China Southern Airlines Co (SHSE:600029) OCF Yield %: 45.82 (As of Jul. 02, 2026) — 83% Above Median


SHSE:600029 China Southern Airlines Co Ltd SHSE:600029
60 GF Score
Price ¥5.26
GF Value ¥6.30
Valuation Modestly Undervalued
! 6 Warning Signs
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What is China Southern Airlines Co OCF Yield %?

China Southern Airlines Co SHSE:600029 -1.68% 60 OCF Yield % is 45.82 as of Jul. 02, 2026, which is 83% above its 10-year median of 25.02. GuruFocus rates SHSE:600029 with a GF Score™ of 60/100 and a GF Value™ of ¥6.30 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,003 Transportation companies, China Southern Airlines Co ranks better than 90.73% on this metric.

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

As of today, China Southern Airlines Co's Trailing 12-Month Cash Flow from Operations is ¥38,629 Mil, and Market Cap is ¥84,308 Mil. Therefore, China Southern Airlines Co's OCF Yield % for today is 45.82%.

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

SHSE:600029' s OCF Yield % Range Over the Past 10 Years
Min: 2.46   Med: 25.02   Max: 65.01
Current: 45.82


During the past 13 years, the highest OCF Yield % of China Southern Airlines Co was 65.01%. The lowest was 2.46%. And the median was 25.02%.

SHSE:600029's OCF Yield % is ranked better than
90.73% of 1003 companies
in the Transportation industry
Industry Median: 12.1 vs SHSE:600029: 45.82

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


China Southern Airlines Co OCF Yield % Explanation

Similar to Earnings Yield %, OCF 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 operating 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 OCF Yield % Related Terms


China Southern Airlines Co OCF Yield % Historical Data

* Premium members only.

The historical data trend for China Southern Airlines Co's OCF 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 OCF Yield % Chart

China Southern Airlines Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.58 2.52 38.45 26.74 26.32

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
OCF 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 17.22 37.07 65.84 16.04 18.96

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

For the Airlines subindustry, China Southern Airlines Co's OCF Yield %, along with its competitors' market caps and OCF 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 OCF Yield % vs Transportation Industry

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

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


SHSE:600029
60GF Score
China Southern Airlines Co Ltd SHSE:600029
OCF Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Southern Airlines Co OCF Yield % Calculation

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

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

OCF Yield %=Cash Flow from Operations / Market Cap
=38209 / 145148.58522
=26.32%

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

OCF Yield %=Cash Flow from Operations * Annualized Factor / Market Cap
=4852 * 4 / 102383.4579
=18.96%

* 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 OCF Yield % →
What does a OCF Yield % of 45.82 mean?
China Southern Airlines Co (SHSE:600029) has a OCF Yield % of 45.82 as of Jul. 02, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on China Southern Airlines Co and its competitors. This is 83% above median its historical median of 25.02. Over the past decade, China Southern Airlines Co's OCF Yield % has ranged from 2.46 to 65.01. According to the industry distribution chart, China Southern Airlines Co ranks #93 out of 1003 companies in the Transportation industry, placing it in the top 9.3%.
Is China Southern Airlines Co's OCF Yield % too high?
China Southern Airlines Co's current OCF Yield % of 45.82 is 83% above median its 10-year median of 25.02. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 65.01. The Transportation industry median OCF Yield % is 12.10. China Southern Airlines Co's value of 45.82 is 278.7% above this industry median. Based on the distribution chart, China Southern Airlines Co ranks #93 out of 1003 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 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Southern Airlines Co's OCF Yield % compare to DAL and UAL?
According to the Transportation industry distribution chart, China Southern Airlines Co ranks #93 out of 1003 companies for OCF Yield %. This places China Southern Airlines Co in the top 9% of its industry — outperforming the majority of peers. The industry median OCF Yield % is 12.10. China Southern Airlines Co's value of 45.82 is 278.7% above this benchmark. Historically, China Southern Airlines Co's own OCF Yield % has ranged from 2.46 to 65.01 over the past decade. While the company's 10-year median is 25.02 vs. the industry median of 12.10, 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 OCF Yield % for a Transportation company?
The median OCF Yield % among Transportation companies is 12.10, based on 1,003 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Southern Airlines Co's current OCF Yield % of 45.82 is 278.7% 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 OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on China Southern Airlines Co and its competitors. For the Transportation industry, the median OCF Yield % is 12.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Southern Airlines Co's current OCF Yield % is 45.82, which is 83% above median its own 10-year median of 25.02. 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 ¥6.30, compared to a current price of ¥5.26 — trading 16.5% below its estimated fair value. The current OCF Yield % is 45.82, which is 83% above median its 10-year median of 25.02 and 278.7% above the Transportation industry median of 12.10. China Southern Airlines Co's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For China Southern Airlines Co (SHSE:600029), the current OCF Yield % is 45.82 as of Jul. 02, 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 ¥5.26 is trading 16.5% below its estimated GF Value™ of ¥6.30. GuruFocus considers China Southern Airlines Co to be Modestly Undervalued.

Key valuation signals for SHSE:600029:

  • OCF Yield %: 45.82 (83% above median its 10-year median of 25.02)
  • GF Value™: ¥6.30 vs. price of ¥5.26 (16.5% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 278.7% above the Transportation median (#93 of 1003)

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.
60GF Score

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

¥5.26
Price
¥6.30
GF Value