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. Also see 601021 market cap overview for the company's overall valuation and market capitalisation.

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.

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. Explore 601021 cash flow quality score to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Hunan Yuneng New Energy Battery Material Co. Ltd. A SHE:301358	N/A
Nexans S.A. PA:NEX	0.212x
PrairieSky Royalty Ltd TO:PSK	0.048x
CAVA Group, Inc. NYSE:CAVA	0.052x
The Swatch Group AG F:UHRA	0.012x
Liquidia Technologies Inc NASDAQ:LQDA	0.411x
Ormat Technologies Inc NYSE:ORA	0.018x
Gates Industrial Corporation plc NYSE:GTES	0.073x

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. View 601021 share price today for real-time trading data and today's change.

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

$6.00 Billion

CN¥40.99 Billion CNY

Market Cap Rank

#3186 Global

#407 in China

Share Price

CN¥41.90

Change (1 day)

+0.22%

52-Week Range

CN¥41.75 - CN¥59.82

All Time High

CN¥68.58