Spring Airlines Co Ltd
SSE:601021

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Spring Airlines Co Ltd
SSE:601021
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Price: 57.66 CNY 0.82%
Market Cap: 56.4B CNY
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Spring Airlines Co Ltd
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Spring Airlines Co Ltd
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
Spring Airlines Co Ltd
SSE:601021
Pre-Tax Income
ÂĄ2.7B
CAGR 3-Years
N/A
CAGR 5-Years
2%
CAGR 10-Years
10%
China Eastern Airlines Corp Ltd
SSE:600115
Pre-Tax Income
-ÂĄ5.2B
CAGR 3-Years
30%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
China Southern Airlines Co Ltd
SSE:600029
Pre-Tax Income
-ÂĄ656m
CAGR 3-Years
61%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Air China Ltd
SSE:601111
Pre-Tax Income
-ÂĄ1.5B
CAGR 3-Years
57%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
JUNEYAO AIRLINES Co Ltd
SSE:603885
Pre-Tax Income
ÂĄ1.1B
CAGR 3-Years
N/A
CAGR 5-Years
-5%
CAGR 10-Years
N/A
Hainan Airlines Holding Co Ltd
SSE:600221
Pre-Tax Income
ÂĄ816.1m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-10%
No Stocks Found

Spring Airlines Co Ltd
Glance View

Market Cap
56.4B CNY
Industry
Airlines

In the dynamic landscape of China's aviation industry, Spring Airlines Co. Ltd. stands as a testament to innovative approaches in affordable air travel. Founded in 2004, this Shanghai-based carrier has ingeniously carved out a niche by focusing on the low-cost airline model. Unlike traditional carriers heavily burdened by high operating costs, Spring Airlines keeps a sharp focus on efficiency and cost-cutting strategies. They achieve this through a streamlined fleet, primarily consisting of Airbus A320s, which eases maintenance costs and simplifies training requirements. By offering competitive pricing, punctual flights, and leveraging lightly-trafficked secondary airports, the company captures a broad demographic who crave budget-friendly options without sacrificing much on comfort and safety. Revenue for Spring Airlines is driven primarily through ticket sales, but its unique revenue stream capitalization doesn't stop there. The airline comprehensively monetizes ancillary services, including baggage fees, seat selection, onboard meals, and other amenities for budget-conscious travelers, who often appreciate the pay-as-you-use model. Notably, their business model not only ensures profitability but also promises growth potential as the burgeoning Chinese middle class seeks more domestic and international travel options. Spring Airlines has deftly navigated the complexities of a highly regulated market while constantly tweaking its strategies to enhance customer satisfaction and maintain a low-cost edge amid rising competition and fluctuating fuel prices.

Intrinsic Value
82.55 CNY
Undervaluation 30%
Intrinsic Value
Price

See Also

What is Spring Airlines Co Ltd's Pre-Tax Income?
Pre-Tax Income
2.7B CNY

Based on the financial report for Sep 30, 2024, Spring Airlines Co Ltd's Pre-Tax Income amounts to 2.7B CNY.

What is Spring Airlines Co Ltd's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
10%

Over the last year, the Pre-Tax Income growth was 36%.

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