China Southern Airlines Co Ltd Class A Cash Flow Conversion Efficiency

Latest as of September 2025: 0.319x

China Southern Airlines Co Ltd Class A cash flow conversion efficiency. 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.

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

Cash flow conversion efficiency of China Southern Airlines Co Ltd Class A from 1997 to 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. View China Southern Airlines Co Ltd Class A share price for real-time trading data and today's change.

China Southern Airlines Co Ltd Class A Cash Flow Conversion Ratio Explained

China Southern Airlines Co Ltd Class A cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see China Southern Airlines Co Ltd Class A (600029) total market value for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Shenzhen Kinwong Electronic Co Ltd SHG:603228	0.030x
Trelleborg AB (publ) ST:TREL-B	0.032x
JAPAN EX UN.ADR 1/2 O.N. F:OSKU	N/A
Confluent Inc NASDAQ:CFLT	0.036x
Federal Realty Investment Trust NYSE:FRT	0.094x
Harmony Gold Mining Company Limited F:HAM	0.066x
Solstice Advanced Materials, Inc NASDAQ:SOLS	0.165x
Watts Water Technologies Inc NYSE:WTS	0.047x

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. Review 600029 free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

$9.58 Billion

CN¥65.50 Billion CNY

Market Cap Rank

#2236 Global

#208 in China

Share Price

CN¥4.86

Change (1 day)

+0.62%

52-Week Range

CN¥4.67 - CN¥8.29

All Time High

CN¥12.54