China Southern Airlines (600029.SS) - Net assets

Net assets on the balance sheet as of March 2024 : S$9.60 B

According to China Southern Airlines 's latest financial reports the company has S$9.60 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

China Southern Airlines - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$10.76 B	-39.84%
2021-12-31	$S$17.88 B	3.65%
2020-12-31	$S$17.25 B	15.93%
2019-12-31	$S$14.88 B	-4.23%
2018-12-31	$S$15.54 B	20.88%
2017-12-31	$S$12.85 B	12.21%
2016-12-31	$S$11.45 B	5.71%
2015-12-31	$S$10.84 B	14.18%
2014-12-31	$S$9.49 B	6.81%
2013-12-31	$S$8.88 B	13.98%
2012-12-31	$S$7.79 B	0.19%
2011-12-31	$S$7.78 B	31.75%
2010-12-31	$S$5.90 B	116.54%
2009-12-31	$S$2.72 B	36.38%
2008-12-31	$S$2.00 B	-29.47%
2007-12-31	$S$2.83 B	19.14%
2006-12-31	$S$2.38 B	-3.83%
2005-12-31	$S$2.47 B	-0.16%
2004-12-31	$S$2.47 B	-11.23%
2003-12-31	$S$2.79 B	19.73%
2002-12-31	$S$2.33 B	-1.58%
2001-12-31	$S$2.37 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
China Eastern Airlines 600115.SS	S$7.24 B	-24.55%	🇨🇳 China
Delta Air Lines DAL	S$16.13 B	67.94%	🇺🇸 USA
United Airlines Holdings UAL	S$13.71 B	42.72%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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