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Spring Airlines CoSHSE:601021 -1.53%73 Net Margin % is 0.95% as of Jun. 2026, which is 92% below its 10-year median of 11.32. GuruFocus rates SHSE:601021 with a GF Score™ of 73/100 and a GF Value™ of ¥66.72 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,010 Transportation companies, Spring Airlines Co ranks better than 67.23% on this metric.
Spring Airlines Co (SHSE:601021) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Spring Airlines Co Net Margin % Related Terms
Spring Airlines Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Spring Airlines Co's Net 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.
SHSE:601021 vs DAL, UAL, LUV: Net Margin % Comparison
For the Airlines subindustry, Spring Airlines Co's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Spring Airlines Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Spring Airlines Co's Net Margin % falls into.
* 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 (SHSE:601021) has a Net Margin % of 0.95% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Spring Airlines Co and its competitors. This is 92% below median its historical median of 11.32. According to the industry distribution chart, Spring Airlines Co ranks #331 out of 1010 companies in the Transportation industry, placing it in the top 32.8%.
Is Spring Airlines Co's Net Margin % too high?
Spring Airlines Co's current Net Margin % of 0.95% is 92% below median its 10-year median of 11.32. The Transportation industry median Net Margin % is 4.86. Spring Airlines Co's value of 0.95% is 80.4% below this industry median. Based on the distribution chart, Spring Airlines Co ranks #331 out of 1010 companies in the Transportation industry, which is above the industry midpoint. Overall, Spring Airlines Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Spring Airlines Co's Net Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Spring Airlines Co ranks #331 out of 1010 companies for Net Margin %. This puts Spring Airlines Co in the upper half of its industry. The industry median Net Margin % is 4.86. Spring Airlines Co's value of 0.95% is 80.4% below this benchmark. While the company's 10-year median is 11.32 vs. the industry median of 4.86, Spring Airlines Co has consistently been below 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 Net Margin % for a Transportation company?
The median Net Margin % among Transportation companies is 4.86, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spring Airlines Co's current Net Margin % of 0.95% is 80.4% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Spring Airlines Co and its competitors. For the Transportation industry, the median Net Margin % is 4.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spring Airlines Co's current Net Margin % is 0.95%, which is 92% below median its own 10-year median of 11.32. 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 Possible Value Trap. The stock's GF Value™ is ¥66.72, compared to a current price of ¥43.07 — trading 35.4% below its estimated fair value. The current Net Margin % is 0.95%, which is 92% below median its 10-year median of 11.32 and 80.4% below the Transportation industry median of 4.86. Spring Airlines Co's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Spring Airlines Co (SHSE:601021), the current Net Margin % is 0.95% as of Jun. 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 ¥43.07 is trading 35.4% below its estimated GF Value™ of ¥66.72.
GuruFocus considers Spring Airlines Co to be Possible Value Trap.
Key valuation signals for SHSE:601021:
Net Margin %: 0.95% (92% below median its 10-year median of 11.32)
GF Value™: ¥66.72 vs. price of ¥43.07 (35.4% below fair value)
Industry Position: 80.4% below the Transportation median (#331 of 1010)
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 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.
73GF Score
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