Transportation
China Southern Airlines Co. Ltd.
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- Upbeat Chinese economic data lifts Hong Kong shares Dec 17, 2019 See more articles on China Southern Airlines Co. Ltd.
Company Background
China Southern Airlines is one of the top three Chinese carriers, alongside Air China and China Eastern Airlines. By sales and passenger numbers in 2014, it ranked No. 1.
China Southern in 2014 carried more than 100 million passengers for the first time. As of April 2015, it had 474 aircraft in its fleet.
The airline is based at Guangzhou Baiyun International Airport in Guangzhou, Guangdong Province. It was established in 1995 and listed on the Hong Kong Exchanges and Clearing in 1997.
The airline is expanding internationally. Its strength is in the Asia-Pacific region, flying to popular destinations such as Bangkok and other parts of Southeast Asia, as well as Japan, Australia and New Zealand. Last year, the airline served 1,052 destinations in 177 countries and regions, including code shares.
China Southern's subsidiaries include Xiamen Airlines, Shantou Airlines, Guizhou Airlines, Zhuhai Airlines, Chongqing Airlines and Henan Airlines. It is a member of SkyTeam, an alliance led by U.S. carrier Delta Air Lines.
Business Summary
China Southern Airlines Co. Ltd. engages in the provision of domestic, international, and regional scheduled and unscheduled air transportation of passenger, cargo, mail and baggage, general aviation, and aircraft maintenance. The company operates through the following segments: Airline Transportation Operations, and Other segments. The Airline Transportation Operations segment engages in the passenger and cargo and mail operations. The other segment includes hotel and tour operation, ground services, cargo handling and other miscellaneous services. The company was founded on March 25, 1995 and is headquartered in Guangzhou, China.
Financial Highlights
| Dec 2018 | HKD | USD |
| Revenue | 170,114.82M | 21,705.11M |
| Gross Profit | 19,371.74M | 2,471.65M |
| Operating income | 4,004.63M | 510.95M |
| Income before tax | 4,620.55M | 589.54M |
| Net income | 3,428.99M | 437.50M |
| EBITDA | 20,550.27M | 2,622.02M |
| Diluted EPS | 0.31 | 0.04 |
| Dividends Per Share | 0.05 | 0.00 |
| Total Assets | 281,610.05M | 35,968.51M |
| Total liabilities | 192,030.44M | 24,526.99M |
| Total equity | 74,416.28M | 9,504.78M |
| Operating cash flow | 18,555.65M | 2,367.53M |
| Currency in HKD | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 136,656.16M | 137,720.58M | 134,345.92M | 147,371.42M | 170,114.82M |
| Gross Profit | 17,806.93M | 26,001.77M | 22,864.78M | 19,663.59M | 19,371.74M |
| Operating income | 3,770.55M | 13,426.43M | 10,853.43M | 6,245.11M | 4,004.63M |
| Income before tax | 3,353.98M | 6,845.81M | 8,237.35M | 9,621.35M | 4,620.55M |
| Net income | 2,236.40M | 4,608.28M | 5,893.50M | 6,873.55M | 3,428.99M |
| EBITDA | 17,397.91M | 28,037.01M | 25,362.86M | 21,192.58M | 20,550.27M |
| Diluted EPS | 0.22 | 0.46 | 0.60 | 0.69 | 0.31 |
| Dividends Per Share | 0.05 | 0.09 | 0.11 | 0.12 | 0.05 |
| Total Assets | 237,105.41M | 221,978.97M | 223,621.39M | 262,559.00M | 281,610.05M |
| Total liabilities | 181,490.23M | 162,752.43M | 162,287.89M | 187,300.68M | 192,030.44M |
| Total equity | 44,684.13M | 46,600.43M | 48,481.31M | 59,945.43M | 74,416.28M |
| Operating cash flow | 17,202.83M | 29,381.50M | 27,970.77M | 20,702.52M | 18,555.65M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 17,622.40M | 17,764.49M | 17,307.13M | 18,911.18M | 21,705.11M |
| Gross Profit | 2,296.28M | 3,353.95M | 2,945.55M | 2,523.29M | 2,471.65M |
| Operating income | 486.22M | 1,731.86M | 1,398.19M | 801.39M | 510.95M |
| Income before tax | 432.51M | 883.03M | 1,061.17M | 1,234.64M | 589.54M |
| Net income | 288.39M | 594.41M | 759.23M | 882.03M | 437.50M |
| EBITDA | 2,243.53M | 3,616.47M | 3,267.37M | 2,719.50M | 2,622.02M |
| Diluted EPS | 0.02 | 0.06 | 0.07 | 0.08 | 0.04 |
| Dividends Per Share | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 |
| Total Assets | 30,575.11M | 28,641.89M | 28,842.65M | 33,586.91M | 35,968.51M |
| Total liabilities | 23,403.45M | 20,999.90M | 20,931.86M | 23,959.76M | 24,526.99M |
| Total equity | 5,762.08M | 6,012.84M | 6,253.11M | 7,668.30M | 9,504.78M |
| Operating cash flow | 2,218.38M | 3,789.90M | 3,603.33M | 2,656.61M | 2,367.53M |
Valuation Measures
| Dec 2018 | |
| PER | 13.29 |
| ROA | 1.26% |
| ROE | 5.10% |
| Operating margin | 2.35% |
| Profit margin | 2.01% |
Key executives
- Vice Chairman, President & Chief Executive Officer: Xu Lun Ma
- Chief Financial Officer, Chief Accountant & EVP: Li Xin Xiao
- Executive Vice President: Zheng Rong Zhang
- Executive Vice President: Lai Jun Luo
- Chief Economist: Liang Su
Shareholders
- China State-Owned Assets Supervision & Admn Commission (62.3%)
- American Airlines Group, Inc. (7.3%)
- Government of Qatar (5%)
- The Vanguard Group, Inc. (1.7%)
- FIL Investment Management (Hong Kong) Ltd. (0.8%)
- Dimensional Fund Advisors LP (0.8%)
- BlackRock Fund Advisors (0.7%)
- Norges Bank Investment Management (0.6%)
- BlackRock Advisors (UK) Ltd. (0.2%)
- Fullgoal Fund Management Co., Ltd. (0.1%)
Contact Details
- Website:http://www.csair.com
- Address: China Southern Airlines Building, 68 Qixin Road, Guangzhou, 510403, China
- Phone: +86.20.86124462
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Competitors
- China Airlines Ltd.
- China Eastern Airlines Corporation Limited Class H
- PT Garuda Indonesia (Persero) Tbk Class B
- PAL Holdings, Inc.
- Thai Airways International Public Co. Ltd.
- Qantas Airways Limited
- Cathay Pacific Airways Limited
- Eva Airways Corporation
- Singapore Airlines Ltd.
- Air China Limited Class H
- Deutsche Lufthansa AG
- United Airlines Holdings, Inc.
- Vietnam Airlines JSC
- Air New Zealand Limited
- AirAsia Group Bhd.
- Shandong Airlines Co., Ltd. Class B
- Spring Airlines Co., Ltd. Class A
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Last Updated on 17 Jan, 2020