Earnings Alerts

Spring Airlines (601021) Earnings: 1H Net Income Hits 1.36B Yuan on 9.88B Revenue

  • Net Income: Spring Airlines reported a net income of 1.36 billion yuan for the first half of 2024.
  • Revenue: The company’s revenue reached 9.88 billion yuan during the same period.
  • Analyst Opinions: The investment outlook is highly positive with 28 buy recommendations, and no hold or sell recommendations.

A look at Spring Airlines Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores analysis, Spring Airlines shows a promising long-term outlook. With high scores in Growth (5) and Momentum (4), the company is positioned for strong future expansion and market performance. The excellent Growth score indicates the potential for significant business development and revenue growth in the coming years, while the Momentum score suggests positive market trends and investor interest in the company. Although the Value and Resilience scores are moderate at 2, Spring Airlines’ overall outlook remains positive.

Spring Airlines Co., Ltd. is a company that provides various air transportation services, including domestic and international flights, cargo transportation, ticket home delivery, insurance transactions, and other related services. With a focus on growth and a solid market momentum, the company appears to be well-positioned for success in the aviation industry in the long term, despite some moderate scores in areas such as Value and Resilience. Investors may view Spring Airlines as a company with strong growth potential and market performance based on the Smartkarma Smart Scores evaluation.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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