China Southern Airlines Co Ltd Class A (600029) - Total Assets
Based on the latest financial reports, China Southern Airlines Co Ltd Class A (600029) holds total assets worth CN¥340.58 Billion CNY as of September 2025. 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.
China Southern Airlines Co Ltd Class A - Total Assets Trend (1997–2024)
This chart illustrates how China Southern Airlines Co Ltd Class A's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Southern Airlines Co Ltd Class A - Asset Composition Analysis
Current Asset Composition (December 2024)
China Southern Airlines Co Ltd Class A's total assets of CN¥340.58 Billion consist of 11.4% current assets and 88.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 4.9% |
| Accounts Receivable | CN¥6.56 Billion | 2.0% |
| Inventory | CN¥2.00 Billion | 0.6% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥7.34 Billion | 2.2% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1997–2024)
This chart illustrates how China Southern Airlines Co Ltd Class A'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Southern Airlines Co Ltd Class A's current assets represent 11.4% of total assets in 2024, a decrease from 25.2% in 1997.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2024, down from 19.9% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is intangible assets at 2.2% of total assets.
China Southern Airlines Co Ltd Class A Competitors by Total Assets
Key competitors of China Southern Airlines Co Ltd Class A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Korean Air Lines Co Ltd
KO:003495
|
Korea | ₩50.41 Trillion |
|
Asiana Airline
KO:020560
|
Korea | ₩12.09 Trillion |
|
T'way Air Co Ltd
KO:091810
|
Korea | ₩1.78 Trillion |
|
Jeju Air Co Ltd
KO:089590
|
Korea | ₩2.35 Trillion |
|
Enter Air Sp. z o.o
F:10N
|
Germany | €3.35 Billion |
|
Eva Airways Corp
TW:2618
|
Taiwan | NT$364.82 Billion |
|
STARLUX AIRLINES LTD
TW:2646
|
Taiwan | NT$137.30 Billion |
|
Jin Air Co Ltd
KO:272450
|
Korea | ₩1.20 Trillion |
China Southern Airlines Co Ltd Class A - 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 | 0.29 | 0.23 | 0.41 |
| Quick Ratio | 0.27 | 0.22 | 0.39 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-101.38 Billion | CN¥-104.31 Billion | CN¥-56.70 Billion |
China Southern Airlines Co Ltd Class A - Advanced Valuation Insights
This section examines the relationship between China Southern Airlines Co Ltd Class A'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 | 3.72 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 6.6% |
| Total Assets | CN¥329.74 Billion |
| Market Capitalization | $11.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Southern Airlines Co Ltd Class A's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: China Southern Airlines Co Ltd Class A's assets grew by 6.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for China Southern Airlines Co Ltd Class A (1997–2024)
The table below shows the annual total assets of China Southern Airlines Co Ltd Class A from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥329.74 Billion | +6.63% |
| 2023-12-31 | CN¥309.23 Billion | -0.97% |
| 2022-12-31 | CN¥312.25 Billion | -3.39% |
| 2021-12-31 | CN¥323.21 Billion | -0.97% |
| 2020-12-31 | CN¥326.38 Billion | +6.34% |
| 2019-12-31 | CN¥306.93 Billion | +24.29% |
| 2018-12-31 | CN¥246.95 Billion | +12.91% |
| 2017-12-31 | CN¥218.72 Billion | +9.12% |
| 2016-12-31 | CN¥200.44 Billion | +7.77% |
| 2015-12-31 | CN¥185.99 Billion | -1.95% |
| 2014-12-31 | CN¥189.69 Billion | +14.82% |
| 2013-12-31 | CN¥165.21 Billion | +15.97% |
| 2012-12-31 | CN¥142.45 Billion | +10.08% |
| 2011-12-31 | CN¥129.41 Billion | +16.34% |
| 2010-12-31 | CN¥111.23 Billion | +17.40% |
| 2009-12-31 | CN¥94.75 Billion | +14.10% |
| 2008-12-31 | CN¥83.04 Billion | +1.35% |
| 2007-12-31 | CN¥81.93 Billion | +8.40% |
| 2006-12-31 | CN¥75.58 Billion | +5.86% |
| 2005-12-31 | CN¥71.40 Billion | +14.74% |
| 2004-12-31 | CN¥62.23 Billion | +59.31% |
| 2003-12-31 | CN¥39.06 Billion | +5.04% |
| 2002-12-31 | CN¥37.19 Billion | +21.32% |
| 2001-12-31 | CN¥30.65 Billion | -0.90% |
| 2000-12-31 | CN¥30.93 Billion | -5.02% |
| 1999-12-31 | CN¥32.57 Billion | +1.47% |
| 1998-12-31 | CN¥32.09 Billion | -0.83% |
| 1997-12-31 | CN¥32.36 Billion | -- |
About China Southern Airlines Co Ltd Class A
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