Spring Airlines Past Earnings Performance
Past criteria checks 2/6
Spring Airlines's earnings have been declining at an average annual rate of -4.4%, while the Airlines industry saw earnings growing at 25.9% annually. Revenues have been growing at an average rate of 5.8% per year. Spring Airlines's return on equity is 16.9%, and it has net margins of 14.1%.
Key information
-4.4%
Earnings growth rate
-6.2%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | 5.8% |
| Return on equity | 16.9% |
| Net Margin | 14.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
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 13Calculating The Fair Value Of Spring Airlines Co., Ltd. (SHSE:601021)
Jun 21Is 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 18Revenue & Expenses Breakdown
How Spring Airlines makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 19,783 | 2,780 | 502 | 153 |
| 31 Mar 24 | 19,243 | 2,712 | 491 | 148 |
| 31 Dec 23 | 17,938 | 2,257 | 470 | 144 |
| 30 Sep 23 | 15,867 | 1,379 | 434 | 139 |
| 30 Jun 23 | 12,746 | -952 | 406 | 134 |
| 31 Mar 23 | 9,871 | -2,243 | 371 | 129 |
| 31 Dec 22 | 8,369 | -3,036 | 369 | 122 |
| 30 Sep 22 | 8,825 | -1,857 | 376 | 121 |
| 30 Jun 22 | 9,058 | -1,217 | 395 | 118 |
| 31 Mar 22 | 10,995 | -113 | 428 | 119 |
| 31 Dec 21 | 10,858 | 39 | 425 | 119 |
| 30 Sep 21 | 11,184 | -280 | 447 | 113 |
| 30 Jun 21 | 10,782 | -169 | 426 | 113 |
| 31 Mar 21 | 9,212 | -646 | 382 | 107 |
| 31 Dec 20 | 9,373 | -588 | 366 | 107 |
| 30 Sep 20 | 10,066 | -27 | 375 | 104 |
| 30 Jun 20 | 11,700 | 578 | 387 | 134 |
| 31 Mar 20 | 13,548 | 1,139 | 415 | 133 |
| 31 Dec 19 | 14,804 | 1,841 | 443 | 125 |
| 30 Sep 19 | 14,499 | 1,809 | 461 | 133 |
| 30 Jun 19 | 13,931 | 1,630 | 446 | 110 |
| 31 Mar 19 | 13,523 | 1,592 | 444 | 129 |
| 31 Dec 18 | 13,114 | 1,503 | 462 | 105 |
| 30 Sep 18 | 12,727 | 1,486 | 475 | 63 |
| 30 Jun 18 | 12,237 | 1,434 | 447 | 105 |
| 31 Mar 18 | 11,630 | 1,344 | 492 | 64 |
| 31 Dec 17 | 10,971 | 1,262 | 485 | 64 |
| 30 Sep 17 | 10,294 | 969 | 460 | 77 |
| 30 Jun 17 | 9,541 | 764 | 511 | 0 |
| 31 Mar 17 | 8,912 | 887 | 473 | 0 |
| 31 Dec 16 | 8,429 | 951 | 446 | 0 |
| 30 Sep 16 | 8,327 | 1,295 | 457 | 0 |
| 30 Jun 16 | 8,094 | 1,448 | 435 | 0 |
| 31 Mar 16 | 8,164 | 1,440 | 436 | 0 |
| 31 Dec 15 | 8,094 | 1,328 | 428 | 0 |
| 30 Sep 15 | 8,077 | 1,429 | 396 | 0 |
| 30 Jun 15 | 7,844 | 1,233 | 380 | 0 |
| 31 Mar 15 | 7,608 | 965 | 354 | 0 |
| 31 Dec 14 | 7,328 | 884 | 340 | 0 |
| 31 Dec 13 | 6,563 | 732 | 296 | 0 |
Quality Earnings: 601021 has high quality earnings.
Growing Profit Margin: 601021 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 601021's earnings have declined by 4.4% per year over the past 5 years.
Accelerating Growth: 601021 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 601021 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Airlines industry (59%).
Return on Equity
High ROE: 601021's Return on Equity (16.9%) is considered low.