AVIC Airborne Systems Co., Ltd.

AVIC Airborne Systems Co., Ltd.

600372.SS
AVIC Airborne Systems Co., Ltd.CN flagShanghai Stock Exchange
11.07
CNY
-0.17
- -
53.57BMarket Cap
AVIC Airborne Systems Co., Ltd.
600372.SS
(Shanghai Stock Exchange)

Recent

price

11.07

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.9
2.14
3.23
3.44
3.74
3.87
3.96
3.99
4.37
4.75
4.85
5.13
8.5
6.72
4.94
5.01
4.86
Revenue per Share
0.22
0.24
0.35
0.36
0.34
0.27
0.26
0.31
0.27
0.32
0.35
0.42
0.41
0.44
0.22
0.22
0.16
Basic EPS, GAAP
0.12
-0.09
-0.26
-0.18
-0.22
-0.01
-0.42
-0.44
-0.47
-0.03
-0.04
0.38
-0.76
-0.57
-0.82
-0.38
-0.41
Free Cash Flow per Basic Share
0.02
0.03
0.19
0.13
0.17
0.18
0.18
0.18
0.2
0.19
0.18
0.2
0.15
0.2
0.18
0.15
0.13
Dividend per Share
0.04
0.48
1.31
1.82
2.07
2.28
2.48
2.74
2.93
3.14
3.44
3.53
3.87
3.57
3.25
3.37
3.31
Book Value per Share
1.67
1.95
3.08
2.56
2.68
3.02
3.17
3.82
4.11
4.29
5.72
5.67
8.59
8.29
7.72
7.87
7.82
Tangible Book Value per Share
1,709
1,709
1,717
1,743
1,766
1,759
1,759
1,759
1,747
1,760
1,802
1,918
3,260
4,317
4,838
4,836
4,850
Basic Weighted Avg Shares
3,246
3,664
5,544
5,999
6,607
6,809
6,959
7,023
7,643
8,352
8,747
9,839
27,722
29,007
23,880
24,212
23,582
Sales/Revenue/Turnover
14.96
13.23
15.37
12.94
13.89
11.88
12.43
13.1
10.7
11.58
12.08
10.58
9.28
8.28
7.17
7.61
6.78
Operating Margin (%)
168
179
258
275
278
314
316
334
338
408
379
456
1,436
1,488
1,527
1,570
- -
Depreciation Expense
374
411
603
627
601
477
460
542
479
556
631
799
1,351
1,886
1,041
1,067
779
Net Income, GAAP
10.66
17.09
17.34
15.63
15.1
25.47
18.01
12.29
14.69
8.32
8.91
7.19
7.12
4.77
8.78
7.36
5.36
Effective Tax Rate (%)
11.53
11.21
10.87
10.46
9.09
7.01
6.62
7.72
6.27
6.66
7.21
8.12
4.87
6.5
4.36
4.41
3.31
Profit Margin (%)
1,925
2,079
2,996
2,175
2,070
3,336
3,381
6,195
4,909
5,627
7,311
7,357
15,284
25,643
24,392
24,115
22,870
Working Capital
289
273
384
661
618
1,732
1,680
3,581
2,350
2,470
684
1,559
1,707
4,390
3,379
2,633
1,785
LT Debt
3,224
3,723
5,933
5,116
5,397
5,923
6,271
7,439
7,913
8,222
11,028
11,652
30,003
37,695
39,213
39,843
39,708
Total Equity
17.63
9.06
10.81
7.69
8.48
5.95
6.45
6.23
4.82
6.08
6.54
6.34
8.72
5.36
3.19
3.24
3
Return on Invested Capital (%)
104.51
27.63
18.86
12.48
10
7.19
6.89
6.65
6.17
6.64
7.39
8.19
5.28
6.82
4.01
3.31
3.02
Return on Capital (%)
- -
91.84
39.24
23.11
17.56
12.43
10.99
11.81
9.64
10.45
10.78
12.33
13.95
13.47
6.68
6.66
4.91
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
9,592
8,924
10,831
LT Borrowings
3,308
3,000
1,722
LT Finance Leases
70
72
63
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,839
4,839
4,839
Market Capitalization
59,824
53,837
58,493

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
59,493
59,653
60,449
Cash, Cash Equivalents & STI
13,045
12,182
11,571
Accounts Receivable, Net
23,471
24,273
26,682
Inventories
15,648
16,564
16,975
Total Current Liabilities
35,101
35,354
37,579
Payables & Accruals
- -
- -
- -
ST Debt
9,592
8,924
10,831
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.33%
38.89%
1.61%
Free Cash Flow
279.34%
-311.76%
-54.27%
Net Income, GAAP
12.53%
18.63%
2.56%
Sales/Revenue/Turnover
20.85%
36.52%
1.39%
Total Cash Common Dividend
10.75%
20.97%
-15.83%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,643
5,835
5,089
7,313
23,880
2025
4,725
6,455
7,438
- -
24,212
2026
4,642
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
- -
- -
0.22
2025
0.02
- -
- -
- -
0.22
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.18
2025
0.01
- -
- -
- -
0.15
2026
0.02
- -
- -
- -
- -
Business
AVIC Airborne Systems Co. Ltd. delivers advanced airborne system technology, components, and comprehensive solutions across various platforms in China. The company specializes in developing and manufacturing critical aviation and defense electronics, including state-of-the-art avionics suites, flight control mechanisms, and radar systems. Its product portfolio encompasses elements such as integrated cockpit displays, control systems, onboard computing and network solutions, fire control and command systems, inertial navigation units, and atmospheric data and comprehensive data systems. Beyond its core aviation segment, AVIC Airborne Systems extends its capabilities to non-aviation sectors, offering electronic information products, intelligent systems, electromechanical automation, and fundamental device support systems. These diversified offerings cater to areas such as industrial automation, rail transit, and new energy electronics, alongside specialized textile machinery. The company primarily serves China's defense and civil aviation industries, distributing its solutions both domestically and internationally. Formerly known as China Avionics Systems Co.,Ltd., the company officially adopted the name AVIC Airborne Systems Co. Ltd. in August 2023. In recent corporate activities, the company has undertaken equity buyback initiatives, with a plan announced in April 2025 for CNY 500 million, and has seen its third-quarter 2025 net profit increase by over 16% year-on-year. Founded in 1999, AVIC Airborne Systems Co. Ltd. maintains its headquarters in Beijing, People's Republic of China.