AVIC Aviation High-Technology Co., Ltd.
600862
Rank in Stocks
#4289
AVIC Aviation High-Technology Co., Ltd. is a Chinese enterprise primarily... AVIC Aviation High-Technology Co., Ltd. is a Chinese enterprise primarily engaged in the research, development, production, and sale of advanced aviation materials and specialized equipment. Its extensive product portfolio includes a diverse range of computer numerical control (CNC) machine tools, such as various milling machines (vertical, horizontal, gantry, and roll types), lathes (including inclined bed CNC models), and advanced machining centers. These sophisticated machines serve a wide array of industrial applications, spanning mold fabrication, automotive component production, wind and nuclear power generation, marine vessel construction, military and aerospace sectors, and educational purposes. Beyond core machining tools, AVIC also manufactures specialized equipment like rocker milling machines, straw briquetting machines, and biomass granulators. Additionally, the company provides design, manufacturing, and sales services for mechanical and electrical products and molds, alongside offering technical collaboration and expert consulting services. A significant part of its operations involves pioneering carbon materials manufacturing technology, targeting sectors like aviation, aerospace, and rail transportation. Furthermore, AVIC is active in the medical field, developing, producing, and distributing orthopedic implants, including artificial hips, knees, spines, and other surgical devices. It also specializes in advanced composite materials, crucial for civil aviation, automotive manufacturing, rail transport, as well as petroleum, electricity, and new energy industries. Its global footprint extends through product exports to various international markets, such as the United States, Brazil, Southeast Asia, India, the Middle East, and Africa. Established in 1988, the company is headquartered in Nantong, China. It operated as Tontec Technology Investment Group Co., Ltd. until May 2016, when it adopted its current name.
Share Price
$2.64
Market Cap
$3.68B
Change (1 day)
0.50%
Change (1 year)
-16.97%
Country
CN
Trade AVIC Aviation High-Technology Co., Ltd. (600862)
Category
Industrials
P/E ratio for AVIC Aviation High-Technology Co., Ltd. (600862)
P/E ratio as of October 2026 TTM: 27.16
According to AVIC Aviation High-Technology Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.16. At the end of 2023 the company had a P/E ratio of 29.93.
P/E ratio history for AVIC Aviation High-Technology Co., Ltd. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 27.16 | -10.75% |
| 2024 | 30.43 | 1.67% |
| 2023 | 29.93 | -26.29% |
| 2022 | 40.61 | -51.79% |
| 2021 | 84.23 | -13.44% |
| 2020 | 97.31 | 249.64% |
| 2019 | 27.83 | 7.23% |
| 2018 | 25.95 | -84.03% |
| 2017 | 162.50 | -33.62% |
| 2016 | 244.80 | 181.80% |
| 2015 | 86.87 | -432.57% |
| 2014 | -26.12 | -103.31% |
| 2013 | 790.00 | 1,147.37% |
| 2012 | 63.33 | 180.50% |
| 2011 | 22.58 | -63.58% |
| 2010 | 62.00 | 308.53% |
| 2009 | 15.18 | -31.33% |
| 2008 | 22.10 | -20.32% |
| 2007 | 27.74 | -537.65% |
| 2006 | -6.34 | -63.27% |
| 2005 | -17.26 | -110.56% |
| 2004 | 163.42 | -2,019.49% |
| 2003 | -8.51 | 253.11% |
| 2002 | -2.41 | -73.66% |
| 2001 | -9.15 | -122.69% |
| 2000 | 40.33 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 26.81 | -1.29% |
DE
|
|
| - | - |
FR
|
|
| - | - |
DE
|
|
| 33.09 | 21.84% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.