Valuation China Southern Airlines Company Limited Hong Kong S.E.

Stocks

Market Closed - Hong Kong S.E. Other stock markets 12:08:14 16/06/2026 +04			5-day change	1st Jan Change
3.840 ^HKD	-1.54%		+9.40%	-34.02%

07:19am	China Southern Airlines' Passenger Capacity Falls 2.9% in May	MT
06-15	China Southern Airlines Company Limited(SHSE:600029) added to SSE 180 Index	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	104,399	123,293	91,580	105,270	132,238	89,231	-	-
Change	-	18.1%	-25.72%	14.95%	25.62%	-32.52%	-	-
Enterprise Value (EV) ¹	175,018	305,301	252,772	315,642	251,678	304,797	301,167	288,500
Change	-	74.44%	-17.21%	24.87%	-20.26%	21.11%	-1.19%	-4.21%
P/E Ratio	-9.08x	-4x	-25x	-72.1x	160x	-114x	19.9x	10.3x
PBR	1.71x	3.35x	2.84x	3.39x	4.08x	2.84x	2.49x	2.05x
PEG	-	-0x	0.3x	1.2x	-1x	1x	-0x	0.1x
Capitalization / Revenue	1.03x	1.42x	0.57x	0.6x	0.73x	0.45x	0.43x	0.4x
EV / Revenue	1.72x	3.51x	1.58x	1.81x	1.38x	1.53x	1.45x	1.3x
EV / EBITDA	14.5x	-87.5x	9.05x	8.61x	6.13x	8.31x	6.87x	5.64x
EV / EBIT	-12.2x	-10.8x	288x	37.9x	63.4x	102x	35.8x	19.1x
EV / FCF	-63x	-37.1x	11.1x	33x	12.1x	22.3x	18.8x	-
FCF Yield	-1.59%	-2.7%	9%	3.03%	8.29%	4.49%	5.32%	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	-0.75	-1.9	-0.23	-0.09	0.05	-0.0478	0.2739	0.53
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	101,644	87,059	159,929	174,224	182,256	199,498	207,256	222,363
EBITDA ¹	12,051	-3,488	27,919	36,668	41,051	36,662	43,857	51,175
EBIT ¹	-14,302	-28,203	877	8,327	3,967	2,981	8,421	15,104
Net income ¹	-12,103	-32,699	-4,140	-1,769	857	-5,039	5,487	6,768
Net Debt ¹	70,619	182,008	161,192	210,372	119,440	215,566	211,936	199,269
Reference price ²	6.810	7.600	5.760	6.490	8.010	5.460	5.460	5.460
Nbr of stocks (in thousands)	16,948,417	18,120,890	18,120,906	18,120,912	18,120,922	18,120,969	-	-
Announcement Date	30/03/22	28/03/23	27/03/24	26/03/25	30/03/26	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
DELTA AIR LINES, INC.	17.9x	0.99x	8.57x	0.92%	54.93B
UNITED AIRLINES HOLDINGS, INC.	12.24x	0.83x	7.34x	-.--%	38.94B
RYANAIR HOLDINGS PLC	12.56x	1.61x	6.64x	1.8%	31.46B
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.	9.26x	0.83x	4.03x	2%	26.89B
INTERGLOBE AVIATION LIMITED	-342.45x	2.55x	13.46x	0.2%	19.97B
SINGAPORE AIRLINES LIMITED	25.52x	1.19x	5.87x	3.71%	17.62B
LATAM AIRLINES GROUP S.A.	10.04x	1.22x	5.02x	2.97%	15.86B
AIR CHINA LIMITED	-21.58x	1.59x	10.45x	-.--%	15.07B
CHINA EASTERN AIRLINES CORPORATION LIMITED	133.16x	1.68x	9.52x	-.--%	12.77B
Average	-15.93x	1.39x	7.88x	1.29%	25.95B
Weighted average by Cap.	-11.78x	1.27x	7.73x	1.19%