China Southern Airlines Company Limited (ZNHH) — Net Asset Quality Index
China Southern Airlines Company Limited (ZNHH) has a Net Asset Quality Index of 16.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €356.51 Billion minus total liabilities of €299.35 Billion yields net assets of €57.16 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read China Southern Airlines Company Limited (ZNHH) financial obligations for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
China Southern Airlines Company Limited Net Asset Quality Index Over Time (2013–2025)
This chart shows how China Southern Airlines Company Limited's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the index stands at 16.0%, representing net assets of €57.16 Billion against total assets of €356.51 Billion EUR. For live market cap and overall valuation, see market cap of China Southern Airlines Company Limited.
Annual Net Asset Quality Index for China Southern Airlines Company Limited (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for China Southern Airlines Company Limited from 2013 to 2025, covering 13 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check ZNHH strategic asset allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (EUR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 15.7% | €55.01 Billion | €349.81 Billion | €294.80 Billion | ▼ -0.2 pp |
| 2024 | 16.0% | €52.59 Billion | €329.74 Billion | €277.14 Billion | ▼ -0.9 pp |
| 2023 | 16.8% | €52.00 Billion | €309.23 Billion | €257.23 Billion | ▼ -0.9 pp |
| 2022 | 17.7% | €55.36 Billion | €312.25 Billion | €256.89 Billion | ▼ -8.4 pp |
| 2021 | 26.1% | €84.51 Billion | €323.21 Billion | €238.70 Billion | ▲ +0.1 pp |
| 2020 | 26.1% | €85.13 Billion | €326.38 Billion | €241.25 Billion | ▲ +0.9 pp |
| 2019 | 25.2% | €77.33 Billion | €306.93 Billion | €229.60 Billion | ▼ -6.6 pp |
| 2018 | 31.8% | €78.47 Billion | €246.95 Billion | €168.48 Billion | ▲ +3.2 pp |
| 2017 | 28.6% | €62.54 Billion | €218.72 Billion | €156.18 Billion | ▲ +1.2 pp |
| 2016 | 27.4% | €54.98 Billion | €200.44 Billion | €145.47 Billion | ▲ +0.7 pp |
| 2015 | 26.7% | €49.80 Billion | €186.50 Billion | €136.70 Billion | ▲ +3.4 pp |
| 2014 | 23.3% | €44.27 Billion | €189.70 Billion | €145.42 Billion | ▼ -2.2 pp |
| 2013 | 25.6% | €42.21 Billion | €165.15 Billion | €122.93 Billion | — |