Spring Airlines Co., Ltd. (SHA:601021)

Spring Airlines Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	9,355	8,830	10,224	11,583	10,208	7,260
Trading Asset Securities	0.01	0.02	0.02	0.01	138.35	2.91
Cash & Short-Term Investments	9,355	8,830	10,224	11,583	10,347	7,263
Cash Growth	-8.82%	-13.63%	-11.73%	11.95%	42.45%	-20.98%
Accounts Receivable	159.98	118.37	125.59	180.38	105.25	98.46
Other Receivables	506.42	402.99	326.39	302.9	527.56	585.82
Receivables	666.4	521.36	451.98	483.29	632.81	684.28
Inventory	355.02	703	657.87	536.86	174.79	213.4
Other Current Assets	1,367	653.57	679.12	376.8	691.48	552.93
Total Current Assets	11,744	10,708	12,013	12,980	11,846	8,714
Property, Plant & Equipment	35,831	33,209	28,876	28,142	27,995	26,307
Long-Term Investments	548.02	837.4	952.26	867.52	1,133	1,022
Other Intangible Assets	710.41	719.32	733.33	751.08	765.2	781.96
Long-Term Deferred Tax Assets	498.02	476.94	599.59	817.78	1,018	586
Long-Term Deferred Charges	522.26	513.36	498.45	508.07	411.39	384.77
Other Long-Term Assets	1,716	413.07	162.17	172.26	251.29	524.53
Total Assets	51,570	46,877	43,835	44,238	43,420	38,320

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1,835	1,512	620.72	227.11	367.25	330.82
Accrued Expenses	2,068	2,719	2,050	2,244	1,650	981.4
Short-Term Debt	2,320	1,062	628.93	4,190	5,405	4,484
Current Portion of Long-Term Debt	5,242	3,678	2,710	3,239	4,038	1,954
Current Portion of Leases	583.1	873	816.9	1,053	1,041	934.69
Current Income Taxes Payable	70.18	63.81	57.48	35.98	29.15	38.3
Current Unearned Revenue	1,457	1,368	1,669	1,312	635.98	550.52
Other Current Liabilities	2,976	539.63	495.73	495.1	280.23	401.29
Total Current Liabilities	16,550	11,816	9,049	12,796	13,446	9,675
Long-Term Debt	12,158	13,140	13,812	11,100	10,896	9,472
Long-Term Leases	3,520	1,865	1,330	2,347	3,324	3,306
Long-Term Deferred Tax Liabilities	5.07	6.97	16.32	33.29	43.49	39.29
Other Long-Term Liabilities	1,641	1,885	2,247	2,212	2,017	2,081
Total Liabilities	33,875	28,713	26,454	28,488	29,727	24,573

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	978.33	978.33	978.55	978.55	978.55	916.46
Additional Paid-In Capital	7,785	7,785	7,793	7,792	7,791	4,881
Retained Earnings	10,338	9,800	8,670	7,081	4,823	7,859
Treasury Stock	-1,336	-542.96	-110.57	-74.28	-72.23	-
Comprehensive Income & Other	-69.85	143.53	49.78	-27.29	172.09	90.27
Total Common Equity	17,695	18,164	17,381	15,750	13,693	13,747
Shareholders' Equity	17,695	18,164	17,381	15,750	13,693	13,747
Total Liabilities & Equity	51,570	46,877	43,835	44,238	43,420	38,320

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	23,823	20,618	19,298	21,929	24,704	20,151
Net Cash (Debt)	-14,468	-11,788	-9,074	-10,347	-14,357	-12,887
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-14.94	-12.12	-9.29	-10.59	-15.60	-13.18
Filing Date Shares Outstanding	950.63	961.27	972.72	977.1	937.4	916.46
Total Common Shares Outstanding	951.35	968	976.82	977.1	937.4	916.46
Working Capital	-4,806	-1,108	2,964	183.77	-1,601	-960.79
Book Value Per Share	18.60	18.76	17.79	16.12	14.61	15.00
Tangible Book Value	16,985	17,444	16,648	14,999	12,928	12,965
Tangible Book Value Per Share	17.85	18.02	17.04	15.35	13.79	14.15
Buildings	1,084	1,087	884.98	80.04	-	-
Machinery	39,300	37,114	33,066	26,419	23,555	21,662
Construction In Progress	3,642	3,442	2,213	6,214	6,895	5,400

Data Source: S&P Global Market Intelligence Last updated: Aug 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 16, 2026

Data Sources Report a data error