Aerospace CH UAV Co. Ltd. Class A

Aerospace CH UAV Co. Ltd. Class A

SSZSE:002389
18.32
CNY
+0.27
(+1.50%)
17.50BMarket Cap
Oct 29Next 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
0.88
1.29
1.48
1.35
3.33
2.92
3.34
3.16
3.07
3.9
2.99
2.62
3.26
- -
Basic EPS, GAAP
0.07
0.09
0.16
0.17
0.43
0.26
0.25
0.29
0.24
0.31
0.16
0.09
0.03
- -
Free Cash Flow per Basic Share
-0.6
-0.82
-0.62
-0.1
0.03
-0.18
0.2
0.17
-0.17
0.11
0.07
-0.37
-0.54
- -
Dividend per Share
0.05
0.09
0.05
0.05
0.02
0.04
0.05
0.04
0.04
0.07
0.07
0.06
0.07
0.06
Book Value per Share
3.11
3.65
4.7
1.97
6.31
6.57
6.79
6.99
7.8
7.91
8.05
8.09
8.13
8.15
Tangible Book Value per Share
2.69
2.49
3.61
1.02
3.96
4.35
4.66
4.92
5.92
5.92
6.03
5.93
6.01
6.07
Basic Weighted Avg Shares
503
541
625
382
434
930
928
945
948
989
959
980
898
984
Sales/Revenue/Turnover
442
700
923
515
1,447
2,719
3,100
2,988
2,914
3,858
2,866
2,567
2,930
- -
Operating Margin (%)
5.04
9.86
17.22
18.58
16.42
12.53
12.94
12.95
9.91
8.39
9.99
5.05
3.85
- -
Depreciation Expense
48
65
80
50
88
262
235
226
250
236
256
254
293
- -
Net Income, GAAP
35
49
100
65
187
242
232
274
228
307
153
88
27
- -
Effective Tax Rate (%)
15.05
22.55
15.11
27.77
9.86
12.48
9.95
7.89
12.96
12.71
19.89
26.94
59.02
- -
Profit Margin (%)
7.96
6.95
10.84
12.62
12.91
8.89
7.48
9.17
7.81
7.95
5.35
3.44
0.92
- -
Working Capital
644
150
1,088
440
1,472
1,834
2,294
2,613
3,974
4,030
4,013
3,953
4,058
4,152
LT Debt
4
- -
- -
- -
- -
- -
- -
108
239
184
- -
21
26
23
Total Equity
1,552
2,168
3,395
1,459
6,127
6,368
6,569
6,778
7,886
8,059
8,202
8,222
8,187
8,206
Return on Invested Capital (%)
1.65
2.42
3.67
2.76
4.79
4.06
3.71
4.24
3.13
3.75
1.79
1.04
0.3
- -
Return on Capital (%)
2.32
2.8
3.49
2.64
4.48
3.58
3.26
3.66
2.87
3.73
1.86
1.02
0.39
- -
Return on Common Equity (%)
2.28
2.65
3.67
2.75
5.07
3.97
3.67
4.2
3.18
3.93
1.93
1.1
0.34
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
320
463
501
LT Borrowings
- -
- -
- -
LT Finance Leases
26
20
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
985
985
985
Market Capitalization
23,618
21,530
17,502

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,401
7,789
7,392
Cash, Cash Equivalents & STI
1,637
1,703
1,010
Accounts Receivable, Net
3,566
3,622
3,847
Inventories
1,569
1,824
1,947
Total Current Liabilities
3,342
3,521
3,239
Payables & Accruals
- -
- -
- -
ST Debt
320
463
501
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.32%
4.03%
-0.42%
Free Cash Flow
-300.68%
-206.54%
34.3%
Net Income, GAAP
5.16%
-28.82%
-69.45%
Sales/Revenue/Turnover
24.29%
1.58%
14.16%
Total Cash Common Dividend
45.07%
13.86%
6.02%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
464
555
271
1,277
2,567
2025
315
496
- -
1,408
2,930
2026
373
518
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.07
-0.06
0.08
0.09
2025
-0.03
0.03
- -
0.02
0.03
2026
0.1
-0.03
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.06
- -
- -
0.06
2025
- -
0.07
- -
- -
0.07
2026
- -
0.06
- -
- -
- -

Company Description

CEO
Xi Wen
Full Time Employees
2,096
Sector
Electronic technology
Industry
Aerospace & defense
Address
No. 17 Yungang West Road Taizhou BJ China 100074
IPO Date
Apr 13, 2010
Business
Aerospace CH UAV Co., Ltd. (002389.SZ) develops, manufactures and sells unmanned aerial vehicles and related mission equipment including weapon systems, alongside new material products such as optical grade polyester films, solar cell backsheet films, packaging films and electronic films; it provides system solutions, technical services, software design and real estate leasing. The company, founded in 2001 and headquartered in Beijing with operations centered in China including facilities in Taizhou, Zhejiang, operates primarily in the aerospace and defense sector targeting military, government and commercial customers for applications in surveillance, reconnaissance, strike missions, low-altitude economy tasks like emergency mapping, forest firefighting, marine monitoring and logistics. Core UAV products encompass the CH-3D low-cost medium-range multi-purpose drone; CH-4 and CH-4D medium-high altitude reconnaissance-strike drones; CH-5 and CH-9 medium-high altitude long-endurance drones; CH-817A portable swarm drone system; and YH-1000 unmanned transport aircraft, complemented by air-to-ground missiles like Archer-1 and Archer-2. In recent developments, the company showcased the CH-9, CH-4D and YH-1000 at the first Western Low-Altitude Economy Expo in July 2025 and secured a major domestic order for CH-4 from the National Basic Geographic Information Center for aerial emergency mapping; it anticipates a market rebound in the second half of 2025 with increased drone deliveries following delayed orders, advances research in tilt-rotor UAVs, swarm tactics, loitering munitions and low-altitude logistics, and plans investment in Chongqing Saihong via non-monetary assets to expand low-altitude economy initiatives. Previously known as Zhejiang Nanyang Technology Co., Ltd., it underwent major asset restructuring in December 2017 under control of China Aerospace Science and Technology Corporation's 11th Research Institute.