Spring Airlines Co (SHSE:601021) EBITDA Margin %: 23.36% (As of Mar. 2026) — Near Median


SHSE:601021 Spring Airlines Co Ltd SHSE:601021
69 GF Score
Price ¥47.28
GF Value ¥65.78
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Spring Airlines Co EBITDA Margin %?

Spring Airlines Co SHSE:601021 +3.73% 69 EBITDA Margin % is 23.36% as of Mar. 2026, which is 5% below its 10-year median of 24.63. GuruFocus rates SHSE:601021 with a GF Score™ of 69/100 and a GF Value™ of ¥65.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 999 Transportation companies, Spring Airlines Co ranks better than 57.76% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Spring Airlines Co's EBITDA for the three months ended in Mar. 2026 was ¥1,418 Mil. Spring Airlines Co's Revenue for the three months ended in Mar. 2026 was ¥6,070 Mil. Therefore, Spring Airlines Co's EBITDA margin for the quarter that ended in Mar. 2026 was 23.36%.


Spring Airlines Co  (SHSE:601021) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Spring Airlines Co EBITDA Margin % Related Terms


Spring Airlines Co EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Spring Airlines Co's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spring Airlines Co EBITDA Margin % Chart

Spring Airlines Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.14 -5.34 31.54 29.58 30.31

Spring Airlines Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.23 15.62 25.59 1.27 23.36

SHSE:601021 vs DAL, UAL, LUV: EBITDA Margin % Comparison

For the Airlines subindustry, Spring Airlines Co's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Spring Airlines Co's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Spring Airlines Co's EBITDA Margin % falls into.


SHSE:601021
69GF Score
Spring Airlines Co Ltd SHSE:601021
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spring Airlines Co EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Spring Airlines Co's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=6503.579/21459.531
=30.31 %

Spring Airlines Co's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1417.964/6069.934
=23.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 23.36% mean?
Spring Airlines Co (SHSE:601021) has a EBITDA Margin % of 23.36% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Spring Airlines Co and its competitors. This is near median its historical median of 24.63. According to the industry distribution chart, Spring Airlines Co ranks #422 out of 999 companies in the Transportation industry, placing it in the top 42.2%.
Is Spring Airlines Co's EBITDA Margin % too high?
Spring Airlines Co's current EBITDA Margin % of 23.36% is near median its 10-year median of 24.63. The Transportation industry median EBITDA Margin % is 13.77. Spring Airlines Co's value of 23.36% is 69.6% above this industry median. Based on the distribution chart, Spring Airlines Co ranks #422 out of 999 companies in the Transportation industry, which is above the industry midpoint. Overall, Spring Airlines Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spring Airlines Co's EBITDA Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Spring Airlines Co ranks #422 out of 999 companies for EBITDA Margin %. This puts Spring Airlines Co in the upper half of its industry. The industry median EBITDA Margin % is 13.77. Spring Airlines Co's value of 23.36% is 69.6% above this benchmark. While the company's 10-year median is 24.63 vs. the industry median of 13.77, Spring Airlines Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Transportation company?
The median EBITDA Margin % among Transportation companies is 13.77, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spring Airlines Co's current EBITDA Margin % of 23.36% is 69.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Spring Airlines Co and its competitors. For the Transportation industry, the median EBITDA Margin % is 13.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Airlines Co's current EBITDA Margin % is 23.36%, which is near median its own 10-year median of 24.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spring Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Spring Airlines Co (SHSE:601021) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥65.78, compared to a current price of ¥47.28 — trading 28.1% below its estimated fair value. The current EBITDA Margin % is 23.36%, which is near median its 10-year median of 24.63 and 69.6% above the Transportation industry median of 13.77. Spring Airlines Co's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Spring Airlines Co (SHSE:601021), the current EBITDA Margin % is 23.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spring Airlines Co (SHSE:601021) Overvalued in 2026?

Based on GuruFocus' analysis, Spring Airlines Co stock appears to be undervalued. The current stock price of ¥47.28 is trading 28.1% below its estimated GF Value™ of ¥65.78. GuruFocus considers Spring Airlines Co to be Modestly Undervalued.

Key valuation signals for SHSE:601021:

  • EBITDA Margin %: 23.36% (near median its 10-year median of 24.63)
  • GF Value™: ¥65.78 vs. price of ¥47.28 (28.1% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 69.6% above the Transportation median (#422 of 999)

No single metric tells the full story. See the SHSE:601021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spring Airlines Co Business Description

Address No. 2599, Hongqiao Road, Spring Airlines Headquarters Office Building, Changning District, Shanghai, CHN, 200335
Spring Airlines Co Ltd is a China-based airline company, principally engaged in the airline transportation of passengers and freight. The company focuses on providing passenger and cargo air transportation services across mainland China, international routes, as well as Hong Kong, Macao, and Taiwan, along with other activities connected to the air transport industry.
69GF Score

Get the complete analysis for SHSE:601021

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥47.28
Price
¥65.78
GF Value