China's AviChina posts higher H1 revenue
China's AviChina posts higher H1 revenue
Overview
China aerospace manufacturer's H1 2026 revenue rose 0.9% yr/yr
Net profit attributable to shareholders fell 20% yr/yr in H1 2026
Company says businesses developed steadily, supporting revenue growth
Outlook
Company did not provide specific guidance or outlook for the current or future periods
Result Drivers
STEADY BUSINESS DEVELOPMENT - Co said businesses developed steadily, supporting revenue growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| RMB 37.81 bln |
|
H1 Net Income Attributable |
| RMB 823 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for AviChina Industry & Technology Co Ltd is HK$4.68, about 61.4% above its August 26 closing price of HK$2.90
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago
Reuters Recommended Reads
Aug 25 - China Aircraft Leasing H1 revenue rises 58%
Aug 25 - China's EHang Q2 revenue falls 31%
Aug 25 - Aerospace parts maker HEICO's Q3 sales beat analyst estimates on organic growth, acquisitions
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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