Earnings Alerts

China Southern Airlines (1055) Earnings: October Passenger Load Factor Rises to 86.7% from 81.2% Y/Y

By November 15, 2024 No Comments
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  • China Southern’s passenger load factor increased to 86.7% in October, compared to 81.2% last year.
  • The airline experienced a 16.2% increase in passenger traffic year over year.
  • In terms of investment ratings, there are 6 buy ratings, 7 hold ratings, and 2 sell ratings for China Southern.
  • All comparisons are based on the company’s original disclosure of values.

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China Southern Airlines on Smartkarma

Analyst coverage on China Southern Airlines by Daniel Hellberg on Smartkarma reveals a bullish sentiment towards the company. In his report titled “Monthly Chinese Tourism Tracker: Solid Outbound & Domestic Numbers in August | Cut Trip.com to HOLD,” Hellberg highlights the gradual recovery of Chinese travel activity in August. The report indicates that outbound and domestic travel activity continued to improve, with early reports from the Mid Autumn Festival suggesting solid activity in September. Following a recent surge, Hellberg advises holding Trip.com but recommends looking into airlines such as China Southern Airlines instead.


A look at China Southern Airlines Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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 is set to soar high in the long run, as indicated by its Smartkarma Smart Scores. With a robust Value score of 4, the company’s fundamental metrics suggest a solid foundation for potential growth. Additionally, a perfect Growth score of 5 highlights the company’s potential for expansion and increasing market share. This, coupled with a respectable Momentum score of 4, indicates the company’s positive trend in the market.

However, China Southern Airlines shows some areas for improvement, such as in its Dividend score of 1 and Resilience score of 2. This suggests that the company may need to focus more on rewarding its shareholders and enhancing its ability to weather economic uncertainties. Overall, considering its strong growth prospects and market momentum, China Southern Airlines seems well-positioned for long-term success in the airline 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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