On December 10, Gelonghui reported that the differences in business models and entrepreneurial styles have led to a jumpy profit curve for Juneyao Airlines (603885.SH), rather than steady linear growth. The acceleration of profitability is more appealing, with a significant valuation premium, resulting in a distinct investment rhythm for the company: the industry is in urgent need of a reversal, and during its own production capacity's post-cycle phase, buying in is expected to enjoy the dividends of the company's accelerated profitability, reaping the charm of dual elasticity release in performance and valuation. For Juneyao Airlines, this may indeed be the best moment. Considering the resonance of the company's alpha and beta, profitability is likely to accelerate, and seizing the moment is crucial. It is estimated that from 2024 to 2026, the company's attributable net income will be 1.03 billion yuan, 2.2 billion yuan, and 2.9 billion yuan respectively, corresponding to PE valuations of 32, 15, and 11 times, respectively, thus giving the company a 'Buy' rating.