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China Aerospace Times Electronics Co. Ltd.

China Aerospace Times Electronics Co. Ltd.

600879.SS
China Aerospace Times Electronics Co. Ltd.CN flagShanghai Stock Exchange
23.29
CNY
+2.10
- -
76.84BMarket Cap
China Aerospace Times Electronics Co. Ltd.
600879.SS
(Shanghai Stock Exchange)

Recent

price

23.29

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
1.83
2.19
2.29
2.23
2.39
4.76
4.78
4.85
4.98
5.06
5.15
5.88
6.42
6.32
4.33
4.23
3.18
Revenue per Share
0.1
0.11
0.13
0.13
0.12
0.17
0.2
0.2
0.17
0.17
0.18
0.2
0.23
0.18
0.17
0.07
0.06
Basic EPS, GAAP
-0.28
-0.12
-0.24
-0.24
-0.07
-0.22
-0.33
-0.42
-0.28
-0.1
0.01
-0.08
-0.83
-0.55
-0.32
-0.58
-0.23
Free Cash Flow per Basic Share
0.09
0.06
0.08
0.08
0.06
0.09
0.12
0.06
0.07
0.07
0.13
0.11
0.08
0.13
0.1
0.09
0.07
Dividend per Share
1.36
1.47
1.58
1.6
1.55
1.66
1.82
2.38
2.52
2.7
2.8
2.99
3.21
3.26
3.04
3.07
2.91
Book Value per Share
1.67
1.82
1.96
2.56
2.42
3.26
3.38
4.03
4.36
4.52
4.66
4.85
6.52
7.55
6.97
7.2
6.85
Tangible Book Value per Share
1,623
1,604
1,623
1,842
2,054
2,314
2,416
2,692
2,719
2,712
2,719
2,719
2,723
2,965
3,301
3,290
3,475
Basic Weighted Avg Shares
2,962
3,509
3,714
4,106
4,902
11,004
11,548
13,054
13,530
13,712
14,009
15,989
17,476
18,727
14,280
13,910
11,039
Sales/Revenue/Turnover
8.53
7.64
8.4
8.45
7.64
6.68
6.49
6.7
6.61
6.3
6.43
6.09
5.89
5.31
4.11
4.5
4.84
Operating Margin (%)
103
125
129
132
153
252
268
350
405
388
439
563
635
693
722
727
- -
Depreciation Expense
162
168
205
230
246
382
478
525
457
458
478
549
613
525
548
227
193
Net Income, GAAP
23.52
20.95
18.89
14.78
14.05
16.92
13.45
16.63
17.27
14.34
17.5
7.15
3.32
1.15
7.54
9.17
8.82
Effective Tax Rate (%)
5.48
4.8
5.53
5.61
5.03
3.47
4.14
4.02
3.38
3.34
3.42
3.43
3.51
2.8
3.84
1.63
1.75
Profit Margin (%)
1,156
1,306
1,597
2,736
2,832
4,154
4,304
6,668
6,910
7,358
7,654
8,087
12,960
16,656
17,134
17,406
17,843
Working Capital
300
300
300
300
300
500
300
300
156
156
279
292
490
89
293
751
894
LT Debt
3,137
3,332
3,619
5,130
5,379
8,228
8,818
11,592
12,482
12,990
13,356
14,116
19,186
23,645
24,127
24,622
24,711
Total Equity
4.75
5.21
5.1
5.31
5.27
6.93
5.31
5.07
4.5
4.33
4.49
5.14
4.58
3.76
1.95
1.99
1.63
Return on Invested Capital (%)
6.72
7.76
7.03
6.81
7.63
6.59
7.24
6.61
5.01
4.96
5.04
5.64
4.84
3.58
3.71
1.76
1.28
Return on Capital (%)
7.48
7.37
8.33
8.36
8.04
10.87
11.63
9.72
6.88
6.46
6.41
6.98
7.25
5.7
5.56
2.25
1.91
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
4,166
4,353
LT Borrowings
- -
571
584
LT Finance Leases
- -
180
311
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
3,299
3,299
Market Capitalization
38,533
70,396
77,291

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
40,482
40,520
Cash, Cash Equivalents & STI
- -
3,808
2,554
Accounts Receivable, Net
- -
8,834
9,097
Inventories
- -
22,774
23,863
Total Current Liabilities
- -
23,075
22,677
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,166
4,353
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.21%
13.79%
2.05%
Free Cash Flow
-8.1%
5.92%
82.58%
Net Income, GAAP
-1.54%
-8.43%
-58.58%
Sales/Revenue/Turnover
2.94%
0.85%
-2.59%
Total Cash Common Dividend
11.68%
2.52%
-10.49%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,814
3,898
1,522
5,047
14,280
2025
1,700
4,121
- -
5,075
13,910
2026
1,843
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.17
2025
0.01
- -
- -
- -
0.07
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.1
2025
0.01
- -
- -
- -
0.09
2026
- -
- -
- -
- -
- -
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Business
China Aerospace Times Electronics Co., Ltd. China Aerospace Times Electronics Co., Ltd. engages primarily in the research, development, production, and sales of aerospace electronic information products and unmanned system equipment for national defense, aerospace, and civilian applications. The company offers core products including inertial navigation systems; measurement, control, communication, and network information systems; microelectronics; electromechanical components and sensor systems; precision guidance, countermeasures, and payloads; unmanned aerial vehicle systems for military and civilian use; precision-guided weapon systems; Internet of Things application systems; satellite communication and navigation products; telemetry and remote control equipment; integrated circuits; relays; electrical connectors; microwave devices; wire and cable products; and remote sensing information systems, with operations focused mainly on the domestic Chinese market. Founded in 1990 and headquartered at No. 1 Fengying East Road, Haidian District, Beijing, China, the company serves national defense equipment, logistics, transportation, and broader national economy sectors through approximately 12,900 employees. In recent developments, it signed a letter of intent in June 2024 for Yichang Chengfa Holding Group Co., Ltd. to acquire a 51% stake in its subsidiary Aerospace Electronics Group Co., Ltd. for around CNY 740 million, issued a 350 million yuan ultra-short-term bond in June 2025, announced capital increases for affiliates like Chongqing Aerospace Rocket Electronics Technology Co., Ltd. and Aerospace Feiteng Company in 2025, and reported Q3 2025 results with revenue of CNY 8.835 billion for the first three quarters despite a year-on-year decline.