev. Ana.
12 EPS Ana.
Dec 2027
12 Rev. Ana.
12 EPS Ana.
Dec 2028
8 Rev. Ana.
8 EPS Ana.
Revenue
111.50B
est: 112.78B (-1.1%)
114.80B
est: 114.23B (+0.5%)
127.49B
est: 127.25B (+0.2%)
143.62B
est: 145.13B (-1.0%)
154.32B
est: 154.79B (-0.3%)
92.56B
est: 93.73B (-1.2%)
101.64B
est: 102.14B (-0.5%)
87.06B
est: 86.48B (+0.7%)
159.93B
est: 159.46B (+0.3%)
174.22B
est: 176.98B (-1.6%)
182.26B
est: 177.49B (+2.7%)
198.93B
187.71B – 215.62B
+12.1% YoY
206.67B
194.18B – 225.59B
+3.9% YoY
221.47B
220.67B – 222.26B
+7.2% YoY
EBITDA
21.93B
est: 479.79M (+4,471.3%)
21.36B
est: 485.97M (+4,296.0%)
21.19B
est: 541.33M (+3,814.8%)
22.26B
est: 617.43M (+3,505.3%)
19.33B
est: 658.49M (+2,835.8%)
275.00M
est: 398.75M (-31.0%)
686.00M
est: 434.50M (+57.9%)
-15.16B
est: 367.91M (-4,220.9%)
14.49B
est: 678.36M (+2,035.6%)
16.57B
est: 8.70B (+90.5%)
41.46B
est: 8.72B (+375.2%)
9.78B
9.23B – 10.60B
+12.1% YoY
10.16B
9.54B – 11.09B
+3.9% YoY
10.89B
10.85B – 10.92B
+7.2% YoY
EBIT
10.01B
est: -9.14B (+209.6%)
8.66B
est: -9.25B (+193.6%)
7.96B
est: -10.31B (+177.2%)
8.00B
est: -11.76B (+168.1%)
10.04B
est: -12.54B (+180.1%)
-8.90B
est: -7.59B (-17.2%)
-8.62B
est: -8.27B (-4.2%)
-24.33B
est: -7.01B (-247.2%)
3.82B
est: -12.92B (+129.5%)
5.48B
est: -8.92B (+161.4%)
10.36B
est: -8.95B (+215.8%)
-10.03B
-10.87B – -9.46B
-12.1% YoY
-10.42B
-11.37B – -9.79B
-3.9% YoY
-11.16B
-11.20B – -11.12B
-7.2% YoY
Net Income
3.89B
est: 10.13B (-61.6%)
5.06B
est: 11.20B (-54.9%)
5.91B
est: 12.31B (-52.0%)
2.98B
est: 5.84B (-48.9%)
2.65B
est: 7.41B (-64.2%)
-10.84B
est: -12.21B (+11.2%)
-12.10B
est: -11.82B (-2.4%)
-32.68B
est: -24.92B (-31.1%)
-4.21B
est: -357.20M (-1,078.3%)
-1.70B
est: -121.21M (-1,299.2%)
857.00M
est: 1.33B (-35.5%)
1.57B
-4.64B – 3.83B
+17.9% YoY
5.06B
1.84B – 9.55B
+223.0% YoY
10.35B
5.62B – 13.38B
+104.5% YoY
SGA
9.72B
est: 9.16B (+6.1%)
9.43B
est: 9.28B (+1.7%)
10.40B
est: 10.34B (+0.6%)
10.82B
est: 11.79B (-8.2%)
11.97B
est: 12.57B (-4.8%)
9.03B
est: 7.61B (+18.6%)
8.67B
est: 8.30B (+4.5%)
8.13B
est: 7.02B (+15.8%)
10.42B
est: 12.95B (-19.6%)
11.26B
est: 13.21B (-14.7%)
11.79B
est: 13.25B (-11.0%)
14.85B
14.01B – 16.09B
+12.1% YoY
15.43B
14.49B – 16.84B
+3.9% YoY
16.53B
16.47B – 16.59B
+7.2% YoY
EPS
0.38
est: 0.54 (-29.3%)
0.51
est: 0.59 (-14.2%)
0.60
est: 0.65 (-8.1%)
0.27
est: 0.31 (-12.9%)
0.22
est: 0.39 (-44.1%)
-0.84
est: -0.65 (-29.7%)
-0.68
est: -0.63 (-8.4%)
-1.96
est: -1.32 (-48.2%)
-0.23
est: -0.02 (-1,113.4%)
-0.09
est: -0.01 (-1,172.6%)
0.05
est: 0.08 (-34.3%)
-0.04
-0.27 – 0.22
-154.0% YoY
0.28
0.11 – 0.56
+790.6% YoY
0.54
0.33 – 0.78
+91.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-28 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-27 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-26 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-25 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-22 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-21 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-20 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-19 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-18 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-15 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-14 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-13 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-12 B- 3/5 4/5 3/5 3/5 1/5 2/5 2/5
2026-05-11 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-05-08 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-05-07 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-05-06 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-30 B 3/5 4/5 3/5 3/5 1/5 2/5 3/5
2026-04-29 C+ 2/5 4/5 2/5 3/5 1/5 1/5 2/5
2026-04-28 C+ 2/5 4/5 2/5 3/5 1/5 1/5 2/5
2026-04-27 C+ 2/5 4/5 2/5 3/5 1/5 1/5 2/5
2026-04-24 B- 2/5 4/5 2/5 4/5 1/5 1/5 2/5
2026-04-23 C+ 2/5 3/5 2/5 4/5 1/5 1/5 2/5
2026-04-22 C+ 2/5 3/5 2/5 4/5 1/5 1/5 2/5
2026-04-21 C+ 2/5 3/5 2/5 4/5 1/5 1/5 2/5
2026-04-20 C+ 2/5 3/5 2/5 4/5 1/5 1/5 2/5
2026-04-17 C+ 2/5 3/5 2/5 4/5 1/5 1/5 2/5
2026-04-16 C+ 2/5 3/5 2/5 4/5 1/5 1/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
44.65B
OE per share TTM
2.49
Owner's Yield
44.88%
Maintenance CapEx ratio
225.19%
Maint CapEx / Avg PPE
192.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 109 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 HSBC MSCI China A UCITS ETF HMCT.L 0.18% 242.0K 0.30%
2 Samsung KODEX China CSI300 ETF 283580.KS 0.12% 244.4K 0.12%
3 iShares MSCI China A ETF CNYA 0.12% 276.5K 0.60%
4 Xtrackers Harvest CSI 300 China A-Shares ETF ASHR 0.12% 1.57M 0.65%
5 iShares MSCI China A UCITS ETF CNYA.L 0.11% 3.51M 0.40%
6 iShares MSCI China A UCITS ETF CNYE.MI 0.11% 115.8K 0.45%
7 Xtrackers MSCI China A UCITS ETF 1C XX2D.L 0.11% 155.3K 0.35%
8 Xtrackers Harvest CSI300 UCITS ETF 1D ASHR.L 0.11% 345.5K 0.65%
9 Amundi MSCI China A UCITS ETF Acc CNAA.L 0.10% 145.7K 0.35%
10 Xtrackers Harvest CSI A500 UCITS ETF 1D AH50.L 0.09% 15.2K 0.65%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
101.0K
Shares Outstanding
18.12B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
An Ning Ding Operations Director male
Bing Xie Chief Economist male
Dong Chen Executive Vice President, Accounting Supervisor, Deputy GM, Financial Director, Chief Accountant & Chief Financial Officer male
Mian Song Li Service Director male
Peng Zhang Deputy GM of Strategic Planning & Investment Division & Deputy Director
Qi Cai Chief Security Officer male
Weihua Chen Chief Legal Counsel, General Legal Counsel & Joint Company Secretary male
Wenhui Pi General Manager of Strategic Planning & Investment Department
Wensheng Han Vice Chairman, GM & President male
Xulun Ma Executive Chairman of Board male
Yong Zhang Deputy General Manager male
Yongchao Zeng Executive Vice President & Deputy GM male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits