Earnings Alerts

China Southern Airlines (1055) Earnings Report: 1H IFRS Loss of 1.05B Yuan

  • China Southern reported a loss of 1.05 billion yuan for the first half of 2024 under IFRS standards.
  • The net loss for the company amounted to 1.23 billion yuan during this period.
  • China Southern’s revenue for the first half of 2024 was 84.79 billion yuan.
  • Analysts’ recommendations: 11 buys, 5 holds, and 0 sells.

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 Company Limited, known for its widespread commercial airline services across China, Southeast Asia, and beyond, is positioned for a promising long-term future based on the recently evaluated Smartkarma Smart Scores. With a strong emphasis on growth, the company has received an impressive score of 5 in this category, indicating a favorable outlook for expanding its operations and market presence. Additionally, the company has scored well in the value and momentum categories, with scores of 4 each, reflecting a solid foundation and positive market sentiment.

Although China Southern Airlines shows strength in growth and momentum, areas such as dividend and resilience have received lower scores. The company scored a 1 in dividend and a 2 in resilience, suggesting potential areas for improvement in terms of returning value to shareholders and withstanding economic challenges. Despite these considerations, the overall assessment showcases a promising trajectory for China Southern Airlines as it continues to solidify its position in the competitive airline industry, leveraging its extensive service network and diverse range of airline-related offerings.


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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