601021.SS
Price:
$55.78
Market Cap:
$54.47B
Spring Airlines Co., Ltd. engages in the air passenger and cargo transportation business in China. The company also provides services related to air transportation. It owns and operates a fleet of 102 A320 series aircrafts covering approximately 210 domestic flight routes, as well as international routes in rest of Asia, Hong Kong, Macao, and Taiwan. The company was founded in 2005 and is based in Shanghai, China. Spring Airlines Co., Ltd. is a subsidiary of Shanghai Spring International Travel Services Ltd.
Industry
Airlines, Airports & Air Services
IPO Date
2015-01-21
Stock Exchange
SHH
Ticker
601021.SS
According to Spring Airlines Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.40. This represents a change of 4.97% compared to the average of 1.34 of the last 4 quarters.
The mean historical Current Ratio of Spring Airlines Co., Ltd. over the last ten years is 1.09. The current 1.40 Current Ratio has changed 12.79% with respect to the historical average. Over the past ten years (40 quarters), 601021.SS's Current Ratio was at its highest in in the June 2018 quarter at 1.75. The Current Ratio was at its lowest in in the June 2022 quarter at 0.78.
Average
1.09
Median
1.07
Minimum
0.86
Maximum
1.33
Discovering the peaks and valleys of Spring Airlines Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 50.67%
Maximum Annual Current Ratio = 1.33
Minimum Annual Increase = -15.62%
Minimum Annual Current Ratio = 0.86
Year | Current Ratio | Change |
---|---|---|
2024 | 1.33 | 30.88% |
2023 | 1.01 | 15.14% |
2022 | 0.88 | -2.19% |
2021 | 0.90 | -5.01% |
2020 | 0.95 | -15.62% |
2019 | 1.12 | -14.74% |
2018 | 1.32 | 8.43% |
2017 | 1.22 | -5.82% |
2016 | 1.29 | 50.67% |
2015 | 0.86 | 23.62% |
The current Current Ratio of Spring Airlines Co., Ltd. (601021.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.07
5-year avg
1.01
10-year avg
1.09
Spring Airlines Co., Ltd.’s Current Ratio is greater than Air China Limited (0.32), greater than Juneyao Airlines Co., Ltd (0.27), greater than China Eastern Airlines Corporation Limited (0.19), greater than China Southern Airlines Company Limited (0.26), less than Zhejiang Chint Electrics Co., Ltd. (1.48),
Company | Current Ratio | Market cap |
---|---|---|
0.32 | $117.03B | |
0.27 | $27.90B | |
0.19 | $78.77B | |
0.26 | $92.83B | |
1.48 | $49.64B |
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