China Southern Airlines Company Limited

PINK:CHKIF USA Airlines
Market Cap
$2.18 Billion
Market Cap Rank
#4330 Global
#2724 in USA
Share Price
$0.47
Change (1 day)
+0.00%
52-Week Range
$0.42 - $0.51
All Time High
$1.33
Categories
Companies in USA Airlines
About

China Southern Airlines Company Limited offers airline transportation services in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers cargo, mail and luggage transportation services; providing aircraft maintenance services; operating agency business for domestic and foreign airlines; providing airline catering services; aviation ground extension busin… Read more

China Southern Airlines Company Limited (CHKIF) - Net Assets

Latest net assets as of June 2025: $51.77 Billion USD

Based on the latest financial reports, China Southern Airlines Company Limited (CHKIF) has net assets worth $51.77 Billion USD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($336.54 Billion) and total liabilities ($284.77 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $51.77 Billion
% of Total Assets 15.38%
Annual Growth Rate 6.45%
5-Year Change -38.22%
10-Year Change 5.99%
Growth Volatility 28.06

China Southern Airlines Company Limited - Net Assets Trend (1997–2024)

This chart illustrates how China Southern Airlines Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for China Southern Airlines Company Limited (1997–2024)

The table below shows the annual net assets of China Southern Airlines Company Limited from 1997 to 2024.

Year Net Assets Change
2024-12-31 $52.59 Billion +1.15%
2023-12-31 $52.00 Billion -6.07%
2022-12-31 $55.36 Billion -34.49%
2021-12-31 $84.51 Billion -0.73%
2020-12-31 $85.13 Billion +10.09%
2019-12-31 $77.33 Billion -1.45%
2018-12-31 $78.47 Billion +25.46%
2017-12-31 $62.54 Billion +13.76%
2016-12-31 $54.98 Billion +10.79%
2015-12-31 $49.62 Billion +11.53%
2014-12-31 $44.49 Billion +4.81%
2013-12-31 $42.45 Billion +6.84%
2012-12-31 $39.73 Billion +5.18%
2011-12-31 $37.78 Billion +25.04%
2010-12-31 $30.21 Billion +127.82%
2009-12-31 $13.26 Billion +39.91%
2008-12-31 $9.48 Billion -35.57%
2007-12-31 $14.71 Billion +21.38%
2006-12-31 $12.12 Billion +1.55%
2005-12-31 $11.94 Billion -14.15%
2004-12-31 $13.90 Billion +2.46%
2003-12-31 $13.57 Billion +21.92%
2002-12-31 $11.13 Billion +5.00%
2001-12-31 $10.60 Billion +4.20%
2000-12-31 $10.17 Billion +5.76%
1999-12-31 $9.62 Billion +3.72%
1998-12-31 $9.27 Billion -4.71%
1997-12-31 $9.73 Billion --

Equity Component Analysis

This analysis shows how different components contribute to China Southern Airlines Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 4336.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock $18.12 Billion 52.18%
Other Comprehensive Income $169.00 Million 0.49%
Other Components $55.02 Billion 158.44%
Total Equity $34.73 Billion 100.00%

China Southern Airlines Company Limited Competitors by Market Cap

The table below lists competitors of China Southern Airlines Company Limited ranked by their market capitalization.

Company Market Cap
Interpump Group S.p.A.
LSE:0EWD
 		$2.55 Billion
Sichuan Road & Bridge Group Co Ltd
SHG:600039
 		$2.55 Billion
Inficon Holding
SW:IFCN
 		$2.55 Billion
Shanghai Electric Group Company Limited
PINK:SIELF
 		$2.56 Billion
Youngor Group Co Ltd
SHG:600177
 		$2.55 Billion
Reece Limited
OTCGREY:REECF
 		$2.55 Billion
Empresas Copec S.A.
SN:COPEC
 		$2.55 Billion
NIPPON YUSEN K.K.SP.DR1/5
F:NYK
 		$2.55 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Southern Airlines Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 36,784,000,000 to 34,729,000,000, a change of -2,055,000,000 (-5.6%).
  • Net loss of 1,696,000,000 reduced equity.
  • Dividend payments of 5,899,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 47,000,000.
  • Other factors increased equity by 5,587,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $-1.70 Billion -4.88%
Dividends Paid $5.90 Billion -16.99%
Other Comprehensive Income $-47.00 Million -0.14%
Other Changes $5.59 Billion +16.09%
Total Change $- -5.59%

Book Value vs Market Value Analysis

This analysis compares China Southern Airlines Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.25x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 $2.14 $0.47 x
1998-12-31 $1.61 $0.47 x
1999-12-31 $1.66 $0.47 x
2000-12-31 $1.64 $0.47 x
2001-12-31 $1.81 $0.47 x
2002-12-31 $1.89 $0.47 x
2003-12-31 $1.99 $0.47 x
2004-12-31 $1.81 $0.47 x
2005-12-31 $1.52 $0.47 x
2006-12-31 $1.55 $0.47 x
2007-12-31 $1.87 $0.47 x
2008-12-31 $1.07 $0.47 x
2009-12-31 $1.46 $0.47 x
2010-12-31 $3.21 $0.47 x
2011-12-31 $3.28 $0.47 x
2012-12-31 $3.34 $0.47 x
2013-12-31 $3.50 $0.47 x
2014-12-31 $3.64 $0.47 x
2015-12-31 $3.98 $0.47 x
2016-12-31 $4.43 $0.47 x
2017-12-31 $5.03 $0.47 x
2018-12-31 $6.09 $0.47 x
2019-12-31 $5.23 $0.47 x
2020-12-31 $4.95 $0.47 x
2021-12-31 $4.19 $0.47 x
2022-12-31 $2.40 $0.47 x
2023-12-31 $2.03 $0.47 x
2024-12-31 $1.92 $0.47 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Southern Airlines Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -4.88%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.97%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 9.49x
  • Recent ROE (-4.88%) is below the historical average (-2.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 13.17% 8.91% 0.39x 3.74x $273.78 Million
1998 -6.69% -4.59% 0.37x 3.94x $-1.36 Billion
1999 0.98% 0.62% 0.41x 3.89x $-755.74 Million
2000 5.65% 3.31% 0.49x 3.48x $-386.46 Million
2001 3.69% 2.02% 0.55x 3.32x $-581.94 Million
2002 5.99% 3.20% 0.48x 3.87x $-385.56 Million
2003 -3.01% -2.05% 0.45x 3.28x $-1.55 Billion
2004 -0.41% -0.20% 0.39x 5.25x $-1.23 Billion
2005 -18.46% -4.82% 0.54x 7.14x $-2.85 Billion
2006 1.24% 0.27% 0.61x 7.42x $-892.80 Million
2007 15.28% 3.43% 0.67x 6.69x $646.40 Million
2008 -68.17% -8.66% 0.67x 11.83x $-5.49 Billion
2009 5.09% 0.96% 0.58x 9.15x $-508.10 Million
2010 21.69% 7.58% 0.69x 4.16x $3.12 Billion
2011 15.88% 5.65% 0.70x 4.02x $1.89 Billion
2012 7.98% 2.63% 0.70x 4.34x $-664.90 Million
2013 5.79% 2.02% 0.60x 4.81x $-1.45 Billion
2014 4.97% 1.64% 0.57x 5.31x $-1.80 Billion
2015 9.57% 3.35% 0.60x 4.76x $-168.50 Million
2016 11.61% 4.39% 0.57x 4.61x $698.40 Million
2017 11.94% 4.66% 0.58x 4.38x $967.40 Million
2018 4.44% 2.02% 0.58x 3.78x $-3.63 Billion
2019 4.12% 1.71% 0.50x 4.79x $-3.77 Billion
2020 -15.59% -11.72% 0.28x 4.69x $-17.81 Billion
2021 -17.84% -11.91% 0.31x 4.76x $-18.89 Billion
2022 -79.22% -37.56% 0.28x 7.57x $-36.83 Billion
2023 -11.44% -2.63% 0.52x 8.41x $-7.89 Billion
2024 -4.88% -0.97% 0.53x 9.49x $-5.17 Billion

Industry Comparison

This section compares China Southern Airlines Company Limited's net assets metrics with peer companies in the Airlines industry.

Industry Context

  • Industry: Airlines
  • Average net assets among peers: $84,221,809,251
  • Average return on equity (ROE) among peers: 148.93%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Southern Airlines Company Limited (CHKIF) $51.77 Billion 13.17% 5.50x $2.55 Billion
American Airlines Group (AAL) $-581.00 Million 0.00% 0.00x $6.80 Billion
Air Canada (ACDVF) $2.59 Billion 24.86% 11.05x $2.83 Billion
Grupo Aeroméxico, S.A.B. de C.V. (AERO) $-730.83 Million 0.00% 0.00x $260.71 Million
Air France-KLM SA (AFRAF) $-5.42 Billion 0.00% 0.00x $1.02 Billion
Aegean Airlines S.A (AGZNF) $277.88 Million 24.44% 1.61x $461.90 Million
AirAsia Group Berhad (AIABF) $935.30 Million 1390.41% 6.89x $418.10 Million
Air China Limited (AICAF) $49.50 Billion 15.10% 2.50x $2.97 Billion
Allegiant Travel Company (ALGT) $401.72 Million 19.56% 0.99x $1.25 Billion
Alaska Air Group Inc (ALK) $340.50 Million 5.05% 2.00x $4.48 Billion
ANA Holdings Inc (ALNPF) $794.90 Billion 9.83% 1.80x $7.63 Billion