China Southern Airlines Co Ltd Class A (600029) — Net Asset Quality Index
China Southern Airlines Co Ltd Class A (600029) 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 CN¥356.51 Billion minus total liabilities of CN¥299.35 Billion yields net assets of CN¥57.16 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check China Southern Airlines Co Ltd Class A liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
China Southern Airlines Co Ltd Class A Net Asset Quality Index Over Time (1997–2025)
This chart shows how China Southern Airlines Co Ltd Class A's Net Asset Quality Index has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the index stands at 16.0%, representing net assets of CN¥57.16 Billion against total assets of CN¥356.51 Billion CNY. See 600029 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for China Southern Airlines Co Ltd Class A (1997–2025)
The table below presents the year-by-year Net Asset Quality Index for China Southern Airlines Co Ltd Class A from 1997 to 2025, covering 29 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 market capitalisation and the full company profile, see 600029 market cap overview.
| Year | Quality Index | Net Assets (CNY) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 15.7% | CN¥55.01 Billion | CN¥349.81 Billion | CN¥294.80 Billion | ▼ -0.2 pp |
| 2024 | 16.0% | CN¥52.59 Billion | CN¥329.74 Billion | CN¥277.14 Billion | ▼ -0.9 pp |
| 2023 | 16.8% | CN¥52.00 Billion | CN¥309.23 Billion | CN¥257.23 Billion | ▼ -0.9 pp |
| 2022 | 17.7% | CN¥55.36 Billion | CN¥312.25 Billion | CN¥256.89 Billion | ▼ -8.4 pp |
| 2021 | 26.1% | CN¥84.51 Billion | CN¥323.21 Billion | CN¥238.70 Billion | ▲ +0.1 pp |
| 2020 | 26.1% | CN¥85.13 Billion | CN¥326.38 Billion | CN¥241.25 Billion | ▲ +0.9 pp |
| 2019 | 25.2% | CN¥77.33 Billion | CN¥306.93 Billion | CN¥229.60 Billion | ▼ -6.6 pp |
| 2018 | 31.8% | CN¥78.47 Billion | CN¥246.95 Billion | CN¥168.48 Billion | ▲ +3.2 pp |
| 2017 | 28.6% | CN¥62.54 Billion | CN¥218.72 Billion | CN¥156.18 Billion | ▲ +1.2 pp |
| 2016 | 27.4% | CN¥54.98 Billion | CN¥200.44 Billion | CN¥145.47 Billion | ▲ +0.7 pp |
| 2015 | 26.7% | CN¥49.62 Billion | CN¥185.99 Billion | CN¥136.37 Billion | ▲ +3.2 pp |
| 2014 | 23.5% | CN¥44.49 Billion | CN¥189.69 Billion | CN¥145.19 Billion | ▼ -2.2 pp |
| 2013 | 25.7% | CN¥42.45 Billion | CN¥165.21 Billion | CN¥122.76 Billion | ▼ -2.2 pp |
| 2012 | 27.9% | CN¥39.73 Billion | CN¥142.45 Billion | CN¥102.72 Billion | ▼ -1.3 pp |
| 2011 | 29.2% | CN¥37.78 Billion | CN¥129.41 Billion | CN¥91.64 Billion | ▲ +2.0 pp |
| 2010 | 27.2% | CN¥30.21 Billion | CN¥111.23 Billion | CN¥81.02 Billion | ▲ +13.2 pp |
| 2009 | 14.0% | CN¥13.26 Billion | CN¥94.75 Billion | CN¥81.49 Billion | ▲ +2.6 pp |
| 2008 | 11.4% | CN¥9.48 Billion | CN¥83.04 Billion | CN¥73.56 Billion | ▼ -6.5 pp |
| 2007 | 18.0% | CN¥14.71 Billion | CN¥81.93 Billion | CN¥67.22 Billion | ▲ +1.9 pp |
| 2006 | 16.0% | CN¥12.12 Billion | CN¥75.58 Billion | CN¥63.46 Billion | ▼ -0.7 pp |
| 2005 | 16.7% | CN¥11.94 Billion | CN¥71.40 Billion | CN¥59.47 Billion | ▼ -5.6 pp |
| 2004 | 22.3% | CN¥13.90 Billion | CN¥62.23 Billion | CN¥48.33 Billion | ▼ -12.4 pp |
| 2003 | 34.7% | CN¥13.57 Billion | CN¥39.06 Billion | CN¥25.49 Billion | ▲ +4.8 pp |
| 2002 | 29.9% | CN¥11.13 Billion | CN¥37.19 Billion | CN¥26.06 Billion | ▼ -4.7 pp |
| 2001 | 34.6% | CN¥10.60 Billion | CN¥30.65 Billion | CN¥20.05 Billion | ▲ +1.7 pp |
| 2000 | 32.9% | CN¥10.17 Billion | CN¥30.93 Billion | CN¥20.76 Billion | ▲ +3.4 pp |
| 1999 | 29.5% | CN¥9.62 Billion | CN¥32.57 Billion | CN¥22.95 Billion | ▲ +0.6 pp |
| 1998 | 28.9% | CN¥9.27 Billion | CN¥32.09 Billion | CN¥22.82 Billion | ▼ -1.2 pp |
| 1997 | 30.1% | CN¥9.73 Billion | CN¥32.36 Billion | CN¥22.63 Billion | — |