CHINA SOUTHERN AIR-SPONS ADR (ZNH)
US1694091091 - ADR
Taking everything into account, ZNH scores 1 out of 10 in our fundamental rating. ZNH was compared to 24 industry peers in the Passenger Airlines industry. ZNH may be in some trouble as it scores bad on both profitability and health. ZNH is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
ZNH had negative earnings in the past year.
ZNH had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: ZNH reported negative net income in multiple years.
Each year in the past 5 years ZNH had a positive operating cash flow.
1.2 Ratios
The profitability ratios for ZNH are negative, so there is not much use analyzing them.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for ZNH so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
ZNH does not have a ROIC to compare to the WACC, probably because it is not profitable.
ZNH has more shares outstanding than it did 1 year ago.
ZNH has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.12, we must say that ZNH is in the distress zone and has some risk of bankruptcy.
ZNH's Altman-Z score of -0.12 is on the low side compared to the rest of the industry. ZNH is outperformed by 65.22% of its industry peers.
A Debt/Equity ratio of 2.23 is on the high side and indicates that ZNH has dependencies on debt financing.
The Debt to Equity ratio of ZNH (2.23) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.23 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.12 |
ROIC/WACCN/A
WACC7.75%
2.3 Liquidity
A Current Ratio of 0.25 indicates that ZNH may have some problems paying its short term obligations.
With a Current ratio value of 0.25, ZNH is not doing good in the industry: 86.96% of the companies in the same industry are doing better.
ZNH has a Quick Ratio of 0.25. This is a bad value and indicates that ZNH is not financially healthy enough and could expect problems in meeting its short term obligations.
ZNH's Quick ratio of 0.23 is on the low side compared to the rest of the industry. ZNH is outperformed by 86.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.23 |
3. Growth
3.1 Past
ZNH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.64%, which is quite impressive.
ZNH shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.73%.
Measured over the past years, ZNH shows a decrease in Revenue. The Revenue has been decreasing by -2.41% on average per year.
EPS 1Y (TTM)37.64%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-326.14%
Revenue 1Y (TTM)-11.73%
Revenue growth 3Y-10.88%
Revenue growth 5Y-2.41%
Revenue growth Q2Q9.01%
3.2 Future
Based on estimates for the next years, ZNH will show a very strong growth in Earnings Per Share. The EPS will grow by 37.19% on average per year.
ZNH is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.70% yearly.
EPS Next Y-67.27%
EPS Next 2Y45.13%
EPS Next 3Y37.19%
EPS Next 5YN/A
Revenue Next Year-10.62%
Revenue Next 2Y18.55%
Revenue Next 3Y19.7%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
ZNH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 59.92, the valuation of ZNH can be described as expensive.
ZNH's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. ZNH is more expensive than 65.22% of the companies in the same industry.
ZNH is valuated expensively when we compare the Price/Forward Earnings ratio to 20.48, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 59.92 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
ZNH's earnings are expected to grow with 37.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y45.13%
EPS Next 3Y37.19%
5. Dividend
5.1 Amount
ZNH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CHINA SOUTHERN AIR-SPONS ADR
NYSE:ZNH (2/2/2023, 7:04:00 PM)
33.08
+0.02 (+0.06%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap11.99B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 59.92 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.23 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.25 | ||
| Quick Ratio | 0.23 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)37.64%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-67.27%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-11.73%
Revenue growth 3Y-10.88%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y