Ligeance Aerospace Technology Co., Ltd. Class A

Ligeance Aerospace Technology Co., Ltd. Class A

SSZSE:000697
8.74
CNY
+0.14
(+1.63%)
-0.37EPS
14.49BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.47
0.45
0.28
0.02
1.34
2.77
2.95
1.68
1.47
1.84
2.27
2
1.85
1.77
Basic EPS, GAAP
0.13
0.15
0.11
-0.07
0.1
0.04
-2.31
-0.71
-0.83
-1.19
-0.39
-0.3
-0.51
-0.37
Free Cash Flow per Basic Share
0.25
-0.18
-0.39
-0.45
-0.33
-0.34
-0.25
-0.36
-0.45
-0.3
-0.61
-0.31
-0.21
- -
Dividend per Share
- -
0.02
0.02
0.02
0.02
0.4
0.2
0.05
0.27
0.23
0.27
0.13
0.01
-0.01
Book Value per Share
1.16
2.54
2.63
2.55
2.68
4.57
2.27
1.53
0.64
-0.58
0.49
0.12
2.4
2.33
Tangible Book Value per Share
1.08
2.47
2.53
2.44
-1.67
0.72
0.12
-0.45
-0.93
-1.69
-0.34
-0.65
2.06
2
Basic Weighted Avg Shares
481
540
560
559
560
578
672
672
672
672
667
873
1,015
1,183
Sales/Revenue/Turnover
226
244
155
13
753
1,603
1,980
1,131
986
1,236
1,516
1,750
1,874
2,099
Operating Margin (%)
35.2
35.85
25.76
-450.12
3.02
0.26
2.79
-18.49
-15.11
-11.7
-6.28
-5.06
-8.41
-2.56
Depreciation Expense
40
36
36
29
83
152
157
130
124
123
146
158
159
- -
Net Income, GAAP
64
82
60
-38
58
25
-1,548
-480
-555
-802
-262
-262
-518
-441
Effective Tax Rate (%)
17.99
16.19
13.09
- -
20.88
69.01
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
28.23
33.83
38.58
-300.61
7.69
1.53
-78.21
-42.38
-56.25
-64.91
-17.26
-14.97
-27.64
-20.99
Working Capital
189
883
740
594
-1,964
-642
-929
-1,168
-1,462
-2,089
-663
-858
1,673
1,622
LT Debt
- -
- -
- -
- -
47
239
182
546
497
194
156
120
112
89
Total Equity
571
1,425
1,514
1,484
1,554
3,072
1,515
1,016
420
-399
417
89
3,348
3,257
Return on Invested Capital (%)
11.6
7.91
3.9
- -
-0.25
0.15
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
11.76
8.21
4.02
- -
2.69
1.8
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
12.11
8.32
4.13
-2.63
3.96
1.07
-67.36
-37.53
-76.11
- -
- -
-99.09
-30.08
-26.35

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
558
510
529
LT Borrowings
25
20
22
LT Finance Leases
88
77
67
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,396
1,396
1,396
Market Capitalization
12,076
13,053
14,491

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,739
2,704
2,687
Cash, Cash Equivalents & STI
1,360
1,251
1,237
Accounts Receivable, Net
576
652
674
Inventories
637
662
608
Total Current Liabilities
1,067
992
1,065
Payables & Accruals
- -
- -
- -
ST Debt
558
510
529
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
314%
624.64%
3,660.25%
Free Cash Flow
6.17%
7.6%
-22.47%
Net Income, GAAP
-685.85%
18.15%
97.78%
Sales/Revenue/Turnover
590.81%
11.53%
7.08%
Total Cash Common Dividend
177.59%
59.22%
-91.27%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
424
445
417
464
1,750
2025
434
467
- -
513
1,874
2026
581
538
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.09
-0.07
-0.09
-0.06
-0.3
2025
-0.06
-0.05
- -
-0.31
-0.51
2026
- -
-0.04
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.11
0.03
-0.03
0.13
2025
0.02
- -
- -
-0.01
0.01
2026
0.01
- -
- -
- -
- -

Company Description

CEO
Qi Xiang Li
Full Time Employees
2,794
Sector
Electronic technology
Industry
Aerospace & defense
Address
No. 2999, Xihanggang Avenue Chengdu SI China 610200
IPO Date
Mar 25, 1997
Business
Ligeance Aerospace Technology Co.,Ltd. (000697.SZ) manufactures precision aviation parts, structural components, and single crystal turbine blades for civil aviation aircraft manufacturers, aero engine producers, and related sectors in China and internationally; core offerings include aircraft wing leading edge surfaces, engine-related components, take-off and landing equipment, fuel pump covers, wing trusses, surfaces, spars, large wing skeletons, aircraft floor beams, and seat rails for wide-body and narrow-body commercial aircraft, alongside high-temperature blades for engines and steam turbines, small aero engines, drones and systems, and non-ferrous precious metals trading. Founded in 1993 and headquartered at No. 2999 Xihanggang Avenue in Chengdu, China, with additional facilities in the United Kingdom, France, Poland, and India, the company operates over 10 advanced manufacturing plants and employs approximately 2,209 people, serving the aerospace and defense industry through subsidiaries including Gardner Aerospace. Formerly known as Shaanxi Ligeance Mineral Resources Co., Ltd., it shifted from mineral resources to aviation manufacturing; recent developments include a planned funding round of CNY 1.09 billion from Sichuan Development Aviation Industry Investment Group Co., Ltd. via conditional share subscription for up to 30% of shares pending regulatory approvals, alongside a 2022 debt-for-equity swap with Sichuan Development Holding that increased its stake beyond 25% under UK national security conditions, and ongoing legal proceedings related to its 2017 acquisition of Gardner Aerospace Holdings.