Business Segments China Southern Airlines Company Limited Hong Kong S.E.

Stocks

Market Closed - Hong Kong S.E. Other stock markets 09:08:21 12/06/2026 BST			5-day change	1st Jan Change
3.610 ^HKD	+5.56%		-0.55%	-37.97%

06-01	China Southern Airlines to Up Stake in Subsidiary for 4.50 Billion Yuan	MT
05-29	China Southern Airlines plans cash injection into unit Chongqing Airlines	RE

Breakdown by Business Segment (CNY)

Fiscal Period: December	2021	2022	2023	2024	2025
Commercial Airlines
Aviation Operations Division	101B	86.34B	158B	172B	181B
Total Assets	312B	301B	291B	314B	333B
Interest Expense	-6.29B	-6.1B	-5.93B	-5.75B	-5.54B
Income Tax Expense	-2.77B	2.11B	1.09B	1.24B	1.96B
CAPEX	-21.46B	-23.74B	-	-	-
EBT	-13.77B	-31.23B	-1.41B	1.13B	3.6B
D&A	23.85B	23.83B	26.95B	28.16B	31.04B
Net Income	-11B	-33.34B	-2.5B	-115M	1.64B
Lodging
Other Operations	4.68B	4.28B	7.48B	8.4B	9.72B
Total Assets	5.91B	5.68B	7.65B	9.07B	13.4B
Interest Expense	-26M	-41M	-71M	-56M	-63M
Income Tax Expense	-44M	97M	139M	131M	153M
CAPEX	-905M	-385M	-	-	-
EBT	-111M	-452M	613M	867M	1.08B
D&A	380M	430M	233M	211M	167M
Net Income	-67M	-549M	474M	736M	923M
Offset of Business Segment	-4B	-3.57B	-5.67B	-6.6B	-8.12B
Total Assets	-1.62B	-1.97B	-3.15B	-6.1B	-7.97B
Interest Expense	115M	131M	69M	52M	48M
Income Tax Expense	-	-	-6M	3M	3M
CAPEX	359M	312M	-	-	-
EBT	2M	-8M	-34M	-12M	20M
Net Income	2M	-8M	-28M	-15M	17M
Total Assets	6.64B	6.94B	13.55B	13.12B	10.93B
Income Tax Expense	-77M	-31M	218M	49M	8M
EBT	-25M	167M	-814M	-403M	111M
Net Income	52M	198M	-1.03B	-452M	103M

Geographical breakdown of sales (CNY)

Fiscal Period: December	2021	2022	2023	2024	2025
Mainland China	76.52B	57.26B	123B	122B	122B
International	24.74B	29.25B	35.22B	50.02B	57.6B
Hong Kong, Macau and Taiwan	388M	554M	1.77B	2.08B	2.26B
Total Assets	323B	312B	309B	330B	350B