Avic Chengdu Aircraft Co Ltd: Market Activity and Financial Overview
On May 9, 2025, the financial markets experienced a notable session with Avic Chengdu Aircraft Co Ltd, listed on the Shenzhen Stock Exchange, drawing significant attention. The company’s stock saw a remarkable trading volume, leading the A-share market with a turnover of 91 billion CNY. This activity placed it at the forefront of the market, surpassing other companies such as Runhe Software, Xin Yisheng, Nide Group, and Tuwei Information, which recorded turnovers of 65.74 billion CNY, 60.98 billion CNY, 58.58 billion CNY, and 57.8 billion CNY, respectively.
The broader market context saw the Shanghai Composite Index (Shanghai Index) decline by 0.3%, the Shenzhen Component Index (Shenzhen Index) by 0.69%, and the ChiNext Index (ChiNext) by 0.87%. The total turnover for the Shanghai and Shenzhen markets was 11.9 trillion CNY, a decrease of 1014 billion CNY from the previous trading day.
In terms of capital flow, the market witnessed a net outflow of 572.37 billion CNY from major funds. The sectors that attracted the most capital included automotive manufacturing, engineering consulting services, and energy metals, with the automotive sector seeing a net inflow of 2.32 billion CNY.
Despite the overall market downturn, Avic Chengdu Aircraft Co Ltd stood out with its exceptional trading volume. This activity was part of a broader trend where military and aerospace stocks, including Chengdu Aircraft, experienced significant gains. Chengdu Aircraft, in particular, saw its stock price increase by over 5%, marking a strong performance in a week where military stocks were notably active.
The company’s financial fundamentals as of May 8, 2025, show a closing price of 79.88 CNY, with a 52-week high of 96.9 CNY and a low of 38.18 CNY. The market capitalization stands at 185,581,306,507 CNY, with a price-to-earnings ratio of 385.524.
Avic Chengdu Aircraft Co Ltd, primarily operating in the electronic equipment, instruments, and components sector, continues to be a significant player in the market, reflecting both its strategic importance and investor interest in the aerospace and defense sectors.