China Historical Balance Sheet

600029 Stock   6.19  0.07  1.12%   
Trend analysis of China Southern Airlines balance sheet accounts such as Other Current Liab of 15 B, Total Current Liabilities of 156.3 B or Total Stockholder Equity of 33.9 B provides information on China Southern's total assets, liabilities, and equity, which is the actual value of China Southern Airlines to its prevalent stockholders. By breaking down trends over time using China Southern balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Covid
Financial Statement Analysis is much more than just reviewing and examining China Southern Airlines latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether China Southern Airlines is a good buy for the upcoming year.

China Southern Inventory

1.5 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Southern Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About China Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of China Southern Airlines at a specified time, usually calculated after every quarter, six months, or one year. China Southern Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Southern and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which China currently owns. An asset can also be divided into two categories, current and non-current.

China Southern Balance Sheet Chart

At present, China Southern's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 15 B, whereas Total Stockholder Equity is forecasted to decline to about 33.9 B.

Total Assets

Total assets refers to the total amount of China Southern assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in China Southern Airlines books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on China Southern balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of China Southern Airlines are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from China Southern's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into China Southern Airlines current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Southern Airlines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, China Southern's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 15 B, whereas Total Stockholder Equity is forecasted to decline to about 33.9 B.
 2022 2023 2024 2025 (projected)
Other Current Liabilities27.7B7.2B8.3B15.0B
Total Assets312.2B309.2B355.6B373.4B

China Southern balance sheet Correlations

0.00.950.62-0.09-0.460.490.310.860.010.130.570.350.990.340.990.770.770.750.720.870.810.850.830.660.89
0.0-0.070.10.830.19-0.270.47-0.180.540.430.260.71-0.010.70.0-0.20.04-0.18-0.15-0.22-0.07-0.17-0.18-0.14-0.17
0.95-0.070.39-0.12-0.680.70.240.930.010.010.380.320.980.330.930.840.810.610.580.840.860.810.770.60.87
0.620.10.39-0.090.35-0.270.280.27-0.210.370.730.210.50.190.650.20.160.840.710.650.470.640.690.620.48
-0.090.83-0.12-0.090.05-0.120.3-0.170.560.30.130.86-0.090.84-0.1-0.150.11-0.27-0.18-0.26-0.19-0.22-0.22-0.21-0.16
-0.460.19-0.680.350.05-0.89-0.2-0.78-0.250.430.22-0.18-0.58-0.26-0.4-0.78-0.760.06-0.11-0.33-0.56-0.41-0.29-0.05-0.57
0.49-0.270.7-0.27-0.12-0.89-0.010.710.2-0.190.030.120.60.160.460.650.67-0.010.110.340.450.310.280.20.53
0.310.470.240.280.3-0.2-0.010.380.59-0.230.260.420.30.520.240.450.480.020.410.030.310.430.14-0.210.29
0.86-0.180.930.27-0.17-0.780.710.380.07-0.290.190.280.90.290.810.960.890.50.60.720.830.830.690.390.87
0.010.540.01-0.210.56-0.250.20.590.070.190.240.50.060.6-0.040.060.33-0.52-0.19-0.36-0.15-0.19-0.27-0.42-0.04
0.130.430.010.370.30.43-0.19-0.23-0.290.190.660.280.080.250.2-0.45-0.190.14-0.140.08-0.17-0.230.030.32-0.12
0.570.260.380.730.130.220.030.260.190.240.660.310.490.370.590.060.280.450.410.380.190.320.370.350.34
0.350.710.320.210.86-0.180.120.420.280.50.280.310.350.920.340.260.470.10.20.150.220.220.190.120.28
0.99-0.010.980.5-0.09-0.580.60.30.90.060.080.490.350.350.980.820.830.670.660.840.820.830.790.610.9
0.340.70.330.190.84-0.260.160.520.290.60.250.370.920.350.320.270.490.010.130.180.290.250.220.040.31
0.990.00.930.65-0.1-0.40.460.240.81-0.040.20.590.340.980.320.720.730.780.70.890.80.830.830.70.88
0.77-0.20.840.2-0.15-0.780.650.450.960.06-0.450.060.260.820.270.720.850.460.660.660.790.850.660.330.83
0.770.040.810.160.11-0.760.670.480.890.33-0.190.280.470.830.490.730.850.30.540.510.60.650.450.160.82
0.75-0.180.610.84-0.270.06-0.010.020.5-0.520.140.450.10.670.010.780.460.30.80.870.630.80.820.790.65
0.72-0.150.580.71-0.18-0.110.110.410.6-0.19-0.140.410.20.660.130.70.660.540.80.680.530.840.660.510.7
0.87-0.220.840.65-0.26-0.330.340.030.72-0.360.080.380.150.840.180.890.660.510.870.680.870.880.950.830.85
0.81-0.070.860.47-0.19-0.560.450.310.83-0.15-0.170.190.220.820.290.80.790.60.630.530.870.870.890.650.84
0.85-0.170.810.64-0.22-0.410.310.430.83-0.19-0.230.320.220.830.250.830.850.650.80.840.880.870.870.580.85
0.83-0.180.770.69-0.22-0.290.280.140.69-0.270.030.370.190.790.220.830.660.450.820.660.950.890.870.840.84
0.66-0.140.60.62-0.21-0.050.2-0.210.39-0.420.320.350.120.610.040.70.330.160.790.510.830.650.580.840.6
0.89-0.170.870.48-0.16-0.570.530.290.87-0.04-0.120.340.280.90.310.880.830.820.650.70.850.840.850.840.6
Click cells to compare fundamentals

China Southern Account Relationship Matchups

China Southern balance sheet Accounts

202020212022202320242025 (projected)
Total Assets326.4B323.2B312.2B309.2B355.6B373.4B
Other Current Liab17.3B15.5B27.7B7.2B8.3B15.0B
Total Current Liabilities95.7B111.0B141.5B129.4B148.9B156.3B
Total Stockholder Equity69.6B67.9B41.3B36.8B42.3B33.9B
Other Liab6.4B6.9B7.2B8.0B9.2B7.4B
Retained Earnings14.7B2.6B(30.1B)(36.9B)(33.2B)(31.5B)
Accounts Payable1.7B1.4B14.4B20.0B23.0B24.1B
Cash25.4B21.5B19.9B9.9B11.4B8.9B
Other Assets4.9B10.7B16.5B15.1B17.4B18.3B
Long Term Debt38.1B38.4B34.4B50.5B58.1B32.4B
Net Receivables2.5B2.9B2.7B3.3B3.8B3.3B
Inventory2.0B1.7B1.4B1.6B1.8B1.5B
Other Current Assets6.4B9.6B6.5B7.4B8.5B9.0B
Total Liab241.3B238.7B256.9B257.2B295.8B310.6B
Property Plant Equipment273.7B263.7B255.4B250.6B288.2B302.6B
Intangible Assets5.5B6.6B5.5B6.6B7.6B8.0B
Net Tangible Assets60.2B63.2B61.1B34.5B39.7B50.0B
Deferred Long Term Liab652M887M768M624M717.6M738.5M
Long Term Investments7.6B6.6B6.6B7.3B8.4B6.0B
Short Long Term Debt40.1B57.9B85.3B51.4B59.1B40.9B
Total Current Assets39.0B37.9B32.8B27.7B31.9B25.2B
Other Stockholder Equity406M242M159M261M300.2M290.1M
Non Current Assets Total287.4B285.3B278.8B281.5B323.7B279.6B
Non Currrent Assets Other2.9B2.2B2.3B1.2B1.4B1.6B
Non Current Liabilities Total145.6B127.7B115.4B127.8B147.0B123.7B
Capital Lease Obligations121.2B102.7B94.8B69.2B79.6B99.6B
Net Debt52.8B74.8B99.9B92.0B105.8B71.9B
Common Stock Shares Outstanding15.3B16.9B18.1B18.1B20.8B16.2B
Net Invested Capital147.8B164.1B161.1B138.7B159.5B148.5B
Net Working Capital(56.7B)(73.1B)(108.0B)(101.7B)(91.5B)(96.1B)
Property Plant And Equipment Net264.1B256.0B250.3B249.4B224.5B207.1B
Property Plant And Equipment Gross428.1B426.5B430.9B249.4B224.5B312.9B

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

Balance Sheet is a snapshot of the financial position of China Southern Airlines at a specified time, usually calculated after every quarter, six months, or one year. China Southern Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Southern and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which China currently owns. An asset can also be divided into two categories, current and non-current.