China Southern Airlines Co (SHSE:600029) FCF Yield %: 22.16 (As of Jun. 30, 2026) — 194% Above Median


SHSE:600029 China Southern Airlines Co Ltd SHSE:600029
64 GF Score
Price ¥5.18
GF Value ¥6.31
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is China Southern Airlines Co FCF Yield %?

China Southern Airlines Co SHSE:600029 -2.26% 64 FCF Yield % is 22.16 as of Jun. 30, 2026, which is 194% above its 10-year median of 7.53. GuruFocus rates SHSE:600029 with a GF Score™ of 64/100 and a GF Value™ of ¥6.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,004 Transportation companies, China Southern Airlines Co ranks better than 88.15% on this metric.

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, China Southern Airlines Co's Trailing 12-Month Free Cash Flow is ¥18,505 Mil, and Market Cap is ¥83,505 Mil. Therefore, China Southern Airlines Co's FCF Yield % for today is 22.16%.

The historical rank and industry rank for China Southern Airlines Co's FCF Yield % or its related term are showing as below:

SHSE:600029' s FCF Yield % Range Over the Past 10 Years
Min: -7.27   Med: 7.53   Max: 38.37
Current: 22.16


During the past 13 years, the highest FCF Yield % of China Southern Airlines Co was 38.37%. The lowest was -7.27%. And the median was 7.53%.

SHSE:600029's FCF Yield % is ranked better than
88.15% of 1004 companies
in the Transportation industry
Industry Median: 4.43 vs SHSE:600029: 22.16

China Southern Airlines Co's FCF Margin % for the quarter that ended in Mar. 2026 was -0.45%.


China Southern Airlines Co FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


China Southern Airlines Co FCF Yield % Related Terms


China Southern Airlines Co FCF Yield % Historical Data

* Premium members only.

The historical data trend for China Southern Airlines Co's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Southern Airlines Co FCF Yield % Chart

China Southern Airlines Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.26 -5.98 27.56 13.01 14.08

China Southern Airlines Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.70 25.22 57.24 -10.22 -0.83

SHSE:600029 vs DAL, UAL, LUV: FCF Yield % Comparison

For the Airlines subindustry, China Southern Airlines Co's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Southern Airlines Co FCF Yield % vs Transportation Industry

For the Transportation industry and Industrials sector, China Southern Airlines Co's FCF Yield % distribution charts can be found below:

* The bar in red indicates where China Southern Airlines Co's FCF Yield % falls into.


SHSE:600029
64GF Score
China Southern Airlines Co Ltd SHSE:600029
FCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Southern Airlines Co FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

China Southern Airlines Co's FCF Yield % for the fiscal year that ended in Dec. 2025 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=20442 / 145148.58522
=14.08%

China Southern Airlines Co's annualized FCF Yield % for the quarter that ended in Mar. 2026 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-213 * 4 / 102383.4579
=-0.83%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Yield % →
What does a FCF Yield % of 22.16 mean?
China Southern Airlines Co (SHSE:600029) has a FCF Yield % of 22.16 as of Jun. 30, 2026. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on China Southern Airlines Co and its competitors. This is 194% above median its historical median of 7.53. According to the industry distribution chart, China Southern Airlines Co ranks #119 out of 1004 companies in the Transportation industry, placing it in the top 11.9%.
Is China Southern Airlines Co's FCF Yield % too high?
China Southern Airlines Co's current FCF Yield % of 22.16 is 194% above median its 10-year median of 7.53. The Transportation industry median FCF Yield % is 4.43. China Southern Airlines Co's value of 22.16 is 400.2% above this industry median. Based on the distribution chart, China Southern Airlines Co ranks #119 out of 1004 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, China Southern Airlines Co has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Southern Airlines Co's FCF Yield % compare to DAL and UAL?
According to the Transportation industry distribution chart, China Southern Airlines Co ranks #119 out of 1004 companies for FCF Yield %. This places China Southern Airlines Co in the top 12% of its industry — outperforming the majority of peers. The industry median FCF Yield % is 4.43. China Southern Airlines Co's value of 22.16 is 400.2% above this benchmark. While the company's 10-year median is 7.53 vs. the industry median of 4.43, China Southern Airlines Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Yield % for a Transportation company?
The median FCF Yield % among Transportation companies is 4.43, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a FCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, FCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Southern Airlines Co's current FCF Yield % of 22.16 is 400.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Yield % mean?
A high FCF Yield % can signal that a stock is expensive relative to its fundamentals. FCF Yield is calculated as Free Cash Flow divided by Market Capitalization. View historical data on China Southern Airlines Co and its competitors. For the Transportation industry, the median FCF Yield % is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Southern Airlines Co's current FCF Yield % is 22.16, which is 194% above median its own 10-year median of 7.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Southern Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, China Southern Airlines Co (SHSE:600029) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.31, compared to a current price of ¥5.18 — trading 17.9% below its estimated fair value. The current FCF Yield % is 22.16, which is 194% above median its 10-year median of 7.53 and 400.2% above the Transportation industry median of 4.43. China Southern Airlines Co's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Yield % calculated?
FCF Yield % is calculated from a company's financial statements. For China Southern Airlines Co (SHSE:600029), the current FCF Yield % is 22.16 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Southern Airlines Co (SHSE:600029) Overvalued in 2026?

Based on GuruFocus' analysis, China Southern Airlines Co stock appears to be undervalued. The current stock price of ¥5.18 is trading 17.9% below its estimated GF Value™ of ¥6.31. GuruFocus considers China Southern Airlines Co to be Modestly Undervalued.

Key valuation signals for SHSE:600029:

  • FCF Yield %: 22.16 (194% above median its 10-year median of 7.53)
  • GF Value™: ¥6.31 vs. price of ¥5.18 (17.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 400.2% above the Transportation median (#119 of 1004)

No single metric tells the full story. See the SHSE:600029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Southern Airlines Co Business Description

Address 68 Qixin Road, China Southern Air Building, Baiyun District, Guangdong Province, Guangzhou, CHN, 510403
China Southern Airlines Co Ltd is based in Guangzhou principally engaged in airline operations. The Group also operates certain airline-related businesses, including the provision of aircraft maintenance and air catering services. The Group has two reportable operating segments: airline transportation operations and other segments. Airline transportation operations comprise the Group's passenger and cargo, and mail operations. Other segments include cargo handling, hotel and tour operation, ground services, air catering services, and other miscellaneous services. Geographically, the company operates in the Domestic, Hong Kong, Macau, and Taiwan, and International markets.
64GF Score

Get the complete analysis for SHSE:600029

FCF Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.18
Price
¥6.31
GF Value