China Southern Airlines Co Ltd Class A (600029) — Free Cash Flow Generation Index
China Southern Airlines Co Ltd Class A (600029) has a Free Cash Flow Generation Index of 0.87x as of September 2025. Free cash flow of CN¥15.71 Billion represents 1% of operating cash flow (CN¥18.07 Billion). Explore China Southern Airlines Co Ltd Class A capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
China Southern Airlines Co Ltd Class A Free Cash Flow Generation Index (1997–2025)
Historical FCF Generation Index trend for China Southern Airlines Co Ltd Class A across 28 annual periods. For the full cash flow conversion analysis, see 600029 cash flow metrics.
Annual Free Cash Flow Generation for China Southern Airlines Co Ltd Class A (1997–2025)
Year-by-year Free Cash Flow Generation Index for China Southern Airlines Co Ltd Class A. Check China Southern Airlines Co Ltd Class A (600029) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (CNY) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.54x | CN¥20.44 Billion | CN¥38.21 Billion | CN¥17.77 Billion | ▲ +9.9% |
| 2024 | 0.49x | CN¥15.31 Billion | CN¥31.45 Billion | CN¥16.14 Billion | ▼ -32.1% |
| 2023 | 0.72x | CN¥28.77 Billion | CN¥40.13 Billion | CN¥11.37 Billion | ▲ +158.3% |
| 2021 | -1.23x | CN¥-9.45 Billion | CN¥7.69 Billion | CN¥17.14 Billion | ▲ +60.3% |
| 2020 | -3.10x | CN¥-8.36 Billion | CN¥2.70 Billion | CN¥11.06 Billion | ▼ -721.6% |
| 2019 | 0.50x | CN¥15.55 Billion | CN¥31.18 Billion | CN¥15.63 Billion | ▲ +188.2% |
| 2018 | -0.57x | CN¥-8.70 Billion | CN¥15.39 Billion | CN¥24.09 Billion | ▼ -357.9% |
| 2017 | 0.22x | CN¥3.89 Billion | CN¥17.73 Billion | CN¥13.85 Billion | ▲ +9.8% |
| 2016 | 0.20x | CN¥4.74 Billion | CN¥23.76 Billion | CN¥19.02 Billion | ▼ -58.7% |
| 2015 | 0.48x | CN¥11.47 Billion | CN¥23.73 Billion | CN¥12.26 Billion | ▲ +38.1% |
| 2014 | 0.35x | CN¥4.75 Billion | CN¥13.57 Billion | CN¥8.82 Billion | ▲ +227.8% |
| 2013 | -0.27x | CN¥-2.66 Billion | CN¥9.70 Billion | CN¥12.36 Billion | ▲ +20.5% |
| 2012 | -0.34x | CN¥-4.03 Billion | CN¥11.70 Billion | CN¥15.73 Billion | ▲ +42.2% |
| 2011 | -0.60x | CN¥-7.48 Billion | CN¥12.56 Billion | CN¥20.04 Billion | ▼ -236.3% |
| 2010 | -0.18x | CN¥-2.03 Billion | CN¥11.44 Billion | CN¥13.47 Billion | ▲ +73.8% |
| 2009 | -0.68x | CN¥-6.05 Billion | CN¥8.96 Billion | CN¥15.01 Billion | ▲ +89.2% |
| 2008 | -6.24x | CN¥-7.21 Billion | CN¥1.16 Billion | CN¥8.36 Billion | ▼ -3236.3% |
| 2007 | 0.20x | CN¥1.37 Billion | CN¥6.87 Billion | CN¥5.50 Billion | ▲ +226.4% |
| 2006 | -0.16x | CN¥-349.00 Million | CN¥2.22 Billion | CN¥2.57 Billion | ▲ +90.0% |
| 2005 | -1.57x | CN¥-6.04 Billion | CN¥3.83 Billion | CN¥9.87 Billion | ▲ +55.8% |
| 2004 | -3.56x | CN¥-12.82 Billion | CN¥3.60 Billion | CN¥16.41 Billion | ▼ -4.2% |
| 2003 | -3.42x | CN¥-7.28 Billion | CN¥2.13 Billion | CN¥9.41 Billion | ▼ -376.8% |
| 2002 | -0.72x | CN¥-2.65 Billion | CN¥3.70 Billion | CN¥6.35 Billion | ▼ -110.0% |
| 2001 | -0.34x | CN¥-760.03 Million | CN¥2.22 Billion | CN¥2.98 Billion | ▼ -182.6% |
| 2000 | 0.41x | CN¥974.28 Million | CN¥2.36 Billion | CN¥1.38 Billion | ▼ -27.0% |
| 1999 | 0.57x | CN¥1.81 Billion | CN¥3.20 Billion | CN¥1.39 Billion | ▲ +129.3% |
| 1998 | -1.94x | CN¥-2.14 Billion | CN¥1.11 Billion | CN¥3.25 Billion | ▼ -657.5% |
| 1997 | -0.26x | CN¥-684.34 Million | CN¥2.68 Billion | CN¥3.36 Billion | — |