SEHK:232

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AVIC International Holding (HK)

Executive Summary

AVIC International Holding (HK) Limited, an investment holding company, engages in the design, development, and production of general aviation aircraft piston engines and spare parts in the United States, Europe, and internationally.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has AVIC International Holding (HK)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 232's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.3%

232

-1.4%

HK Real Estate

3.0%

HK Market


1 Year Return

-27.0%

232

-12.4%

HK Real Estate

-0.9%

HK Market

Return vs Industry: 232 underperformed the Hong Kong Real Estate industry which returned -11.2% over the past year.

Return vs Market: 232 underperformed the Hong Kong Market which returned 0.6% over the past year.


Shareholder returns

232IndustryMarket
7 Day11.3%-1.4%3.0%
30 Day4.5%2.9%6.1%
90 Day23.2%5.1%12.1%
1 Year-27.0%-27.0%-7.7%-12.4%3.1%-0.9%
3 Year-63.2%-65.1%17.6%3.4%7.1%-4.4%
5 Year-85.3%-86.1%36.6%12.0%8.7%-9.4%

Price Volatility Vs. Market

How volatile is AVIC International Holding (HK)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AVIC International Holding (HK) undervalued compared to its fair value and its price relative to the market?

0.36x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 232's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 232's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 232 is unprofitable, so we can't compare its PE Ratio to the HK Real Estate industry average.

PE vs Market: 232 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 232's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 232's PB Ratio (0.4x) is in line with the HK Real Estate industry average.


Next Steps

Future Growth

How is AVIC International Holding (HK) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.3%

Forecasted Real Estate industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AVIC International Holding (HK) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has AVIC International Holding (HK) performed over the past 5 years?

-10.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 232 is currently unprofitable.

Growing Profit Margin: 232 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 232 is unprofitable, and losses have increased over the past 5 years at a rate of -10.7% per year.

Accelerating Growth: Unable to compare 232's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 232 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (3.9%).


Return on Equity

High ROE: 232 has a negative Return on Equity (-1.51%), as it is currently unprofitable.


Next Steps

Financial Health

How is AVIC International Holding (HK)'s financial position?


Financial Position Analysis

Short Term Liabilities: 232's short term assets (HK$1.7B) exceed its short term liabilities (HK$527.4M).

Long Term Liabilities: 232's short term assets (HK$1.7B) exceed its long term liabilities (HK$646.9M).


Debt to Equity History and Analysis

Debt Level: 232's debt to equity ratio (6.3%) is considered satisfactory.

Reducing Debt: 232's debt to equity ratio has reduced from 90.9% to 6.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 232 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 232 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 9.6% each year


Next Steps

Dividend

What is AVIC International Holding (HK) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 232's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 232's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 232's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 232's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 232's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average board tenure


CEO

Yang Zhao (49yo)

0.92

Tenure

HK$13,000

Compensation

Mr. Zhao Yang serves as Executive Director & Chief Executive Officer at AVIC International Holding (HK) Limited Since August 23, 2019. He had been Chief Financial Officer at AVIC International Holding (HK) ...


Board Members

NamePositionTenureCompensationOwnership
Wei Xuan Lai
Executive Chairman0.92yrHK$36.00kno data
Yang Zhao
Executive Director & CEO0.92yrHK$13.00kno data
Fang Xing Fu
Executive Director1.92yrsHK$36.00kno data
Xiaodong Yu
Executive Director1.92yrsHK$36.00kno data
Zhibiao Zhang
Executive Director1.92yrsHK$36.00kno data
Wai Kam Chow
Non-Executive Director5.08yrsHK$120.00kno data
Yu Lin Chu
Independent Non-Executive Director21.17yrsHK$240.00kno data
Ka Fai Li
Independent Non-Executive Director12.58yrsHK$240.00kno data
Ping Zhang
Independent Non-Executive Director3.17yrsno datano data

1.9yrs

Average Tenure

55yo

Average Age

Experienced Board: 232's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AVIC International Holding (HK) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AVIC International Holding (HK) Limited
  • Ticker: 232
  • Exchange: SEHK
  • Founded:
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: HK$1.358b
  • Shares outstanding: 9.30b
  • Website: https://null

Number of Employees


Location

  • AVIC International Holding (HK) Limited
  • Tower 2, Admiralty Centre
  • 20Th Floor, Unit A
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
232SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 1992
CTQDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1992

Biography

AVIC International Holding (HK) Limited, an investment holding company, engages in the design, development, and production of general aviation aircraft piston engines and spare parts in the United States, Europe, and internationally. It also provides repair and maintenance services for aircraft engines, as well as supports for piston engines. The company was formerly known as CATIC International Holdings Limited and changed its name to AVIC International Holding (HK) Limited in June 2009. AVIC International Holding (HK) Limited is headquartered in Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 12:43
End of Day Share Price2020/07/10 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.