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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
Aerospace CH UAV Co. Ltd. Class A
SZSE:002389
(Shenzhen Stock Exchange)

Recent

price

18.32

P/E

ratio

- -

div

yld

0.35%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.69
0.98
0.81
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
- -
Revenue per Share
0.16
0.25
0.14
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
- -
Basic EPS, GAAP
-0.3
-0.49
-0.31
-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
- -
Free Cash Flow per Basic Share
- -
0.04
0.07
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
Dividend per Share
1.78
2
3.09
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
Book Value per Share
1.75
1.89
2.91
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
Tangible Book Value per Share
365
405
442
503
541
625
382
434
930
928
945
948
989
959
980
898
984
Basic Weighted Avg Shares
252
397
359
442
700
923
515
1,447
2,719
3,100
2,988
2,914
3,858
2,866
2,567
2,930
- -
Sales/Revenue/Turnover
24.81
30
12.03
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
- -
Operating Margin (%)
22
31
40
48
65
80
50
88
262
235
226
250
236
256
254
293
- -
Depreciation Expense
58
101
62
35
49
100
65
187
242
232
274
228
307
153
88
27
- -
Net Income, GAAP
15.07
15.5
14.87
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
- -
Effective Tax Rate (%)
23.16
25.52
17.24
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
- -
Profit Margin (%)
558
429
942
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
Working Capital
- -
- -
6
4
- -
- -
- -
- -
- -
- -
108
239
184
- -
21
26
23
LT Debt
750
848
1,582
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
Total Equity
11.63
12.65
3.86
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 Invested Capital (%)
11.32
12.09
4.75
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 Capital (%)
13.11
13.33
5.28
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
- -
Return on Common Equity (%)

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
- -
- -
- -
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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.