融资方面，中国东航当日融资买入1292.26万元。当前融资余额3.20亿元，占流通市值的0.36%，融资余 额低于近一年10%分位水平，处于低位。 融券方面，中国东航12月15日融券偿还6.00万股，融券卖出10.39万股，按当日收盘价计算，卖出金额 54.44万元；融券余量77.46万股，融券余额405.89万元，超过近一年80%分位水平，处于高位。 来源：新浪证券-红岸工作室 12月15日，中国东航涨2.14%，成交额5.09亿元。两融数据显示，当日中国东航获融资买入额1292.26万 元，融资偿还2769.90万元，融资净买入-1477.64万元。截至12月15日，中国东航融资融券余额合计3.24 亿元。 分红方面，中国东航A股上市后累计派现32.96亿元。近三年，累计派现0.00元。 机构持仓方面，截止2025年9月30日，中国东航十大流通股东中，中国证券金融股份有限公司位居第八 大流通股东，持股4.30亿股，持股数量较上期不变。香港中央结算有限公司位居第十大流通股东，持股 2.95亿股，相比上期减少545.24万股。 资料显示，中国东方航空股份有限公司位于上海市闵行区虹翔三路36号,香港金钟道95号 ...

来源：新浪证券-红岸工作室 12月12日，中国东航涨1.99%，成交额4.49亿元。两融数据显示，当日中国东航获融资买入额1703.85万 元，融资偿还1641.09万元，融资净买入62.76万元。截至12月12日，中国东航融资融券余额合计3.39亿 元。 融资方面，中国东航当日融资买入1703.85万元。当前融资余额3.35亿元，占流通市值的0.38%，融资余 额低于近一年10%分位水平，处于低位。 融券方面，中国东航12月12日融券偿还12.61万股，融券卖出12.95万股，按当日收盘价计算，卖出金额 66.43万元；融券余量73.07万股，融券余额374.85万元，超过近一年80%分位水平，处于高位。 资料显示，中国东方航空股份有限公司位于上海市闵行区虹翔三路36号,香港金钟道95号统一中心19楼D 室，成立日期1995年4月14日，上市日期1997年11月5日，公司主营业务涉及航空客、货、邮、行李运输 业务及延伸服务;通用航空业务;航空器维修;航空设备制造与维修;国内外航空公司的代理业务。主营业 务收入构成为：客运服务收入92.50%，货运服务收入3.86%，退票费手续费收入1.74%，其他1.28% ...

来源：新浪证券-红岸工作室 机构持仓方面，截止2025年9月30日，中国东航十大流通股东中，中国证券金融股份有限公司位居第八 大流通股东，持股4.30亿股，持股数量较上期不变。香港中央结算有限公司位居第十大流通股东，持股 2.95亿股，相比上期减少545.24万股。 12月11日，中国东航跌0.98%，成交额2.70亿元。两融数据显示，当日中国东航获融资买入额1437.35万 元，融资偿还1009.40万元，融资净买入427.96万元。截至12月11日，中国东航融资融券余额合计3.38亿 元。 融资方面，中国东航当日融资买入1437.35万元。当前融资余额3.34亿元，占流通市值的0.39%，融资余 额低于近一年10%分位水平，处于低位。 截至9月30日，中国东航股东户数14.99万，较上期减少3.37%；人均流通股0股，较上期增加0.00%。 2025年1月-9月，中国东航实现营业收入1064.14亿元，同比增长3.73%；归母净利润21.03亿元，同比增 长1623.91%。 分红方面，中国东航A股上市后累计派现32.96亿元。近三年，累计派现0.00元。 融券方面，中国东航12月11日融券偿还6.97万 ...

Core Viewpoint - China Southern Airlines' stock has experienced fluctuations, with a recent decline of 2.01% and a year-to-date increase of 4.93% [1][2]. Financial Performance - For the period from January to September 2025, China Southern Airlines reported a revenue of 137.67 billion yuan, representing a year-on-year growth of 2.23%. The net profit attributable to shareholders was 2.31 billion yuan, showing a year-on-year increase of 17.40% [2]. Stock Market Activity - As of November 25, the stock price was 6.81 yuan per share, with a market capitalization of 123.40 billion yuan. The trading volume was 51.94 million yuan, with a turnover rate of 0.06% [1]. - The net outflow of main funds was 3.83 million yuan, with large orders showing a buy of 7.81 million yuan and a sell of 11.55 million yuan [1]. Shareholder Information - As of September 30, 2025, the number of shareholders was 133,300, a decrease of 4.76% from the previous period. The average circulating shares per person remained at 0 [2][3]. - The top circulating shareholder, Hong Kong Central Clearing Limited, held 586 million shares, an increase of 4.32 million shares from the previous period [3].

Core Viewpoint - China Southern Airlines' stock price has experienced fluctuations, with a year-to-date increase of 6.78% but a recent decline of 4.68% over the past five trading days [2] Financial Performance - For the period from January to September 2025, China Southern Airlines reported a revenue of 137.67 billion yuan, representing a year-on-year growth of 2.23%, and a net profit attributable to shareholders of 2.31 billion yuan, which is a 17.40% increase compared to the previous year [2] - The company has cumulatively distributed 6.63 billion yuan in dividends since its A-share listing, with no dividends paid in the last three years [3] Stock Market Activity - As of November 24, the stock price of China Southern Airlines was 6.93 yuan per share, with a market capitalization of 125.58 billion yuan [1] - The stock experienced a net outflow of 27.99 million yuan in principal funds, with significant selling pressure observed [1] Shareholder Structure - As of September 30, 2025, the number of shareholders for China Southern Airlines was 133,300, a decrease of 4.76% from the previous period [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited and China Securities Finance Corporation, with notable changes in their holdings [3]

Group 1 - The core point of the news is that China Southern Airlines experienced a stock price increase of 5.16%, reaching 7.34 CNY per share, with a total market capitalization of 1330.08 billion CNY [1] - The company was established on March 25, 1995, and listed on July 25, 2003, with its main business involving domestic and approved international air passenger, cargo, mail, and baggage transportation, as well as general aviation services [1] - The revenue composition of the company is as follows: 86.42% from passenger and related services, 10.52% from cargo and mail services, and 3.06% from other supplementary services [1] Group 2 - From the perspective of fund holdings, one fund under Western Li De has a significant position in China Southern Airlines, with the Western Li De New Power Mixed A fund reducing its holdings by 41.57 thousand shares, now holding 88.59 thousand shares, which represents 6.66% of the fund's net value [2] - The fund has a total scale of 17.99 million CNY and has experienced a loss of 0.23% this year, ranking 8056 out of 8219 in its category, and a loss of 15.87% over the past year, ranking 8094 out of 8125 [2]

Core Viewpoint - China Southern Airlines has shown a positive stock performance with a year-to-date increase of 9.71% and significant gains over various time frames, indicating strong market interest and potential growth in the aviation sector [1][2]. Financial Performance - For the period from January to September 2025, China Southern Airlines reported a revenue of 137.67 billion yuan, representing a year-on-year growth of 2.23%. The net profit attributable to shareholders was 2.31 billion yuan, reflecting a 17.40% increase compared to the previous year [2]. - The company has cumulatively distributed 6.63 billion yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Stock Market Activity - As of November 10, the stock price of China Southern Airlines was 7.12 yuan per share, with a market capitalization of 129.02 billion yuan. The stock experienced a 2.01% increase during the trading session [1]. - The stock has seen a trading volume of 60.48 million yuan with a turnover rate of 0.07% [1]. - The net inflow of main funds was 705,100 yuan, with significant buying and selling activity from large orders [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders decreased to 133,300, a reduction of 4.76% from the previous period [2]. - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 586 million shares, an increase of 4.32 million shares from the previous period [3].

Core Viewpoint - China Southern Airlines' stock price has shown a modest increase this year, with a notable rise in recent trading days, reflecting a positive trend in the airline's performance and market sentiment [1][2]. Financial Performance - For the period from January to September 2025, China Southern Airlines reported a revenue of 137.67 billion yuan, representing a year-on-year growth of 2.23% [2]. - The net profit attributable to shareholders for the same period was 2.31 billion yuan, marking a year-on-year increase of 17.40% [2]. Stock Market Activity - As of November 4, the stock price of China Southern Airlines was 6.81 yuan per share, with a market capitalization of 123.40 billion yuan [1]. - The stock has increased by 4.93% year-to-date, with a 1.64% rise over the last five trading days, 14.45% over the last 20 days, and 19.68% over the last 60 days [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for China Southern Airlines was 133,300, a decrease of 4.76% from the previous period [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 586 million shares, an increase of 4.32 million shares from the previous period [3].

Core Viewpoint - China Southern Airlines is the largest airline in China by passenger volume and fleet size, with significant revenue and profit performance in the industry [1][2]. Group 1: Business Performance - In Q3 2025, China Southern Airlines achieved an operating revenue of 1376.65 billion CNY, ranking first among eight companies in the industry, surpassing China National Aviation's 1298.26 billion CNY and the industry average of 586.2 billion CNY [2]. - The net profit for the same period was 39.96 billion CNY, also the highest in the industry, exceeding HNA Holding's 29.76 billion CNY and the industry average of 18.6 billion CNY [2]. - For the first three quarters of 2025, the company reported a revenue increase of 2.2% year-on-year and a net profit increase of 17.4% year-on-year [6][7]. Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio was 83.39%, higher than the industry average of 75.72%, indicating a relatively high debt pressure [3]. - The gross profit margin was 11.70%, which, while improved from 10.34% year-on-year, remains below the industry average of 12.66% [3]. Group 3: Management and Shareholder Structure - The chairman, Ma Xulun, has extensive experience in the aviation industry and holds multiple significant positions, indicating strong leadership [4]. - As of September 30, 2025, the number of A-share shareholders decreased by 10.46%, while the average number of shares held per shareholder increased by 11.68% [5]. Group 4: Operational Highlights - The company reported an increase in capacity (ASK) of 5.5% and a rise in passenger revenue kilometers (RPK) of 7.6% for the first three quarters of 2025, with a seat occupancy rate of 85.6% [6]. - The fleet size expanded to 956 aircraft, reflecting a year-on-year growth of 4.7% [6].

Core Insights - Southern Airlines' stock price increased by 2.09% on October 29, reaching 6.84 CNY per share, with a total market capitalization of 123.947 billion CNY [1] - The company reported a year-to-date stock price increase of 5.39%, with significant gains over various trading periods: 3.17% in the last 5 days, 14.38% in the last 20 days, and 18.13% in the last 60 days [1] - For the first nine months of 2025, Southern Airlines achieved a revenue of 137.665 billion CNY, representing a year-on-year growth of 2.23%, and a net profit of 2.307 billion CNY, up 17.40% year-on-year [2] Financial Performance - The company has cumulatively distributed 6.629 billion CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] - As of September 30, 2025, the number of shareholders decreased by 4.76% to 133,300, with an average of 0 circulating shares per shareholder [2] Shareholder Structure - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 586 million shares, an increase of 4.3248 million shares from the previous period [3] - China Securities Finance Corporation remains unchanged with 320 million shares, while Huatai-PB CSI 300 ETF reduced its holdings by 4.3439 million shares [3]