Spring Airlines Co., Ltd.

SHSE:601021 Stock Report

Market Cap: CN¥54.4b

Spring Airlines Future Growth

Future criteria checks 3/6

Spring Airlines is forecast to grow earnings and revenue by 26.6% and 13% per annum respectively. EPS is expected to grow by 26.6% per annum. Return on equity is forecast to be 17.1% in 3 years.

Key information

26.6%

Earnings growth rate

26.6%

EPS growth rate

Airlines earnings growth34.9%
Revenue growth rate13.0%
Future return on equity17.1%
Analyst coverage

Good

Last updated18 Dec 2024

Recent future growth updates

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

Recent updates

Spring Airlines' (SHSE:601021) Returns Have Hit A Wall

Nov 27
Spring Airlines' (SHSE:601021) Returns Have Hit A Wall

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

Earnings and Revenue Growth Forecasts

SHSE:601021 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202626,2614,0173,0136,69414
12/31/202523,4533,3372,3705,94516
12/31/202420,2992,5365674,82012
9/30/202419,8122,184-2806,110N/A
6/30/202419,7832,7806276,497N/A
3/31/202419,2432,7121,2196,327N/A
12/31/202317,9382,2573,4896,694N/A
9/30/202315,8671,3792,5806,442N/A
6/30/202312,746-9521394,036N/A
3/31/20239,871-2,243-1,1312,214N/A
12/31/20228,369-3,036-4,134439N/A
9/30/20228,825-1,857-5,322-76N/A
6/30/20229,058-1,217-5,037652N/A
3/31/202210,995-113-5,1751,695N/A
12/31/202110,85839-4,5171,684N/A
9/30/202111,184-280-3,6612,473N/A
6/30/202110,782-169-2,4932,535N/A
3/31/20219,212-646-2,7451,324N/A
12/31/20209,373-588-3,538826N/A
9/30/202010,066-27-3,950445N/A
6/30/202011,700578-4,264967N/A
3/31/202013,5481,139-3,6941,930N/A
12/31/201914,8041,841-1,9063,436N/A
9/30/201914,4991,809-9873,551N/A
6/30/201913,9311,630-9083,058N/A
3/31/201913,5231,5921782,963N/A
12/31/201813,1141,503-2752,896N/A
9/30/201812,7271,4865143,072N/A
6/30/201812,2371,434N/A3,016N/A
3/31/201811,6301,344N/A2,863N/A
12/31/201710,9711,262N/A2,302N/A
9/30/201710,294969N/A2,093N/A
6/30/20179,541764N/A2,320N/A
3/31/20178,912887N/A1,951N/A
12/31/20168,429951N/A2,040N/A
9/30/20168,3271,295N/A1,852N/A
6/30/20168,0941,448N/A1,417N/A
3/31/20168,1641,440N/A1,540N/A
12/31/20158,0941,328N/A1,610N/A
9/30/20158,0771,429N/A1,895N/A
6/30/20157,8441,233N/A1,793N/A
3/31/20157,608965N/A1,157N/A
12/31/20147,328884N/A1,076N/A
12/31/20136,563732N/A1,536N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 601021's forecast earnings growth (26.6% per year) is above the savings rate (2.8%).

Earnings vs Market: 601021's earnings (26.6% per year) are forecast to grow faster than the CN market (25.8% per year).

High Growth Earnings: 601021's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 601021's revenue (13% per year) is forecast to grow slower than the CN market (13.8% per year).

High Growth Revenue: 601021's revenue (13% 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 (17.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 06:51
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spring Airlines Co., Ltd. is covered by 30 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan GeeBofA Global Research
Yichao HanChangjiang Securities Co. LTD.
Hongwei HuangChasing Securities