China Southern Airlines Company Limited (ZNHH) — Free Cash Flow Generation Index

Latest as of June 2023: 0.43x

China Southern Airlines Company Limited (ZNHH) has a Free Cash Flow Generation Index of 0.43x as of June 2023. Free cash flow of €4.74 Billion represents 0% of operating cash flow (€10.97 Billion). Explore China Southern Airlines Company Limited capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.43x
Free Cash Flow / Operating CF

Free Cash Flow

€4.74 Billion
EUR

Operating Cash Flow

€10.97 Billion
EUR

Capital Expenditures

€3.28 Billion
EUR

China Southern Airlines Company Limited Free Cash Flow Generation Index (2013–2025)

Historical FCF Generation Index trend for China Southern Airlines Company Limited across 13 annual periods. For the full cash flow conversion analysis, see ZNHH cash flow metrics.

Annual Free Cash Flow Generation for China Southern Airlines Company Limited (2013–2025)

Year-by-year Free Cash Flow Generation Index for China Southern Airlines Company Limited. Check cash flow reinvestment rate of China Southern Airlines Company Limited to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (EUR) Operating CF Capital Expenditures YoY Change
2025 0.54x €20.44 Billion €38.21 Billion €17.77 Billion ▲ +9.9%
2024 0.49x €15.31 Billion €31.45 Billion €16.14 Billion ▼ -32.1%
2023 0.72x €28.77 Billion €40.13 Billion €11.37 Billion ▲ +117.6%
2022 -4.08x €-14.15 Billion €3.46 Billion €11.70 Billion ▼ -477.7%
2021 -0.71x €-9.45 Billion €13.37 Billion €17.14 Billion ▲ +23.5%
2020 -0.92x €-8.36 Billion €9.05 Billion €11.06 Billion ▼ -326.5%
2019 0.41x €15.55 Billion €38.12 Billion €15.62 Billion ▲ +192.4%
2018 -0.44x €-8.64 Billion €19.59 Billion €24.03 Billion ▼ -343.1%
2017 0.18x €3.89 Billion €21.40 Billion €13.85 Billion ▼ -89.4%
2016 1.72x €45.36 Billion €26.39 Billion €18.97 Billion ▲ +17.9%
2015 1.46x €37.48 Billion €25.72 Billion €11.76 Billion ▼ -5.7%
2014 1.54x €23.35 Billion €15.12 Billion €8.23 Billion ▼ -25.6%
2013 2.08x €23.11 Billion €11.13 Billion €11.99 Billion —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).