Spring Competitors

601021 Stock

57.98 1.46 2.46%

Spring Airlines competes with TongFu Microelectronics, Guangdong Shenglu, Shanghai Zhangjiang, Guangzhou Haige, and Semiconductor Manufacturing; as well as few others. The company operates under Passenger Airlines sector and is part of Industrials industry. Analyzing Spring Airlines competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Spring Airlines to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Spring Airlines Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Spring Airlines competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
55.22	57.69	60.16

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Intrinsic

Valuation

Low	Real	High
45.00	47.47	63.78

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Naive

Forecast

Low	Next	High
56.51	58.97	61.44

Details

Earnings

Estimates (0)

Low	Projected EPS	High
0.00	0.00	0.00

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Spring Airlines. Your research has to be compared to or analyzed against Spring Airlines' peers to derive any actionable benefits. When done correctly, Spring Airlines' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Spring Airlines.

Spring Airlines Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Spring Airlines and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Spring and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Spring Airlines does not affect the price movement of the other competitor.

	002156	002446	600895	002465	688469	002591	600498	900941
002156		0.9	0.92	0.94	0.93	0.84	0.91	0.84	002156
002446	0.9		0.96	0.97	0.97	0.97	0.99	0.97	002446
600895	0.92	0.96		0.95	0.94	0.95	0.97	0.94	600895
002465	0.94	0.97	0.95		0.98	0.93	0.97	0.96	002465
688469	0.93	0.97	0.94	0.98		0.93	0.97	0.95	688469
002591	0.84	0.97	0.95	0.93	0.93		0.97	0.95	002591
600498	0.91	0.99	0.97	0.97	0.97	0.97		0.97	600498
900941	0.84	0.97	0.94	0.96	0.95	0.95	0.97		900941
	002156	002446	600895	002465	688469	002591	600498	900941

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Spring Stock performing well and Spring Airlines Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Spring Airlines' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
002156	3.12	0.53	0.14	0.74	3.03	(3.59)	10.00	(5.77)	19.93
002446	2.53	0.40	0.09	(3.66)	2.76	(2.85)	5.22	(4.62)	18.81
600895	3.37	0.74	0.18	1.19	3.13	(3.84)	10.01	(5.50)	19.00
002465	2.48	0.42	0.10	(1.75)	2.56	(3.11)	6.58	(5.19)	18.89
688469	2.48	0.59	0.14	(27.98)	2.51	(3.11)	6.56	(3.80)	28.40
002591	2.15	0.53	0.10	(1.19)	3.06	(2.26)	4.22	(4.58)	17.87
600498	2.03	0.41	0.09	(0.98)	2.32	(2.34)	4.93	(4.17)	16.52
900941	1.92	0.35	0.07	25.50	1.79	(3.69)	5.56	(4.55)	12.89

Cross Equities Net Income Analysis

Compare Spring Airlines and related stocks such as TongFu Microelectronics, Guangdong Shenglu, and Shanghai Zhangjiang Net Income Over Time

	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
002156	37.8 M	49 M	37.8 M	60.7 M	120.8 M	147.3 M	180.8 M	122.1 M	126.9 M	19.1 M	338.4 M	956.7 M	502 M	169.4 M	183 M
002446	28.9 M	12.1 M	10 M	4.5 M	48.2 M	121.3 M	161.4 M	100.8 M	121.1 M	(756.5 M)	181.2 M	(212.1 M)	243.7 M	52.4 M	55 M
600895	175.8 M	467 M	370 M	372.5 M	436 M	481.6 M	726.6 M	467.5 M	544.3 M	582.8 M	1.8 B	740.6 M	822.2 M	947.9 M	608.9 M
002465	243.1 M	233.2 M	263.2 M	326.2 M	442.7 M	579.6 M	530.2 M	293.3 M	430.2 M	519.5 M	585.6 M	653.6 M	668.2 M	703 M	462.2 M
002591	17.9 M	52.5 M	25.4 M	31.7 M	5.9 M	(66.5 M)	14.1 M	14.7 M	34.9 M	84.6 M	(514.4 M)	18.4 M	(63.4 M)	(40.6 M)	(38.6 M)
600498	167.4 M	445.5 M	496.9 M	519.1 M	540.2 M	657.4 M	760.4 M	825 M	843.9 M	978.8 M	102.3 M	288 M	406.3 M	505.4 M	415 M
900941	169.8 M	169.8 M	169.8 M	169.8 M	169.8 M	169.8 M	91.6 M	118.2 M	127.4 M	131.7 M	103.5 M	116.2 M	134.9 M	152.8 M	140.1 M

Spring Airlines and related stocks such as TongFu Microelectronics, Guangdong Shenglu, and Shanghai Zhangjiang Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Spring Airlines financial statement analysis. It represents the amount of money remaining after all of Spring Airlines Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Spring Airlines Competitive Analysis

The better you understand Spring Airlines competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Spring Airlines' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Spring Airlines' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	601021	002156	002446	600895	002465	688469	002591	600498	900941
	2.46 57.98 Spring	6.99 29.66 TongFu	4.62 7.02 Guangdong	5.50 28.69 Shanghai	5.57 11.87 Guangzhou	1.13 5.25 Semiconductor	3.95 5.35 Jiangxi	4.87 17.98 Fiberhome	2.38 0.41 Eastern
Market Volatility (90 Days Market Risk)	Very steady	Not too volatile	Slightly risky	Not too volatile	Somewhat reliable	Relatively risky	Moderately volatile	Not too volatile	Abnormally volatile
Market Performance (90 Days Performance)	Good	Good	Good	Solid	Good	Good	Good	Good	Good
Odds of Financial Distress (Probability Of Bankruptcy)	Very Low	Low	Low	Low	Low	Above Average	Low	Very Low	Below Average
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Under Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Buy	Strong Sell	Strong Hold	Strong Sell	Cautious Hold	Strong Sell	Strong Sell	Cautious Hold
Net Asset	44.24 B	34.88 B	4.26 B	51 B	19.43 B	N/A	1.02 B	41.93 B	4.35 B
Profit Margin	0.11	0.0335	-0.0426	0.35	0.0856	-0.21	-0.0432	0.0192	0.0475
EBITDA	4.37 B	5.28 B	140.35 M	891.54 M	462.85 M	1.59 B	9.61 M	1.44 B	17.62 M
Operating Margin	0.28	0.0838	0.12	0.39	0.0658	0.32	-0.0124	0.0064	0.002
Current Valuation	65.87 B	54.63 B	5.83 B	70.36 B	27.46 B	44.53 B	1.59 B	24.7 B	1.58 B
Price To Book	3.2	3.11	1.96	3.54	2.32	3.09	2.34	1.59	1.07
Retained Earnings	6.59 B	2.68 B	42.33 M	7.46 B	3.18 B	N/A	(474.67 M)	4.92 B	1.1 B
Beta	0.75	0.57	-0.15	0.75	0.45	N/A	0.66	0.081	0.38
Number Of Employees	9.78 K	19.98 K	1.43 K	182	8.24 K	4.32 K	481	15.33 K	2.18 K
Shares Outstanding	978.55 M	1.52 B	915.32 M	1.55 B	2.48 B	7.05 B	300.2 M	1.18 B	300 M
Cash Flow From Operations	6.69 B	4.29 B	135.14 M	(2.79 B)	(268.86 M)	N/A	79.04 M	59.17 M	116.12 M
Annual Yield	N/A	4.0E-4	N/A	N/A	0.0114	N/A	N/A	N/A	N/A
Total Debt	3.78 B	3.86 B	122.47 M	733 M	1.25 B	N/A	157.39 M	2.03 B	886.67 M
Return On Equity	0.13	0.0608	-0.0136	0.042	0.0472	-0.16	-0.0276	0.0372	0.0402
Return On Asset	0.0403	0.0236	0.0103	0.0079	0.011	-0.0498	-0.0308	0.0093	-0.0054
Book Value Per Share	18.29	9.53	3.59	8.12	5.11	1.69	2.28	11.32	2.75
Total Asset	44.24 B	34.88 B	4.26 B	51 B	19.43 B	N/A	1.02 B	41.93 B	4.35 B
Target Price	67.75	26.06	12.6	21.0	13.29	4.1	N/A	19.71	N/A
Last Dividend Paid	N/A	0.012	N/A	0.19	0.15	N/A	N/A	0.13	0.061
Shares Owned By Institutions	14.7	33.76	4.83	3.2	11.57	13.88	1.06	7.3	4.21
Market Capitalization	56.74 B	51.46 B	6.43 B	44.43 B	32.26 B	37.03 B	1.61 B	21.3 B	1.68 B
Price To Sales	2.86	1.92	6.14	22.65	4.77	6.13	3.76	0.72	0.56
Net Income	2.26 B	169.44 M	52.39 M	947.9 M	703.01 M	N/A	(41.38 M)	505.37 M	152.81 M
Earnings Per Share	2.24	0.52	-0.05	0.45	0.22	-0.19	-0.06	0.47	0.02
Shares Owned By Insiders	56.63	23.26	14.62	54.31	30.33	46.2	37.1	45.09	1.62
Revenue	17.94 B	22.27 B	1.19 B	2.03 B	6.45 B	6.04 B	404.07 M	31.13 B	2.94 B
Working Capital	183.77 M	(803 M)	1.65 B	5.98 B	7.9 B	N/A	211.88 M	8.54 B	1.91 B
Gross Profit	(472.7 M)	2.94 B	556.9 M	1.18 B	1.95 B	N/A	108.62 M	5.47 B	384.88 M
Day Typical Price	58.62	30.43	7.14	29.38	12.08	5.33	5.41	18.26	0.41
Accumulation Distribution	0.0438	0.0725	0.0514	0.0739	0.0543	0.049	0.0484	0.0472	0.0238
Market Facilitation Index	2.64	2.32	0.38	2.28	0.68	0.27	0.27	0.89	0.01
Daily Balance Of Power	(0.55)	(0.96)	(0.89)	(0.73)	(1.03)	(0.22)	(0.81)	(1.03)	(1.00)
Period Momentum Indicator	(1.46)	(2.23)	(0.34)	(1.67)	(0.70)	(0.06)	(0.22)	(0.92)	(0.01)
Rate Of Daily Change	0.98	0.93	0.95	0.94	0.94	0.99	0.96	0.95	0.98
Day Median Price	58.94	30.82	7.2	29.72	12.19	5.38	5.45	18.41	0.42
Price Action Indicator	(1.69)	(2.28)	(0.35)	(1.86)	(0.67)	(0.15)	(0.21)	(0.88)	(0.01)
Relative Strength Index	74.31	68.12	77.06	43.53	60.22	71.21	96.45	78.85	70.7
Coefficient Of Variation	986.29	678.29	838.68	543.46	819.35	662.71	594.75	753.93	734.98
Mean Deviation	1.61	3.12	2.53	3.37	2.48	2.48	2.15	2.03	1.92
Jensen Alpha	0.2667	0.5329	0.4002	0.736	0.4242	0.5901	0.5306	0.4068	0.3527
Total Risk Alpha	(0.14)	(0.05)	(0.14)	0.1095	(0.13)	(0.04)	0.0212	(0.08)	(0.07)
Sortino Ratio	0.0487	0.1442	0.0856	0.1836	0.0989	0.1421	0.1037	0.0925	0.0656
Downside Variance	4.9	12.8	9.7	14.47	7.79	10.79	12.12	6.82	12.67
Standard Deviation	2.35	4.39	3.33	4.51	3.33	3.96	2.93	2.81	2.68
Kurtosis	2.77	0.5735	0.8808	0.1382	1.02	6.69	2.12	1.64	0.4982
Potential Upside	3.95	10.0	5.22	10.01	6.58	6.56	4.22	4.93	5.56
Treynor Ratio	(0.73)	0.7411	(3.66)	1.19	(1.75)	(27.98)	(1.19)	(0.98)	25.5
Maximum Drawdown	14.87	19.93	18.81	19.0	18.89	28.4	17.87	16.52	12.89
Variance	5.54	19.24	11.11	20.3	11.11	15.69	8.56	7.88	7.17
Market Risk Adjusted Performance	(0.72)	0.7511	(3.65)	1.2	(1.74)	(27.97)	(1.18)	(0.97)	25.51
Risk Adjusted Performance	0.0845	0.1213	0.0991	0.1494	0.1013	0.1238	0.1363	0.109	0.1115
Skewness	0.3605	0.5648	0.152	0.4739	0.1967	1.52	(0.77)	0.3376	0.3887
Semi Deviation	1.95	3.03	2.76	3.13	2.56	2.51	3.06	2.32	1.79
Information Ratio	0.0458	0.1176	0.08	0.155	0.0828	0.1179	0.1234	0.086	0.0872
Value At Risk	(2.46)	(5.77)	(4.62)	(5.50)	(5.19)	(3.80)	(4.58)	(4.17)	(4.55)
Expected Short fall	(1.90)	(3.59)	(2.85)	(3.84)	(3.11)	(3.11)	(2.26)	(2.34)	(3.69)
Downside Deviation	2.21	3.58	3.11	3.8	2.79	3.28	3.48	2.61	3.56
Semi Variance	3.79	9.2	7.64	9.77	6.56	6.32	9.37	5.4	3.21

Spring Airlines Competition Performance Charts

Five steps to successful analysis of Spring Airlines Competition

Spring Airlines' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Spring Airlines in relation to its competition. Spring Airlines' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Spring Airlines in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Spring Airlines' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Spring Airlines, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Spring Airlines position

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Money Funds

Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 34 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.

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Other Information on Investing in Spring Stock

Spring Airlines financial ratios help investors to determine whether Spring Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Spring with respect to the benefits of owning Spring Airlines security.

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Spring Competitors

Specify up to 10 symbols:

Spring Airlines Competition Correlation Matrix

Risk-Adjusted Indicators

Cross Equities Net Income Analysis

Spring Airlines and related stocks such as TongFu Microelectronics, Guangdong Shenglu, and Shanghai Zhangjiang Net Income description

Spring Airlines Competitive Analysis

Spring Airlines Competition Performance Charts

Five steps to successful analysis of Spring Airlines Competition

Complement your Spring Airlines position

Did You Try This Idea?

Run Money Funds Thematic Idea Now

Money Funds

Other Information on Investing in Spring Stock

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