China Southern Airlines Company Limited (ZNHH) - Total Assets
Based on the latest financial reports, China Southern Airlines Company Limited (ZNHH) holds total assets worth €356.51 Billion EUR (≈ $416.80 Billion USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check how aggressively does China Southern Airlines Company Limited reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
China Southern Airlines Company Limited - Total Assets Trend (2013–2025)
This chart illustrates how China Southern Airlines Company Limited's total assets have evolved over time, based on quarterly financial data. Explore ZNHH long-term investments to assets to see how much of total assets are deployed in long-term investments.
China Southern Airlines Company Limited - Asset Composition Analysis
Current Asset Composition (December 2025)
China Southern Airlines Company Limited's total assets of €356.51 Billion consist of 12.2% current assets and 87.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 4.9% |
| Accounts Receivable | €3.95 Billion | 1.1% |
| Inventory | €3.30 Billion | 0.9% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €7.55 Billion | 2.2% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how China Southern Airlines Company Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see China Southern Airlines Company Limited stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Southern Airlines Company Limited's current assets represent 12.2% of total assets in 2025, a decrease from 12.5% in 2013.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2025, down from 7.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 1.0% in 2013.
- Asset Diversification: The largest asset category is intangible assets at 2.2% of total assets.
China Southern Airlines Company Limited Competitors by Total Assets
Key competitors of China Southern Airlines Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Southern Airlines Co Ltd Class A
SHG:600029
|
China | CN¥356.51 Billion |
|
CATHAY PAC.AIRW.HD-20ADR5
F:CTYA
|
Germany | €177.05 Billion |
|
Air China Limited
F:AD2
|
Germany | €343.05 Billion |
|
Norwegian Air Shuttle ASA
OL:NAS
|
Norway | Nkr44.19 Billion |
|
Tigerair Taiwan Co. Ltd.
TW:6757
|
Taiwan | NT$27.91 Billion |
|
Qantas Airways Ltd
AU:QAN
|
Australia | AU$23.89 Billion |
|
Virgin Australia Holdings Ltd
AU:VGN
|
Australia | AU$4.87 Billion |
|
Air New Zealand Ltd
AU:AIZ
|
Australia | AU$9.14 Billion |
China Southern Airlines Company Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.28 | 0.26 | 0.40 |
| Quick Ratio | 0.26 | 0.24 | 0.38 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-113.70 Billion | €-101.11 Billion | €-59.96 Billion |
China Southern Airlines Company Limited - Advanced Valuation Insights
This section examines the relationship between China Southern Airlines Company Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.84 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 6.1% |
| Total Assets | €349.81 Billion |
| Market Capitalization | $2.09 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Southern Airlines Company Limited's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: China Southern Airlines Company Limited's assets grew by 6.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for China Southern Airlines Company Limited (2013–2025)
The table below shows the annual total assets of China Southern Airlines Company Limited from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €349.81 Billion ≈ $408.97 Billion |
+6.09% |
| 2024-12-31 | €329.74 Billion ≈ $385.50 Billion |
+6.63% |
| 2023-12-31 | €309.23 Billion ≈ $361.52 Billion |
-0.97% |
| 2022-12-31 | €312.25 Billion ≈ $365.05 Billion |
-3.39% |
| 2021-12-31 | €323.21 Billion ≈ $377.87 Billion |
-0.97% |
| 2020-12-31 | €326.38 Billion ≈ $381.58 Billion |
+6.34% |
| 2019-12-31 | €306.93 Billion ≈ $358.83 Billion |
+24.29% |
| 2018-12-31 | €246.95 Billion ≈ $288.71 Billion |
+12.91% |
| 2017-12-31 | €218.72 Billion ≈ $255.70 Billion |
+9.12% |
| 2016-12-31 | €200.44 Billion ≈ $234.34 Billion |
+7.48% |
| 2015-12-31 | €186.50 Billion ≈ $218.04 Billion |
-1.69% |
| 2014-12-31 | €189.70 Billion ≈ $221.78 Billion |
+14.87% |
| 2013-12-31 | €165.15 Billion ≈ $193.07 Billion |
-- |
About China Southern Airlines Company Limited
China Southern Airlines Company Limited, together with its subsidiaries, provides airline transport services in China, Hong Kong, Macau, Taiwan, and internationally. It operates in two segments, Aviation Operations and Other. The company offers air passenger; freight; mail; airline catering; hotel and travel; leasing; and internet services. It also provides online services, including seat and che… Read more