---
title: "Spring Airlines Co., Ltd. (601021.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/601021.SH.md"
symbol: "601021.SH"
name: "Spring Airlines Co., Ltd."
industry: "Passenger Airlines"
datetime: "2026-05-19T23:50:43.959Z"
locales:
  - [en](https://longbridge.com/en/quote/601021.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/601021.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/601021.SH.md)
---

# Spring Airlines Co., Ltd. (601021.SH)

## Company Overview

Spring Airlines Co., Ltd. engages in the air passenger and cargo transportation business in Mainland China, Hong Kong, Macao, Taiwan, and internationally. The company provides air mail and baggage transportation, and related services; general aviation; intercity charter passenger transportation; inter-city and county fixed-route tourist passenger transportation; and accident, travel, and flight delay and cancellation insurance products. It also engages in the import and export business of goods and technologies; advertising; e-commerce; training; business; financial leasing; and rental activities.

| Item | Detail |
|------|--------|
| Industry | Passenger Airlines |
| Exchange | CN Market |
| Website | [www.ch.com](https://www.ch.com) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.42)**

**Industry**: Passenger Airlines

| Metric | Value |
|--------|-------|
| Industry Ranking | 5 / 8 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 10.24% |  |
| Net Profit YoY | 22.56% |  |
| P/B Ratio | 2.32 |  |
| Dividend Ratio | 2.81% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 43259688561.37 |  |
| Revenue | 22191132356.89 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 14.40% | B |
| Profit Margin | 11.81% | B |
| Gross Margin | 20.05% | D |
| Revenue YoY | 10.24% | B |
| Net Profit YoY | 22.56% | B |
| Total Assets YoY | 6.57% | B |
| Net Assets YoY | 4.80% | C |
| Cash Flow Margin | 297.74% | A |
| OCF YoY | 10.24% | B |
| Turnover | 0.47 | C |
| Gearing Ratio | 61.50% | D |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Spring Airlines Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "10.24%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "22.56%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "2.32",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "2.81%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "43259688561.37",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "22191132356.89",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "14.40%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "11.81%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "20.05%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "10.24%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "22.56%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "6.57%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "4.80%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "297.74%",
          "rating": "A"
        },
        {
          "name": "OCF YoY",
          "value": "10.24%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "0.47",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "61.50%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 17.00 | 2/8 | 27.23 | 25.25 | 23.89 |
| PB | 2.39 | 2/8 | 3.09 | 2.98 | 2.68 |
| PS (TTM) | 2.01 | 8/8 | 2.71 | 2.59 | 2.34 |
| Dividend Yield | 2.73% | 1/8 | 2.60% | 2.20% | 1.52% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Air China (601111.SH) | C | B | C | E | B | C |
| 02 | CSN (600029.SH) | C | B | C | E | B | C |
| 03 | CEA (600115.SH) | D | B | C | E | A | C |
| 04 | Hainan Airlines Holding (600221.SH) | B | B | C | E | B | C |
| 05 | SA (601021.SH) | B | B | C | D | B | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-18T16:00:00.000Z

Total Analysts: **15**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 10 | 67% |
| Overweight | 4 | 27% |
| Hold | 1 | 7% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 45.58 |
| Highest Target | 69.40 |
| Lowest Target | 45.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/601021.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/601021.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/601021.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/601021.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**