Spring Airlines Co., Ltd.

XSSC:601021 Stock Report

Market Cap: CN¥54.4b

Spring Airlines Past Earnings Performance

Past criteria checks 5/6

Spring Airlines has been growing earnings at an average annual rate of 9.3%, while the Airlines industry saw earnings growing at 34.4% annually. Revenues have been growing at an average rate of 9.3% per year. Spring Airlines's return on equity is 12.3%, and it has net margins of 11%.

Key information

9.3%

Earnings growth rate

7.6%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate9.3%
Return on equity12.3%
Net Margin11.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Spring Airlines makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

XSSC:601021 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2419,8122,184512155
30 Jun 2419,7832,780502153
31 Mar 2419,2432,712491148
31 Dec 2317,9382,257470144
30 Sep 2315,8671,379434139
30 Jun 2312,746-952406134
31 Mar 239,871-2,243371129
31 Dec 228,369-3,036369122
30 Sep 228,825-1,857376121
30 Jun 229,058-1,217395118
31 Mar 2210,995-113428119
31 Dec 2110,85839425119
30 Sep 2111,184-280447113
30 Jun 2110,782-169426113
31 Mar 219,212-646382107
31 Dec 209,373-588366107
30 Sep 2010,066-27375104
30 Jun 2011,700578387134
31 Mar 2013,5481,139415133
31 Dec 1914,8041,841443125
30 Sep 1914,4991,809461133
30 Jun 1913,9311,630446110
31 Mar 1913,5231,592444129
31 Dec 1813,1141,503462105
30 Sep 1812,7271,48647563
30 Jun 1812,2371,434447105
31 Mar 1811,6301,34449264
31 Dec 1710,9711,26248564
30 Sep 1710,29496946077
30 Jun 179,5417645110
31 Mar 178,9128874730
31 Dec 168,4299514460
30 Sep 168,3271,2954570
30 Jun 168,0941,4484350
31 Mar 168,1641,4404360
31 Dec 158,0941,3284280
30 Sep 158,0771,4293960
30 Jun 157,8441,2333800
31 Mar 157,6089653540
31 Dec 147,3288843400
31 Dec 136,5637322960

Quality Earnings: 601021 has high quality earnings.

Growing Profit Margin: 601021's current net profit margins (11%) are higher than last year (8.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 601021's earnings have grown by 9.3% per year over the past 5 years.

Accelerating Growth: 601021's earnings growth over the past year (58.4%) exceeds its 5-year average (9.3% per year).

Earnings vs Industry: 601021 earnings growth over the past year (58.4%) exceeded the Airlines industry 36.8%.

Return on Equity

High ROE: 601021's Return on Equity (12.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 13:28
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