Spring Airlines Co (SHSE:601021) 3-Year Book Growth Rate

: -5.30% (As of Sep. 2023)

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Spring Airlines Co's Book Value per Share for the quarter that ended in Sep. 2023 was ¥16.60.

During the past 12 months, Spring Airlines Co's average Book Value per Share Growth Rate was 36.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was -5.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 4.10% per year. During the past 10 years, the average Book Value per Share Growth Rate was 16.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 12 years, the highest 3-Year average Book Value per Share Growth Rate of Spring Airlines Co was 34.90% per year. The lowest was -5.30% per year. And the median was 21.30% per year.

Competitive Comparison

For the Airlines subindustry, Spring Airlines Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spring Airlines Co 3-Year Book Growth Rate Distribution

For the Transportation industry and Industrials sector, Spring Airlines Co's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Spring Airlines Co's 3-Year Book Growth Rate falls into.

Spring Airlines Co 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Spring Airlines Co (SHSE:601021) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Spring Airlines Co 3-Year Book Growth Rate Related Terms

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Spring Airlines Co (SHSE:601021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Spring Airlines Co Ltd (SHSE:601021) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shanghai Changning District No. 528, Shanghai, CHN, 200335

Website

http://www.ch.com

Spring Airlines Co Ltd operates as a low-cost airline in China engages in the provision of local and international aviation services. It operates a fleet of Airbus A320 aircraft. It offers domestic routes such as Guangzhou, Zhuhai, Kunming, Xiamen, Shenyang, Harbin, Urumqi, Haikou, Guilin, Wenzhou and Qingdao. The company also offers international routes within Asia. It also provides insurance service which includes Standard Accident Insurance, Overseas Travel Insurance and Flight Delay and Cancellation Insurance.

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