China Avionics Systems Co Ltd

China Avionics Systems Co Ltd

600372 · SHG · Industrials / Aerospace & Defense

11.25CNY-0.08 (-0.71%)

Price History

Full chart

Market Stats

Previous Close11.33
Open11.29
Day Range11.22 – 11.49
52-Week Range10.38 – 16.97
Volume16.81M
Market Cap54.44B
P/E (TTM)53.57
Forward P/E53.76
EPS0.21
Dividend Yield1.23%
Beta0.49
50-Day Avg11.32
200-Day Avg12.84

About

AVIC Airborne Systems Co., Ltd. Manufactures aviation products in China. The company offers avionics systems, flight control systems, and electromechanical systems; mechanical and electronic engineering, avionics, in the fields of aviation, aerospace, shipbuilding, and weapons; automatic control, inertial navigation, electronic information, radar and fire control systems, electronic countermeasures, air traffic control, flight data, integrated imaging; instruments, meters and basic components; communication networks, electronic information and integrated circuits. It also provides roads, smart cities and the internet of things, industrial automation, industrial safety, rail transit, energy conservation and environmental protection and new energy electronics, intelligent equipment; equipment, sensors, motors, textile machinery, optical instruments. In addition, the company engages in research, development, production, sales, and service of electronic equipment, electromechanical equipment and sensors for various aircraft engines; automotive parts and systems, industrial automation and control equipment, intelligent systems and equipment, and mechanical manufacturing equipment; refrigeration systems; software and information products; and software, security and service system products. It also exports its products. The company was formerly known as China Avionics Systems Co.,Ltd. and changed its name to AVIC Airborne Systems Co., Ltd.in August 2023. AVIC Airborne Systems Co., Ltd. was founded in 1999 and is based in Beijing, China.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEOMr. Shugang Wang
  • Employees32.80K
  • HeadquartersNo. 5, Shuguangxili, Beijing, China, China
  • Websitehttps://www.avicairborne.com

Leadership

  • Mr. Shugang WangGM & Director · b. 1966
  • Ms. Xianye YangChief Accountant · b. 1972
  • Mr. Hong ZhangDeputy General Manager · b. 1974
  • Mr. Lingbin ZhangDeputy GM, Secretary of the Board of Directors, Accounting Supervisor & Director · b. 1972
  • Mr. Xia QiChief Financial Officer · b. 1978

Financials

Income Statement

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.15B2.94B2.83B3.33B4.37B4.15B3.14B3.39B4.41B1.25B1.81B1.20B873.03M3.66B5.54B6.00B6.61B6.81B6.96B7.02B7.64B8.35B8.75B9.84B27.72B29.01B23.88B23.99B
Growth (%)--6.57%-3.85%+17.74%+31.38%-5.09%-24.38%+8.16%+29.86%-71.74%+45.03%-33.67%-27.17%+319.65%+51.32%+8.20%+10.14%+3.07%+2.19%+0.93%+8.83%+9.27%+4.72%+12.49%+181.75%+4.63%-17.68%+0.46%
Cost of Revenue2.51B2.44B2.28B2.71B3.58B3.51B2.72B2.99B4.09B1.21B1.72B956.85M572.52M2.55B3.75B4.11B4.52B4.62B4.73B4.80B5.44B5.92B6.24B7.06B19.92B20.58B17.31B17.61B
Gross Profit631.97M498.27M544.57M622.03M792.17M642.14M420.88M402.32M319.96M35.35M87.48M241.87M300.51M1.12B1.79B1.88B2.08B2.19B2.23B2.23B2.20B2.43B2.51B2.77B7.80B8.43B6.57B6.38B
Gross Margin20.08%16.95%19.26%18.69%18.12%15.47%13.41%11.85%7.26%2.84%4.84%20.18%34.42%30.50%32.33%31.41%31.54%32.10%32.07%31.71%28.79%29.08%28.69%28.20%28.13%29.07%27.51%26.61%
Operating Expense495.38M359.84M412.58M533.99M659.92M554.66M455.81M455.82M742.29M670.98M548.80M204.28M113.51M646.19M984.12M1.12B1.41B1.56B1.73B1.62B1.73B1.82B1.78B1.89B5.87B6.20B5.28B5.08B
Operating Income136.59M138.43M131.99M88.04M132.26M87.48M-34.93M-53.50M-422.32M-635.63M-461.32M37.59M187.00M471.24M807.90M767.95M678.34M627.39M497.61M603.53M474.18M607.22M731.44M881.70M1.93B2.23B1.29B1.31B
Operating Margin4.34%4.71%4.67%2.65%3.02%2.11%-1.11%-1.58%-9.58%-51.01%-25.53%3.14%21.42%12.86%14.57%12.80%10.27%9.21%7.15%8.59%6.20%7.27%8.36%8.96%6.96%7.69%5.39%5.45%
EBITDA141.25M144.32M251.15M237.83M287.61M234.49M118.99M169.96M-31.35M-490.06M-305.93M116.70M225.01M727.46M1.07B1.04B1.11B1.05B1.05B1.09B907.51M1.11B1.31B1.36B3.46B3.56B2.56B2.89B
EBITDA Margin4.49%4.91%8.88%7.15%6.58%5.65%3.79%5.01%-0.71%-39.33%-16.93%9.74%25.77%19.86%19.22%17.39%16.87%15.49%15.13%15.56%11.87%13.29%14.98%13.84%12.48%12.28%10.71%12.03%
Net Income59.33M85.13M90.39M86.94M84.84M50.72M-48.01M16.74M-225.63M-587.60M-424.87M25.49M134.66M410.87M602.59M627.42M600.60M477.01M460.41M542.44M479.33M556.02M630.78M798.70M1.35B1.89B1.04B1.07B
Net Income Margin1.89%2.90%3.20%2.61%1.94%1.22%-1.53%0.49%-5.12%-47.16%-23.51%2.13%15.42%11.21%10.87%10.46%9.09%7.01%6.62%7.72%6.27%6.66%7.21%8.12%4.87%6.50%4.36%4.45%
R&D---------4.24M11.79M-10.09M91.59M503.62M423.67M305.91M669.32M609.42M389.69M446.68M580.06M647.42M827.13M2.75B3.49B2.74B2.75B
R&D as % of Total Revenue---------0.34%0.65%-1.16%2.50%9.08%7.06%4.63%9.83%8.76%5.55%5.84%6.94%7.40%8.41%9.90%12.03%11.49%11.47%
Interest Expense16.71M16.78M33.36M40.93M37.12M27.12M32.72M42.03M86.24M34.36M48.08M13.02M2.80M37.33M54.42M154.60M206.28M275.68M265.23M255.21M345.37M338.69M277.08M132.27M268.51M283.26M273.98M283.76M
Interest Expense % of Total Revenue0.53%0.57%1.18%1.23%0.85%0.65%1.04%1.24%1.96%2.76%2.66%1.09%0.32%1.02%0.98%2.58%3.12%4.05%3.81%3.63%4.52%4.06%3.17%1.34%0.97%0.98%1.15%1.18%

Balance Sheet

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-2.11B2.07B3.29B3.87B3.89B3.63B5.81B5.71B2.49B2.25B954.06M1.20B7.07B8.64B13.24B14.49B16.23B17.53B21.19B21.65B22.70B24.72B26.26B28.40B73.52B78.12B83.26B
Total Liabilities-1.35B1.21B1.70B2.26B2.21B1.87B3.35B3.52B2.04B2.22B253.89M343.92M3.34B3.79B8.12B9.09B10.31B11.26B13.75B13.74B14.47B13.69B14.61B15.78B35.83B38.91B44.42B
Total Equity-447.37M537.76M1.29B1.30B1.35B1.27B1.27B1.05B450.94M26.06M694.73M829.40M3.48B4.66B4.89B5.16B5.65B6.00B7.10B7.56B7.84B10.63B11.24B12.19B36.08B37.45B37.96B
Cash-151.08M173.93M967.54M959.67M858.70M801.47M590.20M724.71M414.06M276.05M184.64M279.46M1.12B1.76B2.42B2.05B2.44B2.29B4.27B2.54B3.35B3.95B3.94B3.19B13.71B13.04B12.91B
Total Debt-629.19M656.20M646.00M677.00M642.00M697.00M953.55M1.32B672.00M639.50M56.00M61.50M962.82M1.30B3.54B4.22B4.71B5.06B7.21B6.75B6.75B3.86B4.41B5.99B7.86B10.15B19.24B
Net Debt-478.11M482.27M-321.54M-282.67M-216.70M-104.47M363.34M597.42M257.94M363.45M-128.64M-217.96M-154.32M-459.29M1.12B2.16B2.28B2.77B2.94B4.21B3.40B-89.39M466.15M2.80B787.16M-2.89B6.33B

Cash Flow

Currency: CNY2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow321.12M179.36M327.20M146.72M-51.64M52.54M297.88M-45.21M-359.87M116.33M119.13M101.80M-111.57M305.05M91.15M519.76M-104.57M-101.14M34.90M735.64M809.57M1.55B-793.67M-1.02B-1.99B291.06M
Investing Cash Flow-290.16M-65.20M-285.23M-135.37M-193.31M-1.27B-616.65M-153.04M-20.21M-136.82M-36.81M-275.99M-772.98M-1.01B-466.54M-429.75M-418.71M-464.86M-982.56M-642.38M-615.38M-839.78M-505.34M-796.11M-888.83M-1.54B
Financing Cash Flow-4.98M679.24M-49.84M-112.30M187.70M1.01B455.98M172.72M71.85M-52.33M12.49M113.20M898.16M935.90M399.12M380.03M482.50M2.74B-781.60M774.90M409.05M-716.53M548.89M4.67B3.04B1.57B
Capital Expenditure292.01M65.95M271.49M133.64M60.65M1.27B615.42M9.37M22.72M53.68M37.46M258.57M249.78M611.74M476.51M536.11M628.89M665.94M849.99M783.25M880.72M820.39M507.19M1.44B2.00B2.11B
Free Cash Flow29.11M113.41M55.71M13.07M-112.29M-1.22B-317.54M-54.58M-382.59M62.65M81.68M-156.78M-361.36M-306.68M-385.37M-16.35M-733.46M-767.08M-815.08M-47.61M-71.15M729.45M-1.30B-2.45B-3.99B-1.81B
Dividends Paid33.55M109.34M95.15M90.93M68.75M34.39M63.05M31.85M45.15M13.76M2.81M52.39M78.77M223.79M304.77M323.60M325.80M311.56M345.99M87.70M105.70M191.81M496.10M856.68M874.84M446.18M
FCF to OCF9.06%63.23%17.03%8.91%217.45%-2321.14%-106.60%120.72%106.31%53.86%68.56%-154.01%323.87%-100.54%-422.80%-3.15%701.43%758.42%-2335.21%-6.47%-8.79%47.07%163.90%241.11%200.47%-623.52%
Dividend Paid to FCF115.25%96.42%170.79%695.49%-61.23%-2.82%-19.86%-58.35%-11.80%21.96%3.44%-33.42%-21.80%-72.97%-79.09%-1979.24%-44.42%-40.62%-42.45%-184.22%-148.56%26.29%-38.14%-34.93%-21.94%-24.59%

Earnings

Report DateMar 31, 2009Jun 30, 2009Sep 30, 2009Dec 31, 2009Mar 31, 2010Jun 30, 2010Sep 30, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Nov 27, 2013Feb 26, 2014May 28, 2014Aug 27, 2014Oct 28, 2014Mar 31, 2015Apr 23, 2015Aug 27, 2015Oct 26, 2015Mar 30, 2016Apr 28, 2016Aug 25, 2016Oct 27, 2016Mar 15, 2017Apr 28, 2017Aug 31, 2017Oct 26, 2017Mar 16, 2018Apr 26, 2018Aug 24, 2018Oct 25, 2018Mar 20, 2019Apr 25, 2019Aug 23, 2019Oct 24, 2019Mar 30, 2020Apr 23, 2020Aug 21, 2020Oct 22, 2020Mar 30, 2021Apr 30, 2021Aug 27, 2021Oct 29, 2021Mar 30, 2022Apr 29, 2022Aug 30, 2022Oct 28, 2022Mar 15, 2023Apr 28, 2023Aug 22, 2023Oct 24, 2023Mar 15, 2024Apr 26, 2024Oct 29, 2024
EPS Estimate---------------------0.090.080.140.120.100.110.230.100.060.070.200.100.110.100.110.090.600.200.18-0.030.130.070.20-0.02--0.35-0.090.120.190.090.120.130.140.030.110.120.200.040.14
EPS Actual-0.060.050.03-0.010.030.030.040.030.030.090.040.080.050.070.040.100.050.090.080.140.050.110.060.130.030.060.060.150.030.040.060.13-0.010.090.050.18-0.030.120.060.13-0.020.120.060.170.040.110.060.130.070.130.100.120.100.170.090.090.110.160.130.040.070.04
Surprise---------------------22.22%-25.00%-7.14%-75.00%-40.00%-45.45%-34.78%-70.00%-33.33%-14.29%-35.00%-110.00%-18.18%-50.00%63.64%-133.33%-80.00%-70.00%-27.78%33.33%-7.69%-14.29%-15.00%300.00%---62.86%-44.44%-16.67%-36.84%11.11%41.67%-30.77%-35.71%266.67%45.45%8.33%-80.00%75.00%-71.43%
Timing---------------------Pre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap54.44B
Enterprise Value60.33B
Trailing P/E53.57
Forward P/E53.76
Price / Sales2.27
Price / Book1.45
EPS0.21
Book Value7.96
Revenue (TTM)24.00B
Gross Profit (TTM)6.71B
EBITDA2.85B
Profit Margin4.31%
Operating Margin7.83%
Return on Equity3.34%
Return on Assets1.08%
Shares Outstanding4.84B
Shares Float1.34B
Beta0.49
Dividend Yield1.23%
Dividend Rate0.14
Payout Ratio31.73%

Dividends

20221×
0.13Jun 27, 2022
20211×
0.10Aug 23, 2021
20201×
0.06Aug 17, 2020
20191×
0.05Jul 12, 2019
20181×
0.06Jun 29, 2018
20171×
0.05Jul 7, 2017
20161×
0.05Jul 18, 2016
20151×
0.05Aug 21, 2015
20141×
0.05Jul 30, 2014
20131×
0.05Aug 13, 2013
20061×
0.52Aug 8, 2006
20041×
0.05Jul 20, 2004
20031×
0.08Jun 3, 2003
20021×
0.06Jun 19, 2002

Stock Splits

  • Aug 13, 201393773:72133
  • Apr 19, 20128:5