Spring Airlines Co Ltd (601021) — Cash Flow Quality Index
Spring Airlines Co Ltd (601021) has a Cash Flow Quality Index of 2.27x as of September 2025. Operating cash flow of CN¥2.64 Billion exceeds net income of CN¥1.17 Billion, indicating high earnings quality where cash backs reported profits. Explore 601021 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Spring Airlines Co Ltd Cash Flow Quality Index (2011–2025)
Historical Cash Flow Quality Index for Spring Airlines Co Ltd across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Spring Airlines Co Ltd generate cash.
Annual Cash Flow Quality Index for Spring Airlines Co Ltd (2011–2025)
Year-by-year earnings quality comparison for Spring Airlines Co Ltd.
| Year | Quality Index | Operating CF (CNY) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.86x | CN¥6.62 Billion | CN¥2.32 Billion | ▲ +10.2% |
| 2024 | 2.59x | CN¥5.89 Billion | CN¥2.27 Billion | ▼ -12.5% |
| 2023 | 2.97x | CN¥6.69 Billion | CN¥2.26 Billion | ▼ -93.1% |
| 2021 | 43.04x | CN¥1.68 Billion | CN¥39.11 Million | ▲ +2206.1% |
| 2019 | 1.87x | CN¥3.44 Billion | CN¥1.84 Billion | ▼ -3.1% |
| 2018 | 1.93x | CN¥2.90 Billion | CN¥1.50 Billion | ▲ +5.6% |
| 2017 | 1.82x | CN¥2.30 Billion | CN¥1.26 Billion | ▼ -15.0% |
| 2016 | 2.15x | CN¥2.04 Billion | CN¥950.52 Million | ▲ +77.0% |
| 2015 | 1.21x | CN¥1.61 Billion | CN¥1.33 Billion | ▼ -0.4% |
| 2014 | 1.22x | CN¥1.08 Billion | CN¥884.18 Million | ▼ -42.0% |
| 2013 | 2.10x | CN¥1.54 Billion | CN¥732.23 Million | ▲ +48.2% |
| 2012 | 1.42x | CN¥884.01 Million | CN¥624.59 Million | ▼ -2.0% |
| 2011 | 1.44x | CN¥697.86 Million | CN¥483.19 Million | — |