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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Gross Margin
Spring Airlines Co Ltd

14.1%
Current
-6%
Average
33.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
14.1%
=
Gross Profit
2.8B
/
Revenue
19.8B

Gross Margin Across Competitors

Country CN
Market Cap 56.7B CNY
Gross Margin
14%
Country US
Market Cap 40.9B USD
Gross Margin
50%
Country US
Market Cap 31.3B USD
Gross Margin
62%
Country CH
Market Cap 19.5B CHF
Gross Margin N/A
Country IE
Market Cap 15.4B EUR
Gross Margin
40%
Country US
Market Cap 19.2B USD
Gross Margin
70%
Country IN
Market Cap 1.6T INR
Gross Margin
40%
Country CN
Market Cap 116.3B CNY
Gross Margin
5%
Country UK
Market Cap 12.1B GBP
Gross Margin
65%
Country SG
Market Cap 18.9B SGD
Gross Margin
51%
Country CN
Market Cap 88.7B CNY
Gross Margin
7%
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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

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
14.1%
=
Gross Profit
2.8B
/
Revenue
19.8B
What is the Gross Margin of Spring Airlines Co Ltd?

Based on Spring Airlines Co Ltd's most recent financial statements, the company has Gross Margin of 14.1%.