China Southern Airlines Co Ltd Class A (600029) — Financial Flexibility Index
China Southern Airlines Co Ltd Class A (600029) has a Financial Flexibility Index of 0.07x as of September 2025. Free cash flow of CN¥20.43 Billion (operating CF CN¥18.07 Billion minus capex CN¥2.36 Billion) represents 0% of total liabilities (CN¥284.00 Billion). Check China Southern Airlines Co Ltd Class A investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
China Southern Airlines Co Ltd Class A Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend 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 operating cash flow efficiency.
Annual Financial Flexibility Index for China Southern Airlines Co Ltd Class A (1997–2025)
Year-by-year free cash flow to debt coverage for China Southern Airlines Co Ltd Class A. Explore 600029 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CNY) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.19x | CN¥55.98 Billion | CN¥38.21 Billion | CN¥294.80 Billion | ▲ +10.6% |
| 2024 | 0.17x | CN¥47.58 Billion | CN¥31.45 Billion | CN¥277.14 Billion | ▼ -14.2% |
| 2023 | 0.20x | CN¥51.50 Billion | CN¥40.13 Billion | CN¥257.23 Billion | ▲ +456.3% |
| 2022 | 0.04x | CN¥9.25 Billion | CN¥-2.45 Billion | CN¥256.89 Billion | ▼ -65.4% |
| 2021 | 0.10x | CN¥24.82 Billion | CN¥7.69 Billion | CN¥238.70 Billion | ▲ +82.4% |
| 2020 | 0.06x | CN¥13.76 Billion | CN¥2.70 Billion | CN¥241.25 Billion | ▼ -72.0% |
| 2019 | 0.20x | CN¥46.80 Billion | CN¥31.18 Billion | CN¥229.60 Billion | ▼ -13.0% |
| 2018 | 0.23x | CN¥39.47 Billion | CN¥15.39 Billion | CN¥168.48 Billion | ▲ +15.9% |
| 2017 | 0.20x | CN¥31.58 Billion | CN¥17.73 Billion | CN¥156.18 Billion | ▼ -31.3% |
| 2016 | 0.29x | CN¥42.79 Billion | CN¥23.76 Billion | CN¥145.47 Billion | ▲ +11.4% |
| 2015 | 0.26x | CN¥36.00 Billion | CN¥23.73 Billion | CN¥136.37 Billion | ▲ +71.2% |
| 2014 | 0.15x | CN¥22.39 Billion | CN¥13.57 Billion | CN¥145.19 Billion | ▼ -14.2% |
| 2013 | 0.18x | CN¥22.06 Billion | CN¥9.70 Billion | CN¥122.76 Billion | ▼ -32.7% |
| 2012 | 0.27x | CN¥27.44 Billion | CN¥11.70 Billion | CN¥102.72 Billion | ▼ -24.9% |
| 2011 | 0.36x | CN¥32.59 Billion | CN¥12.56 Billion | CN¥91.64 Billion | ▲ +15.7% |
| 2010 | 0.31x | CN¥24.91 Billion | CN¥11.44 Billion | CN¥81.02 Billion | ▲ +4.5% |
| 2009 | 0.29x | CN¥23.97 Billion | CN¥8.96 Billion | CN¥81.49 Billion | ▲ +127.3% |
| 2008 | 0.13x | CN¥9.52 Billion | CN¥1.16 Billion | CN¥73.56 Billion | ▼ -29.7% |
| 2007 | 0.18x | CN¥12.37 Billion | CN¥6.87 Billion | CN¥67.22 Billion | ▲ +144.2% |
| 2006 | 0.08x | CN¥4.78 Billion | CN¥2.22 Billion | CN¥63.46 Billion | ▼ -67.3% |
| 2005 | 0.23x | CN¥13.71 Billion | CN¥3.83 Billion | CN¥59.47 Billion | ▼ -44.3% |
| 2004 | 0.41x | CN¥20.01 Billion | CN¥3.60 Billion | CN¥48.33 Billion | ▼ -8.5% |
| 2003 | 0.45x | CN¥11.54 Billion | CN¥2.13 Billion | CN¥25.49 Billion | ▲ +17.4% |
| 2002 | 0.39x | CN¥10.05 Billion | CN¥3.70 Billion | CN¥26.06 Billion | ▲ +48.5% |
| 2001 | 0.26x | CN¥5.21 Billion | CN¥2.22 Billion | CN¥20.05 Billion | ▲ +44.3% |
| 2000 | 0.18x | CN¥3.74 Billion | CN¥2.36 Billion | CN¥20.76 Billion | ▼ -9.9% |
| 1999 | 0.20x | CN¥4.59 Billion | CN¥3.20 Billion | CN¥22.95 Billion | ▲ +4.6% |
| 1998 | 0.19x | CN¥4.36 Billion | CN¥1.11 Billion | CN¥22.82 Billion | ▼ -28.4% |
| 1997 | 0.27x | CN¥6.04 Billion | CN¥2.68 Billion | CN¥22.63 Billion | — |