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Spring Airlines SHSE:601021 Stock Report

Last Price

CN¥58.75

Market Cap

CN¥57.4b

7D

2.2%

1Y

-2.1%

Updated

24 Apr, 2024

Data

Company Financials +

Spring Airlines Co., Ltd.

SHSE:601021 Stock Report

Market Cap: CN¥57.4b

601021 Stock Overview

Spring Airlines Co., Ltd. engages in the air passenger and cargo transportation business in China.

601021 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance2/6
Financial Health3/6
Dividends0/6

Spring Airlines Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Spring Airlines
Historical stock prices
Current Share PriceCN¥58.75
52 Week HighCN¥64.30
52 Week LowCN¥46.92
Beta0.60
1 Month Change6.82%
3 Month Change10.77%
1 Year Change-2.05%
3 Year Change-5.23%
5 Year Change39.85%
Change since IPO349.33%

Recent News & Updates

Investors Still Waiting For A Pull Back In Spring Airlines Co., Ltd. (SHSE:601021)

Apr 08
Investors Still Waiting For A Pull Back In Spring Airlines Co., Ltd. (SHSE:601021)

Capital Allocation Trends At Spring Airlines (SHSE:601021) Aren't Ideal

Mar 18
Capital Allocation Trends At Spring Airlines (SHSE:601021) Aren't Ideal

Recent updates

Investors Still Waiting For A Pull Back In Spring Airlines Co., Ltd. (SHSE:601021)

Apr 08
Investors Still Waiting For A Pull Back In Spring Airlines Co., Ltd. (SHSE:601021)

Capital Allocation Trends At Spring Airlines (SHSE:601021) Aren't Ideal

Mar 18
Capital Allocation Trends At Spring Airlines (SHSE:601021) Aren't Ideal

Shareholder Returns

601021CN AirlinesCN Market
7D2.2%2.7%1.6%
1Y-2.1%-11.3%-15.1%

Return vs Industry: 601021 exceeded the CN Airlines industry which returned -11.3% over the past year.

Return vs Market: 601021 exceeded the CN Market which returned -15.1% over the past year.

Price Volatility

Is 601021's price volatile compared to industry and market?
601021 volatility
601021 Average Weekly Movement3.3%
Airlines Industry Average Movement4.0%
Market Average Movement8.8%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 601021 has not had significant price volatility in the past 3 months.

Volatility Over Time: 601021's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20049,256Wang Jiewww.ch.com

Spring Airlines Co., Ltd. engages in the air passenger and cargo transportation business in China. The company also provides services related to air transportation; intercity chartered passenger transportation; city-county fixed-line tourist passenger transportation; cargo transportation, health, life, accident, and liability insurance products; prepackaged food; craft gifts, household appliances, daily necessities, Wujinjiaodian, textiles, electronic products, chemical raw materials, metal materials, instruments and meters, mechanical equipment, staff canteen, aviation catering, aviation ground services; and technical services in the field of aviation technology. In addition, it engages in the import and export business of goods and technologies; wholesale and retail of auto parts; self-owned equipment leasing business; real estate development and operation; advertising; financial leasing business; leasing business, etc. As of December 31, 2022, the company owned and operated a fleet of 116 aircraft.

Spring Airlines Co., Ltd. Fundamentals Summary

How do Spring Airlines's earnings and revenue compare to its market cap?
601021 fundamental statistics
Market capCN¥57.38b
Earnings (TTM)CN¥1.38b
Revenue (TTM)CN¥15.87b

41.6x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601021 income statement (TTM)
RevenueCN¥15.87b
Cost of RevenueCN¥13.99b
Gross ProfitCN¥1.88b
Other ExpensesCN¥497.60m
EarningsCN¥1.38b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)1.41
Gross Margin11.83%
Net Profit Margin8.69%
Debt/Equity Ratio131.5%

How did 601021 perform over the long term?

See historical performance and comparison
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