China Aerospace International Holdings Limited, an investment holding company, engages in hi-tech manufacturing business in the People’s Republic of China.
Undervalued with excellent balance sheet.
Share Price & News
How has China Aerospace International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 31's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 31 underperformed the Hong Kong Electronic industry which returned 22.3% over the past year.
Return vs Market: 31 exceeded the Hong Kong Market which returned 5.4% over the past year.
Price Volatility Vs. Market
How volatile is China Aerospace International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StWill the Promising Trends At China Aerospace International Holdings (HKG:31) Continue?
3 weeks ago | Simply Wall StWhat Type Of Returns Would China Aerospace International Holdings'(HKG:31) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
1 month ago | Simply Wall StChina Aerospace International Holdings Limited (HKG:31) Pays A HK$0.02 Dividend In Just Two Days
Is China Aerospace International Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 31 (HK$0.51) is trading below our estimate of fair value (HK$11)
Significantly Below Fair Value: 31 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 31 is good value based on its PE Ratio (4.7x) compared to the HK Electronic industry average (12x).
PE vs Market: 31 is good value based on its PE Ratio (4.7x) compared to the Hong Kong market (10.4x).
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.
- Examine whether China Aerospace International Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- China Aerospace International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
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$133.1M impacting its December 31 2019 financial results.
Growing Profit Margin: 31's current net profit margins (9.8%) are lower than last year (10.9%).
Past Earnings Growth Analysis
Earnings Trend: 31's earnings have declined by 18.1% per year over the past 5 years.
Accelerating Growth: 31's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 31 had negative earnings growth (-16.3%) over the past year, making it difficult to compare to the Electronic industry average (-13.6%).
Return on Equity
High ROE: 31's Return on Equity (4.7%) is considered low.
How is China Aerospace International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 31's short term assets (HK$3.0B) exceed its short term liabilities (HK$1.4B).
Long Term Liabilities: 31's short term assets (HK$3.0B) do not cover its long term liabilities (HK$4.0B).
Debt to Equity History and Analysis
Debt Level: 31's debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: 31's debt to equity ratio has reduced from 29.6% to 15.4% over the past 5 years.
Debt Coverage: 31's debt is well covered by operating cash flow (53.3%).
Interest Coverage: 31's interest payments on its debt are well covered by EBIT (6.9x 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 (3.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 31's dividend (3.92%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.86%).
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 not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (18.2%), 31's dividend payments are well 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.
|President & Executive Director||0.67yr||HK$42.00k||no data|
|Financial Controller||no data||no data||no data|
|Company Secretary||no data||no data||no data|
|Vice President||17.92yrs||HK$1.58m||no data|
|Vice President||17.92yrs||HK$698.00k||no data|
|Vice President||16.58yrs||HK$698.00k||no data|
|Vice President||14.08yrs||HK$635.00k||no data|
Experienced Management: 31's management team is seasoned and experienced (16.6 years average tenure).
|President & Executive Director||0.67yr||HK$42.00k||no data|
|Independent Non-Executive Director||7.42yrs||HK$210.00k||no data|
|Independent Non-Executive Director||15.67yrs||HK$230.00k||no data|
|Independent Non-Executive Director||8.42yrs||HK$260.00k||no data|
|Non-Executive Director||1.67yrs||HK$37.00k||no data|
|Non-Executive Director||0.33yr||no data||no data|
|Non-Executive Director||4yrs||no data||no data|
Experienced Board: 31's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China Aerospace International Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: China Aerospace International Holdings Limited
- Ticker: 31
- Exchange: SEHK
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: HK$1.573b
- 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
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CIOC||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|31||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
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 product ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/09 12:32|
|End of Day Share Price||2020/08/07 00:00|