Avic (Chengdu) UAS Co., Ltd. Class A

Avic (Chengdu) UAS Co., Ltd. Class A

SSSE:688297
39.43
CNY
-1.71
(-4.16%)
0.18EPS
224.70P/E
28.05BMarket Cap
Oct 30Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.32
1.53
2.95
4.86
4.57
3.96
1.02
4.43
4.91
Basic EPS, GAAP
0.01
-0.06
0.4
0.58
0.61
0.45
-0.08
0.13
0.18
Free Cash Flow per Basic Share
-0.05
-0.79
0.11
-0.4
0.55
0.02
0.11
-2.21
- -
Dividend per Share
- -
0.05
- -
0.28
- -
0.35
0.18
- -
- -
Book Value per Share
1.08
1.03
1.46
2.15
8.53
8.66
8.42
8.48
8.22
Tangible Book Value per Share
1.08
1.03
1.46
1.89
8.43
8.62
8.29
8.04
7.66
Basic Weighted Avg Shares
148
165
412
510
607
672
674
681
674
Sales/Revenue/Turnover
47
251
1,217
2,476
2,773
2,664
685
3,016
3,305
Operating Margin (%)
3.25
-5.1
26.21
13.74
13
8.17
-15.22
2.37
3.98
Depreciation Expense
5
6
2
73
86
76
43
68
- -
Net Income, GAAP
1
-10
165
296
370
303
-54
89
125
Effective Tax Rate (%)
26.9
- -
13.03
10.37
8.69
7.74
- -
- -
- -
Profit Margin (%)
3.11
-3.93
13.55
11.95
13.35
11.36
-7.87
2.94
3.77
Working Capital
120
271
486
990
5,637
5,685
5,387
5,169
4,831
LT Debt
- -
- -
- -
74
75
54
58
97
116
Total Equity
249
401
616
1,162
5,760
5,846
5,686
5,726
5,548
Return on Invested Capital (%)
- -
- -
31.78
31.75
10.48
5.12
- -
- -
- -
Return on Capital (%)
- -
- -
32.45
32.01
10.56
5.2
- -
- -
- -
Return on Common Equity (%)
- -
-3.04
32.45
33.27
10.7
5.21
-0.94
1.55
2.21

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
52
52
32
LT Borrowings
- -
- -
- -
LT Finance Leases
97
95
116
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
675
675
675
Market Capitalization
32,414
33,615
28,046

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,741
8,497
7,454
Cash, Cash Equivalents & STI
3,050
4,102
3,211
Accounts Receivable, Net
2,748
1,526
2,005
Inventories
2,794
2,718
2,127
Total Current Liabilities
3,571
3,357
2,623
Payables & Accruals
- -
- -
- -
ST Debt
52
52
32
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
96.76%
0.71%
Free Cash Flow
- -
-480.01%
-2,084.75%
Net Income, GAAP
- -
-59.18%
-264.28%
Sales/Revenue/Turnover
- -
75.46%
340.11%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
61
211
97
316
685
2025
236
203
- -
1,468
3,016
2026
574
1,060
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
-0.02
-0.07
0.04
-0.08
2025
0.02
0.02
- -
0.08
0.13
2026
0.02
0.06
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.18
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Qiang Zeng
Full Time Employees
732
Sector
Electronic technology
Industry
Aerospace & defense
Address
Chengdu China
IPO Date
Jun 29, 2022
Business
Avic (Chengdu) UAS Co., Ltd. is a China-based aerospace and defense enterprise primarily engaged in the research, development, manufacture, sales, and lifecycle support of unmanned aerial vehicle (UAV) systems and associated ground equipment. The company operates as the dedicated industrialized platform for large-scale fixed-wing unmanned aircraft systems within the state-owned Aviation Industry Corporation of China (AVIC) group. The company designs, produces, and markets a comprehensive portfolio of medium-altitude long-endurance (MALE) and high-altitude long-endurance (HALE) unmanned aircraft systems spanning tactical weights to multi-ton platforms. Its core offerings comprise the Wing Loong (Yilong) family of unmanned systems, including the Wing Loong-1, Wing Loong-1D, and Wing Loong-1E reconnaissance and strike aircraft; the Wing Loong-2 and Wing Loong-2D multi-role intelligence, surveillance, reconnaissance (ISR), and precision-strike platforms; the Wing Loong-2H and Wing Loong-2HA specialized civil variants tailored for emergency disaster relief, real-time communication restoration, and artificial weather modification; the heavy multi-mission Wing Loong-3 system; the Wing Loong-X multi-role maritime and comprehensive strike system; the Wing Loong-6 tactical platform; and the Cloud Shadow (Yunying) high-altitude reconnaissance series. Beyond complete air vehicles, the company delivers integrated ground control stations, comprising vehicle-mounted, containerized, and stationary command modules; mission planning and autonomous control software suites; line-of-sight and satellite communication data link terminals; specialized mission payloads, encompassing electro-optical/infrared (EO/IR) sensor pods, synthetic aperture radar (SAR) systems, electronic warfare modules, atmospheric sounding equipment, and meteorological catalytic dispensers; precision-guided armament integration; and extensive product lifecycle support, including system maintenance, repair, and overhaul (MRO), flight crew and technician training, technical consulting, payload integration services, and aircraft leasing. Founded in 2007 and headquartered in Chengdu, Sichuan Province, China, Avic (Chengdu) UAS Co., Ltd. serves defense authorities, law enforcement agencies, emergency management administrations, meteorological institutes, and environmental protection bureaus. The company conducts business across the domestic Chinese market and exports defense and industrial-grade UAS solutions internationally to customers in the Middle East, North Africa, Southeast Asia, and Europe. In recent developments, the company has expanded its strategic focus toward civilian application scenarios and low-altitude economy infrastructure while continuously advancing next-generation defense platforms. The Civil Aviation Administration of China (CAAC) established the formal airworthiness certification framework for the company’s Wing Loong-2 meteorological unmanned aircraft system, validating its operational capability for stereoscopic atmospheric sounding and weather modification in complex meteorological environments. The company has integrated its emergency rescue UAS into national emergency response networks, successfully conducting real-time airborne cellular communication relay, forest fire observation, and direct typhoon tracking and monitoring missions. Furthermore, Avic (Chengdu) UAS Co., Ltd. has deepened strategic industrial alliances and localized assembly cooperation in key international defense export markets, advanced flight testing of multi-energy hybrid power systems, and established operational pilot bases to support regional low-altitude cargo transport, public security, and ecological inspection applications.