China Aerospace International Holdings Limited, an investment holding company, engages in hi-tech manufacturing business in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.61|
|52 Week High||HK$0.38|
|52 Week Low||HK$0.83|
|1 Month Change||1.67%|
|3 Month Change||-8.96%|
|1 Year Change||41.86%|
|3 Year Change||15.09%|
|5 Year Change||-39.60%|
|Change since IPO||60.53%|
Recent News & Updates
China Aerospace International Holdings (HKG:31) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
The Return Trends At China Aerospace International Holdings (HKG:31) Look Promising
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Is China Aerospace International Holdings (HKG:31) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
How Does China Aerospace International Holdings Limited (HKG:31) Fare As A Dividend Stock?
Could China Aerospace International Holdings Limited ( HKG:31 ) be an attractive dividend share to own for the long...
|31||HK Electronic||HK Market|
Return vs Industry: 31 exceeded the Hong Kong Electronic industry which returned 27% over the past year.
Return vs Market: 31 exceeded the Hong Kong Market which returned 6.2% over the past year.
Stable Share Price: 31 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 31's weekly volatility (5%) has been stable over the past year.
About the Company
China Aerospace International Holdings Limited, an investment holding company, engages in hi-tech manufacturing business in the People’s Republic of China. The company distributes plastic and metal products and molds, liquid crystal displays and modules, printed circuit boards, intelligent battery chargers, and electronic components. It is also involved in the provision of property investment and management, and treasury services; electroplating of metals; and distribution of packing products.
China Aerospace International Holdings Fundamentals Summary
|31 fundamental statistics|
Is 31 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|31 income statement (TTM)|
|Cost of Revenue||HK$3.17b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.14|
|Net Profit Margin||10.38%|
How did 31 perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is China Aerospace International Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 31 (HK$0.61) is trading above our estimate of fair value (HK$0.55)
Significantly Below Fair Value: 31 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 31 is good value based on its PE Ratio (4.3x) compared to the Hong Kong Electronic industry average (9x).
PE vs Market: 31 is good value based on its PE Ratio (4.3x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 31's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 31 is good value based on its PB Ratio (0.2x) compared to the HK Electronic industry average (0.8x).
How is China Aerospace International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech 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 China Aerospace International Holdings 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.
How has China Aerospace International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 31 has a large one-off gain of HK$289.0M impacting its June 30 2021 financial results.
Growing Profit Margin: 31's current net profit margins (10.4%) are higher than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: 31's earnings have declined by 23.6% per year over the past 5 years.
Accelerating Growth: 31's earnings growth over the past year (47.2%) exceeds its 5-year average (-23.6% per year).
Earnings vs Industry: 31 earnings growth over the past year (47.2%) underperformed the Electronic industry 50.5%.
Return on Equity
High ROE: 31's Return on Equity (5.2%) is considered low.
How is China Aerospace International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 31's short term assets (HK$4.0B) exceed its short term liabilities (HK$1.8B).
Long Term Liabilities: 31's short term assets (HK$4.0B) do not cover its long term liabilities (HK$4.2B).
Debt to Equity History and Analysis
Debt Level: 31's debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: 31's debt to equity ratio has reduced from 24.1% to 14.6% over the past 5 years.
Debt Coverage: 31's debt is well covered by operating cash flow (33.2%).
Interest Coverage: 31's interest payments on its debt are well covered by EBIT (9.4x coverage).
What is China Aerospace International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 31's dividend (3.28%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 31's dividend (3.28%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.79%).
Stability and Growth of Payments
Stable Dividend: 31's dividend payments have been volatile in the past 10 years.
Growing Dividend: 31's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.1%), 31's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
China Aerospace International Holdings has no CEO, or we have no data on them.
Experienced Management: 31's management team is seasoned and experienced (16.5 years average tenure).
Experienced Board: 31's board of directors are considered experienced (4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China Aerospace International Holdings Limited's employee growth, exchange listings and data sources
- Name: China Aerospace International Holdings Limited
- Ticker: 31
- Exchange: SEHK
- Founded: 1975
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: HK$1.882b
- Shares outstanding: 3.09b
- Website: https://www.casil-group.com
Number of Employees
- China Aerospace International Holdings Limited
- One Harbourfront
- Room 1103–1107A
- Hung Hom
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:03|
|End of Day Share Price||2021/10/21 00:00|
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.