View ValuationSpring Airlines 将来の成長Future 基準チェック /16Spring Airlines利益と収益がそれぞれ年間13.4%と11%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に14.8% 12.5%なると予測されています。主要情報13.4%収益成長率12.51%EPS成長率Airlines 収益成長52.2%収益成長率11.0%将来の株主資本利益率14.81%アナリストカバレッジGood最終更新日19 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Pei Peimin was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 12Spring Airlines Co., Ltd. (SHSE:601021) announces an Equity Buyback for CNY 500 million worth of its shares.Spring Airlines Co., Ltd. (SHSE:601021) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 65 per share. The purpose of program is to maintain the Company’s value and shareholder rights, which will be sold 12 months after the completion of the repurchase. Shares not sold will be cancelled. The program will be funded out of the company's own funds and Self-Financing. The program will be valid for 12 months.お知らせ • Mar 30Spring Airlines Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Spring Airlines Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Dec 26Spring Airlines Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2026Spring Airlines Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2026お知らせ • Sep 30Spring Airlines Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Spring Airlines Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025お知らせ • Jun 30Spring Airlines Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Spring Airlines Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025お知らせ • May 20Spring Airlines Co., Ltd., Annual General Meeting, Jun 10, 2025Spring Airlines Co., Ltd., Annual General Meeting, Jun 10, 2025, at 14:00 China Standard Time. Location: Office Building, No. 2599, Hongqiao Road, Changning District, Shanghai Chinaお知らせ • Mar 28Spring Airlines Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Spring Airlines Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Dec 27Spring Airlines Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Spring Airlines Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025お知らせ • Nov 06Spring Airlines Co., Ltd. (SHSE:601021) announces an Equity Buyback for 5,000,000 shares, representing 0.51% of its issued share capital.Spring Airlines Co., Ltd. (SHSE:601021) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 A shares, representing 0.51% of its issued share capital. The shares will be repurchased at a price of not more than CNY 60 per share. The shares purchased will be used for the company's employee stock ownership plans or equity incentives or to convert company convertible bonds, for Reduction of registered capital and to protect the company's value and shareholders' rights. The program will be funded out of the company's own funds. The program will be valid for 12 months.Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥1.28 (vs CN¥1.87 in 3Q 2023)Third quarter 2024 results: EPS: CN¥1.28 (down from CN¥1.87 in 3Q 2023). Revenue: CN¥6.10b (flat on 3Q 2023). Net income: CN¥1.24b (down 32% from 3Q 2023). Profit margin: 20% (down from 30% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥52.59, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Airlines industry in Asia. Total loss to shareholders of 8.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥76.89 per share.お知らせ • Sep 30Spring Airlines Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Spring Airlines Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥58.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Airlines industry in Asia. Total returns to shareholders of 9.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥71.69 per share.Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.56 (vs CN¥0.50 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.56 (up from CN¥0.50 in 2Q 2023). Revenue: CN¥4.71b (up 13% from 2Q 2023). Net income: CN¥550.7m (up 14% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Jun 28Spring Airlines Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Spring Airlines Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024お知らせ • Jun 06Spring Airlines Co., Ltd., Annual General Meeting, Jun 25, 2024Spring Airlines Co., Ltd., Annual General Meeting, Jun 25, 2024, at 14:00 China Standard Time. Location: 2F, Building 2, No. 528, Konggang 1st Road, Changning District, Shanghai ChinaReported Earnings • Apr 30Full year 2023 earnings released: EPS: CN¥2.31 (vs CN¥3.30 loss in FY 2022)Full year 2023 results: EPS: CN¥2.31 (up from CN¥3.30 loss in FY 2022). Revenue: CN¥17.9b (up 114% from FY 2022). Net income: CN¥2.26b (up CN¥5.29b from FY 2022). Profit margin: 13% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Mar 29Spring Airlines Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Spring Airlines Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024お知らせ • Dec 30Spring Airlines Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Spring Airlines Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥1.87 (vs CN¥0.54 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥1.87 (up from CN¥0.54 loss in 3Q 2022). Revenue: CN¥6.07b (up 106% from 3Q 2022). Net income: CN¥1.84b (up CN¥2.33b from 3Q 2022). Profit margin: 30% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Sep 30Spring Airlines Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Spring Airlines Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023お知らせ • Sep 01Spring Airlines Co., Ltd. (SHSE:601021) announces an Equity Buyback for CNY 100 million worth of its shares.Spring Airlines Co., Ltd. (SHSE:601021) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of class shares. The shares will be repurchased at a price of not more than CNY 58 per share. The shares purchased will be used for the company's employee stock ownership plans. The program will be funded out of the company's own funds. The program will be valid for 12 months.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.88 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.50 (up from CN¥0.88 loss in 2Q 2022). Revenue: CN¥4.17b (up 222% from 2Q 2022). Net income: CN¥482.8m (up CN¥1.29b from 2Q 2022). Profit margin: 12% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.お知らせ • Jun 28Spring Airlines Co., Ltd. to Report First Half, 2023 Results on Aug 31, 2023Spring Airlines Co., Ltd. announced that they will report first half, 2023 results on Aug 31, 2023Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.48 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.36 (up from CN¥0.48 loss in 1Q 2022). Revenue: CN¥3.86b (up 64% from 1Q 2022). Net income: CN¥355.6m (up CN¥792.6m from 1Q 2022). Profit margin: 9.2% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Ming Jin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Oct 30Third quarter 2022 earnings released: CN¥0.54 loss per share (vs CN¥0.20 profit in 3Q 2021)Third quarter 2022 results: CN¥0.54 loss per share (down from CN¥0.20 profit in 3Q 2021). Revenue: CN¥2.95b (down 7.3% from 3Q 2021). Net loss: CN¥491.8m (down 431% from profit in 3Q 2021). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance.Reported Earnings • Sep 03Second quarter 2022 earnings released: CN¥0.88 loss per share (vs CN¥0.25 profit in 2Q 2021)Second quarter 2022 results: CN¥0.88 loss per share (down from CN¥0.25 profit in 2Q 2021). Revenue: CN¥1.29b (down 60% from 2Q 2021). Net loss: CN¥808.5m (down 374% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 59%, compared to a 69% growth forecast for the Airlines industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.Buying Opportunity • Jun 22Now 20% undervaluedOver the last 90 days, the stock is up 6.2%. The fair value is estimated to be CN¥62.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 02First quarter 2022 earnings released: CN¥0.48 loss per share (vs CN¥0.31 loss in 1Q 2021)First quarter 2022 results: CN¥0.48 loss per share (down from CN¥0.31 loss in 1Q 2021). Revenue: CN¥2.36b (up 6.2% from 1Q 2021). Net loss: CN¥437.0m (loss widened 54% from 1Q 2021). Over the next year, revenue is forecast to grow 39%, compared to a 57% growth forecast for the industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Ming Jin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.20 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.23b (up 95% from 2Q 2020). Net income: CN¥295.2m (up CN¥476.5m from 2Q 2020). Profit margin: 9.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.Reported Earnings • May 02First quarter 2021 earnings released: CN¥0.31 loss per share (vs CN¥0.25 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CN¥2.22b (down 6.8% from 1Q 2020). Net loss: CN¥284.8m (loss widened 25% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 26New 90-day high: CN¥65.15The company is up 25% from its price of CN¥52.06 on 27 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.53 per share.Is New 90 Day High Low • Jan 26New 90-day high: CN¥58.49The company is up 34% from its price of CN¥43.56 on 29 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.61 per share.Is New 90 Day High Low • Dec 16New 90-day high: CN¥54.00The company is up 10.0% from its price of CN¥48.92 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.60 per share.Is New 90 Day High Low • Nov 18New 90-day high: CN¥50.50The company is up 15% from its price of CN¥43.74 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.88 per share.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥27.0m, with earnings decreasing by CN¥1.84b from the prior year. Total revenue was CN¥10.1b over the last 12 months, down 31% from the prior year.Analyst Estimate Surprise Post Earnings • Nov 01Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 6.9% at CN¥2.78b. Revenue is forecast to grow 44% over the next year, compared to a 3.7% decline forecast for the Airlines industry in China.業績と収益の成長予測XSSC:601021 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202830,7003,733N/A7,543712/31/202726,9883,0982,5676,5401412/31/202625,1502,3901,3146,082123/31/202622,2122,6237097,810N/A12/31/202521,4602,3172926,623N/A9/30/202520,7962,004-2775,923N/A6/30/202520,4292,081-3605,473N/A3/31/202520,1492,140-1,0395,323N/A12/31/202420,0002,273-1,3195,895N/A9/30/202419,8122,184-2806,110N/A6/30/202419,7832,7806276,497N/A3/31/202419,2432,7121,2196,327N/A12/31/202317,9382,2573,4896,694N/A9/30/202315,8671,3792,5806,442N/A6/30/202312,746-9521394,036N/A3/31/20239,871-2,243-1,1312,214N/A12/31/20228,369-3,036-4,134439N/A9/30/20228,825-1,857-5,322-76N/A6/30/20229,058-1,217-5,037652N/A3/31/202210,995-113-5,1751,695N/A12/31/202110,85839-4,5171,684N/A9/30/202111,184-280-3,6612,473N/A6/30/202110,782-169-2,4932,535N/A3/31/20219,212-646-2,7451,324N/A12/31/20209,373-588-3,538826N/A9/30/202010,066-27-3,950445N/A6/30/202011,700578-4,264967N/A3/31/202013,5481,139-3,6941,930N/A12/31/201914,8041,841N/A3,436N/A9/30/201914,4991,809N/A3,551N/A6/30/201913,9311,630N/A3,058N/A3/31/201913,5231,592N/A2,963N/A12/31/201813,1141,503N/A2,896N/A9/30/201812,7271,486N/A3,072N/A6/30/201812,2371,434N/A3,016N/A3/31/201811,6301,344N/A2,863N/A12/31/201710,9711,262N/A2,302N/A9/30/201710,294969N/A2,093N/A6/30/20179,541764N/A2,320N/A3/31/20178,912887N/A1,951N/A12/31/20168,429951N/A2,040N/A9/30/20168,3271,295N/A1,852N/A6/30/20168,0941,448N/A1,417N/A3/31/20168,1641,440N/A1,540N/A12/31/20158,0941,328N/A1,610N/A9/30/20158,0771,429N/A1,895N/A6/30/20157,8441,233N/A1,793N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 601021の予測収益成長率 (年間13.4% ) は 貯蓄率 ( 2.4% ) を上回っています。収益対市場: 601021の収益 ( 13.4% ) CN市場 ( 27.2% ) よりも低い成長が予測されています。高成長収益: 601021の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 601021の収益 ( 11% ) CN市場 ( 16.2% ) よりも低い成長が予測されています。高い収益成長: 601021の収益 ( 11% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 601021の 自己資本利益率 は、3年後には低くなると予測されています ( 14.8 %)。成長企業の発掘7D1Y7D1Y7D1YTransportation 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 09:41終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Spring Airlines Co., Ltd. 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23 アナリスト機関Wei FangBNP ParibasShichen HanBofA Global ResearchXuejian ZhengChina International Capital Corporation Limited20 その他のアナリストを表示
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Pei Peimin was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 12Spring Airlines Co., Ltd. (SHSE:601021) announces an Equity Buyback for CNY 500 million worth of its shares.Spring Airlines Co., Ltd. (SHSE:601021) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 65 per share. The purpose of program is to maintain the Company’s value and shareholder rights, which will be sold 12 months after the completion of the repurchase. Shares not sold will be cancelled. The program will be funded out of the company's own funds and Self-Financing. The program will be valid for 12 months.
お知らせ • Mar 30Spring Airlines Co., Ltd. to Report Q1, 2026 Results on Apr 30, 2026Spring Airlines Co., Ltd. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Dec 26Spring Airlines Co., Ltd. to Report Fiscal Year 2025 Results on Apr 11, 2026Spring Airlines Co., Ltd. announced that they will report fiscal year 2025 results on Apr 11, 2026
お知らせ • Sep 30Spring Airlines Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Spring Airlines Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
お知らせ • Jun 30Spring Airlines Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Spring Airlines Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
お知らせ • May 20Spring Airlines Co., Ltd., Annual General Meeting, Jun 10, 2025Spring Airlines Co., Ltd., Annual General Meeting, Jun 10, 2025, at 14:00 China Standard Time. Location: Office Building, No. 2599, Hongqiao Road, Changning District, Shanghai China
お知らせ • Mar 28Spring Airlines Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Spring Airlines Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Dec 27Spring Airlines Co., Ltd. to Report Fiscal Year 2024 Results on Apr 30, 2025Spring Airlines Co., Ltd. announced that they will report fiscal year 2024 results on Apr 30, 2025
お知らせ • Nov 06Spring Airlines Co., Ltd. (SHSE:601021) announces an Equity Buyback for 5,000,000 shares, representing 0.51% of its issued share capital.Spring Airlines Co., Ltd. (SHSE:601021) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 A shares, representing 0.51% of its issued share capital. The shares will be repurchased at a price of not more than CNY 60 per share. The shares purchased will be used for the company's employee stock ownership plans or equity incentives or to convert company convertible bonds, for Reduction of registered capital and to protect the company's value and shareholders' rights. The program will be funded out of the company's own funds. The program will be valid for 12 months.
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥1.28 (vs CN¥1.87 in 3Q 2023)Third quarter 2024 results: EPS: CN¥1.28 (down from CN¥1.87 in 3Q 2023). Revenue: CN¥6.10b (flat on 3Q 2023). Net income: CN¥1.24b (down 32% from 3Q 2023). Profit margin: 20% (down from 30% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to CN¥52.59, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 10x in the Airlines industry in Asia. Total loss to shareholders of 8.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥76.89 per share.
お知らせ • Sep 30Spring Airlines Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Spring Airlines Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to CN¥58.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Airlines industry in Asia. Total returns to shareholders of 9.1% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥71.69 per share.
Reported Earnings • Aug 31Second quarter 2024 earnings released: EPS: CN¥0.56 (vs CN¥0.50 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.56 (up from CN¥0.50 in 2Q 2023). Revenue: CN¥4.71b (up 13% from 2Q 2023). Net income: CN¥550.7m (up 14% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Jun 28Spring Airlines Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024Spring Airlines Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024
お知らせ • Jun 06Spring Airlines Co., Ltd., Annual General Meeting, Jun 25, 2024Spring Airlines Co., Ltd., Annual General Meeting, Jun 25, 2024, at 14:00 China Standard Time. Location: 2F, Building 2, No. 528, Konggang 1st Road, Changning District, Shanghai China
Reported Earnings • Apr 30Full year 2023 earnings released: EPS: CN¥2.31 (vs CN¥3.30 loss in FY 2022)Full year 2023 results: EPS: CN¥2.31 (up from CN¥3.30 loss in FY 2022). Revenue: CN¥17.9b (up 114% from FY 2022). Net income: CN¥2.26b (up CN¥5.29b from FY 2022). Profit margin: 13% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Mar 29Spring Airlines Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Spring Airlines Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
お知らせ • Dec 30Spring Airlines Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Spring Airlines Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥1.87 (vs CN¥0.54 loss in 3Q 2022)Third quarter 2023 results: EPS: CN¥1.87 (up from CN¥0.54 loss in 3Q 2022). Revenue: CN¥6.07b (up 106% from 3Q 2022). Net income: CN¥1.84b (up CN¥2.33b from 3Q 2022). Profit margin: 30% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Spring Airlines Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Spring Airlines Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
お知らせ • Sep 01Spring Airlines Co., Ltd. (SHSE:601021) announces an Equity Buyback for CNY 100 million worth of its shares.Spring Airlines Co., Ltd. (SHSE:601021) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of class shares. The shares will be repurchased at a price of not more than CNY 58 per share. The shares purchased will be used for the company's employee stock ownership plans. The program will be funded out of the company's own funds. The program will be valid for 12 months.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.50 (vs CN¥0.88 loss in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.50 (up from CN¥0.88 loss in 2Q 2022). Revenue: CN¥4.17b (up 222% from 2Q 2022). Net income: CN¥482.8m (up CN¥1.29b from 2Q 2022). Profit margin: 12% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 28Spring Airlines Co., Ltd. to Report First Half, 2023 Results on Aug 31, 2023Spring Airlines Co., Ltd. announced that they will report first half, 2023 results on Aug 31, 2023
Reported Earnings • Apr 29First quarter 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.48 loss in 1Q 2022)First quarter 2023 results: EPS: CN¥0.36 (up from CN¥0.48 loss in 1Q 2022). Revenue: CN¥3.86b (up 64% from 1Q 2022). Net income: CN¥355.6m (up CN¥792.6m from 1Q 2022). Profit margin: 9.2% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 130 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Ming Jin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Oct 30Third quarter 2022 earnings released: CN¥0.54 loss per share (vs CN¥0.20 profit in 3Q 2021)Third quarter 2022 results: CN¥0.54 loss per share (down from CN¥0.20 profit in 3Q 2021). Revenue: CN¥2.95b (down 7.3% from 3Q 2021). Net loss: CN¥491.8m (down 431% from profit in 3Q 2021). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Airlines industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 127 percentage points per year, which is a significant difference in performance.
Reported Earnings • Sep 03Second quarter 2022 earnings released: CN¥0.88 loss per share (vs CN¥0.25 profit in 2Q 2021)Second quarter 2022 results: CN¥0.88 loss per share (down from CN¥0.25 profit in 2Q 2021). Revenue: CN¥1.29b (down 60% from 2Q 2021). Net loss: CN¥808.5m (down 374% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 59%, compared to a 69% growth forecast for the Airlines industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Jun 22Now 20% undervaluedOver the last 90 days, the stock is up 6.2%. The fair value is estimated to be CN¥62.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 02First quarter 2022 earnings released: CN¥0.48 loss per share (vs CN¥0.31 loss in 1Q 2021)First quarter 2022 results: CN¥0.48 loss per share (down from CN¥0.31 loss in 1Q 2021). Revenue: CN¥2.36b (up 6.2% from 1Q 2021). Net loss: CN¥437.0m (loss widened 54% from 1Q 2021). Over the next year, revenue is forecast to grow 39%, compared to a 57% growth forecast for the industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Ming Jin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.20 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥3.23b (up 95% from 2Q 2020). Net income: CN¥295.2m (up CN¥476.5m from 2Q 2020). Profit margin: 9.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 02First quarter 2021 earnings released: CN¥0.31 loss per share (vs CN¥0.25 loss in 1Q 2020)The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: CN¥2.22b (down 6.8% from 1Q 2020). Net loss: CN¥284.8m (loss widened 25% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 26New 90-day high: CN¥65.15The company is up 25% from its price of CN¥52.06 on 27 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.53 per share.
Is New 90 Day High Low • Jan 26New 90-day high: CN¥58.49The company is up 34% from its price of CN¥43.56 on 29 October 2020. The Chinese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥2.61 per share.
Is New 90 Day High Low • Dec 16New 90-day high: CN¥54.00The company is up 10.0% from its price of CN¥48.92 on 18 September 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.60 per share.
Is New 90 Day High Low • Nov 18New 90-day high: CN¥50.50The company is up 15% from its price of CN¥43.74 on 20 August 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Airlines industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥1.88 per share.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total losses of CN¥27.0m, with earnings decreasing by CN¥1.84b from the prior year. Total revenue was CN¥10.1b over the last 12 months, down 31% from the prior year.
Analyst Estimate Surprise Post Earnings • Nov 01Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 6.9% at CN¥2.78b. Revenue is forecast to grow 44% over the next year, compared to a 3.7% decline forecast for the Airlines industry in China.