Spring Airlines Co Ltd
SSE:601021
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Spring Airlines Co Ltd
Total Current Assets
Spring Airlines Co Ltd
Total Current Assets Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Total Current Assets | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Spring Airlines Co Ltd
SSE:601021
|
Total Current Assets
ÂĄ10.9B
|
CAGR 3-Years
-1%
|
CAGR 5-Years
3%
|
CAGR 10-Years
18%
|
||
China Eastern Airlines Corp Ltd
SSE:600115
|
Total Current Assets
ÂĄ18.6B
|
CAGR 3-Years
-16%
|
CAGR 5-Years
1%
|
CAGR 10-Years
2%
|
||
China Southern Airlines Co Ltd
SSE:600029
|
Total Current Assets
ÂĄ32B
|
CAGR 3-Years
-5%
|
CAGR 5-Years
14%
|
CAGR 10-Years
1%
|
||
Air China Ltd
SSE:601111
|
Total Current Assets
ÂĄ42.9B
|
CAGR 3-Years
22%
|
CAGR 5-Years
11%
|
CAGR 10-Years
8%
|
||
JUNEYAO AIRLINES Co Ltd
SSE:603885
|
Total Current Assets
ÂĄ4.6B
|
CAGR 3-Years
6%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
N/A
|
||
Hainan Airlines Holding Co Ltd
SSE:600221
|
Total Current Assets
ÂĄ29.9B
|
CAGR 3-Years
-25%
|
CAGR 5-Years
-10%
|
CAGR 10-Years
0%
|
Spring Airlines Co Ltd
Glance View
Spring Airlines Co. Ltd. is a low-cost carrier based in Shanghai, China, remarkable for pioneering the budget airline model in a market traditionally dominated by full-service airlines. Founded in 2004, the airline has rapidly gained traction by offering competitive fares while maintaining a focus on customer service and operational efficiency. With a modern fleet primarily consisting of Airbus A320 aircraft, Spring Airlines has strategically expanded its route network both domestically and internationally, connecting major cities in China with key destinations in Asia. This growth has positioned the airline as a formidable player in the aviation sector, catering to the increasing demand for budget travel among Chinese consumers and tourists. For investors, Spring Airlines presents an intriguing opportunity within the burgeoning low-cost airline industry. Despite challenges such as fluctuating fuel costs and heightened competition, the company's resilient business model and cost-effective operations have allowed it to maintain profitability in a volatile market. The airline's commitment to innovation—exemplified by its digital enhancements and streamlined processes—fortifies its competitive edge. By understanding the evolving landscape of travel preferences, particularly among the young and budget-conscious demographic, Spring Airlines not only shows promise for continued growth but also embodies the investment philosophies of value and sustainability espoused by industry greats like Warren Buffett and Charlie Munger.
See Also
What is Spring Airlines Co Ltd's Total Current Assets?
Total Current Assets
10.9B
CNY
Based on the financial report for Jun 30, 2024, Spring Airlines Co Ltd's Total Current Assets amounts to 10.9B CNY.
What is Spring Airlines Co Ltd's Total Current Assets growth rate?
Total Current Assets CAGR 10Y
18%
Over the last year, the Total Current Assets growth was -14%. The average annual Total Current Assets growth rates for Spring Airlines Co Ltd have been -1% over the past three years , 3% over the past five years , and 18% over the past ten years .