Spring Airlines Co., Ltd.
601021
Rank in Stocks
#3254
Spring Airlines Co., Ltd. operates as a Chinese airline primarily engaged in... Spring Airlines Co., Ltd. operates as a Chinese airline primarily engaged in the transportation of both passengers and cargo, alongside offering various related aviation services. The company maintains a fleet of 102 A320 series aircraft, which it utilizes to serve approximately 210 domestic flight routes within China. Its network also extends to international and regional destinations across the rest of Asia, including Hong Kong, Macao, and Taiwan. Founded in 2005 and based in Shanghai, China, Spring Airlines operates as a subsidiary of Shanghai Spring International Travel Services Ltd.
Share Price
$5.55
Market Cap
$5.43B
Change (1 day)
-0.91%
Change (1 year)
-27.89%
Country
CN
Trade Spring Airlines Co., Ltd. (601021)
Category
Industrials
P/E ratio for Spring Airlines Co., Ltd. (601021)
P/E ratio as of October 2026 TTM: 17.17
According to Spring Airlines Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.17. At the end of 2023 the company had a P/E ratio of 21.73.
P/E ratio history for Spring Airlines Co., Ltd. from 2011 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 17.17 | -30.62% |
| 2024 | 24.75 | 13.89% |
| 2023 | 21.73 | -211.62% |
| 2022 | -19.47 | -101.46% |
| 2021 | 1.33K | -1,641.62% |
| 2020 | -86.33 | -495.14% |
| 2019 | 21.85 | 14.74% |
| 2018 | 19.04 | -21.28% |
| 2017 | 24.19 | -21.65% |
| 2016 | 30.87 | -14.97% |
| 2015 | 36.31 | 308.06% |
| 2014 | 8.90 | -17.01% |
| 2013 | 10.72 | -14.75% |
| 2012 | 12.58 | -22.60% |
| 2011 | 16.25 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 15.21 | -11.44% |
US
|
|
| - | - |
ES
|
|
| 9.23 | -46.24% |
US
|
|
| - | - |
IE
|
|
| - | - |
TH
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.