China Southern Airlines Co Ltd Class A (600029) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.319x

Based on the latest financial reports, China Southern Airlines Co Ltd Class A (600029) has a cash flow conversion efficiency ratio of 0.319x as of September 2025. 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 (CN¥18.07 Billion ≈ $2.64 Billion USD) by net assets (CN¥56.58 Billion ≈ $8.28 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 600029 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

China Southern Airlines Co Ltd Class A - Cash Flow Conversion Efficiency Trend (1997–2025)

This chart illustrates how China Southern Airlines Co Ltd Class A's cash flow conversion efficiency has evolved over time, based on yearly financial data.

China Southern Airlines Co Ltd Class A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of China Southern Airlines Co Ltd Class A ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Saia Inc NASDAQ:SAIA	0.053x
Turkiye Petrol Rafinerileri AS IS:TUPRS	0.108x
MP Materials Corp NYSE:MP	-0.018x
Symrise AG F:SY1	0.019x
Logitech International S.A. SW:LOGN	0.209x
Guangdong Fenghua Advanced Technology Holding Co Ltd SHE:000636	0.007x
SK TELECOM CO.LTD.ADR 5/9 F:KMBA	0.085x
Revvity Inc. NYSE:RVTY	0.025x

Annual Cash Flow Conversion Efficiency for China Southern Airlines Co Ltd Class A (1997–2025)

The table below shows the annual cash flow conversion efficiency of China Southern Airlines Co Ltd Class A from 1997 to 2025. For the full company profile with market capitalisation and key ratios, see China Southern Airlines Co Ltd Class A market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥55.01 Billion ≈ $8.05 Billion	CN¥38.21 Billion ≈ $5.59 Billion	0.695x	+16.17%
2024-12-31	CN¥52.59 Billion ≈ $7.70 Billion	CN¥31.45 Billion ≈ $4.60 Billion	0.598x	-22.54%
2023-12-31	CN¥52.00 Billion ≈ $7.61 Billion	CN¥40.13 Billion ≈ $5.87 Billion	0.772x	+1844.04%
2022-12-31	CN¥55.36 Billion ≈ $8.10 Billion	CN¥-2.45 Billion ≈ $-358.51 Million	-0.044x	-148.65%
2021-12-31	CN¥84.51 Billion ≈ $12.37 Billion	CN¥7.69 Billion ≈ $1.12 Billion	0.091x	+187.05%
2020-12-31	CN¥85.13 Billion ≈ $12.46 Billion	CN¥2.70 Billion ≈ $394.80 Million	0.032x	-92.14%
2019-12-31	CN¥77.33 Billion ≈ $11.32 Billion	CN¥31.18 Billion ≈ $4.56 Billion	0.403x	+105.58%
2018-12-31	CN¥78.47 Billion ≈ $11.48 Billion	CN¥15.39 Billion ≈ $2.25 Billion	0.196x	-30.83%
2017-12-31	CN¥62.54 Billion ≈ $9.15 Billion	CN¥17.73 Billion ≈ $2.59 Billion	0.284x	-34.41%
2016-12-31	CN¥54.98 Billion ≈ $8.04 Billion	CN¥23.76 Billion ≈ $3.48 Billion	0.432x	-9.62%
2015-12-31	CN¥49.62 Billion ≈ $7.26 Billion	CN¥23.73 Billion ≈ $3.47 Billion	0.478x	+56.82%
2014-12-31	CN¥44.49 Billion ≈ $6.51 Billion	CN¥13.57 Billion ≈ $1.99 Billion	0.305x	+33.44%
2013-12-31	CN¥42.45 Billion ≈ $6.21 Billion	CN¥9.70 Billion ≈ $1.42 Billion	0.229x	-22.40%
2012-12-31	CN¥39.73 Billion ≈ $5.81 Billion	CN¥11.70 Billion ≈ $1.71 Billion	0.295x	-11.38%
2011-12-31	CN¥37.78 Billion ≈ $5.53 Billion	CN¥12.56 Billion ≈ $1.84 Billion	0.332x	-12.23%
2010-12-31	CN¥30.21 Billion ≈ $4.42 Billion	CN¥11.44 Billion ≈ $1.67 Billion	0.379x	-43.94%
2009-12-31	CN¥13.26 Billion ≈ $1.94 Billion	CN¥8.96 Billion ≈ $1.31 Billion	0.676x	+454.41%
2008-12-31	CN¥9.48 Billion ≈ $1.39 Billion	CN¥1.16 Billion ≈ $169.01 Million	0.122x	-73.90%
2007-12-31	CN¥14.71 Billion ≈ $2.15 Billion	CN¥6.87 Billion ≈ $1.01 Billion	0.467x	+155.27%
2006-12-31	CN¥12.12 Billion ≈ $1.77 Billion	CN¥2.22 Billion ≈ $324.42 Million	0.183x	-43.07%
2005-12-31	CN¥11.94 Billion ≈ $1.75 Billion	CN¥3.83 Billion ≈ $561.18 Million	0.321x	+24.22%
2004-12-31	CN¥13.90 Billion ≈ $2.03 Billion	CN¥3.60 Billion ≈ $526.21 Million	0.259x	+64.87%
2003-12-31	CN¥13.57 Billion ≈ $1.99 Billion	CN¥2.13 Billion ≈ $311.50 Million	0.157x	-52.78%
2002-12-31	CN¥11.13 Billion ≈ $1.63 Billion	CN¥3.70 Billion ≈ $541.07 Million	0.332x	+58.34%
2001-12-31	CN¥10.60 Billion ≈ $1.55 Billion	CN¥2.22 Billion ≈ $325.43 Million	0.210x	-9.40%
2000-12-31	CN¥10.17 Billion ≈ $1.49 Billion	CN¥2.36 Billion ≈ $344.70 Million	0.232x	-30.37%
1999-12-31	CN¥9.62 Billion ≈ $1.41 Billion	CN¥3.20 Billion ≈ $468.12 Million	0.333x	+178.51%
1998-12-31	CN¥9.27 Billion ≈ $1.36 Billion	CN¥1.11 Billion ≈ $162.05 Million	0.119x	-56.59%
1997-12-31	CN¥9.73 Billion ≈ $1.42 Billion	CN¥2.68 Billion ≈ $391.74 Million	0.275x	--

About China Southern Airlines Co Ltd Class A

SHG:600029 China Airlines

Market Cap

$10.25 Billion

CN¥70.08 Billion CNY

Market Cap Rank

#2203 Global

#254 in China

Share Price

CN¥5.20

Change (1 day)

-2.80%

52-Week Range

CN¥5.20 - CN¥8.29

All Time High

CN¥12.54