Spring Airlines Co Ltd (601021) - Total Liabilities

Latest as of September 2025: CN¥28.35 Billion CNY ≈ $4.15 Billion USD

Based on the latest financial reports, Spring Airlines Co Ltd (601021) has total liabilities worth CN¥28.35 Billion CNY (≈ $4.15 Billion USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore 601021 cash flow metrics to assess how effectively this company generates cash.

Spring Airlines Co Ltd - Total Liabilities Trend (2011–2024)

This chart illustrates how Spring Airlines Co Ltd's total liabilities have evolved over time, based on quarterly financial data. Check Spring Airlines Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Spring Airlines Co Ltd Competitors by Total Liabilities

The table below lists competitors of Spring Airlines Co Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
Brookfield Business Corp NYSE:BBUC	USA	$14.30 Billion
CAR Group Ltd AU:CAR	Australia	AU$1.89 Billion
Yes Bank Limited NSE:YESBANK	India	Rs3.63 Trillion
Linde India Limited NSE:LINDEINDIA	India	Rs13.75 Billion
Morningstar Inc NASDAQ:MORN	USA	$2.37 Billion
Gaztransport & Technigaz SAS PA:GTT	France	€353.99 Million

Liability Composition Analysis (2011–2024)

This chart breaks down Spring Airlines Co Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see 601021 market cap.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.07	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	1.56	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.61	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Spring Airlines Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Spring Airlines Co Ltd (2011–2024)

The table below shows the annual total liabilities of Spring Airlines Co Ltd from 2011 to 2024.

Year	Total Liabilities	Change
2024-12-31	CN¥26.45 Billion ≈ $3.87 Billion	-7.14%
2023-12-31	CN¥28.49 Billion ≈ $4.17 Billion	-4.17%
2022-12-31	CN¥29.73 Billion ≈ $4.35 Billion	+20.97%
2021-12-31	CN¥24.57 Billion ≈ $3.60 Billion	+34.65%
2020-12-31	CN¥18.25 Billion ≈ $2.67 Billion	+27.39%
2019-12-31	CN¥14.33 Billion ≈ $2.10 Billion	+8.11%
2018-12-31	CN¥13.25 Billion ≈ $1.94 Billion	+9.16%
2017-12-31	CN¥12.14 Billion ≈ $1.78 Billion	-1.50%
2016-12-31	CN¥12.32 Billion ≈ $1.80 Billion	+29.86%
2015-12-31	CN¥9.49 Billion ≈ $1.39 Billion	+23.11%
2014-12-31	CN¥7.71 Billion ≈ $1.13 Billion	+57.04%
2013-12-31	CN¥4.91 Billion ≈ $718.25 Million	-0.40%
2012-12-31	CN¥4.93 Billion ≈ $721.12 Million	+45.21%
2011-12-31	CN¥3.39 Billion ≈ $496.62 Million	--

About Spring Airlines Co Ltd

SHG:601021 China Airlines

Market Cap

$6.75 Billion

CN¥46.16 Billion CNY

Market Cap Rank

#2942 Global

#391 in China

Share Price

CN¥47.18

Change (1 day)

-0.04%

52-Week Range

CN¥43.66 - CN¥59.93

All Time High

CN¥68.58