China Southern Airlines Company Limited Net Asset Quality Index
China Southern Airlines Company Limited 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. Check China Southern Airlines Company Limited earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of China Southern Airlines Company Limited (2013–2025)
Net asset quality index of China Southern Airlines Company Limited from 2013 to 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. See what is China Southern Airlines Company Limited's book value for net asset value and shareholders' equity analysis.
China Southern Airlines Company Limited Net Asset Quality Index by Year (2013–2025)
China Southern Airlines Company Limited net asset quality index by year from 2013 to 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. For live market cap and overall valuation, see ZNHH market cap overview.
| 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 | — |