AVIC Shenyang - 2026Q1 - titanstockanalysis.com

Here is the analysis regarding the recent performance, outlook, and future EPS projections for AVIC Shenyang Aircraft Company Limited (600760.SS):

Financial Performance Decline: Both revenue and net income saw significant decreases, primarily due to fluctuations in delivery schedules and production timelines.
Minor Equity Adjustments: Institutional investors, including the China Integrated Circuit Industry Investment Fund Phase II, have increased their positions, suggesting strategic accumulation by large-scale capital, while the overall major shareholder structure remains stable.
Product and Capacity Focus: Despite short-term financial volatility, the company continues to advance the mass production of fifth-generation fighters and new models (such as the J-35 carrier-borne aircraft), maintaining its status as a core component of China’s defense aviation supply chain.

Seasonal Delivery Patterns: As the defense aviation industry is heavily influenced by the cyclical nature of national defense procurement plans, the first quarter is typically a seasonal slow period. It is expected that revenue and profitability will gradually stabilize as production schedules accelerate in subsequent quarters.
Strategic Support for Domestic Capabilities: As a core subsidiary of the Aviation Industry Corporation of China (AVIC), the company maintains a long-term competitive moat through its support for China’s self-reliance aviation strategy and its collaborative work with COMAC on projects like the C919.

Based on consensus analyst estimates, the company’s EPS outlook for the coming year is as follows:

Forecasted EPS: The market consensus for full-year 2026 EPS is estimated to be between 1.15 and 1.26.
Growth Trend: Despite current short-term financial pressure, analysts project the company to maintain a Compound Annual Growth Rate (CAGR) in revenue of approximately 10% over the next three years.

Source:

AVIC Shenyang – 2026Q1