Spring Airlines Co., Ltd.
Shanghai Stock ExchangeTotal Valuation
Spring Airlines Co., Ltd. carries a market capitalization of 46.85B, placing it among publicly traded companies globally. Its enterprise value stands at 65.32B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 46.85B |
| Enterprise Value | 65.32B |
Share Statistics
Spring Airlines Co., Ltd. currently has 978.33M shares outstanding.
| Shares Outstanding | 978.33M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Spring Airlines Co., Ltd. trades at a trailing price-to-earnings ratio of 26.24. The price-to-sales ratio is 2.67, and the price-to-book ratio stands at 5.73.
| PE Ratio | 26.24 |
| PS Ratio | 2.67 |
| PB Ratio | 5.73 |
| P/TBV Ratio | 3.25 |
| P/FCF Ratio | 9.36 |
| P/OCF Ratio | N/A |
Enterprise Valuation
On an enterprise value basis, Spring Airlines Co., Ltd. trades at an EV/EBITDA multiple of 21.65 and an EV/FCF ratio of 10.48. The EV/Sales ratio of 3.20 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 21.65 provides insight into valuation relative to core operating earnings.
| EV / Sales | 3.20 |
| EV / EBITDA | 21.65 |
| EV / EBIT | 21.65 |
| EV / FCF | 10.48 |
Financial Position
Spring Airlines Co., Ltd. maintains a current ratio of 1.15, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 119.64, indicating elevated leverage, while an interest coverage ratio of 5.85 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 1.15 |
| Quick Ratio | 0.98 |
| Debt / Equity | 119.64 |
| Debt / EBITDA | 6.95 |
| Interest Coverage | 5.85 |
Financial Efficiency
Spring Airlines Co., Ltd. posts a return on equity of 23.41 and a return on invested capital of 6.20.
| Return on Equity (ROE) | 23.41 |
| Return on Assets (ROA) | 4.70 |
| Return on Invested Capital (ROIC) | 6.20 |
| Return on Capital Employed (ROCE) | 8.55 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 59.62 |
Taxes
Over the trailing twelve months, Spring Airlines Co., Ltd. has paid 611.38M in income taxes, reflecting an effective tax rate of 22.71.
| Income Tax | 611.38M |
| Effective Tax Rate | 22.71 |
Stock Price Statistics
Spring Airlines Co., Ltd.'s stock has declined approximately -13.1641% over the past 52 weeks. The 50-day moving average sits at 46.70, while the 200-day moving average is 52.01.
| Beta (5Y) | N/A |
| 52-Week Price Change | -13.1641% |
| 50-Day Moving Average | 46.70 |
| 200-Day Moving Average | 52.01 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Spring Airlines Co., Ltd. generated 20.43B in revenue and converted that into 2.08B in net income, yielding earnings per share of 2.12. EBITDA reached 3.02B, while operating income came in at 3.02B.
| Revenue | 20.43B |
| Gross Profit | 2.54B |
| Operating Income | 3.02B |
| Pretax Income | 2.69B |
| Net Income | 2.08B |
| EBITDA | 3.02B |
| EBIT | 3.02B |
| Earnings Per Share (EPS) | 2.12 |
Balance Sheet
Spring Airlines Co., Ltd. holds 10.26B in cash and equivalents against 20.97B in total debt, resulting in a net debt position of 4.21B. Total book value stands at 9.53B, with working capital of 1.61B providing operational flexibility.
| Cash & Cash Equivalents | 10.26B |
| Total Debt | 20.97B |
| Net Debt | 4.21B |
| Equity (Book Value) | 9.53B |
| Book Value Per Share | 9.71 |
| Working Capital | 1.61B |
Cash Flow
After subtracting -5.83B in capital expenditures, free cash flow totaled -5.83B - equivalent to -5.94 per share.
| Operating Cash Flow | N/A |
| Capital Expenditures | -5.83B |
| Free Cash Flow | -5.83B |
| FCF Per Share | -5.94 |
Margins
Spring Airlines Co., Ltd. operates with a gross margin of 12.44, reflecting its pricing power and cost economics. The operating margin of 14.77 and net profit margin of 10.19 provide insight into operational efficiency.
| Gross Margin | 12.44 |
| Operating Margin | 14.77 |
| Pretax Margin | 13.18 |
| Profit Margin | 10.19 |
| EBITDA Margin | 14.77 |
Dividends & Yields
The company's payout ratio of 54.19 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.15 |
| Dividend Yield | N/A |
| Payout Ratio | 54.19 |
| Shareholder Yield | -1.62 |
| FCF Yield | 10.68 |
Stock Splits
Spring Airlines Co., Ltd.'s most recent stock split took place on October 21, 2015 with a 1:2 split ratio.
| Last Split Date | 10/21/2015 |
| Split Ratio | 1:2 |
Scores
Spring Airlines Co., Ltd. posts an Altman Z-Score of 2.11, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 2.11 |