China Southern Airlines Co Ltd Class A (600029) — Cash Flow Quality Index

Latest as of September 2025: 4.71x

China Southern Airlines Co Ltd Class A (600029) has a Cash Flow Quality Index of 4.71x as of September 2025. Operating cash flow of CN¥18.07 Billion exceeds net income of CN¥3.84 Billion, indicating high earnings quality where cash backs reported profits. Explore 600029 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

4.71x
Operating CF / Net Income

Operating Cash Flow

CN¥18.07 Billion
CNY

Net Income

CN¥3.84 Billion
CNY

Data as of

Sep 2025
Most recent filing

China Southern Airlines Co Ltd Class A Cash Flow Quality Index (1997–2025)

Historical Cash Flow Quality Index for China Southern Airlines Co Ltd Class A across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see 600029 cash generation efficiency.

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

Year-by-year earnings quality comparison for China Southern Airlines Co Ltd Class A.

Year Quality Index Operating CF (CNY) Net Income YoY Change
2025 44.58x CN¥38.21 Billion CN¥857.00 Million ▲ +479.9%
2019 7.69x CN¥31.18 Billion CN¥4.05 Billion ▲ +118.0%
2018 3.53x CN¥15.39 Billion CN¥4.36 Billion ▲ +76.5%
2017 2.00x CN¥17.73 Billion CN¥8.87 Billion ▼ -35.6%
2016 3.10x CN¥23.76 Billion CN¥7.66 Billion ▼ -20.0%
2015 3.88x CN¥23.73 Billion CN¥6.12 Billion ▼ -12.3%
2014 4.43x CN¥13.57 Billion CN¥3.07 Billion ▲ +58.9%
2013 2.79x CN¥9.70 Billion CN¥3.48 Billion ▲ +12.7%
2012 2.47x CN¥11.70 Billion CN¥4.74 Billion ▲ +36.3%
2011 1.81x CN¥12.56 Billion CN¥6.93 Billion ▲ +28.2%
2010 1.41x CN¥11.44 Billion CN¥8.09 Billion ▼ -93.2%
2009 20.74x CN¥8.96 Billion CN¥432.00 Million ▲ +782.5%
2007 2.35x CN¥6.87 Billion CN¥2.92 Billion ▼ -69.9%
2006 7.81x CN¥2.22 Billion CN¥284.00 Million ▼ -49.7%
2004 15.52x CN¥3.60 Billion CN¥231.74 Million ▲ +141.6%
2002 6.42x CN¥3.70 Billion CN¥575.76 Million ▲ +129.6%
2001 2.80x CN¥2.22 Billion CN¥795.11 Million ▲ +10.6%
2000 2.53x CN¥2.36 Billion CN¥931.44 Million ▼ -93.5%
1999 38.81x CN¥3.20 Billion CN¥82.42 Million ▲ +1550.1%
1997 2.35x CN¥2.68 Billion CN¥1.14 Billion —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.