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
Total Other 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
Total Other Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Other Income CAGR 3Y CAGR 5Y CAGR 10Y
Spring Airlines Co Ltd
SSE:601021
Total Other Income
ÂĄ26.1m
CAGR 3-Years
20%
CAGR 5-Years
-23%
CAGR 10-Years
-28%
China Eastern Airlines Corp Ltd
SSE:600115
Total Other Income
ÂĄ462m
CAGR 3-Years
26%
CAGR 5-Years
-13%
CAGR 10-Years
-21%
China Southern Airlines Co Ltd
SSE:600029
Total Other Income
ÂĄ2.4B
CAGR 3-Years
90%
CAGR 5-Years
31%
CAGR 10-Years
0%
Air China Ltd
SSE:601111
Total Other Income
ÂĄ542.1m
CAGR 3-Years
154%
CAGR 5-Years
17%
CAGR 10-Years
-7%
JUNEYAO AIRLINES Co Ltd
SSE:603885
Total Other Income
ÂĄ86.1m
CAGR 3-Years
41%
CAGR 5-Years
-10%
CAGR 10-Years
N/A
Hainan Airlines Holding Co Ltd
SSE:600221
Total Other Income
ÂĄ181.4m
CAGR 3-Years
-62%
CAGR 5-Years
8%
CAGR 10-Years
-12%
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 Total Other Income?
Total Other Income
26.1m CNY

Based on the financial report for Sep 30, 2024, Spring Airlines Co Ltd's Total Other Income amounts to 26.1m CNY.

What is Spring Airlines Co Ltd's Total Other Income growth rate?
Total Other Income CAGR 10Y
-28%

Over the last year, the Total Other Income growth was 50%. The average annual Total Other Income growth rates for Spring Airlines Co Ltd have been 20% over the past three years , -23% over the past five years , and -28% over the past ten years .

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