China Southern Airlines Stock Revenue
| CHKIF Stock | USD 0.30 0.04 11.76% |
China Southern Airlines fundamentals help investors to digest information that contributes to China Southern's financial success or failures. It also enables traders to predict the movement of China Pink Sheet. The fundamental analysis module provides a way to measure China Southern's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Southern pink sheet.
China |
China Southern Airlines Company Revenue Analysis
China Southern's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current China Southern Revenue | 101.64 B |
Most of China Southern's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Southern Airlines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Based on the latest financial disclosure, China Southern Airlines reported 101.64 B of revenue. This is much higher than that of the Industrials sector and significantly higher than that of the Airlines industry. The revenue for all United States stocks is significantly lower than that of the firm.
China Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Southern's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of China Southern could also be used in its relative valuation, which is a method of valuing China Southern by comparing valuation metrics of similar companies.China Southern is currently under evaluation in revenue category among related companies.
China Fundamentals
| Return On Equity | -0.31 | |||
| Return On Asset | -0.0366 | |||
| Profit Margin | (0.25) % | |||
| Operating Margin | (0.20) % | |||
| Current Valuation | 39.08 B | |||
| Shares Outstanding | 4.64 B | |||
| Shares Owned By Insiders | 62.86 % | |||
| Shares Owned By Institutions | 12.41 % | |||
| Price To Earning | 17.60 X | |||
| Price To Book | 1.47 X | |||
| Price To Sales | 0.20 X | |||
| Revenue | 101.64 B | |||
| Gross Profit | (2.62 B) | |||
| EBITDA | 16.51 B | |||
| Net Income | (12.1 B) | |||
| Cash And Equivalents | 23.29 B | |||
| Cash Per Share | 1.37 X | |||
| Total Debt | 38.35 B | |||
| Debt To Equity | 2.88 % | |||
| Current Ratio | 0.30 X | |||
| Book Value Per Share | 2.98 X | |||
| Cash Flow From Operations | 13.37 B | |||
| Earnings Per Share | (0.11) X | |||
| Price To Earnings To Growth | 0.69 X | |||
| Number Of Employees | 98.1 K | |||
| Beta | 1.07 | |||
| Market Capitalization | 17.33 B | |||
| Total Asset | 323.21 B | |||
| Retained Earnings | 20.59 B | |||
| Working Capital | (48.65 B) | |||
| Current Asset | 13.9 B | |||
| Current Liabilities | 62.55 B | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 323.21 B |
About China Southern Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze China Southern Airlines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Southern using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Southern Airlines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards China Southern in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, China Southern's short interest history, or implied volatility extrapolated from China Southern options trading.
Pair Trading with China Southern
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if China Southern position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in China Southern will appreciate offsetting losses from the drop in the long position's value.Moving against China Pink Sheet
| 0.58 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.56 | DAL | Delta Air Lines Sell-off Trend | PairCorr |
| 0.56 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
| 0.54 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.54 | MRK | Merck Company Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to China Southern could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace China Southern when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back China Southern - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling China Southern Airlines to buy it.
The correlation of China Southern is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as China Southern moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if China Southern Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for China Southern can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for China Pink Sheet analysis
When running China Southern's price analysis, check to measure China Southern's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Southern is operating at the current time. Most of China Southern's value examination focuses on studying past and present price action to predict the probability of China Southern's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Southern's price. Additionally, you may evaluate how the addition of China Southern to your portfolios can decrease your overall portfolio volatility.
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