Spring Airlines Future Growth

Future criteria checks 1/6

Spring Airlines is forecast to grow earnings and revenue by 17.8% and 12.7% per annum respectively. EPS is expected to grow by 17.8% per annum. Return on equity is forecast to be 17.8% in 3 years.

Key information

17.8%

Earnings growth rate

17.8%

EPS growth rate

Airlines earnings growth	14.8%
Revenue growth rate	12.7%
Future return on equity	17.8%
Analyst coverage	Good
Last updated	12 Sep 2024

Recent future growth updates

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

May 02

Recent updates

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

Aug 13

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

Jul 13

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

Jun 21

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

May 21

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

May 02

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

Apr 08

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

Mar 18

Earnings and Revenue Growth Forecasts

SHSE:601021 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	27,031	4,259	2,893	6,551	13
12/31/2025	24,193	3,661	2,370	6,085	15
12/31/2024	21,155	2,973	-1,107	4,528	15
6/30/2024	19,783	2,780	627	6,497	N/A
3/31/2024	19,243	2,712	1,219	6,327	N/A
12/31/2023	17,938	2,257	3,489	6,694	N/A
9/30/2023	15,867	1,379	2,580	6,442	N/A
6/30/2023	12,746	-952	139	4,036	N/A
3/31/2023	9,871	-2,243	-1,131	2,214	N/A
12/31/2022	8,369	-3,036	-4,134	439	N/A
9/30/2022	8,825	-1,857	-5,322	-76	N/A
6/30/2022	9,058	-1,217	-5,037	652	N/A
3/31/2022	10,995	-113	-5,175	1,695	N/A
12/31/2021	10,858	39	-4,517	1,684	N/A
9/30/2021	11,184	-280	-3,661	2,473	N/A
6/30/2021	10,782	-169	-2,493	2,535	N/A
3/31/2021	9,212	-646	-2,745	1,324	N/A
12/31/2020	9,373	-588	-3,538	826	N/A
9/30/2020	10,066	-27	-3,950	445	N/A
6/30/2020	11,700	578	-4,264	967	N/A
3/31/2020	13,548	1,139	-3,694	1,930	N/A
12/31/2019	14,804	1,841	-1,906	3,436	N/A
9/30/2019	14,499	1,809	-987	3,551	N/A
6/30/2019	13,931	1,630	-908	3,058	N/A
3/31/2019	13,523	1,592	178	2,963	N/A
12/31/2018	13,114	1,503	-275	2,896	N/A
9/30/2018	12,727	1,486	514	3,072	N/A
6/30/2018	12,237	1,434	626	3,016	N/A
3/31/2018	11,630	1,344	N/A	2,863	N/A
12/31/2017	10,971	1,262	N/A	2,302	N/A
9/30/2017	10,294	969	N/A	2,093	N/A
6/30/2017	9,541	764	N/A	2,320	N/A
3/31/2017	8,912	887	N/A	1,951	N/A
12/31/2016	8,429	951	N/A	2,040	N/A
9/30/2016	8,327	1,295	N/A	1,852	N/A
6/30/2016	8,094	1,448	N/A	1,417	N/A
3/31/2016	8,164	1,440	N/A	1,540	N/A
12/31/2015	8,094	1,328	N/A	1,610	N/A
9/30/2015	8,077	1,429	N/A	1,895	N/A
6/30/2015	7,844	1,233	N/A	1,793	N/A
3/31/2015	7,608	965	N/A	1,157	N/A
12/31/2014	7,328	884	N/A	1,076	N/A
12/31/2013	6,563	732	N/A	1,536	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601021's forecast earnings growth (17.8% per year) is above the savings rate (2.9%).

Earnings vs Market: 601021's earnings (17.8% per year) are forecast to grow slower than the CN market (23% per year).

High Growth Earnings: 601021's earnings are forecast to grow, but not significantly.

Revenue vs Market: 601021's revenue (12.7% per year) is forecast to grow slower than the CN market (13.1% per year).

High Growth Revenue: 601021's revenue (12.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 601021's Return on Equity is forecast to be low in 3 years time (17.8%).

Spring Airlines Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

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

Consensus EPS estimates fall by 23%

Price target increased to CN¥69.79

Price target increased to CN¥61.50

Price target raised to CN¥55.67

Analysts update estimates

Recent updates

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

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

Spring Airlines Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024

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

Spring Airlines Co., Ltd., Annual General Meeting, Jun 25, 2024

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

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

Full year 2023 earnings released: EPS: CN¥2.31 (vs CN¥3.30 loss in FY 2022)

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

Spring Airlines Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024

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

Spring Airlines Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Spring Airlines Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023

Spring Airlines Co., Ltd. (SHSE:601021) announces an Equity Buyback for CNY 100 million worth of its shares.

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Spring Airlines Co., Ltd. to Report First Half, 2023 Results on Aug 31, 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 23%

Now 20% undervalued after recent price drop

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Spring Airlines Co., Ltd. (SHSE:601021) announces an Equity Buyback for CNY 100 million worth of its shares.

Spring Airlines Co., Ltd.(XSSC:601021) dropped from FTSE All-World Index (USD)

Third quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.29 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.25 (vs CN¥0.20 loss in 2Q 2020)

Spring Airlines Co., Ltd. announced that it expects to receive CNY 3.5 billion in funding

Price target increased to CN¥69.79

Price target increased to CN¥61.50

First quarter 2021 earnings released: CN¥0.31 loss per share (vs CN¥0.25 loss in 1Q 2020)

New 90-day high: CN¥65.15

Price target raised to CN¥55.67

New 90-day high: CN¥58.49

New 90-day high: CN¥54.00

New 90-day high: CN¥50.50

Third quarter earnings released

Third-quarter earnings released: Revenue and earnings beat expectations

Spring Airlines Co., Ltd. to Report Q3, 2020 Results on Oct 31, 2020

Analysts update estimates

Analysts update estimates

Analysts update estimates

Analysts update estimates

Analysts lower EPS estimates to -CN¥0.011

New 90-day high - CN¥44.95

First half earnings released

Analysts update estimates

New 90-day high - CN¥42.54

Spring Airlines Co., Ltd. to Report First Half, 2020 Results on Aug 29, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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