China Southern Airlines Company Limited (ZNHH) - Cash Flow Conversion Efficiency
Based on the latest financial reports, China Southern Airlines Company Limited (ZNHH) has a cash flow conversion efficiency ratio of 0.207x as of June 2023. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€10.97 Billion ≈ $12.82 Billion USD) by net assets (€52.89 Billion ≈ $61.83 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
China Southern Airlines Company Limited - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how China Southern Airlines Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read China Southern Airlines Company Limited (ZNHH) total liabilities for a breakdown of total debt and financial obligations.
China Southern Airlines Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of China Southern Airlines Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wuhu Token Sciences
SHE:300088
|
-0.012x |
|
First Bancorp
NASDAQ:FBNC
|
0.033x |
|
SSI Securities Corp
VN:SSI
|
0.386x |
|
SCHOTT Pharma AG & Co. KGaA
XETRA:1SXP
|
0.096x |
|
Shanghai Luoman Lighting Technologies Inc.
SHG:605289
|
0.017x |
|
Jiangsu Ruitai New Energy Materials Co. Ltd.
SHE:301238
|
0.027x |
|
Offcn Education Technology Co Ltd
SHE:002607
|
0.075x |
|
China Eastern Airlines Corporation Limited
F:CIAH
|
0.238x |
Annual Cash Flow Conversion Efficiency for China Southern Airlines Company Limited (2013–2024)
The table below shows the annual cash flow conversion efficiency of China Southern Airlines Company Limited from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of China Southern Airlines Company Limited.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €52.59 Billion ≈ $61.49 Billion |
€31.45 Billion ≈ $36.76 Billion |
0.598x | -22.54% |
| 2023-12-31 | €52.00 Billion ≈ $60.79 Billion |
€40.13 Billion ≈ $46.92 Billion |
0.772x | +1133.16% |
| 2022-12-31 | €55.36 Billion ≈ $64.72 Billion |
€3.46 Billion ≈ $4.05 Billion |
0.063x | -60.44% |
| 2021-12-31 | €84.51 Billion ≈ $98.80 Billion |
€13.37 Billion ≈ $15.63 Billion |
0.158x | +48.85% |
| 2020-12-31 | €85.13 Billion ≈ $99.53 Billion |
€9.05 Billion ≈ $10.58 Billion |
0.106x | -78.44% |
| 2019-12-31 | €77.33 Billion ≈ $90.41 Billion |
€38.12 Billion ≈ $44.57 Billion |
0.493x | +97.52% |
| 2018-12-31 | €78.47 Billion ≈ $91.74 Billion |
€19.59 Billion ≈ $22.90 Billion |
0.250x | -27.07% |
| 2017-12-31 | €62.54 Billion ≈ $73.12 Billion |
€21.40 Billion ≈ $25.02 Billion |
0.342x | -28.71% |
| 2016-12-31 | €54.98 Billion ≈ $64.27 Billion |
€26.39 Billion ≈ $30.85 Billion |
0.480x | -7.05% |
| 2015-12-31 | €49.80 Billion ≈ $58.22 Billion |
€25.72 Billion ≈ $30.07 Billion |
0.516x | +51.26% |
| 2014-12-31 | €44.27 Billion ≈ $51.76 Billion |
€15.12 Billion ≈ $17.67 Billion |
0.341x | +29.51% |
| 2013-12-31 | €42.21 Billion ≈ $49.35 Billion |
€11.13 Billion ≈ $13.01 Billion |
0.264x | -- |
About China Southern Airlines Company Limited
China Southern Airlines Company Limited offers airline transportation services in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers cargo, mail and luggage transportation services; providing aircraft maintenance services; operating agency business for domestic and foreign airlines; providing airline catering services; aviation ground extension busin… Read more