Spring Airlines Co Ltd (601021) — Financial Flexibility Index

Latest as of September 2025: 0.17x

Spring Airlines Co Ltd (601021) has a Financial Flexibility Index of 0.17x as of September 2025. Free cash flow of CN¥4.74 Billion (operating CF CN¥2.64 Billion minus capex CN¥2.10 Billion) represents 0% of total liabilities (CN¥28.35 Billion). Check Spring Airlines Co Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.17x
Free Cash Flow / Total Liabilities

Free Cash Flow

CN¥4.74 Billion
Operating CF − Capex

Total Liabilities

CN¥28.35 Billion
CNY

Capital Expenditures

CN¥2.10 Billion
CNY

Spring Airlines Co Ltd Financial Flexibility Index (2011–2025)

Historical Financial Flexibility Index trend for Spring Airlines Co Ltd across 15 annual periods. For the full cash flow conversion analysis, see 601021 cash flow conversion.

Annual Financial Flexibility Index for Spring Airlines Co Ltd (2011–2025)

Year-by-year free cash flow to debt coverage for Spring Airlines Co Ltd. Explore how well can Spring Airlines Co Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CNY) Operating CF Total Liabilities YoY Change
2025 0.45x CN¥12.96 Billion CN¥6.62 Billion CN¥28.71 Billion ▼ -8.9%
2024 0.50x CN¥13.11 Billion CN¥5.89 Billion CN¥26.45 Billion ▲ +42.6%
2023 0.35x CN¥9.90 Billion CN¥6.69 Billion CN¥28.49 Billion ▲ +106.1%
2022 0.17x CN¥5.01 Billion CN¥438.62 Million CN¥29.73 Billion ▼ -47.5%
2021 0.32x CN¥7.88 Billion CN¥1.68 Billion CN¥24.57 Billion ▲ +12.8%
2020 0.28x CN¥5.19 Billion CN¥825.76 Million CN¥18.25 Billion ▼ -53.6%
2019 0.61x CN¥8.78 Billion CN¥3.44 Billion CN¥14.33 Billion ▲ +33.8%
2018 0.46x CN¥6.07 Billion CN¥2.90 Billion CN¥13.25 Billion ▲ +14.5%
2017 0.40x CN¥4.86 Billion CN¥2.30 Billion CN¥12.14 Billion ▼ -28.2%
2016 0.56x CN¥6.87 Billion CN¥2.04 Billion CN¥12.32 Billion ▼ -13.1%
2015 0.64x CN¥6.09 Billion CN¥1.61 Billion CN¥9.49 Billion ▲ +39.9%
2014 0.46x CN¥3.53 Billion CN¥1.08 Billion CN¥7.71 Billion ▼ -0.4%
2013 0.46x CN¥2.26 Billion CN¥1.54 Billion CN¥4.91 Billion ▲ +12.1%
2012 0.41x CN¥2.02 Billion CN¥884.01 Million CN¥4.93 Billion ▼ -0.1%
2011 0.41x CN¥1.40 Billion CN¥697.86 Million CN¥3.39 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities