Spring Airlines Co Ltd
SSE:601021

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Spring Airlines Co Ltd
SSE:601021
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Price: 57.98 CNY -2.46% Market Closed
Market Cap: 56.6B CNY
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Spring Airlines Co Ltd
Tax Provision

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
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Spring Airlines Co Ltd
SSE:601021
Tax Provision
-ÂĄ258.5m
CAGR 3-Years
-29%
CAGR 5-Years
14%
CAGR 10-Years
0%
China Eastern Airlines Corp Ltd
SSE:600115
Tax Provision
-ÂĄ983m
CAGR 3-Years
N/A
CAGR 5-Years
-3%
CAGR 10-Years
-17%
China Southern Airlines Co Ltd
SSE:600029
Tax Provision
-ÂĄ1.5B
CAGR 3-Years
N/A
CAGR 5-Years
-9%
CAGR 10-Years
-21%
Air China Ltd
SSE:601111
Tax Provision
-ÂĄ477.7m
CAGR 3-Years
N/A
CAGR 5-Years
22%
CAGR 10-Years
3%
JUNEYAO AIRLINES Co Ltd
SSE:603885
Tax Provision
-ÂĄ223.3m
CAGR 3-Years
-505%
CAGR 5-Years
10%
CAGR 10-Years
N/A
Hainan Airlines Holding Co Ltd
SSE:600221
Tax Provision
ÂĄ738.6m
CAGR 3-Years
N/A
CAGR 5-Years
-11%
CAGR 10-Years
N/A
No Stocks Found

Spring Airlines Co Ltd
Glance View

Market Cap
56.7B CNY
Industry
Airlines

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.

Intrinsic Value
72.83 CNY
Undervaluation 20%
Intrinsic Value
Price

See Also

What is Spring Airlines Co Ltd's Tax Provision?
Tax Provision
-258.5m CNY

Based on the financial report for Jun 30, 2024, Spring Airlines Co Ltd's Tax Provision amounts to -258.5m CNY.

What is Spring Airlines Co Ltd's Tax Provision growth rate?
Tax Provision CAGR 10Y
0%

Over the last year, the Tax Provision growth was 15%. The average annual Tax Provision growth rates for Spring Airlines Co Ltd have been -29% over the past three years , 14% over the past five years .

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