Spring Airlines Ratios and Metrics

Market cap in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 7, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	46,054	57,787	56,333	49,026	62,747	52,055
Market Cap Growth	-4.37%	2.58%	14.90%	-21.87%	20.54%	2.47%
Enterprise Value	59,901	68,948	65,464	59,696	79,249	64,120
Last Close Price	47.91	59.50	56.34	48.43	61.98	54.80
PE Ratio	17.70	24.94	24.78	21.72	-	1330.93
Forward PE	19.68	19.14	17.99	15.96	43.41	35.06
PS Ratio	2.07	2.69	2.82	2.73	7.50	4.79
PB Ratio	2.47	3.18	3.24	3.11	4.58	3.79
P/TBV Ratio	2.57	3.31	3.38	3.27	4.85	4.01
P/FCF Ratio	64.99	198.16	-	14.05	-	-
P/OCF Ratio	5.90	8.73	9.56	7.32	143.06	30.92
PEG Ratio	-	3.62	3.62	3.62	3.62	3.62
EV/Sales Ratio	2.70	3.21	3.27	3.33	9.47	5.91
EV/EBITDA Ratio	8.84	12.50	13.71	14.01	-	52.90
EV/EBIT Ratio	16.17	20.87	22.45	20.93	-	613.60
EV/FCF Ratio	84.53	236.44	-	17.11	-	-
Debt / Equity Ratio	1.19	1.14	1.11	1.39	1.80	1.47
Debt / EBITDA Ratio	3.28	3.28	3.42	4.20	-	8.90
Debt / FCF Ratio	31.32	70.70	-	6.29	-	-
Net Debt / Equity Ratio	0.74	0.65	0.52	0.66	1.05	0.94
Net Debt / EBITDA Ratio	2.31	2.14	1.90	2.43	-8.45	10.63
Net Debt / FCF Ratio	19.54	40.42	-6.88	2.97	-3.47	-2.85
Asset Turnover	0.47	0.47	0.45	0.41	0.21	0.31
Inventory Turnover	51.95	27.25	29.15	43.61	59.72	52.55
Quick Ratio	0.68	0.79	1.18	0.94	0.82	0.82
Current Ratio	0.78	0.91	1.33	1.01	0.88	0.90
Return on Equity (ROE)	14.40%	13.04%	13.72%	15.33%	-22.13%	0.27%
Return on Assets (ROA)	4.93%	4.55%	4.14%	4.07%	-4.52%	0.18%
Return on Invested Capital (ROIC)	9.07%	8.96%	9.51%	9.00%	-10.82%	0.48%
Return on Capital Employed (ROCE)	10.50%	9.40%	8.40%	9.10%	-9.90%	0.40%
Earnings Yield	5.70%	4.01%	4.04%	4.61%	-4.84%	0.07%
FCF Yield	1.54%	0.51%	-2.34%	7.12%	-6.59%	-8.68%
Dividend Yield	2.21%	1.61%	1.46%	1.44%	-	-
Payout Ratio	62.25%	71.05%	51.32%	24.50%	-	1223.31%
Buyback Yield / Dilution	1.00%	0.40%	0.06%	-6.22%	5.90%	-6.35%
Total Shareholder Return	3.24%	2.01%	1.51%	-4.77%	5.90%	-6.35%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.