China Southern Airlines Co Ltd
SSE:600029

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China Southern Airlines Co Ltd Logo
China Southern Airlines Co Ltd
SSE:600029
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Price: 6.58 CNY 2.02% Market Closed
Market Cap: 88.7B CNY
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Income Statement

Earnings Waterfall
China Southern Airlines Co Ltd

Revenue
175.1B CNY
Cost of Revenue
-162.6B CNY
Gross Profit
12.5B CNY
Operating Expenses
-8.2B CNY
Operating Income
4.3B CNY
Other Expenses
-7.9B CNY
Net Income
-3.6B CNY

Income Statement
China Southern Airlines Co Ltd

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Income Statement
Currency: CNY
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
105 533
N/A
108 313
+3%
110 080
+2%
111 440
+1%
111 837
+0%
111 500
0%
111 788
+0%
112 239
+0%
112 801
+1%
114 803
+2%
117 770
+3%
121 053
+3%
124 284
+3%
127 489
+3%
130 627
+2%
134 726
+3%
140 255
+4%
143 623
+2%
147 155
+2%
149 007
+1%
151 399
+2%
154 322
+2%
137 830
-11%
120 347
-13%
103 007
-14%
92 561
-10%
92 673
+0%
105 173
+13%
105 706
+1%
101 644
-4%
101 862
+0%
90 885
-11%
93 310
+3%
87 059
-7%
99 643
+14%
118 072
+18%
136 389
+16%
159 929
+17%
170 475
+7%
172 889
+1%
175 099
+1%
Gross Profit
Cost of Revenue
(93 834)
(95 129)
(94 367)
(93 472)
(91 714)
(91 496)
(91 766)
(92 335)
(93 812)
(96 460)
(101 170)
(105 319)
(107 935)
(111 797)
(114 682)
(119 040)
(125 015)
(128 625)
(131 799)
(133 294)
(134 400)
(135 688)
(127 887)
(114 690)
(103 997)
(94 959)
(94 826)
(104 052)
(105 550)
(104 246)
(106 081)
(102 141)
(106 984)
(105 995)
(114 543)
(123 669)
(132 416)
(147 590)
(154 531)
(159 794)
(162 576)
Gross Profit
11 699
N/A
13 184
+13%
15 713
+19%
17 968
+14%
20 123
+12%
20 004
-1%
20 022
+0%
19 904
-1%
18 989
-5%
18 343
-3%
16 600
-10%
15 734
-5%
16 349
+4%
15 692
-4%
15 945
+2%
15 686
-2%
15 240
-3%
14 998
-2%
15 356
+2%
15 713
+2%
16 999
+8%
18 634
+10%
9 943
-47%
5 657
-43%
(990)
N/A
(2 398)
-142%
(2 153)
+10%
1 121
N/A
156
-86%
(2 602)
N/A
(4 219)
-62%
(11 256)
-167%
(13 674)
-21%
(18 936)
-38%
(14 900)
+21%
(5 597)
+62%
3 973
N/A
12 339
+211%
15 944
+29%
13 095
-18%
12 523
-4%
Operating Income
Operating Expenses
(11 060)
(10 875)
(10 954)
(10 707)
(10 208)
(10 178)
(9 439)
(9 360)
(9 614)
(9 768)
(9 695)
(8 650)
(8 325)
(7 890)
(7 966)
(7 710)
(7 697)
(7 287)
(6 578)
(6 984)
(6 826)
(8 809)
(7 857)
(7 950)
(7 390)
(6 003)
(5 312)
(5 425)
(5 058)
(5 525)
(5 077)
(4 415)
(4 308)
(4 146)
(4 159)
(5 329)
(5 844)
(7 767)
(7 608)
(7 462)
(8 222)
Selling, General & Administrative
(10 496)
(10 516)
(10 749)
(10 500)
(10 000)
(9 776)
(9 329)
(9 257)
(9 509)
(9 411)
(9 712)
(9 764)
(9 754)
(10 519)
(10 510)
(10 675)
(10 891)
(10 808)
(10 929)
(11 030)
(11 301)
(11 796)
(11 689)
(11 010)
(10 495)
(9 145)
(9 077)
(9 525)
(9 208)
(8 513)
(8 579)
(8 054)
(7 718)
(7 900)
(8 508)
(9 316)
(10 233)
(10 508)
(10 835)
(10 940)
(11 068)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
(87)
(135)
0
0
(162)
(163)
(216)
(309)
(266)
(291)
(349)
(350)
(357)
(392)
(364)
(366)
(394)
(392)
(379)
(384)
(353)
(351)
(387)
(415)
(457)
(498)
(505)
(531)
(527)
(514)
Depreciation & Amortization
0
(201)
0
0
0
(213)
0
0
0
(253)
0
0
0
(264)
0
0
0
(294)
0
0
0
(531)
0
0
0
(589)
0
0
0
(524)
0
0
0
(454)
0
0
0
(446)
0
0
0
Other Operating Expenses
(564)
(158)
(205)
(207)
(208)
(189)
(110)
(103)
(105)
(104)
17
1 201
1 564
2 893
2 544
3 127
3 357
4 031
4 660
4 312
4 766
3 867
4 182
3 417
3 497
4 095
4 131
4 494
4 542
3 891
3 886
3 992
3 761
4 595
4 764
4 444
4 887
3 692
3 758
4 005
3 360
Operating Income
639
N/A
2 309
+261%
4 759
+106%
7 261
+53%
9 915
+37%
9 826
-1%
10 583
+8%
10 544
0%
9 375
-11%
8 575
-9%
6 905
-19%
7 084
+3%
8 024
+13%
7 802
-3%
7 979
+2%
7 976
0%
7 543
-5%
7 711
+2%
8 778
+14%
8 729
-1%
10 173
+17%
9 825
-3%
2 086
-79%
(2 293)
N/A
(8 380)
-265%
(8 401)
0%
(7 465)
+11%
(4 304)
+42%
(4 902)
-14%
(8 127)
-66%
(9 296)
-14%
(15 671)
-69%
(17 982)
-15%
(23 082)
-28%
(19 059)
+17%
(10 926)
+43%
(1 871)
+83%
4 572
N/A
8 336
+82%
5 633
-32%
4 301
-24%
Pre-Tax Income
Interest Income Expense
(1 380)
(1 677)
(1 345)
(670)
(4 970)
(7 054)
(6 886)
(8 820)
(5 055)
(5 015)
(4 989)
(3 296)
(2 254)
(395)
376
(1 744)
(4 212)
(4 324)
(5 142)
(5 845)
(6 928)
(6 766)
(10 282)
(9 076)
(5 278)
(3 249)
(1 913)
(389)
(2 516)
(3 977)
(3 298)
(6 566)
(8 304)
(9 255)
(8 705)
(7 740)
(5 525)
(7 120)
(7 820)
(8 156)
(7 848)
Non-Reccuring Items
0
(227)
0
0
0
(95)
0
0
0
401
710
904
1 223
612
1 742
1 627
1 411
598
435
357
270
121
113
192
221
(4 071)
(3 934)
(3 932)
(4 006)
(2 239)
(2 212)
(2 225)
(2 152)
118
5
(31)
(19)
371
328
457
492
Gain/Loss on Disposition of Assets
0
267
0
0
(10)
270
359
527
733
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
2 326
2 423
2 780
2 904
3 286
3 449
3 461
3 600
3 722
3 687
3 421
2 324
1 489
779
71
(118)
(164)
502
462
545
618
890
776
911
730
535
424
278
350
440
357
530
553
693
681
536
464
532
497
2 341
2 399
Pre-Tax Income
1 585
N/A
3 095
+95%
6 194
+100%
9 495
+53%
8 221
-13%
6 396
-22%
7 517
+18%
5 851
-22%
8 775
+50%
7 648
-13%
6 047
-21%
7 016
+16%
8 482
+21%
8 798
+4%
10 168
+16%
7 741
-24%
4 578
-41%
4 487
-2%
4 533
+1%
3 786
-16%
4 133
+9%
4 070
-2%
(7 307)
N/A
(10 266)
-40%
(12 707)
-24%
(15 186)
-20%
(12 888)
+15%
(8 347)
+35%
(11 074)
-33%
(13 903)
-26%
(14 449)
-4%
(23 932)
-66%
(27 885)
-17%
(31 526)
-13%
(27 078)
+14%
(18 161)
+33%
(6 951)
+62%
(1 645)
+76%
1 341
N/A
275
-79%
(656)
N/A
Net Income
Tax Provision
(234)
(677)
(1 391)
(2 192)
(1 853)
(1 369)
(1 669)
(1 248)
(1 991)
(1 759)
(1 353)
(1 620)
(1 918)
(1 965)
(2 313)
(1 703)
(1 098)
(1 031)
(1 055)
(1 023)
(967)
(975)
1 508
2 173
2 689
3 366
2 964
2 039
2 700
2 892
3 013
4 902
3 839
(2 172)
(3 805)
(6 033)
(5 842)
(1 437)
(1 443)
(1 403)
(1 511)
Income from Continuing Operations
1 351
2 418
4 803
7 303
6 368
5 027
5 848
4 603
6 784
5 889
4 694
5 396
6 564
6 833
7 855
6 038
3 480
3 456
3 478
2 763
3 166
3 095
(5 799)
(8 093)
(10 018)
(11 820)
(9 924)
(6 308)
(8 374)
(11 011)
(11 436)
(19 030)
(24 046)
(33 698)
(30 883)
(24 194)
(12 793)
(3 082)
(102)
(1 128)
(2 167)
Income to Minority Interest
(660)
(645)
(821)
(1 010)
(1 165)
(1 135)
(1 166)
(1 081)
(1 137)
(833)
(781)
(704)
(899)
(919)
(947)
(755)
(441)
(473)
(390)
(227)
(280)
(444)
539
880
1 128
978
338
(1 048)
(1 124)
(1 092)
(1 157)
127
475
1 016
799
125
(982)
(1 127)
(1 453)
(1 434)
(1 397)
Net Income (Common)
691
N/A
1 773
+157%
3 982
+125%
6 293
+58%
5 203
-17%
3 892
-25%
4 682
+20%
3 522
-25%
5 647
+60%
5 056
-10%
3 913
-23%
4 692
+20%
5 665
+21%
5 914
+4%
6 908
+17%
5 283
-24%
3 039
-42%
2 983
-2%
3 088
+4%
2 536
-18%
2 886
+14%
2 651
-8%
(5 260)
N/A
(7 213)
-37%
(8 890)
-23%
(10 842)
-22%
(9 586)
+12%
(7 356)
+23%
(9 498)
-29%
(12 103)
-27%
(12 593)
-4%
(18 903)
-50%
(23 571)
-25%
(32 682)
-39%
(30 084)
+8%
(24 069)
+20%
(13 775)
+43%
(4 209)
+69%
(1 555)
+63%
(2 562)
-65%
(3 564)
-39%
EPS (Diluted)
0.07
N/A
0.18
+157%
0.4
+122%
0.63
+58%
0.52
-17%
0.4
-23%
0.47
+18%
0.35
-26%
0.57
+63%
0.52
-9%
0.4
-23%
0.44
+10%
0.56
+27%
0.59
+5%
0.68
+15%
0.52
-24%
0.29
-44%
0.28
-3%
0.29
+4%
0.18
-38%
0.26
+44%
0.22
-15%
-0.41
N/A
-0.56
-37%
-0.62
-11%
-0.77
-24%
-0.62
+19%
-0.47
+24%
-0.55
-17%
-0.75
-36%
-0.77
-3%
-1.1
-43%
-1.38
-25%
-1.9
-38%
-1.66
+13%
-1.36
+18%
-0.31
+77%
-0.23
+26%
-0.08
+65%
-0.14
-75%
-0.19
-36%

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