Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Hong Kong
  4. Hong Kong Stock Exchange
  5. China Southern Airlines Company Limited
  6. News
  7. Summary
    1055   CNE1000002T6

CHINA SOUTHERN AIRLINES COMPANY LIMITED

(1055)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

China Southern Airlines : 2021 Interim Results Announcement

09/02/2021 | 06:12am EDT

2020 中国南方航空 年 度 业 绩

Annual Results

(International Financial Reporting Standards)

Contents

  1. Industry Overview
  2. Business Overview
  3. Financial Highlights
  4. Future Prospects

01

Industry Overview

Unfavorable Factors in 2020

Global outbreak of

The pandemic triggersa global

economic recession

Covid-19

In 2020, more than 80 million

The IMF warned that the globaleconomy

confirmed cases of coronavirus

was expected to shrink by 3.5%in 2020.

were detected worldwide.

2020 Annual Results

Aviation industry is

facing a crisis

Accordingto the statistics releasedby IATA, the total number of global passengers in 2020 down by 60%.

Favorable Factors in 2020

China was the world's fastest recovering and best performing aviation market in 2020

Recovery of passenger traffic leads the world

China's civil aviation sector handled 420 million passenger trips in 2020, which was 63.3% of that in 2019.

Oil Price and exchange rate benefits the industry

In 2020, the average price of Brent crude oil decreased by 32.69% YoY, while the yuan's central parity exchange rate against the US dollar rose by 6.47%.

Outstanding performance in cargo and mail transportation

The domestic transport of cargo and mail hit 6.77 million tonnesin 2020, or 89.8% of that in 2019.

2020 Annual Results

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

China Southern Airlines Company Ltd. published this content on 02 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2021 10:11:02 UTC.


© Publicnow 2021
All news about CHINA SOUTHERN AIRLINES COMPANY LIMITED
10/18CHINA SOUTHERN AIRLINES : ANNOUNCEMENT ON KEY OPERATING DATA - Form 6-K
PU
10/18CHINA SOUTHERN AIRLINES' : Passenger Count Slides 27%
MT
10/15CHINA SOUTHERN AIRLINES : Notice on Suspending the Transportation of Transfer Passengers f..
PU
10/15China Southern Airlines Company Limited Reports Operating Results for the Month and Yea..
CI
09/28BOEING : Guangzhou Aircraft Sign Deal to Create Additional Capacity for 767-300 Converted ..
MT
09/25CHINA SOUTHERN AIRLINES : Notice on October International Flight Schedule of China Souther..
PU
09/23Boeing Raises China Aircraft Demand Forecast Through 2040 to $1.47 Trillion
MT
09/22CHINA SOUTHERN AIRLINES : CZ8354 CGK-SZX Flight Travel Requirement
PU
09/17CHINA SOUTHERN AIRLINES : Changes in the Share Capital, Shareholders' Profile and Disclosu..
PU
09/16CHINA SOUTHERN AIRLINES : ANNOUNCEMENT ON KEY OPERATING DATA (Form 6-K)
PU
More news
Analyst Recommendations on CHINA SOUTHERN AIRLINES COMPANY LIMITED
More recommendations
Financials
Sales 2021 117 B 18 345 M 18 345 M
Net income 2021 -6 109 M -957 M -957 M
Net Debt 2021 174 B 27 168 M 27 168 M
P/E ratio 2021 -10,00x
Yield 2021 0,13%
Capitalization 97 182 M 15 224 M 15 215 M
EV / Sales 2021 2,31x
EV / Sales 2022 1,45x
Nbr of Employees 98 347
Free-Float 29,1%
Chart CHINA SOUTHERN AIRLINES COMPANY LIMITED
Duration : Period :
China Southern Airlines Company Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CHINA SOUTHERN AIRLINES COMPANY LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 17
Last Close Price 3,96 CNY
Average target price 4,84 CNY
Spread / Average Target 22,0%
EPS Revisions
Managers and Directors
Xu Lun Ma Chairman & Chief Executive Officer
Wen Sheng Han Vice Chairman & President
Yong Yao EVP, Chief Accountant & Financial Officer
Jia Shi Li Chairman-Supervisory Board
Hai Long Zhu Chief Operating Officer
Sector and Competitors