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). Read 600029 total liabilities for a breakdown of total debt and financial obligations.
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. Explore China Southern Airlines Co Ltd Class A capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. For the full company profile including market capitalisation, see market value of China Southern Airlines Co Ltd Class A.
| 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 | — |