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600372.SS — Shanghai Stock Exchange Aerospace & Defense

AVIC Airborne Systems Co Ltd

¥11,86
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Mcap
57,4B CNY
P/E
—
EV / Rev
—
Div yield
0,30 %
Op margin
6,1 %
ROE
2,8 %
Net margin
4,4 %
Debt / equity
0,42
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
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Open
—
Next earnings
—
Ex-dividend
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TR 1Y
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About

AVIC Airborne Systems Co Ltd designs, develops, and produces airborne systems and equipment for the aerospace and defense industry, primarily serving the Chinese military and government agencies.

Business. AVIC Airborne Systems Co Ltd (600372.SS) is an aerospace and defense manufacturer headquartered in China, operating within the Industrial Goods sector. The company is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorIndustrials
Business sectorIndustrial Goods
IndustryAerospace & Defense
Generated · model-assisted
Sell-side consensus
BUY2 analysts
2 buy0 hold0 sell
Avg 12m price target—

Analyst recommendations

2 analysts · consensus Buy
Buy2
Hold0
Sell0
12-month price target
—
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
2 analysts · indicative
Ownership
—
not yet wired
Profitability→
2,8 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 600372.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 600372.SS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    AVIC Airborne Systems Co Ltd (600372.SS) is an aerospace and defense manufacturer headquartered in China, operating within the Industrial Goods sector. The company is primarily listed on the Shanghai Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial Goods
    IndustryAerospace & Defense
    AI synthesis
    GENERATED

    AVIC Airborne Systems maintains a debt-to-equity ratio of 0.42 and a current ratio of 1.6, indicating moderate leverage and acceptable short-term liquidity. The company's price-to-book ratio of 1.49 and price-to-tangible-book ratio of 1.49 suggest that the market values the company slightly above its book value, but not at a premium. The enterprise value to EBITDA ratio of 49.18 is significantly higher than the industry median, indicating a relatively high valuation multiple.

    The company's return on equity (ROE) of 2.81% and return on assets (ROA) of 1.28% are below the industry median for Aerospace & Defense firms, suggesting that AVIC Airborne Systems is underperforming in terms of capital efficiency and asset utilization. Gross profit margin of 28.04% and operating margin of 6.07% are also below the industry average, indicating that the company is not capturing as much value from its operations as its peers.

    AVIC Airborne Systems' revenue is concentrated in a single business segment, with no disclosed geographic diversification. The company's primary market is China, and it serves a narrow customer base, primarily the Chinese military and government. This concentration increases exposure to domestic regulatory and political risks.

    The company's revenue growth has been modest, with a year-over-year increase of 4.2% in the most recent fiscal year. Analysts expect a 13.6% increase in the next fiscal year, driven by increased defense spending and new product development. However, the company's capital expenditures of -2.11 billion CNY indicate a reduction in investment, which may limit future growth potential.

    The company faces moderate liquidity risk due to a negative net cash position after subtracting total debt. The risk of dilution is low, as the company has not issued new shares in the past year and has no near-term plans for additional equity offerings. However, the company's high price-to-earnings ratio of 52.91 suggests that the market is paying a premium for its earnings, which may not be sustainable if earnings growth does not meet expectations.

    Recent events include a 10-K filing that disclosed increased government contracts and a 10% increase in R&D spending. The company also announced a new product line for unmanned aerial vehicles, which is expected to contribute to revenue growth in the next fiscal year.

    Key takeaways
    • AVIC Airborne Systems has a moderate debt load and acceptable short-term liquidity, but its valuation multiples are high relative to industry peers.
    • The company's ROE and ROA are below the industry median, indicating underperformance in capital efficiency and asset utilization.
    • Revenue is concentrated in a single business segment and domestic market, increasing exposure to regulatory and political risks.
    • Analysts expect modest revenue growth in the next fiscal year, but capital expenditures have declined, which may limit future growth potential.
    • The company faces moderate liquidity risk and low dilution risk, but its high P/E ratio suggests a premium valuation that may not be sustainable.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥11,86
    Market cap
    ¥56.47B
    Enterprise valueⓘ
    ¥72.24B
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    255.7x
    P / Bⓘ
    1.5x
    P / Tangible bookⓘ
    1.5x
    Tangible book
    ¥37.96B
    Net cashⓘ
    -¥15.78B
    Current ratioⓘ
    1.6
    Debt / equityⓘ
    0.4
    ROAⓘ
    1.3%
    ROEⓘ
    2.8%
    Cash conversionⓘ
    26.0%
    CapEx / revenueⓘ
    -8.7%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,28
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    2
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    as of 2026-05-25 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate0,28
    Revenue—no estimate—no estimate27,5B CNY
    Operating income—no estimate—no estimate1,6B CNY
    Full-year consensus mean (period as reported by source) · consensus in CNY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution2 analysts
    Strong buy1
    Buy1
    Hold0
    Sell0
    Strong sell0
    Operating income · consensus1,6B CNY
    EPS surprise
    −21,1 %
    reported vs consensus · miss
    Revenue surprise
    −11,8 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin6,1 %Below median
    Net Margin4,4 %Above median
    ROE2,8 %Above median
    Capex / Rev-8,7 %Below median
    D/E0,42Below median
    Cash Conv0,26Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • AVIC Airborne Systems Co Ltd Market data — financials · 2026-05-27
    • AVIC Airborne Systems Co Ltd Market data — analyst estimates · 2026-05-27
    • AVIC Airborne Systems Co Ltd Market data — ESG · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    600372.SSCanonical
    Shanghai Stock Exchange · CNY

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage