Spring Airlines Future Growth
Future criteria checks 1/6
Spring Airlines is forecast to grow earnings and revenue by 18.8% and 13.3% per annum respectively. EPS is expected to grow by 18.7% per annum. Return on equity is forecast to be 18.9% in 3 years.
Key information
18.8%
Earnings growth rate
18.7%
EPS growth rate
| Airlines earnings growth | 11.0% |
| Revenue growth rate | 13.3% |
| Future return on equity | 18.9% |
| Analyst coverage | Good |
| Last updated | 27 Jun 2024 |
Recent future growth updates
Recent updates
Calculating The Fair Value Of Spring Airlines Co., Ltd. (SHSE:601021)
Jun 21
Is Spring Airlines (SHSE:601021) Using Too Much Debt?
May 21Results: Spring Airlines Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
May 02Investors Still Waiting For A Pull Back In Spring Airlines Co., Ltd. (SHSE:601021)
Apr 08Capital Allocation Trends At Spring Airlines (SHSE:601021) Aren't Ideal
Mar 18Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 27,802 | 4,539 | 3,050 | 6,839 | 12 |
| 12/31/2025 | 25,190 | 4,050 | 2,524 | 6,340 | 17 |
| 12/31/2024 | 21,964 | 3,249 | 722 | 4,968 | 17 |
| 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 | -168 | 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 (18.8% per year) is above the savings rate (2.9%).
Earnings vs Market: 601021's earnings (18.8% per year) are forecast to grow slower than the CN market (22.3% per year).
High Growth Earnings: 601021's earnings are forecast to grow, but not significantly.
Revenue vs Market: 601021's revenue (13.3% per year) is forecast to grow slower than the CN market (13.7% per year).
High Growth Revenue: 601021's revenue (13.3% 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 (18.9%).