Earnings Alerts

China Southern Airlines (1055) Earnings: 1H Prelim Net Loss Between 1.06B to 1.58B Yuan

  • China Southern Airlines reports a preliminary net loss for the first half of 2024 ranging between 1.06 billion yuan and 1.58 billion yuan.
  • The company mentions that the external environment of the aviation industry is complicated.
  • Recovery in the international market is facing challenges according to the company’s statement.
  • Current analyst recommendations: 11 buys, 6 holds, and no sells.

A look at China Southern Airlines Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

China Southern Airlines, a prominent player in the aviation industry, has received a high Smartkarma Smart Score for Growth, indicating a strong long-term outlook in terms of expanding its operations and market presence. This suggests that the company is well-positioned to capitalize on future opportunities for growth within the commercial airline sector, both in China and beyond.

Despite a lower score in areas such as Dividend and Resilience, the company’s overall momentum scores high on the Smartkarma scale. This indicates a positive trend in the company’s performance and investor sentiment, which bodes well for its future prospects. With a diversified range of services including aircraft maintenance and air catering, China Southern Airlines is poised to continue its journey towards further success in the global aviation market.

The company, as described, provides commercial airline services primarily in China and Southeast Asia, showcasing a significant presence in the region. Alongside its core airline operations, it also offers ancillary services like aircraft maintenance and air catering, enhancing its overall value proposition within the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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