Spring Airlines Co., Ltd.

Shanghai Stock Exchange 601021.SS

Spring Airlines Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2023: 5.10%

Spring Airlines Co., Ltd. Return on Assets (ROA) is 5.10% for the year ending December 31, 2023, a 172.98% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Spring Airlines Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2022 was -6.99%, a -6,950.30% change year over year.
Spring Airlines Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2021 was 0.10%, a 105.60% change year over year.
Spring Airlines Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2020 was -1.82%, a -129.08% change year over year.
Spring Airlines Co., Ltd. Return on Assets (ROA) for the year ending December 31, 2019 was 6.27%, a 10.86% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Shanghai Stock Exchange: 601021.SS

Spring Airlines Co., Ltd.

CEO	Mr. Wang Zhi Jie
IPO Date	Jan. 21, 2015
Location	China
Headquarters	No.1558, Dingxi Road
Employees	9,777
Sector	Consumer Discretionary
Industries Airlines Air Freight

Description

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.

Key trends

Past 5 years