🚀 VC round data is live in beta, check it out!
China Southern Airlines Valuation Multiples
Discover revenue and EBITDA valuation multiples for China Southern Airlines and similar public comparables like China Eastern Airlines, Air China, LATAM Airlines, Singapore Airlines and more.
China Southern Airlines Overview
About China Southern Airlines
China Southern Airlines Co Ltd is based in Guangzhou principally engaged in airline operations. The Group also operates certain airline-related businesses, including the provision of aircraft maintenance and air catering services. The Group has two reportable operating segments: airline transportation operations and other segments. Airline transportation operations comprise the Group’s passenger and cargo, and mail operations. Other segments include cargo handling, hotel and tour operation, ground services, air catering services, and other miscellaneous services. Geographically, the company operates in the Domestic, International, and Hong Kong, Macau, and Taiwan markets.
Founded
1995
HQ
Employees
102.6K
Website
Sectors
Financials (LTM)
EV
$43B
China Southern Airlines Financials
China Southern Airlines reported last 12-month revenue of $27B and EBITDA of $6B.
In the same LTM period, China Southern Airlines generated $2B in gross profit, $6B in EBITDA, and $148M in net income.
Revenue (LTM)
China Southern Airlines P&L
In the most recent fiscal year, China Southern Airlines reported revenue of $27B and EBITDA of $6B.
China Southern Airlines expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $27B | XXX | $27B | XXX | XXX | XXX |
| Gross Profit | $2B | XXX | $3B | XXX | XXX | XXX |
| Gross Margin | 6% | XXX | 10% | XXX | XXX | XXX |
| EBITDA | $6B | XXX | $6B | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 23% | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 5% | XXX | XXX | XXX |
| Net Profit | $148M | XXX | $126M | XXX | XXX | XXX |
| Net Margin | 1% | XXX | 0% | XXX | XXX | XXX |
| Net Debt | — | — | $10B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
China Southern Airlines Stock Performance
China Southern Airlines has current market cap of $14B, and enterprise value of $43B.
Market Cap Evolution
China Southern Airlines' stock price is $0.76.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $43B | $14B | 0.0% | XXX | XXX | XXX | $0.01 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialChina Southern Airlines Valuation Multiples
China Southern Airlines trades at 1.6x EV/Revenue multiple, and 7.6x EV/EBITDA.
EV / Revenue (LTM)
China Southern Airlines Financial Valuation Multiples
As of April 20, 2026, China Southern Airlines has market cap of $14B and EV of $43B.
Equity research analysts estimate China Southern Airlines' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
China Southern Airlines has a P/E ratio of 92.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $14B | XXX | $14B | XXX | XXX | XXX |
| EV (current) | $43B | XXX | $43B | XXX | XXX | XXX |
| EV/Revenue | 1.6x | XXX | 1.6x | XXX | XXX | XXX |
| EV/EBITDA | 7.6x | XXX | 7.1x | XXX | XXX | XXX |
| EV/EBIT | 52.0x | XXX | 33.5x | XXX | XXX | XXX |
| EV/Gross Profit | 26.7x | XXX | 16.0x | XXX | XXX | XXX |
| P/E | 92.9x | XXX | 109.5x | XXX | XXX | XXX |
| EV/FCF | 21.7x | XXX | 14.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified China Southern Airlines Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
China Southern Airlines Margins & Growth Rates
China Southern Airlines' revenue in the last 12 month grew by 7%.
China Southern Airlines' revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.0M for the same period.
China Southern Airlines' rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
China Southern Airlines' rule of X is 35% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
China Southern Airlines Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 7% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Margin | 21% | XXX | 23% | XXX | XXX | XXX |
| EBITDA Growth | (2%) | XXX | (14%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 25% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 35% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 4% | XXX | 4% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 5% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
China Southern Airlines Public Comps
See public comps and valuation multiples for other Airlines comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| China Southern Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| China Eastern Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| Air China | XXX | XXX | XXX | XXX | XXX | XXX |
| LATAM Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| Singapore Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| Lufthansa | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
China Southern Airlines M&A Activity
China Southern Airlines acquired XXX companies to date.
Last acquisition by China Southern Airlines was on XXXXXXXX, XXXXX. China Southern Airlines acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by China Southern Airlines
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialChina Southern Airlines Investment Activity
China Southern Airlines invested in XXX companies to date.
China Southern Airlines made its latest investment on XXXXXXXX, XXXXX. China Southern Airlines invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by China Southern Airlines
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout China Southern Airlines
| When was China Southern Airlines founded? | China Southern Airlines was founded in 1995. |
| Where is China Southern Airlines headquartered? | China Southern Airlines is headquartered in China. |
| How many employees does China Southern Airlines have? | As of today, China Southern Airlines has over 102K employees. |
| Is China Southern Airlines publicly listed? | Yes, China Southern Airlines is a public company listed on Shanghai Stock Exchange. |
| What is the stock symbol of China Southern Airlines? | China Southern Airlines trades under 600029 ticker. |
| When did China Southern Airlines go public? | China Southern Airlines went public in 2003. |
| Who are competitors of China Southern Airlines? | China Southern Airlines main competitors are China Eastern Airlines, Air China, LATAM Airlines, Singapore Airlines. |
| What is the current market cap of China Southern Airlines? | China Southern Airlines' current market cap is $14B. |
| What is the current revenue of China Southern Airlines? | China Southern Airlines' last 12 months revenue is $27B. |
| What is the current revenue growth of China Southern Airlines? | China Southern Airlines revenue growth (NTM/LTM) is 7%. |
| What is the current EV/Revenue multiple of China Southern Airlines? | Current revenue multiple of China Southern Airlines is 1.6x. |
| Is China Southern Airlines profitable? | Yes, China Southern Airlines is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of China Southern Airlines? | China Southern Airlines' last 12 months EBITDA is $6B. |
| What is China Southern Airlines' EBITDA margin? | China Southern Airlines' last 12 months EBITDA margin is 21%. |
| What is the current EV/EBITDA multiple of China Southern Airlines? | Current EBITDA multiple of China Southern Airlines is 7.6x. |
| What is the current FCF of China Southern Airlines? | China Southern Airlines' last 12 months FCF is $2B. |
| What is China Southern Airlines' FCF margin? | China Southern Airlines' last 12 months FCF margin is 7%. |
| What is the current EV/FCF multiple of China Southern Airlines? | Current FCF multiple of China Southern Airlines is 21.7x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.