ScoreWhy is Spring Airlines Co., Ltd. ?
1
With ROE of 11.87%, it has a very attractive valuation with a 2.99 Price to Book Value
- Over the past year, while the stock has generated a return of -2.93%, its profits have fallen by -24.3%
- At the current price, the company has a high dividend yield of 1.5
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Spring Airlines Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Airline should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Airline)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Spring Airlines Co., Ltd. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Spring Airlines Co., Ltd.
-16.18%
-0.46
24.10%
China Shanghai Composite
23.91%
1.58
14.20%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
19.25%
EBIT Growth (5y)
29.12%
EBIT to Interest (avg)
-0.74
Debt to EBITDA (avg)
5.32
Net Debt to Equity (avg)
0.57
Sales to Capital Employed (avg)
0.55
Tax Ratio
19.49%
Dividend Payout Ratio
40.30%
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
2.97%
ROE (avg)
5.70%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
2.15
EV to EBIT
21.33
EV to EBITDA
10.94
EV to Capital Employed
1.69
EV to Sales
2.37
PEG Ratio
0.66
Dividend Yield
3.05%
ROCE (Latest)
7.92%
ROE (Latest)
14.07%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend10What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 8,028.47 MM
RAW MATERIAL COST(Y)
Fallen by -24.19% (YoY
PRE-TAX PROFIT(Q)
At CNY 1,292.57 MM has Grown at 70.7%
NET PROFIT(Q)
At CNY 982.83 MM has Grown at 69.67%
-5What is not working for the Company
INVENTORY TURNOVER RATIO(HY)
Lowest at 51.95 times
INTEREST(Q)
At CNY 124.68 MM has Grown at 12.93%
DEBT-EQUITY RATIO
(HY)
Highest at 79.77 %
Here's what is working for Spring Airlines Co., Ltd.
Operating Cash Flow
Highest at CNY 8,028.47 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Pre-Tax Profit
At CNY 1,292.57 MM has Grown at 70.7%
over average net sales of the previous four periods of CNY 757.21 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Net Profit
At CNY 982.83 MM has Grown at 69.67%
over average net sales of the previous four periods of CNY 579.26 MMMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
Raw Material Cost
Fallen by -24.19% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Spring Airlines Co., Ltd.
Interest
At CNY 124.68 MM has Grown at 12.93%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Inventory Turnover Ratio
Lowest at 51.95 times and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debt-Equity Ratio
Highest at 79.77 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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