Chinese (SSE) Aerospace & Defense Industry Analysis

UpdatedJul 25, 2024

DataAggregated Company Financials

Companies63

7D2.6%
3M-2.3%
1Y-15.5%
YTD-10.1%

In the last week, the Aerospace & Defense industry is up 2.6%, with AECC Aviation PowerLtd up 2.1%. However, the industry is down 15% over the past year. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

Has the Chinese Aerospace & Defense Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 25 Jul 2024	CN¥798.5b	CN¥275.9b	CN¥13.3b	49.8x	59.9x	2.9x
Sat, 22 Jun 2024	CN¥812.3b	CN¥275.9b	CN¥13.3b	55x	60.9x	2.9x
Mon, 20 May 2024	CN¥855.3b	CN¥276.1b	CN¥13.6b	65.4x	62.7x	3.1x
Wed, 17 Apr 2024	CN¥778.0b	CN¥277.5b	CN¥12.3b	48.4x	63x	2.8x
Fri, 15 Mar 2024	CN¥796.7b	CN¥257.4b	CN¥12.2b	55.7x	65.1x	3.1x
Sun, 11 Feb 2024	CN¥726.0b	CN¥257.7b	CN¥12.5b	41.5x	58.2x	2.8x
Tue, 09 Jan 2024	CN¥858.0b	CN¥272.3b	CN¥13.7b	55.9x	62.7x	3.2x
Thu, 07 Dec 2023	CN¥913.9b	CN¥272.3b	CN¥13.7b	55.9x	66.9x	3.4x
Sat, 04 Nov 2023	CN¥934.5b	CN¥273.1b	CN¥13.7b	58.6x	68.3x	3.4x
Mon, 02 Oct 2023	CN¥951.1b	CN¥279.4b	CN¥13.4b	61.3x	71x	3.4x
Wed, 30 Aug 2023	CN¥964.5b	CN¥271.4b	CN¥12.7b	65.2x	76.2x	3.6x
Fri, 28 Jul 2023	CN¥972.2b	CN¥258.4b	CN¥11.8b	71.7x	82.7x	3.8x
Sun, 25 Jun 2023	CN¥952.1b	CN¥256.1b	CN¥11.3b	73.4x	84.2x	3.7x
Tue, 23 May 2023	CN¥948.5b	CN¥255.5b	CN¥11.2b	77.6x	84.7x	3.7x
Thu, 20 Apr 2023	CN¥943.5b	CN¥250.6b	CN¥11.2b	79.8x	84.5x	3.8x
Sat, 18 Mar 2023	CN¥911.5b	CN¥249.1b	CN¥11.8b	71.7x	77.4x	3.7x
Mon, 13 Feb 2023	CN¥923.4b	CN¥246.0b	CN¥12.0b	70.9x	76.7x	3.8x
Wed, 11 Jan 2023	CN¥860.4b	CN¥245.8b	CN¥12.0b	65x	71.7x	3.5x
Fri, 09 Dec 2022	CN¥906.6b	CN¥245.9b	CN¥12.0b	67.5x	75.7x	3.7x
Sun, 06 Nov 2022	CN¥995.8b	CN¥247.2b	CN¥12.5b	68.5x	79.9x	4x
Tue, 04 Oct 2022	CN¥885.5b	CN¥246.0b	CN¥12.8b	57.3x	69x	3.6x
Thu, 01 Sep 2022	CN¥933.7b	CN¥249.4b	CN¥12.7b	61.9x	73.7x	3.7x
Sat, 30 Jul 2022	CN¥996.1b	CN¥237.7b	CN¥12.1b	63.5x	82x	4.2x
Mon, 27 Jun 2022	CN¥933.7b	CN¥235.1b	CN¥11.8b	60x	79.1x	4x
Wed, 25 May 2022	CN¥789.7b	CN¥234.0b	CN¥11.6b	53.9x	68.1x	3.4x
Fri, 22 Apr 2022	CN¥780.8b	CN¥227.6b	CN¥12.9b	51x	60.5x	3.4x
Sun, 20 Mar 2022	CN¥887.2b	CN¥224.3b	CN¥12.4b	55.8x	71.4x	4x
Tue, 15 Feb 2022	CN¥928.9b	CN¥223.2b	CN¥12.5b	61.1x	74.2x	4.2x
Thu, 13 Jan 2022	CN¥1.1t	CN¥223.7b	CN¥12.6b	69.5x	83.5x	4.7x
Sat, 11 Dec 2021	CN¥1.1t	CN¥222.8b	CN¥12.5b	74x	91.2x	5.1x
Mon, 08 Nov 2021	CN¥1.0t	CN¥222.0b	CN¥12.2b	68.5x	84.8x	4.7x
Wed, 06 Oct 2021	CN¥919.7b	CN¥215.4b	CN¥11.4b	64.2x	80.9x	4.3x
Fri, 03 Sep 2021	CN¥978.6b	CN¥215.2b	CN¥11.2b	75.9x	87.7x	4.5x
Sun, 01 Aug 2021	CN¥915.3b	CN¥215.2b	CN¥11.2b	69.5x	82x	4.3x

Price to Earnings Ratio

82x

Sun, 01 Aug 2021

Current Industry PE

Investors are pessimistic on the Chinese Aerospace & Defense industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 59.9x which is lower than its 3-year average PE of 75.0x.

The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 2.9x.

Past Earnings Growth

The earnings for companies in the Aerospace & Defense industry have grown 6.1% per year over the last three years.
Revenues for these companies have grown 8.6% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Industrials industry?


CN Market	-2.89%
Industrials	-0.38%
Aerospace & Defense	2.56%
Aerospace and Defense	2.56%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
600893 AECC Aviation PowerLtd	CN¥39.81	2.1% +CN¥2.2b	-1.1%	PE71.3x
002025 Guizhou Space Appliance	CN¥46.56	6.8% +CN¥1.4b	-18.3%	PE28.1x
000738 Aecc Aero-Engine ControlLtd	CN¥20.63	3.5% +CN¥907.5m	-10.6%	PE36.5x
600316 Jiangxi Hongdu Aviation Industry	CN¥17.12	7.9% +CN¥903.6m	-23.7%	PE380.2x
300447 Nanjing Quanxin Cable Technology	CN¥12.54	12.8% +CN¥443.5m	-26.9%	PE38.1x

Latest News

300034

CN¥14.85

Gaona Aero Material

-5.2%

-38.8%

Gaona Aero Material's (SZSE:300034) Returns On Capital Are Heading Higher

Jul 23

002338

CN¥28.30

Changchun UP OptotechLtd

-9.5%

-15.7%

600760

CN¥41.66

AVIC Shenyang Aircraft

-0.8%

-5.3%

Pinning Down AVIC Shenyang Aircraft Company Limited's (SHSE:600760) P/E Is Difficult Right Now

Jul 20

000738

CN¥20.63

Aecc Aero-Engine ControlLtd

3.5%

-10.6%

Some Shareholders Feeling Restless Over Aecc Aero-Engine Control Co.,Ltd.'s (SZSE:000738) P/E Ratio

Jul 20

300775

CN¥30.53

Xi'an Triangle DefenseLtd

2.3%

-2.6%

These 4 Measures Indicate That Xi'an Triangle DefenseLtd (SZSE:300775) Is Using Debt Reasonably Well

Jul 18

300045

CN¥16.24

Hwa Create

-5.4%

61.1%

The Returns On Capital At Hwa Create (SZSE:300045) Don't Inspire Confidence

Jul 15

600893

CN¥39.81

AECC Aviation PowerLtd

2.1%

-1.1%

We Think AECC Aviation PowerLtd (SHSE:600893) Can Stay On Top Of Its Debt

Jul 12

300123

CN¥4.43

YaGuang Technology Group

5.7%

-36.3%

300447

CN¥12.54

Nanjing Quanxin Cable Technology

12.8%

-26.9%

Some Confidence Is Lacking In Nanjing Quanxin Cable Technology Co., Ltd. (SZSE:300447) As Shares Slide 25%

Jul 05

600764

CN¥17.58

China Marine Information Electronics

-4.1%

-34.8%

We Think China Marine Information Electronics (SHSE:600764) Can Stay On Top Of Its Debt

Jul 04

002625

CN¥16.61

Kuang-Chi Technologies

-2.8%

12.8%

002977

CN¥30.29

Chengdu Tianjian Technology

10.8%

-7.7%

002025

CN¥46.56

Guizhou Space Appliance

6.8%

-18.3%

000768

CN¥24.97

AVIC Xi'an Aircraft Industry Group

-1.6%

-2.4%

600316

CN¥17.12

Jiangxi Hongdu Aviation Industry

7.9%

-23.7%

600038

CN¥39.53

Avicopter

-2.5%

-3.6%

A Look At The Fair Value Of Avicopter Plc (SHSE:600038)

Jun 12