Spring Airlines Co Ltd
Spring Airlines Co., Ltd. engages in the air passenger and cargo transportation business in Mainland China, Hong Kong, Macao, Taiwan, and internationally. The company also provides air mail and luggage transportation, and extended services; general aviation; inter-city-chartered passenger transportation; inter-city and county fixed-route tourist passenger transportation; and accident, travel, and… Read more
Spring Airlines Co Ltd (601021) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.145x
Based on the latest financial reports, Spring Airlines Co Ltd (601021) has a cash flow conversion efficiency ratio of 0.145x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥2.64 Billion) by net assets (CN¥18.18 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Spring Airlines Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Spring Airlines Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Spring Airlines Co Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Spring Airlines Co Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
KBC Ancora
BR:KBCA
|
0.084x |
|
Varonis Systems, Inc.
LSE:0VOU
|
0.041x |
|
D’Ieteren NV
LSE:0ON7
|
0.013x |
|
Polaris Industries Inc
NYSE:PII
|
0.213x |
|
NRGIY
PINK:NRGIY
|
0.026x |
|
Old Mutual Limited
PINK:ODMUF
|
0.183x |
|
INDUSTRIAS CH-B (AKQ.SG)
STU:AKQ
|
-0.022x |
|
Four Corners Property Trust Inc
NYSE:FCPT
|
0.029x |
Annual Cash Flow Conversion Efficiency for Spring Airlines Co Ltd (2011–2024)
The table below shows the annual cash flow conversion efficiency of Spring Airlines Co Ltd from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥17.38 Billion | CN¥5.89 Billion | 0.339x | -20.20% |
| 2023-12-31 | CN¥15.75 Billion | CN¥6.69 Billion | 0.425x | +1226.86% |
| 2022-12-31 | CN¥13.69 Billion | CN¥438.62 Million | 0.032x | -73.84% |
| 2021-12-31 | CN¥13.75 Billion | CN¥1.68 Billion | 0.122x | +110.31% |
| 2020-12-31 | CN¥14.18 Billion | CN¥825.76 Million | 0.058x | -74.51% |
| 2019-12-31 | CN¥15.04 Billion | CN¥3.44 Billion | 0.228x | +5.12% |
| 2018-12-31 | CN¥13.32 Billion | CN¥2.90 Billion | 0.217x | -20.08% |
| 2017-12-31 | CN¥8.46 Billion | CN¥2.30 Billion | 0.272x | -2.36% |
| 2016-12-31 | CN¥7.32 Billion | CN¥2.04 Billion | 0.279x | +13.11% |
| 2015-12-31 | CN¥6.54 Billion | CN¥1.61 Billion | 0.246x | -18.72% |
| 2014-12-31 | CN¥3.55 Billion | CN¥1.08 Billion | 0.303x | -45.92% |
| 2013-12-31 | CN¥2.74 Billion | CN¥1.54 Billion | 0.560x | +31.36% |
| 2012-12-31 | CN¥2.07 Billion | CN¥884.01 Million | 0.426x | -11.49% |
| 2011-12-31 | CN¥1.45 Billion | CN¥697.86 Million | 0.482x | -- |