Earnings Alerts

China Southern Airlines (1055) Earnings: June Passenger Load Factor Hits 83.4%, Traffic Up 18%

  • High Passenger Load Factor: China Southern Airlines reported a passenger load factor of 83.4% for June 2024.
  • Significant Passenger Traffic Growth: The airline experienced an 18% increase in passenger traffic compared to the previous period.
  • Strong Market Sentiment: Among analysts, there are 11 buy ratings and 6 hold ratings for the airline, with zero sell ratings.

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 Company Limited, a key player in the airline industry, is positioned for strong long-term growth and momentum based on the Smartkarma Smart Scores. With an impressive score of 5 in Growth and Momentum, the company is forecasted to expand its operations and maintain a positive trajectory in the market. This indicates a promising outlook for China Southern Airlines to capitalize on emerging opportunities and solidify its presence in the commercial airline sector.

While Growth and Momentum are on a high, the company’s Value score of 4 reflects a favorable valuation, indicating that it may be undervalued compared to its intrinsic worth. However, the lower scores in Dividend and Resilience at 1 and 2 respectively suggest potential areas for improvement. As China Southern Airlines continues to enhance its dividend policy and bolster its resilience mechanisms, it has the potential to further strengthen its position in the market and deliver value to its stakeholders.

Summary of China Southern Airlines: China Southern Airlines Company Limited provides commercial airline services throughout China, Southeast Asia and other parts of the world. The Company also provides other airline related services including aircraft maintenance and air catering.


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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