Fundies.
English

CHINA SOUTHERN AIRLINES CO LTD

EDGAR
CHKIF Annual report for a foreign issuer amendment (20-F/A) · filed 2024-05-28

712 filing records in this dataset, filed from 2003-12-31 to 2024-05-28. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments
Watchlist

Latest fiscal year

Revenue

87.1 billion CNY

2022 · CNY

Exact inputs and evidence
  • Revenue: 87059000000 CNY Source

Operating margin

-25.89%

2022 · %

Exact inputs and evidence
  • Operating Income: -22542000000 CNY Source
  • Revenue: 87059000000 CNY Source

Operating cash flow

-2.45 billion CNY

2022 · CNY

Exact inputs and evidence
  • Operating Cash Flow: -2450000000 CNY Source

Free cash flow

-14.1 billion CNY

2022 · CNY

Exact inputs and evidence
  • Operating Cash Flow: -2450000000 CNY Source
  • Capital Expenditure Including Intangibles: 11696000000 CNY Source
Cash and cash equivalents
19.9 billion CNY Source
Exact value

19889000000 CNY

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2024-05-28.

Financial data available through: 2022-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2022-12-31
  • Operating income: 8 of 11 periods available· newest 2022-12-31
  • Net income: 8 of 11 periods available· newest 2022-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2022-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 7 of 11 periods available· newest 2022-12-31
  • Total liabilities: 5 of 11 periods available· newest 2020-12-31
  • Current assets: 7 of 11 periods available· newest 2022-12-31
  • Current liabilities: 7 of 11 periods available· newest 2022-12-31
  • Cash and cash equivalents: 8 of 11 periods available· newest 2022-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -14.3%

    Prior period

    CNY 101.64 billion

    –

    Current period

    CNY 87.06 billion

    –

    Exact inputs and evidence

    87059000000 − 101644000000 = -14585000000 CNY

    101644000000 CNY · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    87059000000 CNY · 2022-01-01 – 2022-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Net income

    −CNY 20.59 billion

    Prior period

    −CNY 12.11 billion

    –

    Current period

    −CNY 32.7 billion

    –

    Exact inputs and evidence

    -32699000000 − -12106000000 = -20593000000 CNY

    -12106000000 CNY · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -32699000000 CNY · 2022-01-01 – 2022-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

  • Operating cash flow

    -131.9%

    Prior period

    CNY 7.69 billion

    –

    Current period

    −CNY 2.45 billion

    –

    Exact inputs and evidence

    -2450000000 − 7688000000 = -10138000000 CNY

    7688000000 CNY · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -2450000000 CNY · 2022-01-01 – 2022-12-31

    Inspect current input Current source
    Share or cite

    The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2022 2022-01-01 – 2022-12-31

  • Revenue CNY 87.06 billion 100% of revenue
  • Operating costs Derived CNY 109.6 billion 126% of revenue
  • Operating income −CNY 22.54 billion −26% of revenue
  • Tax, interest and other Derived CNY 10.16 billion 12% of revenue
  • Net income −CNY 32.7 billion −38% of revenue

Cash

  • Operating cash flow −CNY 2.45 billion −2.8% of revenue
  • Capital expenditure including intangibles CNY 11.7 billion 13% of revenue
  • Free cash flow Derived Capital expenditure here includes intangible assets. −CNY 14.15 billion −16% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2015 88%
  • 2016 89%
  • 2017 93%
  • 2018 94%
  • 2019 93%
  • 2020 Operating loss: operating costs were 113% of revenue.
  • 2021 Operating loss: operating costs were 110% of revenue.
  • 2022 Operating loss: operating costs were 126% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2015 2015-01-01 – 2015-12-31111652000000 98214000000 Derived 13438000000 9702000000 Derived 3736000000 11595000000 Derived Capital expenditure here includes intangible assets.
Source
2016 2016-01-01 – 2016-12-31114981000000 102369000000 Derived 12612000000 7568000000 Derived 5044000000 4797000000 Derived Capital expenditure here includes intangible assets.
Source
2017 2017-01-01 – 2017-12-31127806000000 118650000000 Derived 9156000000 3195000000 Derived 5961000000 3886000000 Derived Capital expenditure here includes intangible assets.
Source
2018 2018-01-01 – 2018-12-31143623000000 134804000000 Derived 8819000000 5924000000 Derived 2895000000 -8645000000 Derived Capital expenditure here includes intangible assets.
Source
2019 2019-01-01 – 2019-12-31154322000000 143484000000 Derived 10838000000 8198000000 Derived 2640000000 15553000000 Derived Capital expenditure here includes intangible assets.
Source
2020 2020-01-01 – 2020-12-3192561000000 104425000000 Derived -11864000000 -1017000000 Derived -10847000000 -8363000000 Derived Capital expenditure here includes intangible assets.
Source
2021 2021-01-01 – 2021-12-31101644000000 111573000000 Derived -9929000000 2177000000 Derived -12106000000 -9449000000 Derived Capital expenditure here includes intangible assets.
Source
2022 2022-01-01 – 2022-12-3187059000000 109601000000 Derived -22542000000 10157000000 Derived -32699000000 -14146000000 Derived Capital expenditure here includes intangible assets.
Source

Amounts are exact, in CNY.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

CNY 87.1B 2022
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.166.7B125.0B83.3B41.7B0.0201520192022
Values and sources
Revenue values and source evidence
PeriodSeriesValue(CNY)Source evidence
2015Revenue111652000000
2016Revenue114981000000
2017Revenue127806000000
2018Revenue143623000000
2019Revenue154322000000
2020Revenue92561000000
2021Revenue101644000000
2022Revenue87059000000

Revenue growth

Change in revenue from the same financial period one year earlier.

-14.3% 2022
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.17%1%-14%-29%-44%201520192022
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2015Year over yearNo prior comparable period
2016Year over year3%
2017Year over year11.2%
2018Year over year12.4%
2019Year over year7.4%
2020Year over year-40%
2021Year over year9.8%
2022Year over year-14.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -25.9% 2022
Net margin -37.6% 2022
Free cash flow margin -16.2% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.16%2%-13%-27%-42%201520192022
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2015Operating margin12%
2016Operating margin11%
2017Operating margin7.2%
2018Operating margin6.1%
2019Operating margin7%
2020Operating margin-12.8%
2021Operating margin-9.8%
2022Operating margin-25.9%
2015Net margin3.3%
2016Net margin4.4%
2017Net margin4.7%
2018Net margin2%
2019Net margin1.7%
2020Net margin-11.7%
2021Net margin-11.9%
2022Net margin-37.6%
2015Free cash flow margin10.4%
2016Free cash flow margin4.2%
2017Free cash flow margin3%
2018Free cash flow margin-6%
2019Free cash flow margin10.1%
2020Free cash flow margin-9%
2021Free cash flow margin-9.3%
2022Free cash flow margin-16.2%

Operating cash flow

Cash generated by the company’s normal business operations.

CNY -2.5B 2022
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.33.9B24.1B14.4B4.6B-5.1B201520192022
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(CNY)Source evidence
2015Operating cash flow23734000000
2016Operating cash flow23764000000
2017Operating cash flow17732000000
2018Operating cash flow15388000000
2019Operating cash flow31175000000
2020Operating cash flow2698000000
2021Operating cash flow7688000000
2022Operating cash flow-2450000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

CNY -14.1B 2022
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.17.9B9.3B703.5M-7.9B-16.5B201520192022
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(CNY)Source evidence
2015Free cash flow11595000000
  • Operating Cash Flow: 23734000000 Open source
  • Capital Expenditure Including Intangibles: 12139000000 Open source
2016Free cash flow4797000000
  • Operating Cash Flow: 23764000000 Open source
  • Capital Expenditure Including Intangibles: 18967000000 Open source
2017Free cash flow3886000000
  • Operating Cash Flow: 17732000000 Open source
  • Capital Expenditure Including Intangibles: 13846000000 Open source
2018Free cash flow-8645000000
  • Operating Cash Flow: 15388000000 Open source
  • Capital Expenditure Including Intangibles: 24033000000 Open source
2019Free cash flow15553000000
  • Operating Cash Flow: 31175000000 Open source
  • Capital Expenditure Including Intangibles: 15622000000 Open source
2020Free cash flow-8363000000
2021Free cash flow-9449000000
2022Free cash flow-14146000000
  • Operating Cash Flow: -2450000000 Open source
  • Capital Expenditure Including Intangibles: 11696000000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

73.9% 2020
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.81%61%40%20%0%2015-12-3120192022-12-31
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2015-12-31Liabilities / assetsNot reportedNo source recorded
2016Liabilities / assets72.6%
2017Liabilities / assets71.4%
2018Liabilities / assets68.2%
2019Liabilities / assets74.8%
2020Liabilities / assets73.9%
2021-12-31Liabilities / assetsNot reported
2022-12-31Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

0.24× 2022
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.44×0.33×0.22×0.11×0.00×2015-12-3120192022
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2015-12-31Current assets / current liabilitiesNot reportedNo source recorded
2016Current assets / current liabilities0.2×
2017Current assets / current liabilities0.26×
2018Current assets / current liabilities0.29×
2019Current assets / current liabilities0.18×
2020Current assets / current liabilities0.41×
2021Current assets / current liabilities0.34×
2022Current assets / current liabilities0.24×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2015 2015-01-01 – 2015-12-31
CNY 3.74 billion
Exact value

Exact value: 3736000000 CNY

2015-01-01 – 2015-12-31: 3736000000 CNY Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 23.73 billion
Exact value

Exact value: 23734000000 CNY

2015-01-01 – 2015-12-31: 23734000000 CNY Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 12.14 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 12139000000 CNY

2015-01-01 – 2015-12-31: 12139000000 CNY Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 11.6 billion Capital expenditure here includes intangible assets.
Calculation and evidence

23734000000 − 12139000000 CNY

Exact free cash flow: 11595000000 CNY

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2016 2016-01-01 – 2016-12-31
CNY 5.04 billion
Exact value

Exact value: 5044000000 CNY

2016-01-01 – 2016-12-31: 5044000000 CNY Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 23.76 billion
Exact value

Exact value: 23764000000 CNY

2016-01-01 – 2016-12-31: 23764000000 CNY Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 18.97 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 18967000000 CNY

2016-01-01 – 2016-12-31: 18967000000 CNY Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 4.8 billion Capital expenditure here includes intangible assets.
Calculation and evidence

23764000000 − 18967000000 CNY

Exact free cash flow: 4797000000 CNY

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2017 2017-01-01 – 2017-12-31
CNY 5.96 billion
Exact value

Exact value: 5961000000 CNY

2017-01-01 – 2017-12-31: 5961000000 CNY Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 17.73 billion
Exact value

Exact value: 17732000000 CNY

2017-01-01 – 2017-12-31: 17732000000 CNY Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 13.85 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 13846000000 CNY

2017-01-01 – 2017-12-31: 13846000000 CNY Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 3.89 billion Capital expenditure here includes intangible assets.
Calculation and evidence

17732000000 − 13846000000 CNY

Exact free cash flow: 3886000000 CNY

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2018 2018-01-01 – 2018-12-31
CNY 2.9 billion
Exact value

Exact value: 2895000000 CNY

2018-01-01 – 2018-12-31: 2895000000 CNY Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 15.39 billion
Exact value

Exact value: 15388000000 CNY

2018-01-01 – 2018-12-31: 15388000000 CNY Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 24.03 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 24033000000 CNY

2018-01-01 – 2018-12-31: 24033000000 CNY Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−CNY 8.65 billion Capital expenditure here includes intangible assets.
Calculation and evidence

15388000000 − 24033000000 CNY

Exact free cash flow: -8645000000 CNY

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2019 2019-01-01 – 2019-12-31
CNY 2.64 billion
Exact value

Exact value: 2640000000 CNY

2019-01-01 – 2019-12-31: 2640000000 CNY Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 31.18 billion
Exact value

Exact value: 31175000000 CNY

2019-01-01 – 2019-12-31: 31175000000 CNY Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 15.62 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 15622000000 CNY

2019-01-01 – 2019-12-31: 15622000000 CNY Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 15.55 billion Capital expenditure here includes intangible assets.
Calculation and evidence

31175000000 − 15622000000 CNY

Exact free cash flow: 15553000000 CNY

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2020 2020-01-01 – 2020-12-31
−CNY 10.85 billion
Exact value

Exact value: -10847000000 CNY

2020-01-01 – 2020-12-31: -10847000000 CNY Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 2.7 billion
Exact value

Exact value: 2698000000 CNY

2020-01-01 – 2020-12-31: 2698000000 CNY Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 11.06 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 11061000000 CNY

2020-01-01 – 2020-12-31: 11061000000 CNY Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−CNY 8.36 billion Capital expenditure here includes intangible assets.
Calculation and evidence

2698000000 − 11061000000 CNY

Exact free cash flow: -8363000000 CNY

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2021 2021-01-01 – 2021-12-31
−CNY 12.11 billion
Exact value

Exact value: -12106000000 CNY

2021-01-01 – 2021-12-31: -12106000000 CNY Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 7.69 billion
Exact value

Exact value: 7688000000 CNY

2021-01-01 – 2021-12-31: 7688000000 CNY Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 17.14 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 17137000000 CNY

2021-01-01 – 2021-12-31: 17137000000 CNY Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−CNY 9.45 billion Capital expenditure here includes intangible assets.
Calculation and evidence

7688000000 − 17137000000 CNY

Exact free cash flow: -9449000000 CNY

Share or cite

The citation records this snapshot. The page link may show a newer release later.

2022 2022-01-01 – 2022-12-31
−CNY 32.7 billion
Exact value

Exact value: -32699000000 CNY

2022-01-01 – 2022-12-31: -32699000000 CNY Inspect Net Income Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−CNY 2.45 billion
Exact value

Exact value: -2450000000 CNY

2022-01-01 – 2022-12-31: -2450000000 CNY Inspect Operating Cash Flow Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

CNY 11.7 billion Capital expenditure here includes intangible assets.
Exact value

Exact value: 11696000000 CNY

2022-01-01 – 2022-12-31: 11696000000 CNY Inspect Capital Expenditure Including Intangibles Open source
Share or cite

The citation records this snapshot. The page link may show a newer release later.

−CNY 14.15 billion Capital expenditure here includes intangible assets.
Calculation and evidence

-2450000000 − 11696000000 CNY

Exact free cash flow: -14146000000 CNY

Share or cite

The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

712 filings · 608 latest values · 608 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001041668, 1041668, CHKIF, ZNH, edgar:1041668

Also known as CHINA SOUTHERN AIRLINES CO LTD, CHINA SOUTHERN AIRLINES COMPANY LIMITED