Ratios

		vs industry	vs history
P/E(ttm)	12.70	ZNH's P/E(ttm) is ranked lower than 91% of the 32 Companies in the Global Airlines industry. ( Industry Median: 14.10 vs. ZNH: 12.70 )	ZNH' s 10-Year P/E(ttm) Range Min: 6.44   Max: 916.35 Current: 12.7 6.44 916.35
P/B	1.00	ZNH's P/B is ranked higher than 59% of the 32 Companies in the Global Airlines industry. ( Industry Median: 1.67 vs. ZNH: 1.00 )	ZNH' s 10-Year P/B Range Min: 0.97   Max: 11.31 Current: 1 0.97 11.31
P/S	0.30	ZNH's P/S is ranked lower than 53% of the 32 Companies in the Global Airlines industry. ( Industry Median: 0.40 vs. ZNH: 0.30 )	ZNH' s 10-Year P/S Range Min: 0.26   Max: 2.5 Current: 0.3 0.26 2.5
PFCF	2.50	ZNH's PFCF is ranked lower than 56% of the 32 Companies in the Global Airlines industry. ( Industry Median: 12.30 vs. ZNH: 2.50 )	ZNH' s 10-Year PFCF Range Min: 14.68   Max: 98.04 Current: 2.5 14.68 98.04
EV-to-EBIT	19.2	ZNH's EV-to-EBIT is ranked lower than 94% of the 32 Companies in the Global Airlines industry. ( Industry Median: 8.60 vs. ZNH: 19.2 )	ZNH' s 10-Year EV-to-EBIT Range Min: 15.9   Max: 679.6 Current: 19.2 15.9 679.6
Shiller P/E	18.8	ZNH's Shiller P/E is ranked lower than 84% of the 32 Companies in the Global Airlines industry. ( Industry Median: 9.75 vs. ZNH: 18.8 )	ZNH' s 10-Year Shiller P/E Range Min: 19.06   Max: 1862.7 Current: 18.8 19.06 1862.7

Dividend & Buy Back

		vs industry	vs history
Dividend Yield	5.50	ZNH's Dividend Yield is ranked higher than 91% of the 32 Companies in the Global Airlines industry. ( Industry Median: 1.86 vs. ZNH: 5.50 )	ZNH' s 10-Year Dividend Yield Range Min: 4.29   Max: 5.25 Current: 5.5 4.29 5.25
Dividend Payout	0.6	ZNH's Dividend Payout is ranked lower than 75% of the 32 Companies in the Global Airlines industry. ( Industry Median: 0.65 vs. ZNH: 0.6 )	ZNH' s 10-Year Dividend Payout Range Min: 0.68   Max: 0.68 Current: 0.6
Yield on cost (5-Year)	5.40	ZNH's Yield on cost (5-Year) is ranked higher than 87% of the 32 Companies in the Global Airlines industry. ( Industry Median: 1.95 vs. ZNH: 5.40 )	ZNH' s 10-Year Yield on cost (5-Year) Range Min: 4.28   Max: 5.25 Current: 5.4 4.28 5.25
Share Buyback Rate	-8.5	ZNH's Share Buyback Rate is ranked lower than 59% of the 32 Companies in the Global Airlines industry. ( Industry Median: -2.10 vs. ZNH: -8.5 )	ZNH' s 10-Year Share Buyback Rate Range Min: 0.1   Max: -10.6 Current: -8.5

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	8.4	ZNH's Price/Net Current Asset Value is ranked higher than 72% of the 32 Companies in the Global Airlines industry. ( Industry Median: 8.15 vs. ZNH: 8.4 )	ZNH' s 10-Year Price/Net Current Asset Value Range Min: 4.5   Max: 62.1 Current: 8.4 4.5 62.1
Price/Tangible Book	1.1	ZNH's Price/Tangible Book is ranked higher than 84% of the 32 Companies in the Global Airlines industry. ( Industry Median: 1.50 vs. ZNH: 1.1 )	ZNH' s 10-Year Price/Tangible Book Range Min: 1.2   Max: 9.1 Current: 1.1 1.2 9.1
Price/Median PS Value	0.5	ZNH's Price/Median PS Value is ranked lower than 75% of the 32 Companies in the Global Airlines industry. ( Industry Median: 0.80 vs. ZNH: 0.5 )	ZNH' s 10-Year Price/Median PS Value Range Min: 0.4   Max: 3.5 Current: 0.5 0.4 3.5
Price/Graham Number	0.6	ZNH's Price/Graham Number is ranked higher than 97% of the 32 Companies in the Global Airlines industry. ( Industry Median: 0.70 vs. ZNH: 0.6 )	ZNH' s 10-Year Price/Graham Number Range Min: 0.7   Max: 5.4 Current: 0.6 0.7 5.4
Earnings Yield (Greenblatt)	5.20	ZNH's Earnings Yield (Greenblatt) is ranked lower than 84% of the 32 Companies in the Global Airlines industry. ( Industry Median: 10.75 vs. ZNH: 5.20 )	ZNH' s 10-Year Earnings Yield (Greenblatt) Range Min: 0.1   Max: 6.3 Current: 5.2 0.1 6.3
Forward Rate of Return (Yacktman)	-16.18	ZNH's Forward Rate of Return (Yacktman) is ranked lower than 78% of the 32 Companies in the Global Airlines industry. ( Industry Median: 13.69 vs. ZNH: -16.18 )	ZNH' s 10-Year Forward Rate of Return (Yacktman) Range Min: -52.4   Max: 21.7 Current: -16.18 -52.4 21.7

Business Description

China Southern Airlines Company Limited is a joint stock company incorporated in China on March 25, 1995. The Company and its subsidiaries are mainly engaged in the provision of domestic, Hong Kong, Macau and Taiwan and international passenger, cargo and mail airline services. The Group also provides air cargo and mail services. The Group operates the most extensive route network among the Chinese airlines. The Group continually evaluates its network of domestic, regional and international routes in light of its operating profitability and efficiency. The Group seeks to coordinate flight schedules with the Airline Subsidiaries on shared routes to maximize load factors and utilization rates. The acquisition of domestic, regional and international routes is subject to approval of the CAAC, and the acquisition of regional and international routes is also subject to the existence and the terms of agreements between the Chinese government and the government of the Hong Kong SAR, the government of the Macau SAR, the government of Taiwan province and the government of the proposed foreign destination. In order to expand the Group's international route network, the Group has entered into code-sharing agreements with several international airlines, including Delta Airlines, Asiana Airlines, Japan Air System, Vietnam Airlines, KLM Royal Dutch Airlines and Garuda Indonesian. In addition to its main route bases in Guangzhou and Beijing, the Group maintains certain regional route bases in Zhengzhou, Wuhan, Changsha, Shenzhen, Shenyang, Changchun, Dalian, Harbin, Urumqi, Haikou, Zhuhai, Xiamen, Shanghai, Xi'an, Fuzhou, Nanning, Guilin, Shantou, Guiyang, Chongqing, Sanya and Beihai. Most of its regional route bases are located in provincial capitals or major commercial centers in the PRC. The Group's domestic routes network serves substantially all provinces and autonomous regions in China, including Guangdong, Fujian, Hubei, Hunan, Hainan, Guangxi, Guizhou, Henan, Heilongjiang, Jilin, Liaoning and Xinjiang, and serves all four centrally-administered municipalities in China, namely, Beijing, Shanghai, Tianjin, and Chongqing. The Group offers scheduled service between Hong Kong and Guangzhou, Shenyang, Wu Yi Shan, Zhang Jia Jie, Changchun, Yinchuan, Xiamen, Shantou, Beijing, Guilin, Meixian, Haikou, Wuhan, Zhengzhou, Nanning, Changsha and Sanya; between Macau and Fuzhou, Hangzhou, Nanchang, Xiamen and Tianjin; between Taipei and Guangzhou, Shanghai, Fuzhou, Hangzhou; between Taichung and Xiamen. The Group is the main Chinese airline serving Southeast Asian destinations, including Singapore and major cities in Indonesia, Thailand, Malaysia, the Philippines, Vietnam, Myanmar and Cambodia. The Company faces increasingly intense competition both in domestic aviation industry and in the international market. The Company's business is subject to government regulations, and there could be no assurance as to the equal treatment of all airlines under tho
Company Website

Industry:	Airlines
Compare:	CPA, RYAAY, LFL, ALNPY, LUV
Traded in other countries:	600029.China, K3TD.Singapore, 01055.Hong kong, ZNHH.Germany, ZNH.Germany

Personalized Checklist