601021.SS
Price:
$56.12
Market Cap:
$54.90B
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 ROE is 11.31%. This represents a change of 306.74% compared to the average of 2.78% of the last 4 quarters.
The mean historical ROE of Spring Airlines Co., Ltd. over the last ten years is 7.31%. The current 11.31% ROE has changed 54.77% with respect to the historical average. Over the past ten years (40 quarters), 601021.SS's ROE was at its highest in in the September 2023 quarter at 11.32%. The ROE was at its lowest in in the December 2022 quarter at -9.48%.
Average
7.31%
Median
12.61%
Minimum
-22.17%
Maximum
20.30%
Discovering the peaks and valleys of Spring Airlines Co., Ltd. ROE, 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 = 14.84%
Maximum Annual ROE = 20.30%
Minimum Annual Increase = -7892.61%
Minimum Annual ROE = -22.17%
| Year | ROE | Change |
|---|---|---|
| 2024 | 13.08% | -8.76% |
| 2023 | 14.33% | -164.65% |
| 2022 | -22.17% | -7892.61% |
| 2021 | 0.28% | -106.86% |
| 2020 | -4.15% | -133.89% |
| 2019 | 12.24% | 8.54% |
| 2018 | 11.28% | -24.33% |
| 2017 | 14.91% | 14.84% |
| 2016 | 12.98% | -36.08% |
| 2015 | 20.30% | -18.40% |
The current ROE of Spring Airlines Co., Ltd. (601021.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.75%
5-year avg
0.27%
10-year avg
7.31%
Spring Airlines Co., Ltd.’s ROE is less than China Railway Signal & Communication Corporation Limited (7.27%), less than Qingdao Port International Co., Ltd. (12.48%), less than Sinotrans Limited (9.46%), less than COSCO SHIPPING Energy Transportation Co., Ltd. (9.13%), less than Juneyao Airlines Co., Ltd (8.01%), less than China Shipbuilding Industry Group Power Co., Ltd. (4.68%), less than Jiangsu Zhongtian Technology Co., Ltd. (8.02%), less than Hongfa Technology Co., Ltd. (18.56%), less than YTO Express Group Co.,Ltd. (12.19%), less than China National Chemical Engineering Co., Ltd (9.46%),
| Company | ROE | Market cap |
|---|---|---|
| 7.27% | $57.61B | |
| 12.48% | $56.15B | |
| 9.46% | $45.36B | |
| 9.13% | $49.78B | |
| 8.01% | $30.15B | |
| 4.68% | $45.97B | |
| 8.02% | $66.93B | |
| 18.56% | $44.13B | |
| 12.19% | $57.50B | |
| 9.46% | $46.84B |
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