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Spring Airlines SHSE:601021 Stock Report

Last Price

CN¥59.08

Market Cap

CN¥58.1b

7D

7.0%

1Y

11.1%

Updated

21 Nov, 2024

Data

Company Financials +

Spring Airlines Co., Ltd.

SHSE:601021 Stock Report

Market Cap: CN¥58.1b

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¥59.08
52 Week HighCN¥67.62
52 Week LowCN¥47.72
Beta0.75
11 Month Change9.08%
3 Month Change18.73%
1 Year Change11.07%
33 Year Change3.83%
5 Year Change44.52%
Change since IPO351.85%

Recent News & Updates

Spring Airlines Co., Ltd.'s (SHSE:601021) Intrinsic Value Is Potentially 46% Above Its Share Price

Oct 16
Spring Airlines Co., Ltd.'s (SHSE:601021) Intrinsic Value Is Potentially 46% Above Its Share Price

Does Spring Airlines (SHSE:601021) Have A Healthy Balance Sheet?

Oct 01
Does Spring Airlines (SHSE:601021) Have A Healthy Balance Sheet?

Recent updates

Spring Airlines Co., Ltd.'s (SHSE:601021) Intrinsic Value Is Potentially 46% Above Its Share Price

Oct 16
Spring Airlines Co., Ltd.'s (SHSE:601021) Intrinsic Value Is Potentially 46% Above Its Share Price

Does Spring Airlines (SHSE:601021) Have A Healthy Balance Sheet?

Oct 01
Does Spring Airlines (SHSE:601021) Have A Healthy Balance Sheet?

Spring Airlines (SHSE:601021) Has Some Way To Go To Become A Multi-Bagger

Aug 13
Spring Airlines (SHSE:601021) Has Some Way To Go To Become A Multi-Bagger

Investors Appear Satisfied With Spring Airlines Co., Ltd.'s (SHSE:601021) Prospects

Jul 13
Investors Appear Satisfied With Spring Airlines Co., Ltd.'s (SHSE:601021) Prospects

Calculating The Fair Value Of Spring Airlines Co., Ltd. (SHSE:601021)

Jun 21
Calculating The Fair Value Of Spring Airlines Co., Ltd. (SHSE:601021)

Is Spring Airlines (SHSE:601021) Using Too Much Debt?

May 21
Is Spring Airlines (SHSE:601021) Using Too Much Debt?

Results: Spring Airlines Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

May 02
Results: Spring Airlines Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

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
7D7.0%3.2%-3.4%
1Y11.1%5.3%6.1%

Return vs Industry: 601021 exceeded the CN Airlines industry which returned 5.3% over the past year.

Return vs Market: 601021 exceeded the CN Market which returned 6.1% over the past year.

Price Volatility

Is 601021's price volatile compared to industry and market?
601021 volatility
601021 Average Weekly Movement5.5%
Airlines Industry Average Movement4.4%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.5%

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

Volatility Over Time: 601021's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20049,777Wang Zhi 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¥58.06b
Earnings (TTM)CN¥2.18b
Revenue (TTM)CN¥19.81b

26.4x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
601021 income statement (TTM)
RevenueCN¥19.81b
Cost of RevenueCN¥17.31b
Gross ProfitCN¥2.50b
Other ExpensesCN¥315.77m
EarningsCN¥2.18b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.24
Gross Margin12.62%
Net Profit Margin11.03%
Debt/Equity Ratio98.6%

How did 601021 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

31%

Payout Ratio