China Southern Airlines Company Limited (ZNHH) — Cash Flow Quality Index
China Southern Airlines Company Limited (ZNHH) has a Cash Flow Quality Index of 11.85x as of September 2020. Operating cash flow of €8.42 Billion exceeds net income of €711.00 Million, indicating high earnings quality where cash backs reported profits. Explore China Southern Airlines Company Limited debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
China Southern Airlines Company Limited Cash Flow Quality Index (2013–2025)
Historical Cash Flow Quality Index for China Southern Airlines Company Limited across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see China Southern Airlines Company Limited cash flow conversion.
Annual Cash Flow Quality Index for China Southern Airlines Company Limited (2013–2025)
Year-by-year earnings quality comparison for China Southern Airlines Company Limited.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 44.58x | €38.21 Billion | €857.00 Million | ▲ +210.0% |
| 2019 | 14.38x | €38.12 Billion | €2.65 Billion | ▲ +119.0% |
| 2018 | 6.57x | €19.59 Billion | €2.98 Billion | ▲ +81.4% |
| 2017 | 3.62x | €21.40 Billion | €5.91 Billion | ▼ -30.8% |
| 2016 | 5.23x | €26.39 Billion | €5.04 Billion | ▼ -20.8% |
| 2015 | 6.61x | €25.72 Billion | €3.89 Billion | ▼ -22.5% |
| 2014 | 8.53x | €15.12 Billion | €1.77 Billion | ▲ +45.2% |
| 2013 | 5.87x | €11.13 Billion | €1.90 Billion | — |