Board Change • Jul 03
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Non-Independent Director Ying Zhou was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jun 30
Aerospace CH UAV Co.,Ltd to Report First Half, 2026 Results on Aug 28, 2026 Aerospace CH UAV Co.,Ltd announced that they will report first half, 2026 results on Aug 28, 2026 Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0.031 loss in 1Q 2025) First quarter 2026 results: EPS: CN¥0.10 (up from CN¥0.031 loss in 1Q 2025). Revenue: CN¥373.3m (up 19% from 1Q 2025). Net income: CN¥101.1m (up CN¥132.0m from 1Q 2025). Profit margin: 27% (up from net loss in 1Q 2025). Revenue is forecast to grow 38% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 31
Aerospace CH UAV Co.,Ltd to Report Q1, 2026 Results on Apr 28, 2026 Aerospace CH UAV Co.,Ltd announced that they will report Q1, 2026 results on Apr 28, 2026 New Risk • Mar 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 68% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Reported Earnings • Mar 27
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: CN¥0.03 (down from CN¥0.09 in FY 2024). Revenue: CN¥2.93b (up 14% from FY 2024). Net income: CN¥26.9m (down 70% from FY 2024). Profit margin: 0.9% (down from 3.4% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 28%. Earnings per share (EPS) also missed analyst estimates by 86%. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Tillkännagivande • Mar 26
Aerospace CH UAV Co.,Ltd, Annual General Meeting, Apr 20, 2026 Aerospace CH UAV Co.,Ltd, Annual General Meeting, Apr 20, 2026, at 14:00 China Standard Time. Location: 1F, No. 17, Yungang West Road, Fengtai District, Beijing China New Risk • Mar 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Dec 31
Aerospace CH UAV Co.,Ltd to Report Fiscal Year 2025 Results on Mar 27, 2026 Aerospace CH UAV Co.,Ltd announced that they will report fiscal year 2025 results on Mar 27, 2026 Reported Earnings • Oct 25
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: CN¥711.9m (up 163% from 3Q 2024). Net income: CN¥6.55m (up CN¥66.4m from 3Q 2024). Profit margin: 0.9% (up from net loss in 3Q 2024). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Electronic industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Tillkännagivande • Sep 30
Aerospace CH UAV Co.,Ltd to Report Q3, 2025 Results on Oct 25, 2025 Aerospace CH UAV Co.,Ltd announced that they will report Q3, 2025 results on Oct 25, 2025 Tillkännagivande • Sep 11
Aerospace Ch Uav Co.,Ltd Announces Changes to Its Board Aerospace CH UAV Co.,Ltd at its 2nd Extraordinary General Meeting of 2025 on 09 September 2025 approved election of non-independent directors, cumulative voting system applicable: Hu Meixiao, non-independent director Wang Xianyu, non-independent director, Qin Yongming, non-independent director, Wen Xi, non-independent director, Zhou Ying, non-independent director, election of independent directors, cumulative voting system applicable: Xu Xuezong, independent director, Xiong Jianhui, independent director, and Li Zhiying, independent director. Reported Earnings • Aug 22
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: CN¥495.8m (down 11% from 2Q 2024). Net income: CN¥30.4m (down 52% from 2Q 2024). Profit margin: 6.1% (down from 11% in 2Q 2024). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Tillkännagivande • Jul 02
Aerospace CH UAV Co.,Ltd to Report First Half, 2025 Results on Aug 27, 2025 Aerospace CH UAV Co.,Ltd announced that they will report first half, 2025 results on Aug 27, 2025 New Risk • Jul 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.3% net profit margin). Reported Earnings • Apr 30
First quarter 2025 earnings released: CN¥0.031 loss per share (vs CN¥0.003 profit in 1Q 2024) First quarter 2025 results: CN¥0.031 loss per share (down from CN¥0.003 profit in 1Q 2024). Revenue: CN¥315.1m (down 32% from 1Q 2024). Net loss: CN¥30.9m (down CN¥33.4m from profit in 1Q 2024). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Tillkännagivande • Apr 01
Aerospace Ch Uav Co.,Ltd Proposes Cash Dividend for 2024 Aerospace CH UAV Co.,Ltd announced on 31 March 2025 the profit distribution proposal for 2024 as Cash dividend/10 shares (tax included): CNY 0.60000000. Tillkännagivande • Mar 31
Aerospace CH UAV Co.,Ltd to Report Q1, 2025 Results on Apr 29, 2025 Aerospace CH UAV Co.,Ltd announced that they will report Q1, 2025 results on Apr 29, 2025 Tillkännagivande • Mar 29
Aerospace CH UAV Co.,Ltd, Annual General Meeting, Apr 22, 2025 Aerospace CH UAV Co.,Ltd, Annual General Meeting, Apr 22, 2025, at 14:00 China Standard Time. Location: 1F, No. 17, Yungang West Road, Fengtai District, Beijing China Tillkännagivande • Dec 31
Aerospace CH UAV Co.,Ltd to Report Fiscal Year 2024 Results on Mar 29, 2025 Aerospace CH UAV Co.,Ltd announced that they will report fiscal year 2024 results on Mar 29, 2025 Tillkännagivande • Nov 14
Aerospace CH UAV Co.,Ltd Appoints Xu Xuezong and Xiong Jianhui as Independent Director Aerospace CH UAV Co.,Ltd at the Extraordinary General Meeting of 2024 on 12 November 2024 approved Xu Xuezong, independent director and Xiong Jianhui, independent director. Reported Earnings • Nov 01
Third quarter 2024 earnings released: CN¥0.06 loss per share (vs CN¥0.029 profit in 3Q 2023) Third quarter 2024 results: CN¥0.06 loss per share (down from CN¥0.029 profit in 3Q 2023). Revenue: CN¥271.2m (down 53% from 3Q 2023). Net loss: CN¥59.8m (down 315% from profit in 3Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Oct 24
Now 23% undervalued Over the last 90 days, the stock has risen 53% to CN¥20.06. The fair value is estimated to be CN¥25.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 70% in 2 years. Earnings are forecast to grow by 279% in the next 2 years. Tillkännagivande • Sep 30
Aerospace CH UAV Co.,Ltd to Report Q3, 2024 Results on Oct 28, 2024 Aerospace CH UAV Co.,Ltd announced that they will report Q3, 2024 results on Oct 28, 2024 Major Estimate Revision • Sep 03
Consensus revenue estimates fall by 16% The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from CN¥3.88b to CN¥3.24b. EPS estimate fell from CN¥0.418 to CN¥0.247 per share. Net income forecast to grow 155% next year vs 53% growth forecast for Electronic industry in China. Consensus price target down from CN¥21.60 to CN¥16.20. Share price rose 2.3% to CN¥13.25 over the past week. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CN¥0.07 (vs CN¥0.084 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.07 (down from CN¥0.084 in 2Q 2023). Revenue: CN¥555.1m (down 12% from 2Q 2023). Net income: CN¥63.5m (down 34% from 2Q 2023). Profit margin: 11% (down from 15% in 2Q 2023). Revenue is forecast to grow 29% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 19% per year. Buy Or Sell Opportunity • Jul 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 22% to CN¥12.96. The fair value is estimated to be CN¥16.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.8% over the last 3 years. Earnings per share has declined by 7.2%. Revenue is forecast to grow by 111% in 2 years. Earnings are forecast to grow by 397% in the next 2 years. Tillkännagivande • Jun 29
Aerospace CH UAV Co.,Ltd to Report First Half, 2024 Results on Aug 28, 2024 Aerospace CH UAV Co.,Ltd announced that they will report first half, 2024 results on Aug 28, 2024 Declared Dividend • May 25
Dividend of CN¥0.06 announced Dividend of CN¥0.06 is the same as last year. Ex-date: 31st May 2024 Payment date: 31st May 2024 Dividend yield will be 0.4%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (230% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 205% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • May 25
Aerospace CH UAV Co.,Ltd Announces 2023 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 31 May 2024 Aerospace CH UAV Co.,Ltd announced 2023 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 0.60000000. Record date: 30 May 2024. Ex-date: 31 May 2024. Payment date: 31 May 2024. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.003 (vs CN¥0.02 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.003 (down from CN¥0.02 in 1Q 2023). Revenue: CN¥463.9m (down 8.9% from 1Q 2023). Net income: CN¥2.55m (down 86% from 1Q 2023). Profit margin: 0.5% (down from 3.7% in 1Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 4% per year. Reported Earnings • Apr 01
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.16 (down from CN¥0.31 in FY 2022). Revenue: CN¥2.87b (down 26% from FY 2022). Net income: CN¥153.5m (down 50% from FY 2022). Profit margin: 5.4% (down from 7.9% in FY 2022). Revenue missed analyst estimates by 35%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 7% per year, which means it is performing significantly worse than earnings. Price Target Changed • Mar 31
Price target decreased by 22% to CN¥21.60 Down from CN¥27.57, the current price target is provided by 1 analyst. New target price is 29% above last closing price of CN¥16.75. Stock is down 26% over the past year. The company is forecast to post earnings per share of CN¥0.46 for next year compared to CN¥0.31 last year. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥13.40, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 17x in the Electronic industry in China. Total loss to shareholders of 46% over the past three years. Tillkännagivande • Dec 30
Aerospace CH UAV Co.,Ltd to Report Fiscal Year 2023 Results on Mar 30, 2024 Aerospace CH UAV Co.,Ltd announced that they will report fiscal year 2023 results on Mar 30, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.029 (vs CN¥0.019 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.029 (up from CN¥0.019 in 3Q 2022). Revenue: CN¥579.4m (down 11% from 3Q 2022). Net income: CN¥27.8m (up 65% from 3Q 2022). Profit margin: 4.8% (up from 2.6% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Board Change • Oct 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Ming Chang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 25
Second quarter 2023 earnings released: EPS: CN¥0.084 (vs CN¥0.041 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.084 (up from CN¥0.041 in 2Q 2022). Revenue: CN¥627.8m (down 15% from 2Q 2022). Net income: CN¥95.4m (up 153% from 2Q 2022). Profit margin: 15% (up from 5.1% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 01
Aerospace CH UAV Co.,Ltd to Report First Half, 2023 Results on Aug 25, 2023 Aerospace CH UAV Co.,Ltd announced that they will report first half, 2023 results on Aug 25, 2023 Tillkännagivande • May 25
Aerospace CH UAV Co.,Ltd Announces Cash Dividend on A Shares for the Year 2022, Payable on 31 May 2023 Aerospace CH UAV Co.,Ltd announced cash dividend of CNY 0.60000000 per 10 shares (tax included) on A shares for the year 2022. Record date is 30 May 2023, Ex-date is 31 May 2023 and Payment date is 31 May 2023. Reported Earnings • Apr 01
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CN¥0.31 (up from CN¥0.24 in FY 2021). Revenue: CN¥3.86b (up 32% from FY 2021). Net income: CN¥306.7m (up 35% from FY 2021). Profit margin: 7.9% (up from 7.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) exceeded analyst estimates by 3.3%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.019 (vs CN¥0.022 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.019 (down from CN¥0.022 in 3Q 2021). Revenue: CN¥651.7m (up 8.5% from 3Q 2021). Net income: CN¥16.8m (down 27% from 3Q 2021). Profit margin: 2.6% (down from 3.8% in 3Q 2021). Revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.041 (vs CN¥0.052 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.041 (down from CN¥0.052 in 2Q 2021). Revenue: CN¥741.9m (up 29% from 2Q 2021). Net income: CN¥37.7m (down 14% from 2Q 2021). Profit margin: 5.1% (down from 7.6% in 2Q 2021). Over the next year, revenue is forecast to grow 44%, compared to a 25% growth forecast for the Electronic industry in China. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Tillkännagivande • Jun 18
Aerospace CH UAV Co.,Ltd Announces Final Dividend on A Shares for the Year 2021, Payable on June 23, 2022 Aerospace CH UAV Co.,Ltd announced final cash dividend/10 shares (tax included) of CNY 0.60256800 on A shares for the year 2021. Record date is June 22, 2022. Ex-date is June 23, 2022. Payment date is June 23, 2022. Tillkännagivande • May 13
Aerospace CH UAV Co.,Ltd (SZSE:002389) announces an Equity Buyback for CNY 200 million worth of its shares. Aerospace CH UAV Co.,Ltd (SZSE:002389) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 20.55 per share. The repurchased shares will be used for for employee stock ownership plans or equity incentives, and the rest will be used for sales for "necessary to maintain company value and shareholders' rights and interests". The shares will be repurchased out of own funds of the company or self-raised funds. The plan will be valid for 3 months. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥14.78, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 18x in the Electronic industry in China. Total returns to shareholders of 33% over the past three years. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.03 (up from CN¥0.02 in 1Q 2021). Revenue: CN¥724.0m (up 46% from 1Q 2021). Net income: CN¥34.7m (up 82% from 1Q 2021). Profit margin: 4.8% (up from 3.8% in 1Q 2021). Revenue missed analyst estimates by 32%. Earnings per share (EPS) also missed analyst estimates by 48%. Over the next year, revenue is forecast to grow 53%, compared to a 24% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Price Target Changed • Apr 27
Price target increased to CN¥25.76 Up from CN¥19.00, the current price target is an average from 3 analysts. New target price is 90% above last closing price of CN¥13.54. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.40 for next year compared to CN¥0.24 last year. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Non-Independent Director Meixiao Hu was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Apr 03
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.24 (down from CN¥0.29 in FY 2020). Revenue: CN¥2.91b (down 2.5% from FY 2020). Net income: CN¥227.6m (down 17% from FY 2020). Profit margin: 7.8% (down from 9.2% in FY 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 32%. Earnings per share (EPS) also missed analyst estimates by 48%. Over the next year, revenue is forecast to grow 117%, compared to a 25% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Apr 02
Aerospace CH UAV Co.,Ltd, Annual General Meeting, Apr 27, 2022 Aerospace CH UAV Co.,Ltd, Annual General Meeting, Apr 27, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual report and its summary; to consider 2021 annual accounts; to consider 2022 overall budget; to consider 2021 profit distribution plan; to consider 2021 special report on the deposit and use of raised funds; to consider implementing results of 2021 continuing connected transactions and estimation of 2022 continuing connected transactions; to consider reappointment of audit firm; and to consider amendments to the articles of associations of the Company. Tillkännagivande • Apr 01
Aerospace CH UAV Co.,Ltd Proposes Final Cash Dividend for the Year 2021 Aerospace CH UAV Co.,Ltd proposed final cash dividend of CNY 0.60000000 per 10 shares (tax included) for the year 2021. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.022 (vs CN¥0.06 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥600.6m (down 32% from 3Q 2020). Net income: CN¥23.0m (down 62% from 3Q 2020). Profit margin: 3.8% (down from 6.9% in 3Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Reported Earnings • Aug 27
Second quarter 2021 earnings released: EPS CN¥0.052 (vs CN¥0.017 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: CN¥574.2m (down 7.1% from 2Q 2020). Net income: CN¥43.6m (up 87% from 2Q 2020). Profit margin: 7.6% (up from 3.8% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Reported Earnings • May 02
First quarter 2021 earnings released: EPS CN¥0.02 (vs CN¥0.01 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥495.6m (up 18% from 1Q 2020). Net income: CN¥19.0m (up 265% from 1Q 2020). Profit margin: 3.8% (up from 1.2% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.25 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥2.99b (down 3.6% from FY 2019). Net income: CN¥273.9m (up 18% from FY 2019). Profit margin: 9.2% (up from 7.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥21.18, the stock is trading at a trailing P/E ratio of 73x, down from the previous P/E ratio of 87.6x. This compares to an average P/E of 40x in the Electronic industry in China. Total returns to shareholders over the past three years are 17%. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS CN¥0.29 (vs CN¥0.25 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥2.99b (down 3.6% from FY 2019). Net income: CN¥275.8m (up 19% from FY 2019). Profit margin: 9.2% (up from 7.5% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Mar 04
Revenue and earnings miss expectations Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the next year, revenue is forecast to grow 50%, compared to a 31% growth forecast for the Electronic industry in China. Is New 90 Day High Low • Mar 02
New 90-day low: CN¥24.24 The company is down 13% from its price of CN¥27.90 on 02 December 2020. The Chinese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥46.32 per share. Tillkännagivande • Feb 24
Aerospace CH UAV Co.,Ltd to Report Fiscal Year 2020 Results on Apr 01, 2021 Aerospace CH UAV Co.,Ltd announced that they will report fiscal year 2020 results on Apr 01, 2021 Is New 90 Day High Low • Dec 23
New 90-day high: CN¥28.73 The company is up 42% from its price of CN¥20.20 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥47.10 per share. Is New 90 Day High Low • Dec 01
New 90-day high: CN¥26.77 The company is up 14% from its price of CN¥23.52 on 02 September 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥39.96 per share. Tillkännagivande • Nov 10
Aerospace CH UAV Co.,Ltd announced that it expects to receive CNY 910.7 million in funding Aerospace CH UAV Co.,Ltd (SZSE:002389) announced a private placement of common shares for a gross proceeds of up to CNY 910,700,000 on November 9, 2020. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥233.9m, down 5.0% from the prior year. Total revenue was CN¥3.33b over the last 12 months, up 15% from the prior year. Tillkännagivande • Oct 20
Aerospace CH UAV Co.,Ltd to Report Q3, 2020 Results on Oct 27, 2020 Aerospace CH UAV Co.,Ltd announced that they will report Q3, 2020 results on Oct 27, 2020 Tillkännagivande • Jul 24
Aerospace CH UAV Co.,Ltd to Report First Half, 2020 Results on Aug 20, 2020 Aerospace CH UAV Co.,Ltd announced that they will report first half, 2020 results on Aug 20, 2020