Earnings Alerts

China Southern Airlines (1055) Earnings Soar: August Passenger Traffic Up 20.7%

By September 13, 2024 No Comments
  • China Southern Airlines saw a 20.7% increase in passenger traffic in August 2024.
  • Passenger load factor improved to 87.2%, up from 80.9% year over year.
  • Analyst recommendations include 9 buys, 6 holds, and 0 sells.
  • These improvements are based on comparisons to past results reported by the company.

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‘ long-term outlook appears promising with a strong emphasis on growth and value. The company has received a high score of 5 for growth, indicating a positive trajectory for expanding its operations in the future. Additionally, a value score of 4 suggests that the company is perceived as undervalued relative to its market price, potentially offering investors an attractive opportunity. With momentum and resilience scores of 4 and 2 respectively, China Southern Airlines is showing steady performance and a capacity to withstand market challenges.

China Southern Airlines Company Limited, known for providing commercial airline services across various regions, also offers ancillary services such as aircraft maintenance and air catering. While the company may not be as strong in terms of dividend offerings, its focus on growth underscored by the high score in that category indicates a strategic direction towards expanding its market presence in the aviation 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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