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China Southern Airlines Company Limited Class H (1055) AI Stock Analysis
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China Southern Airlines Company Limited Class H
(HKEX:1055)
The score is primarily held back by below-average financial resilience driven by very high leverage and weak free cash flow despite strong revenue recovery. Technicals add additional downside pressure given a clear downtrend versus key moving averages and negative MACD. Valuation provides limited support because losses make the negative P/E less informative and no dividend yield is available.
China Southern Airlines Company Limited Class H (1055) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 72.83B
- Dividend Yield
- ―
- Average Volume (3M)
- 10.62M
- Price to Earnings (P/E)
- -58.6
- Beta (1Y)
- 0.53
- Revenue Growth
- 12.27%
- EPS Growth
- 33.88%
- Country
- Hong Kong
- Employees
- 108,176
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Airlines, Airports & Air Services
China Southern Airlines Company Limited Class H Business Overview & Revenue Model
Company Description
China Southern Airlines Company Limited is a leading provider of air transport services, operating across the People's Republic of China, including its special administrative regions of Hong Kong and Macau, Taiwan, and numerous international destinat...
How the Company Makes Money
China Southern Airlines makes money primarily by selling air transportation and related aviation services. (1) Passenger transportation revenue: The largest source of revenue typically comes from carrying passengers on scheduled flights. Income is ge...
China Southern Airlines Company Limited Class H Financial Statement Overview
Summary
Top-line recovery is strong (TTM revenue up 27.3%) and operating profit is positive, but overall financial strength is constrained by very high leverage (TTM debt-to-equity ~8.6x, worsening vs prior years), negative net margin, and sharply weaker free cash flow (TTM down ~90% vs prior year).
Income Statement
52NeutralBalance Sheet
28NegativeCash Flow
45Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 237.60B | 182.26B | 174.22B | 159.93B | 87.06B | 101.64B |
| Gross Profit | 19.35B | 18.48B | 14.65B | 12.35B | -17.18B | 22.77B |
| EBITDA | 40.92B | 41.46B | 32.35B | 27.69B | -5.36B | 13.90B |
| Net Income | 204.17M | 857.00M | -1.70B | -4.21B | -33.72B | -11.02B |
Balance Sheet | ||||||
| Total Assets | 363.86B | 349.81B | 329.74B | 309.23B | 312.25B | 323.21B |
| Cash, Cash Equivalents and Short-Term Investments | 10.34B | 19.83B | 18.69B | 13.08B | 19.89B | 21.46B |
| Total Debt | 254.72B | 167.17B | 171.46B | 171.12B | 214.54B | 199.02B |
| Total Liabilities | 312.39B | 294.80B | 277.14B | 257.23B | 256.89B | 238.70B |
| Stockholders Equity | 30.32B | 35.58B | 34.73B | 36.78B | 41.27B | 67.85B |
Cash Flow | ||||||
| Free Cash Flow | 1.83B | 20.44B | 15.31B | 28.77B | -14.15B | -9.45B |
| Operating Cash Flow | 39.21B | 38.21B | 31.45B | 40.13B | -2.45B | 7.69B |
| Investing Cash Flow | -36.90B | -19.21B | -16.45B | -17.51B | -5.85B | -15.82B |
| Financing Cash Flow | -7.70B | -22.57B | -11.55B | -33.01B | 299.00M | 4.19B |
China Southern Airlines Company Limited Class H Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1055, the sentiment is Negative. The current price of 2.72 is below the 20-day moving average (MA) of 2.77, below the 50-day MA of 2.94, and below the 200-day MA of 4.01, indicating a bearish trend. The MACD of -0.08 indicates Negative momentum. The RSI at 41.74 is Neutral, neither overbought nor oversold. The STOCH value of 28.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1055.
China Southern Airlines Company Limited Class H Risk Analysis
China Southern Airlines Company Limited Class H disclosed 31 risk factors in its most recent earnings report. China Southern Airlines Company Limited Class H reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksChina Southern Airlines Company Limited Class H Peers Comparison
Overall Rating
HK:029378Outperform
HK:059873.5Outperform
HK:693665Neutral- HK:105541Neutral
HK:067040Underperform
HK:075340Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0293 | 78Outperform | HKD 83.86B | 6.60 | 22.72% | 6.53% | 19.66% | 35.67% |
| HK:0598 | 74Outperform | HKD 53.21B | 12.67 | 9.71% | 7.01% | 4.04% | 13.17% |
| HK:6936 | 65Neutral | HKD 178.67B | 14.85 | 10.90% | 3.54% | 11.20% | 6.59% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:1055 | 41Neutral | HKD 89.84B | -58.62 | -17.40% | ― | 12.27% | 33.88% |
| HK:0670 | 40Underperform | HKD 76.55B | -30.63 | -15.82% | ― | 13.21% | -24.88% |
| HK:0753 | 40Underperform | HKD 110.10B | -17.56 | -10.97% | ― | 10.90% | -347.64% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:1055 | China Southern Airlines Company Limited Class H | 2.72 | -2.15 | -44.15% | |
| HK:0753 | Air China (UK) | 3.50 | -2.45 | -41.16% | |
| HK:0293 | Cathay Pacific Airways | 13.79 | 3.35 | 32.14% | |
| HK:0598 | Sinotrans Class H | 4.80 | -0.17 | -3.48% | |
| HK:0670 | China Eastern Airlines Corporation Limited Class H | 2.31 | -1.85 | -44.46% | |
| HK:6936 | S.F. Holding Co., Ltd. Class H | 29.88 | -4.87 | -14.02% |
China Southern Airlines Company Limited Class H Corporate Events
China Southern Airlines Expands Guarantees to Affiliated Carriers
China Southern Airlines has disclosed that it has authorised Xiamen Airlines and several affiliated entities to obtain guarantees from the group for financing purposes. The guarantees cover Hebei Airlines, Jiangxi Airlines and multiple Xiamen aircraf...
China Southern Airlines Grows Revenue but Widens Losses in Q3 2026
China Southern Airlines posted operating revenue of RMB 52.53 billion for the third quarter of 2026, up 2.26% year on year, and RMB 147.21 billion for the first nine months, a 6.93% increase. Despite the revenue growth, the group reported a net loss...
China Southern Airlines Updates Articles After Major Convertible Bond Conversion
China Southern Airlines Company Limited, a major PRC-based airline listed in Hong Kong, New York and Shanghai, continues to refine its capital structure through equity and convertible bond financing. Its registered capital now incorporates substantia...
China Southern Airlines Sets Board Meeting to Approve Q3 2026 Results
China Southern Airlines has scheduled a board meeting for Friday, 30 October 2026 to review and approve its third-quarter results for the nine months ended 30 September 2026. The timing indicates the carrier is preparing to report its performance to...
China Southern Airlines lifts capacity, expands routes and refreshes fleet in September 2026
China Southern Airlines reported that in September 2026 its overall passenger capacity, measured in available seat kilometers, rose 3.8% year on year, with domestic, regional and international routes all expanding. Passenger traffic increased 3.26% o...
China Southern Airlines Posts August Passenger Growth as Cargo Softens and Fleet Expands
China Southern Airlines reported solid growth in passenger operations for August 2026, with overall capacity measured by available seat kilometers rising 3.61% year on year and traffic measured by revenue passenger kilometers up 4.81%. Domestic and i...
China Southern Airlines Wins CSRC Nod for Large Targeted A-Share Issuance
China Southern Airlines has obtained approval from the China Securities Regulatory Commission to register an issuance of up to 5,436,289,835 new A shares to no more than 35 specific investors, including its parent CSAH. The approval, valid for 12 mon...
China Southern Airlines Publishes Unaudited 2026 Interim Results for H-Shareholders
China Southern Airlines has released its unaudited interim results for the six months ended 30 June 2026, making the full interim report available on the HKEXnews website and the company’s own site. The printed 2026 interim report will be sent...
China Southern Airlines Sets Board Meeting to Review Interim Results and Potential Dividend
China Southern Airlines Company Limited has scheduled a board meeting for Friday, 28 August 2026 to review and approve its interim results for the six months ended 30 June 2016. The board will also consider the possible declaration of an interim divi...
China Southern Airlines Posts July Traffic Gains and Expands Next‑Gen Fleet
China Southern Airlines reported solid traffic growth for July 2026, with passenger capacity up 4.23% year on year and revenue passenger kilometres rising 5.25%. Domestic and international routes drove the expansion, lifting the overall passenger loa...
China Southern Airlines Wins SSE Nod for Targeted A-Share Issue, Awaits CSRC Approval
China Southern Airlines has received a review opinion from the Shanghai Stock Exchange confirming that its application to issue up to 5.44 billion new A shares to no more than 35 specific investors meets issuance, listing and disclosure requirements....
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 06, 2026