Spring Airlines Co Ltd (601021) - Cash Flow Conversion Efficiency

Latest 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 ≈ $386.87 Million USD) by net assets (CN¥18.18 Billion ≈ $2.66 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 601021 net asset quality index to measure how much of total assets are equity-financed.

Spring Airlines Co Ltd - Cash Flow Conversion Efficiency Trend (2011–2025)

This chart illustrates how Spring Airlines Co Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Spring Airlines Co Ltd to evaluate the quality of earnings relative to operating cash generation.

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
ENN Energy Holdings Limited F:XGH	0.037x
Grupo Financiero Galicia S.A F:GF4	-0.138x
NH Investment & Securities Co Ltd KO:005940	-0.481x
Jiangsu Etern Co Ltd SHG:600105	0.016x
Shandong Hualu Hengsheng Chemical Co Ltd SHG:600426	0.026x
Unicaja Banco SA MC:UNI	0.006x
Eagle Materials Inc NYSE:EXP	0.069x
Lumen Technologies Inc NYSE:LUMN	0.114x

Annual Cash Flow Conversion Efficiency for Spring Airlines Co Ltd (2011–2025)

The table below shows the annual cash flow conversion efficiency of Spring Airlines Co Ltd from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see 601021 market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥18.16 Billion ≈ $2.66 Billion	CN¥6.62 Billion ≈ $969.21 Million	0.365x	+7.52%
2024-12-31	CN¥17.38 Billion ≈ $2.54 Billion	CN¥5.89 Billion ≈ $862.62 Million	0.339x	-20.20%
2023-12-31	CN¥15.75 Billion ≈ $2.30 Billion	CN¥6.69 Billion ≈ $979.57 Million	0.425x	+1226.86%
2022-12-31	CN¥13.69 Billion ≈ $2.00 Billion	CN¥438.62 Million ≈ $64.18 Million	0.032x	-73.84%
2021-12-31	CN¥13.75 Billion ≈ $2.01 Billion	CN¥1.68 Billion ≈ $246.36 Million	0.122x	+110.31%
2020-12-31	CN¥14.18 Billion ≈ $2.08 Billion	CN¥825.76 Million ≈ $120.83 Million	0.058x	-74.51%
2019-12-31	CN¥15.04 Billion ≈ $2.20 Billion	CN¥3.44 Billion ≈ $502.84 Million	0.228x	+5.12%
2018-12-31	CN¥13.32 Billion ≈ $1.95 Billion	CN¥2.90 Billion ≈ $423.75 Million	0.217x	-20.08%
2017-12-31	CN¥8.46 Billion ≈ $1.24 Billion	CN¥2.30 Billion ≈ $336.81 Million	0.272x	-2.36%
2016-12-31	CN¥7.32 Billion ≈ $1.07 Billion	CN¥2.04 Billion ≈ $298.48 Million	0.279x	+13.11%
2015-12-31	CN¥6.54 Billion ≈ $956.98 Million	CN¥1.61 Billion ≈ $235.64 Million	0.246x	-18.72%
2014-12-31	CN¥3.55 Billion ≈ $519.96 Million	CN¥1.08 Billion ≈ $157.51 Million	0.303x	-45.92%
2013-12-31	CN¥2.74 Billion ≈ $401.39 Million	CN¥1.54 Billion ≈ $224.82 Million	0.560x	+31.36%
2012-12-31	CN¥2.07 Billion ≈ $303.38 Million	CN¥884.01 Million ≈ $129.36 Million	0.426x	-11.49%
2011-12-31	CN¥1.45 Billion ≈ $211.98 Million	CN¥697.86 Million ≈ $102.12 Million	0.482x	--

About Spring Airlines Co Ltd

SHG:601021 China Airlines

Market Cap

$6.65 Billion

CN¥45.46 Billion CNY

Market Cap Rank

#2944 Global

#354 in China

Share Price

CN¥46.47

Change (1 day)

-1.75%

52-Week Range

CN¥43.66 - CN¥59.82

All Time High

CN¥68.58