China Southern Airlines Co Ltd Class A (600029) — Cash Flow-to-Debt Ratio
China Southern Airlines Co Ltd Class A (600029) has a Cash Flow-to-Debt Ratio of 0.06x as of September 2025, meaning its operating cash flow of CN¥18.07 Billion could theoretically repay 0% of its total liabilities (CN¥284.00 Billion) in one year. See how financially flexible is China Southern Airlines Co Ltd Class A to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
China Southern Airlines Co Ltd Class A Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for China Southern Airlines Co Ltd Class A across 29 annual periods. For the full cash flow conversion analysis, see China Southern Airlines Co Ltd Class A (600029) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for China Southern Airlines Co Ltd Class A (1997–2025)
Year-by-year debt coverage analysis for China Southern Airlines Co Ltd Class A. Check 600029 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | CN¥38.21 Billion | CN¥294.80 Billion | ▲ +14.2% |
| 2024 | 0.11x | CN¥31.45 Billion | CN¥277.14 Billion | ▼ -27.3% |
| 2023 | 0.16x | CN¥40.13 Billion | CN¥257.23 Billion | ▲ +1735.9% |
| 2022 | -0.01x | CN¥-2.45 Billion | CN¥256.89 Billion | ▼ -129.6% |
| 2021 | 0.03x | CN¥7.69 Billion | CN¥238.70 Billion | ▲ +188.0% |
| 2020 | 0.01x | CN¥2.70 Billion | CN¥241.25 Billion | ▼ -91.8% |
| 2019 | 0.14x | CN¥31.18 Billion | CN¥229.60 Billion | ▲ +48.7% |
| 2018 | 0.09x | CN¥15.39 Billion | CN¥168.48 Billion | ▼ -19.6% |
| 2017 | 0.11x | CN¥17.73 Billion | CN¥156.18 Billion | ▼ -30.5% |
| 2016 | 0.16x | CN¥23.76 Billion | CN¥145.47 Billion | ▼ -6.1% |
| 2015 | 0.17x | CN¥23.73 Billion | CN¥136.37 Billion | ▲ +86.2% |
| 2014 | 0.09x | CN¥13.57 Billion | CN¥145.19 Billion | ▲ +18.2% |
| 2013 | 0.08x | CN¥9.70 Billion | CN¥122.76 Billion | ▼ -30.6% |
| 2012 | 0.11x | CN¥11.70 Billion | CN¥102.72 Billion | ▼ -16.9% |
| 2011 | 0.14x | CN¥12.56 Billion | CN¥91.64 Billion | ▼ -3.0% |
| 2010 | 0.14x | CN¥11.44 Billion | CN¥81.02 Billion | ▲ +28.5% |
| 2009 | 0.11x | CN¥8.96 Billion | CN¥81.49 Billion | ▲ +600.2% |
| 2008 | 0.02x | CN¥1.16 Billion | CN¥73.56 Billion | ▼ -84.6% |
| 2007 | 0.10x | CN¥6.87 Billion | CN¥67.22 Billion | ▲ +192.5% |
| 2006 | 0.03x | CN¥2.22 Billion | CN¥63.46 Billion | ▼ -45.8% |
| 2005 | 0.06x | CN¥3.83 Billion | CN¥59.47 Billion | ▼ -13.3% |
| 2004 | 0.07x | CN¥3.60 Billion | CN¥48.33 Billion | ▼ -10.9% |
| 2003 | 0.08x | CN¥2.13 Billion | CN¥25.49 Billion | ▼ -41.2% |
| 2002 | 0.14x | CN¥3.70 Billion | CN¥26.06 Billion | ▲ +27.9% |
| 2001 | 0.11x | CN¥2.22 Billion | CN¥20.05 Billion | ▼ -2.3% |
| 2000 | 0.11x | CN¥2.36 Billion | CN¥20.76 Billion | ▼ -18.6% |
| 1999 | 0.14x | CN¥3.20 Billion | CN¥22.95 Billion | ▲ +187.3% |
| 1998 | 0.05x | CN¥1.11 Billion | CN¥22.82 Billion | ▼ -59.0% |
| 1997 | 0.12x | CN¥2.68 Billion | CN¥22.63 Billion | — |