YOLFTbeta
60

Spring Airlines Co Ltd

601021 · SHG · Industrials / Airlines

44.60CNY-0.36 (-0.80%)

Price History

Full chart

Market Stats

Previous Close44.96
Open44.30
Day Range44.20 – 44.99
52-Week Range38.18 – 60.48
Volume5.23M
Market Cap39.88B
P/E (TTM)18.04
Forward P/E97.09
EPS2.26
Dividend Yield2.11%
Beta0.29
50-Day Avg43.93
200-Day Avg48.87

About

Spring Airlines Co., Ltd. engages in the air passenger and cargo transportation business in Mainland China, Hong Kong, Macao, Taiwan, and internationally. The company provides air mail and baggage transportation, and related services; general aviation; intercity charter passenger transportation; inter-city and county fixed-route tourist passenger transportation; and accident, travel, and flight delay and cancellation insurance products. It also engages in the import and export business of goods and technologies; advertising; e-commerce; training; business; financial leasing; and rental activities. As of December 31, 2025, the company owned and operated a fleet of 134 aircraft. The company was founded in 2004 and is headquartered in Shanghai, China. Spring Airlines Co., Ltd. is a subsidiary of Shanghai Spring International Travel Service Ltd.

Company Details

  • SectorIndustrials
  • IndustryAirlines
  • CEOMr. Wang Zhi Jie
  • Employees8.50K
  • HeadquartersSpring Airlines Headquarters Office Building, Shanghai, China, 200335, China
  • Websitehttps://www.ch.com

Leadership

  • Mr. Wang Zhi JiePresident & Director · b. 1969
  • Mr. Chen KeCFO, Secretary of the Board of Directors & Accounting Supervisor · b. 1976
  • Mr. Gang YangChief Pilot · b. 1972
  • Mr. Kang XuChief Engineer · b. 1977
  • Mr. Wang GangVice President · b. 1973
  • Mr. Wu Xin YuVice President · b. 1968
  • Mr. Peng SongVice President · b. 1976
  • Mr. Wei ShenVice President · b. 1966
  • Mr. Xingwen HuangVice President · b. 1974
  • Mr. Xu LiangDirector of Board Office

Financials

Income Statement

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.46B5.63B6.56B7.33B8.09B8.43B10.97B13.11B14.80B9.37B10.86B8.37B17.94B20.00B21.46B
Growth (%)-+26.19%+16.54%+11.64%+10.45%+4.15%+30.15%+19.54%+12.88%-36.68%+15.85%-22.92%+114.34%+11.50%+7.30%
Cost of Revenue3.90B4.92B5.72B6.25B6.47B7.35B9.64B11.84B13.11B9.98B11.33B11.59B15.52B17.41B18.54B
Gross Profit562.59M710.47M845.07M1.08B1.63B1.08B1.33B1.27B1.69B-602.81M-472.70M-3.22B2.42B2.59B2.92B
Gross Margin12.61%12.62%12.88%14.67%20.11%12.80%12.14%9.68%11.41%-6.43%-4.35%-38.49%13.49%12.94%13.59%
Operating Expense416.34M278.20M309.40M534.80M723.57M725.06M-264.65M-648.73M-621.78M23.03M-478.65M195.28M-197.11M-61.46M-433.27M
Operating Income146.25M432.27M535.67M540.47M903.69M353.95M1.60B1.92B2.31B-625.84M5.95M-3.42B2.62B2.65B3.35B
Operating Margin3.28%7.68%8.16%7.38%11.17%4.20%14.56%14.63%15.61%-6.68%0.05%-40.83%14.59%13.25%15.60%
EBITDA840.84M650.10M808.23M1.02B1.55B1.16B2.35B2.54B3.09B867.55M1.21B-1.70B4.28B4.75B6.50B
EBITDA Margin18.84%11.54%12.31%13.99%19.19%13.77%21.47%19.36%20.85%9.26%11.16%-20.29%23.88%23.76%30.31%
Net Income483.19M624.59M732.23M884.18M1.33B950.52M1.26B1.50B1.84B-588.41M39.11M-3.04B2.26B2.27B2.32B
Net Income Margin10.83%11.09%11.16%12.07%16.41%11.28%11.50%11.46%12.44%-6.28%0.36%-36.27%12.58%11.36%10.80%
R&D-25.97M26.47M38.70M60.98M72.38M64.32M104.92M125.17M107.42M119.39M122.31M144.18M160.63M163.76M
R&D as % of Total Revenue-0.46%0.40%0.53%0.75%0.86%0.59%0.80%0.85%1.15%1.10%1.46%0.80%0.80%0.76%
Interest Expense75.07M127.77M155.65M158.09M141.99M306.99M314.15M277.43M276.15M265.73M560.17M667.32M649.51M534.56M485.85M
Interest Expense % of Total Revenue1.68%2.27%2.37%2.16%1.75%3.64%2.86%2.12%1.87%2.84%5.16%7.97%3.62%2.67%2.26%

Balance Sheet

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.84B7.00B7.65B11.26B16.03B19.65B20.60B26.58B29.37B32.43B38.32B43.42B44.24B43.84B46.88B
Total Liabilities3.39B4.93B4.91B7.71B9.49B12.32B12.14B13.25B14.33B18.25B24.57B29.73B28.49B26.45B28.71B
Total Equity1.45B2.07B2.74B3.55B6.54B7.32B8.46B13.32B15.04B14.18B13.75B13.69B15.75B17.38B18.16B
Cash721.68M1.63B1.47B2.40B3.09B4.71B4.27B4.89B7.72B9.19B7.26B10.21B11.58B10.22B8.83B
Total Debt1.86B3.24B2.66B5.12B5.94B9.25B8.94B9.30B9.87B14.07B20.08B25.02B17.07B15.67B-
Net Debt1.13B1.60B1.19B2.72B2.84B4.54B4.67B4.40B2.15B4.87B12.82B14.81B5.48B5.44B5.17B

Cash Flow

Currency: CNY2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow697.86M884.01M1.54B1.08B1.61B2.04B2.30B2.90B3.44B825.76M1.68B438.62M6.69B5.89B6.62B
Investing Cash Flow-702.88M-1.19B-832.16M-2.40B-3.39B-5.09B-2.73B-5.51B-2.28B-4.89B-5.96B-4.54B-2.75B-9.89B-
Financing Cash Flow420.60M1.19B-814.20M2.24B2.43B4.50B54.53M3.15B1.55B5.60B2.32B6.91B-2.71B-349.12M-
Capital Expenditure697.52M1.14B723.88M2.46B4.48B4.83B2.55B3.17B5.34B4.36B6.20B4.57B3.21B7.21B6.33B
Free Cash Flow336.39K-256.31M812.50M-1.38B-2.87B-2.79B-251.81M-275.43M-1.91B-3.54B-4.52B-4.13B3.49B-1.32B291.61M
Dividends Paid92.10M131.94M62.46M73.89M302.71M519.43M429.45M450.90M573.12M632.44M478.46M570.90M553.10M1.17B1.65B
FCF to OCF0.05%-28.99%52.88%-128.41%-178.02%-136.76%-10.94%-9.51%-55.47%-428.41%-268.32%-942.52%52.12%-22.37%4.40%
Dividend Paid to FCF27378.29%-51.48%7.69%-5.35%-10.56%-18.62%-170.55%-163.71%-30.07%-17.88%-10.59%-13.81%15.85%-88.45%564.59%

Earnings

Report DateApr 30, 2015Aug 25, 2015Nov 2, 2015Apr 28, 2016Aug 29, 2016Oct 29, 2016Mar 30, 2017Apr 29, 2017Aug 16, 2017Oct 30, 2017Dec 31, 2017Apr 27, 2018Aug 30, 2018Oct 30, 2018Apr 18, 2019Aug 29, 2019Oct 30, 2019Apr 29, 2020Aug 28, 2020Oct 30, 2020Apr 29, 2021Aug 30, 2021Oct 29, 2021Dec 31, 2021Apr 28, 2022Aug 30, 2022Oct 28, 2022Dec 31, 2022Apr 27, 2023Aug 30, 2023Oct 30, 2023Dec 31, 2023Apr 29, 2024Aug 29, 2024Oct 30, 2024Apr 29, 2025Aug 28, 2025Sep 30, 2025Dec 31, 2025Apr 29, 2026Aug 28, 2026
EPS Estimate---0.680.610.73-0.170.320.370.250.070.450.420.730.030.570.970.62-0.050.16-0.250.130.25-0.140.35-0.46-0.35-0.570.53-0.040.82-0.150.480.691.53-0.130.762.30-1.110.760.41
EPS Actual0.320.460.730.300.470.74-0.270.380.310.770.100.460.390.67-0.030.410.94-0.32-0.250.29-0.530.320.16-0.13-0.48-0.88-0.54-1.400.360.501.86-0.430.830.561.26-0.340.491.18-0.021.020.08
Surprise----55.88%-22.95%1.37%-58.82%18.75%-16.22%208.00%42.86%2.22%-7.14%-8.22%-200.00%-28.07%-3.09%-151.61%-400.00%81.25%-112.00%146.15%-36.00%7.14%-237.14%-91.30%-54.29%-145.61%-32.08%1350.00%126.83%-186.67%72.92%-18.84%-17.65%-161.54%-35.53%-48.65%98.04%34.21%-80.49%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hoursAfter-hoursAfter-hours--After-hoursAfter-hours

Key Statistics & Ratios

Market Cap39.88B
Enterprise Value56.50B
Trailing P/E18.04
Forward P/E97.09
Price / Sales1.70
Price / Book2.32
EPS2.26
Book Value18.60
Revenue (TTM)23.49B
Gross Profit (TTM)2.77B
EBITDA5.63B
Profit Margin9.33%
Operating Margin2.44%
Return on Equity12.44%
Return on Assets4.00%
Shares Outstanding978.33M
Shares Float401.91M
Beta0.29
Dividend Yield2.11%
Dividend Rate0.86
Payout Ratio55.31%

Dividends

20201×
0.20Jul 9, 2020
20191×
0.20May 24, 2019
20181×
0.19Jun 4, 2018
20171×
0.16May 5, 2017
20161×
0.21Jun 1, 2016
20151×
0.12Jun 12, 2015

Stock Splits

  • Oct 21, 20152:1