China Aerospace Times Electronics CO., LTD. Logo

China Aerospace Times Electronics CO., LTD.

600879.SS

(2.0)
Stock Price

7,15 CNY

1.36% ROA

3.67% ROE

36.77x PER

Market Cap.

24.084.890.701,00 CNY

10.55% DER

0.96% Yield

3.41% NPM

China Aerospace Times Electronics CO., LTD. Stock Analysis

China Aerospace Times Electronics CO., LTD. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

China Aerospace Times Electronics CO., LTD. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (11%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 ROE

The stock's ROE falls within an average range (3.67%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (1.36%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (1.11x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (200) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

China Aerospace Times Electronics CO., LTD. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

China Aerospace Times Electronics CO., LTD. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

China Aerospace Times Electronics CO., LTD. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

China Aerospace Times Electronics CO., LTD. Revenue
Year Revenue Growth
1994 111.795.890
1995 107.945.033 -3.57%
1996 109.627.960 1.54%
1997 110.756.369 1.02%
1998 177.861.503 37.73%
1999 266.447.890 33.25%
2000 420.292.614 36.6%
2001 468.558.607 10.3%
2002 562.660.169 16.72%
2003 607.075.659 7.32%
2004 734.788.364 17.38%
2005 1.017.674.639 27.8%
2006 1.253.496.238 18.81%
2007 1.843.919.617 32.02%
2008 2.329.890.598 20.86%
2009 2.525.702.214 7.75%
2010 2.961.524.370 14.72%
2011 3.508.897.565 15.6%
2012 3.714.022.858 5.52%
2013 4.106.484.752 9.56%
2014 4.901.798.262 16.22%
2015 5.609.329.597 12.61%
2016 11.548.064.683 51.43%
2017 13.054.287.258 11.54%
2018 13.530.149.780 3.52%
2019 13.712.212.460 1.33%
2020 14.008.586.046 2.12%
2021 15.989.205.732 12.39%
2022 17.475.651.489 8.51%
2023 13.276.035.627 -31.63%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

China Aerospace Times Electronics CO., LTD. Research and Development Expenses
Year Research and Development Expenses Growth
1994 0
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 56.065.557 100%
2011 78.027.984 28.15%
2012 85.918.874 9.18%
2013 93.404.389 8.01%
2014 157.677.478 40.76%
2015 150.365.634 -4.86%
2016 322.989.679 53.45%
2017 373.205.647 13.46%
2018 391.167.549 4.59%
2019 545.702.286 28.32%
2020 571.738.829 4.55%
2021 718.535.281 20.43%
2022 893.185.366 19.55%
2023 789.216.760 -13.17%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

China Aerospace Times Electronics CO., LTD. General and Administrative Expenses
Year General and Administrative Expenses Growth
1994 3.878.198
1995 8.515.022 54.45%
1996 6.839.440 -24.5%
1997 12.085.010 43.41%
1998 17.597.903 31.33%
1999 21.635.197 18.66%
2000 35.092.718 38.35%
2001 41.492.515 15.42%
2002 51.435.481 19.33%
2003 133.228.038 61.39%
2004 154.919.686 14%
2005 205.064.129 24.45%
2006 212.234.175 3.38%
2007 273.202.803 22.32%
2008 321.496.309 15.02%
2009 355.314.316 9.52%
2010 119.595.940 -197.1%
2011 139.672.692 14.37%
2012 151.582.977 7.86%
2013 114.154.404 -32.79%
2014 103.641.905 -10.14%
2015 98.558.321 -5.16%
2016 139.252.757 29.22%
2017 172.020.118 19.05%
2018 192.301.691 10.55%
2019 204.289.093 5.87%
2020 195.907.483 -4.28%
2021 205.567.261 4.7%
2022 216.032.012 4.84%
2023 3.290.296.803 93.43%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

China Aerospace Times Electronics CO., LTD. EBITDA
Year EBITDA Growth
1994 15.911.413
1995 20.085.713 20.78%
1996 23.613.941 14.94%
1997 27.991.163 15.64%
1998 55.777.562 49.82%
1999 68.255.479 18.28%
2000 125.332.542 45.54%
2001 166.310.977 24.64%
2002 149.654.644 -11.13%
2003 182.072.092 17.8%
2004 205.582.900 11.44%
2005 282.467.751 27.22%
2006 329.730.537 14.33%
2007 418.136.210 21.14%
2008 450.835.668 7.25%
2009 422.237.351 -6.77%
2010 363.703.029 -16.09%
2011 453.313.921 19.77%
2012 495.904.770 8.59%
2013 500.169.590 0.85%
2014 564.119.165 11.34%
2015 627.688.045 10.13%
2016 1.088.988.610 42.36%
2017 1.225.173.443 11.12%
2018 1.306.580.871 6.23%
2019 1.258.990.326 -3.78%
2020 1.342.418.825 6.21%
2021 1.542.861.934 12.99%
2022 1.660.589.085 7.09%
2023 941.266.899 -76.42%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

China Aerospace Times Electronics CO., LTD. Gross Profit
Year Gross Profit Growth
1994 22.033.800
1995 30.847.599 28.57%
1996 33.372.859 7.57%
1997 43.291.931 22.91%
1998 66.682.996 35.08%
1999 91.820.817 27.38%
2000 144.302.028 36.37%
2001 197.126.847 26.8%
2002 201.597.448 2.22%
2003 291.592.977 30.86%
2004 332.495.972 12.3%
2005 470.006.646 29.26%
2006 539.178.855 12.83%
2007 681.272.383 20.86%
2008 759.605.176 10.31%
2009 724.314.089 -4.87%
2010 776.122.462 6.68%
2011 863.219.478 10.09%
2012 936.992.719 7.87%
2013 977.679.651 4.16%
2014 1.053.288.185 7.18%
2015 1.157.697.156 9.02%
2016 1.995.364.148 41.98%
2017 2.286.383.107 12.73%
2018 2.384.505.419 4.11%
2019 2.633.121.920 9.44%
2020 2.660.189.535 1.02%
2021 3.208.980.089 17.1%
2022 3.429.032.037 6.42%
2023 3.405.603.746 -0.69%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

China Aerospace Times Electronics CO., LTD. Net Profit
Year Net Profit Growth
1994 11.225.938
1995 10.449.735 -7.43%
1996 15.777.085 33.77%
1997 14.790.976 -6.67%
1998 24.705.816 40.13%
1999 32.364.854 23.66%
2000 64.227.186 49.61%
2001 110.384.051 41.81%
2002 118.887.030 7.15%
2003 121.617.593 2.25%
2004 139.384.802 12.75%
2005 174.059.502 19.92%
2006 214.344.558 18.79%
2007 275.995.217 22.34%
2008 250.109.449 -10.35%
2009 202.475.418 -23.53%
2010 162.272.724 -24.77%
2011 168.431.170 3.66%
2012 205.308.987 17.96%
2013 230.295.331 10.85%
2014 246.433.928 6.55%
2015 265.370.482 7.14%
2016 478.373.102 44.53%
2017 524.909.146 8.87%
2018 456.749.890 -14.92%
2019 458.289.394 0.34%
2020 478.456.863 4.22%
2021 549.201.382 12.88%
2022 610.530.379 10.05%
2023 497.996.777 -22.6%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

China Aerospace Times Electronics CO., LTD. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1994 0
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

China Aerospace Times Electronics CO., LTD. Free Cashflow
Year Free Cashflow Growth
1998 -49.113.214
1999 95.270.457 151.55%
2000 1.237.404 -7599.22%
2001 -125.558.901 100.99%
2002 99.336.470 226.4%
2003 -66.671.172 248.99%
2004 35.741.102 286.54%
2005 -99.887.402 135.78%
2006 -21.643.517 -361.51%
2007 -87.049.477 75.14%
2008 -654.660.532 86.7%
2009 -109.748.427 -496.51%
2010 -451.048.219 75.67%
2011 -200.086.584 -125.43%
2012 -381.610.599 47.57%
2013 -433.511.056 11.97%
2014 -153.159.708 -183.05%
2015 -198.525.301 22.85%
2016 -803.755.738 75.3%
2017 -1.141.393.899 29.58%
2018 -757.813.908 -50.62%
2019 -267.995.422 -182.77%
2020 24.595.991 1189.59%
2021 -211.629.016 111.62%
2022 -2.267.681.539 90.67%
2023 -259.658.708 -773.33%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

China Aerospace Times Electronics CO., LTD. Operating Cashflow
Year Operating Cashflow Growth
1998 -48.268.125
1999 96.419.832 150.06%
2000 9.772.225 -886.67%
2001 71.153.876 86.27%
2002 117.519.070 39.45%
2003 27.276.271 -330.85%
2004 152.760.789 82.14%
2005 28.068.269 -444.25%
2006 86.057.135 67.38%
2007 95.339.596 9.74%
2008 -130.991.621 172.78%
2009 265.615.550 149.32%
2010 60.734.601 -337.34%
2011 220.751.783 72.49%
2012 -44.079.427 600.8%
2013 10.042.491 538.93%
2014 122.867.583 91.83%
2015 69.831.371 -75.95%
2016 -251.970.839 127.71%
2017 -522.555.714 51.78%
2018 -103.389.512 -405.42%
2019 259.277.308 139.88%
2020 480.747.714 46.07%
2021 239.119.604 -101.05%
2022 -1.377.241.799 117.36%
2023 -160.095.410 -760.26%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

China Aerospace Times Electronics CO., LTD. Capital Expenditure
Year Capital Expenditure Growth
1998 845.089
1999 1.149.375 26.47%
2000 8.534.821 86.53%
2001 196.712.777 95.66%
2002 18.182.600 -981.87%
2003 93.947.444 80.65%
2004 117.019.687 19.72%
2005 127.955.671 8.55%
2006 107.700.652 -18.81%
2007 182.389.073 40.95%
2008 523.668.911 65.17%
2009 375.363.976 -39.51%
2010 511.782.820 26.66%
2011 420.838.367 -21.61%
2012 337.531.172 -24.68%
2013 443.553.547 23.9%
2014 276.027.291 -60.69%
2015 268.356.672 -2.86%
2016 551.784.899 51.37%
2017 618.838.185 10.84%
2018 654.424.396 5.44%
2019 527.272.730 -24.11%
2020 456.151.724 -15.59%
2021 450.748.620 -1.2%
2022 890.439.741 49.38%
2023 99.563.298 -794.35%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

China Aerospace Times Electronics CO., LTD. Equity
Year Equity Growth
1995 98.085.519
1996 124.627.759 21.3%
1997 139.418.735 10.61%
1998 243.781.346 42.81%
1999 272.662.001 10.59%
2000 337.502.233 19.21%
2001 744.403.699 54.66%
2002 828.140.749 10.11%
2003 950.735.420 12.89%
2004 1.013.141.327 6.16%
2005 1.156.585.026 12.4%
2006 1.319.150.724 12.32%
2007 2.563.391.813 48.54%
2008 2.802.067.088 8.52%
2009 3.004.542.506 6.74%
2010 3.085.711.151 2.63%
2011 3.269.084.604 5.61%
2012 3.454.682.446 5.37%
2013 4.955.249.024 30.28%
2014 5.216.375.238 5.01%
2015 5.497.212.574 5.11%
2016 8.620.075.993 36.23%
2017 11.390.417.933 24.32%
2018 12.462.249.423 8.6%
2019 12.989.542.259 4.06%
2020 13.356.142.740 2.74%
2021 14.115.554.904 5.38%
2022 19.183.064.331 26.42%
2023 23.810.632.037 19.43%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

China Aerospace Times Electronics CO., LTD. Assets
Year Assets Growth
1995 306.666.628
1996 388.789.303 21.12%
1997 423.357.106 8.17%
1998 662.300.507 36.08%
1999 628.949.205 -5.3%
2000 882.939.319 28.77%
2001 1.232.197.309 28.34%
2002 1.442.196.856 14.56%
2003 1.760.758.742 18.09%
2004 1.880.244.779 6.35%
2005 2.248.215.665 16.37%
2006 2.486.862.078 9.6%
2007 4.493.472.808 44.66%
2008 5.231.750.115 14.11%
2009 5.757.186.243 9.13%
2010 6.384.081.935 9.82%
2011 6.795.073.499 6.05%
2012 7.665.544.820 11.36%
2013 8.584.721.543 10.71%
2014 9.820.610.462 12.58%
2015 10.690.470.465 8.14%
2016 19.581.504.438 45.41%
2017 22.360.353.539 12.43%
2018 25.853.068.057 13.51%
2019 29.228.268.359 11.55%
2020 31.204.993.449 6.33%
2021 33.605.699.192 7.14%
2022 44.234.849.951 24.03%
2023 46.744.662.716 5.37%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

China Aerospace Times Electronics CO., LTD. Liabilities
Year Liabilities Growth
1995 208.581.109
1996 263.497.989 20.84%
1997 283.304.093 6.99%
1998 417.884.722 32.21%
1999 356.287.204 -17.29%
2000 529.393.046 32.7%
2001 482.745.457 -9.66%
2002 611.303.541 21.03%
2003 759.199.741 19.48%
2004 811.248.046 6.42%
2005 1.033.835.926 21.53%
2006 1.108.332.657 6.72%
2007 1.861.138.239 40.45%
2008 2.371.346.555 21.52%
2009 2.699.641.030 12.16%
2010 3.246.870.123 16.85%
2011 3.462.900.019 6.24%
2012 4.046.501.933 14.42%
2013 3.454.223.714 -17.15%
2014 4.441.643.847 22.23%
2015 5.009.309.122 11.33%
2016 10.763.238.625 53.46%
2017 10.768.165.512 0.05%
2018 13.390.818.634 19.59%
2019 16.238.726.100 17.54%
2020 17.848.850.709 9.02%
2021 19.490.144.288 8.42%
2022 25.051.785.619 22.2%
2023 22.934.030.679 -9.23%

China Aerospace Times Electronics CO., LTD. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5.82
Net Income per Share
0.2
Price to Earning Ratio
36.77x
Price To Sales Ratio
1.33x
POCF Ratio
-68.65
PFCF Ratio
-26.09
Price to Book Ratio
1.13
EV to Sales
1.26
EV Over EBITDA
21.4
EV to Operating CashFlow
-68.97
EV to FreeCashFlow
-24.75
Earnings Yield
0.03
FreeCashFlow Yield
-0.04
Market Cap
24,08 Bil.
Enterprise Value
22,85 Bil.
Graham Number
5.37
Graham NetNet
0.79

Income Statement Metrics

Net Income per Share
0.2
Income Quality
-1.15
ROE
0.04
Return On Assets
0.01
Return On Capital Employed
0.03
Net Income per EBT
0.9
EBT Per Ebit
1.02
Ebit per Revenue
0.04
Effective Tax Rate
0.03

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.2
Operating Profit Margin
0.04
Pretax Profit Margin
0.04
Net Profit Margin
0.03

Dividends

Dividend Yield
0.01
Dividend Yield %
0.96
Payout Ratio
0.61
Dividend Per Share
0.07

Operating Metrics

Operating Cashflow per Share
-0.11
Free CashFlow per Share
-0.3
Capex to Operating CashFlow
1.79
Capex to Revenue
-0.03
Capex to Depreciation
0
Return on Invested Capital
0.03
Return on Tangible Assets
0.01
Days Sales Outstanding
323.44
Days Payables Outstanding
379.24
Days of Inventory on Hand
503.07
Receivables Turnover
1.13
Payables Turnover
0.96
Inventory Turnover
0.73
Capex per Share
-0.19

Balance Sheet

Cash per Share
1,08
Book Value per Share
6,46
Tangible Book Value per Share
7.19
Shareholders Equity per Share
6.46
Interest Debt per Share
0.75
Debt to Equity
0.11
Debt to Assets
0.05
Net Debt to EBITDA
-1.16
Current Ratio
1.77
Tangible Asset Value
22,40 Bil.
Net Current Asset Value
16,89 Bil.
Invested Capital
0.11
Working Capital
17,31 Bil.
Intangibles to Total Assets
0.03
Average Receivables
15,89 Bil.
Average Payables
14,85 Bil.
Average Inventory
19759082962.46
Debt to Market Cap
0.09

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

China Aerospace Times Electronics CO., LTD. Dividends
Year Dividends Growth
1996 0
2001 0 0%
2002 0 0%
2003 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2010 0 0%
2013 0 0%
2016 0 0%
2020 0 0%
2023 0 0%

China Aerospace Times Electronics CO., LTD. Profile

About China Aerospace Times Electronics CO., LTD.

China Aerospace Times Electronics CO., LTD. researches, develops, and manufactures military electronic products primarily in China. It offers military and civilian UAV systems and precision guided weapon systems; system-level products, such as measurement and control communication systems, remote sensing information systems, and satellite applications; military and civilian inertial navigation products, satellite navigation products, telemetry and remote control equipment, precision guidance and electronic countermeasures equipment, computer technology, software and hardware, and other professional equipment; military and civilian integrated circuits, sensors, relays, electrical connectors, microwave devices, and precision electromechanical products; civilian wires and cables and military special cables. The company is based in Wuhan, China.

CEO
Mr. Hongsuo Xu
Employee
15.816
Address
Wuhan Eco & Tech Dev Zn
Wuhan, 430056

China Aerospace Times Electronics CO., LTD. Executives & BODs

China Aerospace Times Electronics CO., LTD. Executives & BODs
# Name Age
1 Mr. Fan Lu
Vice President & Board Secretary
70
2 Mr. Hongsuo Xu
Vice President & financial director
70

China Aerospace Times Electronics CO., LTD. Competitors