AVIC Chengdu Aircraft Company (302132) Fair Value & Analysis
Technology · CN · Market cap 141B CNY
Fair value as of: Jul 19, 2026
From 17 valuation models · updated 19 days ago
Share price −19.9% over the past month.
Below-average quality, and screening another 49% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (¥36.64). The favourable scenario is already priced in.
- Weak quality (28/100) and above fair value at the same time, the margin of safety is missing on both counts.
- A fairly wide model range (¥17.20 to ¥36.64) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.
How to read this chart
60‑month range ¥8.90 – ¥91.89 · fair‑value band ¥17.20 – ¥36.64 · the ¥57.85 price screens above the ¥29.30 fair value. Dashed = 300-day average. As of Jul 19, 2026.
Analysis
AVIC Chengdu Aircraft Company (302132) currently trades at ¥57.85, while our model-based Fair Value estimate is ¥29.30, implying the stock looks roughly 49.4% overvalued today. We read business quality at 28/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, AVIC Chengdu Aircraft Company generated revenue of 78.0B CNY at a net margin of 4.5%. Revenue grew 79.7% year over year. It earns a return on equity of 15.4%. Net debt stands at 221M CNY. Fundamentals as of Jul 19, 2026
Our scenario range runs from ¥17.20 (bear case) to ¥36.64 (bull case); at ¥57.85, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 20% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -54% fair-value upside, at -49%, 302132 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 17 models by family
Widest divergence: Growth Earnings (¥57.93) versus Asset-Based (¥5.32). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 31 · Market factors (momentum, volatility) 28
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
AVIC Chengdu Aircraft Company Limited manufactures and sells aircraft equipment, aviation component, and intelligent measurement and control products in China and internationally. It offers motor vehicle inspection equipment; sensors and instruments; and weighing control systems.
Full company description
AVIC Chengdu Aircraft Company Limited manufactures and sells aircraft equipment, aviation component, and intelligent measurement and control products in China and internationally. It offers motor vehicle inspection equipment; sensors and instruments; and weighing control systems. The company also engages in the research and experimental development activities. In addition, it provides military and civil aviation, as well as non-aviation products. The company was formerly known as Zhonghang Electronic Measuring Instruments Co.,Ltd and changed its name to AVIC Chengdu Aircraft Company Limited in January 2025. AVIC Chengdu Aircraft Company Limited was founded in 1965 and is based in Chengdu, the People's Republic of China. AVIC Chengdu Aircraft Company Limited is a subsidiary of Aviation Industry Corporation of China,Ltd.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
AVIC Chengdu Aircraft Company reported revenue of ¥75.4B in FY2025 versus ¥1.9B in FY2021, a compound +149.6%/yr. Reported net income was ¥3.4B in FY2025, compounding +82.9%/yr from FY2021.
302132 screens 49% overvalued. Compare with Keysight Technologies, Inc →
Peer Group
Scientific & Technical Instruments · 162 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Keysight Technologies, Inc KEYS | $315.90 | $84.16 | -73% |
| Garmin Ltd GRMN | $241.76 | $146.67 | -39% |
| Teledyne Technologies Incorporated TDY | $635.52 | $367.58 | -42% |
| Chroma ATE Inc 2360 | 1,905 TWD | 286.15 TWD | -85% |
| Hexagon AB HEXAB | kr 80.10 | kr 52.93 | -34% |
| MKS Inc MKSI | $324.69 | $77.46 | -76% |
| Fortive Corporation FTV | $61.78 | $33.84 | -45% |
| Trimble Inc TRMB | $52.72 | $24.47 | -54% |
| Cognex Corporation CGNX | $64.07 | $13.75 | -79% |
| Wuhan Guide Infrared Co 002414 | ¥13.15 | ¥3.21 | -76% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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