AVIC Xi'an Aircraft Industry Group Co., Ltd. Class A

AVIC Xi'an Aircraft Industry Group Co., Ltd. Class A

SSZSE:000768
23.00
CNY
+0.20
(+0.88%)
56.95BMarket Cap
Oct 30Next Earn
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
6.51
7.99
8.93
9.43
11.23
12.09
11.59
12.1
11.81
13.6
14.53
15.59
14.78
- -
Basic EPS, GAAP
0.13
0.13
0.15
0.15
0.17
0.2
0.39
0.28
0.24
0.19
0.31
0.37
0.41
- -
Free Cash Flow per Basic Share
0.41
-0.76
0.2
0.28
0.05
0.21
-1.41
0.6
-5.64
10.26
-2.41
-0.53
-3.34
- -
Dividend per Share
0.2
0.1
0.16
0.13
0.08
0.12
0.16
0.21
0.14
0.16
0.12
0.11
0.13
0.16
Book Value per Share
4.36
4.49
5.51
5.55
5.68
5.85
6.32
5.53
5.69
5.83
7.03
7.56
7.99
8.06
Tangible Book Value per Share
4.17
4.3
5.3
5.26
5.24
5.22
5.84
4.83
5
5.17
6.4
6.92
7.36
7.44
Basic Weighted Avg Shares
2,654
2,654
2,701
2,769
2,768
2,768
2,769
2,768
2,769
2,769
2,773
2,772
2,775
2,776
Sales/Revenue/Turnover
17,286
21,198
24,116
26,122
31,079
33,468
32,079
33,484
32,700
37,660
40,301
43,216
41,014
- -
Operating Margin (%)
4.32
2.86
1.71
1.43
1.64
1.79
2.95
3.19
2.84
1.65
2.21
2.49
3.15
- -
Depreciation Expense
473
509
497
507
533
503
1,162
1,212
1,220
1,233
1,180
1,133
1,069
- -
Net Income, GAAP
351
352
400
413
471
558
1,074
777
653
524
861
1,023
1,151
- -
Effective Tax Rate (%)
17.33
21.84
10.45
16.53
16.73
17.93
14.12
20.69
17.35
13.86
15.7
14.37
13.62
- -
Profit Margin (%)
2.03
1.66
1.66
1.58
1.52
1.67
3.35
2.32
2
1.39
2.14
2.37
2.81
- -
Working Capital
7,458
7,394
11,387
10,869
10,348
11,457
6,746
4,917
3,692
3,241
2,783
2,751
5,395
7,293
LT Debt
466
200
707
249
109
147
1,683
390
371
284
111
541
1,606
1,586
Total Equity
12,334
12,918
16,942
17,703
17,648
19,465
17,554
15,306
15,742
16,135
19,545
21,024
22,208
22,756
Return on Invested Capital (%)
2.07
1.73
1.59
1.65
2.49
2.65
5.13
4.18
3.05
2.23
4.24
4.57
4.74
- -
Return on Capital (%)
3.43
3.06
2.76
2.3
2.74
3.35
5.37
4.48
3.57
3.1
4.52
4.84
4.8
- -
Return on Common Equity (%)
3.04
3
2.94
2.7
3.03
3.5
6.38
4.74
4.21
3.29
4.83
5.05
5.33
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,468
2,720
3,315
LT Borrowings
1,558
1,558
1,538
LT Finance Leases
48
47
48
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,781
2,781
2,781
Market Capitalization
70,586
68,570
56,947

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
62,124
61,650
63,295
Cash, Cash Equivalents & STI
10,832
9,205
10,285
Accounts Receivable, Net
18,540
17,855
18,630
Inventories
19,594
20,560
19,705
Total Current Liabilities
56,729
56,723
56,002
Payables & Accruals
- -
- -
- -
ST Debt
2,468
2,720
3,315
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.15%
7.94%
5.63%
Free Cash Flow
-163.92%
-197.96%
533.95%
Net Income, GAAP
16.06%
11.99%
12.49%
Sales/Revenue/Turnover
5.72%
4.39%
-5.1%
Total Cash Common Dividend
2.2%
-8.05%
9.59%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,455
11,874
8,492
14,395
43,216
2025
8,438
10,978
- -
10,769
41,014
2026
7,002
7,184
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.14
0.1
0.03
0.37
2025
0.1
0.14
- -
0.06
0.41
2026
0.09
0.09
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.1
- -
0.01
0.11
2025
- -
0.12
- -
- -
0.13
2026
0.01
0.16
- -
- -
- -

Company Description

CEO
An An Zhao
Full Time Employees
24,751
Sector
Electronic technology
Industry
Aerospace & defense
Address
No.1, Xifei Avenue Xi'an SA China 710089
IPO Date
Jun 26, 1997
Website
xac.com.cn
Business
AVIC Xi'an Aircraft Industry Group Company Ltd. (000768.SZ) researches, develops, manufactures, sells, maintains and services large and medium-sized military aircraft including transport aircraft, bombers and special aircraft; military and civil aviation components such as vertical tails, horizontal stabilizers, front inspection doors, Boeing 747 assemblies, Airbus A320/A321 series wings and fuselages, front/mid fuselages and front landing gear; and aviation services encompassing engineering technical support, technical information, user training, material support and aircraft maintenance. A subsidiary of Aviation Industry Corporation of China Ltd., the company operates primarily in China with facilities including a key site in Tianjin and targets domestic military and commercial aviation markets. Founded in 1958 and headquartered in Xi'an, Shaanxi, it listed on the Shenzhen Stock Exchange in 1997 as the first Chinese aviation manufacturing firm to do so and acquired Xi'an Aircraft Industrial Corporation as a wholly owned subsidiary in 2020 via major asset restructuring that integrated manufacturing and maintenance assets from Shaanxi Aircraft Industry (Group) Co., Ltd. and others. Recent developments include a May 2025 acquisition by Aviation Industry Corporation of China of a 5.76% stake for CNY 3.8 billion to bolster advanced manufacturing; a July 2025 cooperation agreement with Airbus to equip A321 fuselage sections at its Tianjin facility, targeting completion by October 2025 amid forecasts of 25% profit growth; and ongoing increases in C919 fuselage structure production and delivery for Comac in 2024-2025, alongside a July 2025 leadership transition with Chairman Wu Zhipeng's resignation due to job changes.