AVIC AIRBORNE SYSTEMS CO LTD

AVIC AIRBORNE SYSTEMS CO LTD — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	23.9B	29.0B	27.7B	9.8B	8.7B	8.4B	7.6B	7.0B	7.0B	6.8B	6.6B	6.0B	5.5B	3.7B	3.2B	1.2B	2.3B	1.2B	2.4B	3.4B
Revenue Growth %	-17.7%	4.6%	181.8%	12.5%	4.7%	9.3%	8.8%	0.9%	2.2%	3.1%	10.1%	8.2%	51.3%	12.9%	170.7%	-47.5%	83.1%	-47.6%	-30.0%	--
Total Revenue	23.9B	29.0B	27.7B	9.8B	8.7B	8.4B	7.6B	7.0B	7.0B	6.8B	6.6B	6.0B	5.5B	3.7B	3.2B	1.2B	2.3B	1.2B	2.4B	3.4B
Cost Of Revenue	17.2B	20.5B	19.7B	7.0B	6.2B	5.8B	5.4B	4.8B	4.7B	4.6B	4.5B	4.1B	3.7B	2.5B	2.2B	957.0M	2.0B	1.2B	2.2B	3.0B
+Gross Profit	6.7B	8.6B	8.0B	2.9B	2.6B	2.6B	2.3B	2.3B	2.3B	2.2B	2.2B	1.9B	1.9B	1.1B	1.1B	242.0M	274.0M	35.0M	195.0M	402.0M
Gross Margin %	28.2%	29.5%	28.8%	29.1%	29.4%	30.9%	29.7%	32.3%	33.1%	33.0%	32.6%	32.0%	33.5%	30.5%	32.5%	20.2%	12.0%	2.8%	8.2%	11.8%
Total Operating Cost	23.0B	27.1B	26.1B	9.0B	8.1B	8.0B	7.4B	6.5B	6.5B	6.3B	5.9B	5.4B	4.9B	3.2B	2.8B	1.1B	2.5B	1.6B	2.5B	3.5B
Selling Expenses	185.0M	201.0M	266.0M	103.0M	114.0M	142.0M	121.0M	109.0M	97.1M	89.3M	99.5M	105.0M	105.0M	84.0M	57.4M	53.6M	201.0M	137.0M	105.0M	193.0M
Admin Expenses	2.1B	2.5B	2.5B	924.0M	803.0M	914.0M	934.0M	883.0M	1.3B	1.3B	1.1B	1.0B	891.0M	541.0M	503.0M	105.0M	191.0M	89.9M	126.0M	130.0M
Rd Expenses	2.7B	3.5B	2.7B	827.0M	647.0M	580.0M	447.0M	390.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	102.0M	99.4M	70.1M	99.9M	254.0M	301.0M	305.0M	241.0M	242.0M	250.0M	168.0M	121.0M	116.0M	32.7M	24.7M	13.0M	45.5M	31.8M	21.1M	35.1M
+Operating Income	1.3B	2.2B	1.9B	882.0M	731.0M	607.0M	474.0M	604.0M	498.0M	627.0M	678.0M	709.0M	701.0M	471.0M	437.0M	37.6M	-374.0M	-636.0M	-269.0M	-53.5M
Operating Margin %	5.4%	7.7%	7.0%	9.0%	8.4%	7.3%	6.2%	8.6%	7.2%	9.2%	10.3%	11.8%	12.6%	12.9%	13.5%	3.1%	-16.4%	-51.0%	-11.3%	-1.6%
Non Operating Income	41.4M	44.4M	20.5M	6.0M	8.0M	35.6M	96.6M	51.1M	93.6M	84.5M	63.3M	76.8M	43.0M	43.6M	36.4M	8.2M	47.7M	55.7M	33.5M	213,900
Non Operating Expenses	19.3M	17.4M	23.0M	6.6M	20.0M	11.7M	5.1M	17.5M	8.3M	31.0M	19.5M	15.1M	4.8M	4.7M	9.2M	1.5M	5.1M	76,600	323,800	4.8M
Investment Income	134.0M	153.0M	93.8M	-2.2M	-5.8M	198.0M	123.0M	13.6M	6.9M	137.0M	11.6M	70.0M	9.7M	8.7M	4.1M	-11.1M	-157.0M	-318.0M	-122.0M	-1.6M
Fair Value Change Income	-58,100	-712,300	-340,900	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Asset Disposal Income	-324,900	-906,200	2.5M	3.0M	268,200	7.2M	988,700	654,900	-715,100	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	174.0M	166.0M	348.0M	65.6M	36.3M	141.0M	163.0M	89.6M	131.0M	68.6M	82.3M	16.4M	43.9M	-10.6M	28.3M	8.1M	21.4M	71.6M	29.4M	--
Other Income	255.0M	211.0M	222.0M	68.5M	75.6M	63.5M	85.2M	73.6M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	1.3B	2.3B	1.9B	881.0M	719.0M	631.0M	566.0M	637.0M	583.0M	681.0M	722.0M	770.0M	740.0M	510.0M	464.0M	44.3M	-332.0M	-580.0M	-236.0M	-23.0M
Income Tax	115.0M	108.0M	137.0M	63.4M	64.1M	52.5M	83.1M	78.3M	105.0M	173.0M	109.0M	120.0M	128.0M	87.2M	49.5M	18.0M	15.0M	7.5M	4.6M	10.4M
+Net Income	1.2B	2.1B	1.8B	818.0M	655.0M	579.0M	483.0M	559.0M	478.0M	508.0M	613.0M	650.0M	611.0M	423.0M	414.0M	26.3M	-347.0M	-588.0M	-240.0M	-33.4M
Net Margin %	5.0%	7.4%	6.5%	8.3%	7.5%	6.9%	6.3%	8.0%	6.9%	7.5%	9.3%	10.8%	11.0%	11.5%	12.8%	2.2%	-15.2%	-47.2%	-10.1%	-1.0%
Net Income Attributable	1.0B	1.9B	1.4B	799.0M	631.0M	556.0M	479.0M	542.0M	460.0M	477.0M	601.0M	627.0M	603.0M	411.0M	374.0M	25.5M	-346.0M	-588.0M	-240.0M	16.7M
Minority Interest	153.0M	263.0M	439.0M	19.0M	24.6M	22.6M	3.2M	16.4M	17.6M	30.5M	12.6M	22.4M	8.7M	12.1M	40.3M	816,900	-459,500	--	--	-50.1M
Eps Basic	0.22	0.44	0.41	0.42	0.35	0.32	0.27	0.31	0.26	0.27	0.34	0.36	0.35	0.31	0.46	0.06	-0.84	-1.43	-0.59	0.04
Eps Diluted	0.22	0.44	0.41	0.42	0.35	0.32	0.27	0.31	0.26	0.27	0.34	--	0.35	0.31	0.46	0.06	-0.84	-1.43	-0.59	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	13.0B	13.7B	11.5B	3.9B	3.9B	3.4B	2.5B	4.3B	2.3B	2.4B	2.1B	2.4B	2.0B	1.1B	1.2B	185.0M	428.0M	414.0M	440.0M	590.0M
Trading Financial Assets	776,200	834,300	1.5M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Accounts Receivable	23.5B	20.1B	17.1B	6.5B	7.5B	6.9B	6.5B	5.8B	5.2B	4.5B	3.9B	3.3B	3.0B	1.7B	1.4B	178.0M	860.0M	409.0M	714.0M	459.0M
Notes Receivable	4.4B	6.4B	3.8B	2.1B	1.6B	1.8B	2.2B	1.7B	1.5B	1.2B	1.1B	729.0M	595.0M	306.0M	326.0M	64.8M	73.8M	141.0M	117.0M	690.0M
Notes And Accounts Receivable	27.8B	26.5B	20.9B	8.6B	9.1B	8.7B	8.8B	7.5B	6.7B	5.8B	5.0B	4.0B	3.6B	2.0B	1.7B	242.0M	934.0M	549.0M	831.0M	1.1B
Prepayments	440.0M	545.0M	710.0M	389.0M	360.0M	379.0M	250.0M	239.0M	254.0M	326.0M	326.0M	376.0M	282.0M	220.0M	213.0M	6.1M	50.5M	56.5M	56.9M	286.0M
Inventory	15.6B	13.9B	13.0B	6.1B	4.7B	4.0B	3.7B	3.3B	2.8B	2.7B	2.5B	2.2B	2.0B	1.3B	1.1B	141.0M	431.0M	312.0M	196.0M	868.0M
Total Current Assets	59.5B	55.5B	47.0B	19.4B	18.4B	17.0B	15.9B	15.8B	12.4B	11.4B	10.1B	9.1B	8.1B	4.7B	4.3B	586.0M	1.9B	1.4B	1.5B	3.0B
Long Term Equity Investment	875.0M	843.0M	730.0M	30.1M	32.9M	31.6M	40.1M	37.7M	41.1M	36.3M	31.0M	33.6M	202.0M	157.0M	124.0M	2.0M	437.0M	601.0M	730.0M	7.1M
Fixed Assets	--	10.8B	10.1B	4.1B	3.5B	2.9B	3.1B	3.1B	2.9B	2.9B	2.3B	2.2B	2.1B	1.3B	1.2B	200.0M	584.0M	507.0M	704.0M	2.6B
Fixed Assets Total	11.3B	10.8B	10.1B	4.1B	3.5B	2.9B	3.1B	3.1B	2.9B	2.9B	2.3B	2.2B	2.1B	1.3B	1.2B	200.0M	584.0M	507.0M	704.0M	2.6B
Construction In Progress	--	1.9B	2.0B	1.2B	1.4B	1.5B	1.2B	859.0M	702.0M	374.0M	957.0M	710.0M	520.0M	328.0M	223.0M	7.7M	17.1M	16.9M	6.0M	263.0M
Construction In Progress Total	1.6B	1.9B	2.0B	1.2B	1.4B	1.5B	1.2B	859.0M	702.0M	374.0M	957.0M	710.0M	520.0M	328.0M	223.0M	10.5M	18.2M	16.9M	6.0M	263.0M
Intangible Assets	1.8B	1.9B	1.9B	772.0M	719.0M	680.0M	723.0M	722.0M	700.0M	617.0M	669.0M	659.0M	644.0M	383.0M	366.0M	146.0M	160.0M	63,300	2.1M	17.4M
Long Term Deferred Expenses	30.4M	26.9M	13.3M	12.2M	11.5M	6.2M	8.0M	4.4M	5.6M	4.9M	5.6M	2.0M	2.6M	2.8M	3.6M	--	--	--	--	--
Total Non Current Assets	18.6B	18.0B	17.7B	6.8B	6.3B	5.7B	5.8B	5.4B	5.1B	4.8B	4.4B	4.1B	3.7B	2.4B	2.2B	368.0M	1.2B	1.1B	1.4B	2.9B
Total Assets	78.1B	73.5B	64.7B	26.3B	24.7B	22.7B	21.7B	21.2B	17.5B	16.2B	14.5B	13.2B	11.8B	7.1B	6.5B	954.0M	3.1B	2.5B	3.0B	5.8B
Short Term Borrowings	6.8B	3.5B	3.9B	2.4B	3.0B	4.2B	3.1B	3.5B	3.0B	2.8B	3.5B	2.9B	1.9B	629.0M	486.0M	43.0M	664.0M	672.0M	471.0M	954.0M
Accounts Payable	17.4B	15.3B	12.1B	4.8B	4.6B	4.2B	4.1B	3.6B	3.3B	3.1B	2.7B	2.2B	1.9B	1.1B	894.0M	65.1M	1.1B	986.0M	982.0M	1.7B
Advance Receipts	52.5M	41.4M	56.7M	6.0M	--	--	91.8M	57.5M	57.7M	53.0M	62.7M	78.8M	90.0M	115.0M	90.7M	7.9M	42.9M	29.1M	13.3M	59.0M
Contract Liabilities	1.4B	2.4B	3.9B	1.4B	120.0M	73.1M	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	35.1B	29.8B	31.7B	12.1B	11.1B	11.4B	11.0B	9.6B	9.1B	8.1B	8.0B	7.0B	5.1B	2.6B	2.3B	226.0M	2.4B	2.0B	1.9B	3.4B
Long Term Borrowings	3.3B	4.3B	1.6B	1.6B	680.0M	338.0M	305.0M	1.6B	1.7B	1.7B	618.0M	661.0M	384.0M	273.0M	289.0M	13.0M	14.5M	--	--	--
Total Non Current Liabilities	3.8B	6.0B	3.0B	2.6B	2.6B	3.1B	2.8B	4.1B	2.2B	2.2B	1.0B	1.2B	788.0M	717.0M	922.0M	27.9M	45.4M	--	--	--
Total Liabilities	38.9B	35.8B	34.7B	14.6B	13.7B	14.5B	13.7B	13.8B	11.3B	10.3B	9.1B	8.1B	5.9B	3.3B	3.3B	254.0M	2.5B	2.0B	1.9B	3.4B
Paid In Capital	4.8B	4.8B	3.3B	1.9B	1.9B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.4B	822.0M	485.0M	485.0M	410.0M	410.0M	410.0M	410.0M
Capital Reserve	20.3B	19.6B	9.0B	4.1B	4.1B	1.5B	1.6B	1.4B	1.2B	1.2B	999.0M	1.3B	3.2B	2.5B	2.8B	1.1B	1.2B	835.0M	835.0M	838.0M
Surplus Reserve	717.0M	621.0M	522.0M	488.0M	456.0M	436.0M	436.0M	416.0M	416.0M	394.0M	360.0M	328.0M	295.0M	160.0M	160.0M	81.2M	81.2M	60.8M	60.8M	60.8M
Retained Earnings	10.9B	10.6B	9.3B	4.8B	4.3B	3.8B	3.4B	3.1B	2.6B	2.3B	1.9B	1.4B	897.0M	-324,700	-411.0M	-988.0M	-1.1B	-855.0M	-268.0M	-35.3M
Minority Equity	1.8B	1.6B	7.8B	415.0M	402.0M	382.0M	352.0M	339.0M	267.0M	271.0M	239.0M	224.0M	195.0M	240.0M	211.0M	5.4M	3.2M	--	--	1.2B
Equity Attributable	37.5B	36.1B	22.2B	11.2B	10.6B	7.8B	7.6B	7.1B	6.0B	5.7B	5.2B	4.9B	5.7B	3.5B	3.0B	695.0M	631.0M	451.0M	1.0B	1.3B
Total Equity	39.2B	37.7B	30.0B	11.7B	11.0B	8.2B	7.9B	7.4B	6.3B	5.9B	5.4B	5.1B	5.9B	3.7B	3.2B	700.0M	634.0M	451.0M	1.0B	2.5B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	20.9B	23.3B	20.9B	10.9B	7.7B	7.1B	5.5B	5.6B	5.5B	5.7B	4.9B	5.2B	4.0B	3.1B	3.2B	1.1B	1.9B	1.2B	1.7B	4.2B
Tax Refunds Received	19.4M	96.5M	233.0M	41.7M	39.0M	57.3M	1.1M	2.9M	11.0M	11.0M	1.8M	5.6M	2.0M	6.1M	1.5M	1.9M	29.2M	3.1M	16,500	3.9M
Total Operating Cash Inflow	22.8B	25.0B	22.5B	11.4B	8.1B	7.7B	6.1B	6.1B	5.8B	6.1B	5.4B	5.9B	4.5B	3.4B	3.4B	1.2B	2.0B	1.3B	1.8B	4.2B
Cash Paid For Goods	14.2B	15.2B	13.6B	6.0B	3.9B	3.6B	2.9B	3.1B	2.4B	2.3B	2.7B	2.8B	2.1B	1.9B	1.8B	783.0M	1.7B	987.0M	1.2B	3.6B
Cash Paid To Employees	7.5B	7.4B	7.1B	2.7B	2.3B	2.4B	2.1B	2.1B	1.9B	1.8B	1.7B	1.5B	1.4B	898.0M	738.0M	163.0M	194.0M	81.0M	103.0M	120.0M
Taxes Paid	1.5B	1.5B	775.0M	177.0M	192.0M	219.0M	265.0M	272.0M	253.0M	255.0M	203.0M	212.0M	188.0M	126.0M	122.0M	34.9M	61.9M	125.0M	109.0M	220.0M
Total Operating Cash Outflow	24.7B	26.0B	23.5B	9.9B	7.3B	6.9B	6.1B	6.2B	5.9B	5.6B	5.3B	5.6B	4.6B	3.3B	3.0B	1.1B	2.3B	1.3B	1.5B	4.1B
Operating Cash Flow	-2.0B	-1.0B	-930.0M	1.6B	810.0M	736.0M	34.9M	-101.0M	-105.0M	520.0M	91.1M	305.0M	-12.5M	102.0M	417.0M	116.0M	-346.0M	-45.2M	226.0M	52.5M
Total Investing Cash Inflow	2.0B	794.0M	2.3B	14.1M	265.0M	175.0M	135.0M	207.0M	472.0M	446.0M	1.1B	1.3B	207.0M	17.1M	37.7M	2.6M	22.5M	45.3M	244,300	2.9M
Total Investing Cash Outflow	2.9B	2.1B	4.1B	854.0M	881.0M	817.0M	1.1B	672.0M	891.0M	876.0M	1.6B	2.3B	1.0B	293.0M	214.0M	139.0M	72.0M	198.0M	97.2M	1.3B
Investing Cash Flow	-889.0M	-1.3B	-1.8B	-840.0M	-615.0M	-642.0M	-983.0M	-465.0M	-419.0M	-430.0M	-467.0M	-1.0B	-816.0M	-276.0M	-176.0M	-137.0M	-49.5M	-153.0M	-96.9M	-1.3B
Cash From Borrowings	8.9B	8.3B	6.5B	3.4B	4.7B	6.1B	4.0B	4.2B	3.9B	4.2B	4.9B	4.4B	3.0B	542.0M	308.0M	127.0M	832.0M	775.0M	541.0M	1.2B
Dividends And Interest Paid	909.0M	893.0M	902.0M	383.0M	334.0M	342.0M	357.0M	312.0M	326.0M	324.0M	305.0M	225.0M	319.0M	52.4M	41.1M	13.8M	56.0M	31.8M	26.4M	34.4M
Debt Repayments	5.1B	8.5B	4.5B	3.5B	5.5B	5.6B	4.5B	4.0B	3.6B	3.7B	4.3B	3.3B	2.6B	394.0M	375.0M	169.0M	721.0M	574.0M	495.0M	931.0M
Total Financing Cash Inflow	9.4B	15.0B	7.0B	3.8B	6.9B	7.2B	4.5B	7.1B	4.4B	4.4B	5.0B	4.5B	3.7B	570.0M	453.0M	130.0M	837.0M	779.0M	546.0M	2.0B
Total Financing Cash Outflow	6.4B	10.3B	5.5B	4.6B	6.5B	6.4B	5.3B	4.4B	3.9B	4.0B	4.6B	3.6B	3.0B	457.0M	440.0M	183.0M	777.0M	606.0M	522.0M	967.0M
Financing Cash Flow	3.0B	4.7B	1.5B	-717.0M	409.0M	775.0M	-782.0M	2.7B	482.0M	380.0M	399.0M	936.0M	777.0M	113.0M	12.5M	-52.3M	60.0M	173.0M	24.1M	1.0B
Net Change In Cash	164.0M	2.4B	-1.2B	-6.5M	603.0M	867.0M	-1.7B	2.2B	-40.3M	470.0M	23.7M	235.0M	-51.2M	-62.7M	252.0M	-72.8M	-335.0M	-25.5M	153.0M	-211.0M
Ending Cash Balance	12.1B	12.0B	9.6B	3.9B	3.9B	3.3B	2.5B	4.2B	2.0B	2.1B	1.6B	1.6B	1.3B	1.1B	1.2B	185.0M	257.0M	414.0M	440.0M	--
Capex	2.0B	1.4B	1.6B	820.0M	881.0M	783.0M	850.0M	666.0M	629.0M	536.0M	477.0M	612.0M	426.0M	259.0M	208.0M	53.7M	72.0M	9.4M	96.6M	1.3B