CompanyGraph
Guangzhou Hangxin Aviation Technology Co., Ltd.
300424 · SZSE · China
hangxin.comFinancials as of FY2025
What stands out
- Most companies in its industry are production businesses; this one is a flow business
At a glance
- Depends onMidstream position: 6 outgoing, 5 incoming connections
- ScaleLevered free cash flow is $32.41M, above the global median of $18.73M
- FinancialsAltman Z-Score 2.32: grey zone
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are production businesses; this one is a flow business
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
4.13BCNY616.14M · vs all stocks (USD)
Revenue (TTM)
1.69BCNY251.92M · vs all stocks (USD)
Profit Margin
-4.66%vs Aerospace & Defense peers
Beta
0.5640xvs all stocks
52-Week Change
3.21%vs all stocks
Market Capitalization
4.13BCNY616.14M · vs all stocks (USD)
Enterprise Value
4.78BCNY713.88M · vs all stocks (USD)
Forward P/E
20.90xvs Aerospace & Defense peers
Price to Sales (TTM)
2.45xvs Aerospace & Defense peers
Price to Book (MRQ)
5.40xvs Aerospace & Defense peers
Enterprise to Revenue
2.83xvs Aerospace & Defense peers
Enterprise to EBITDA
93.96xvs Aerospace & Defense peers
Gross Margin
8.43%vs Aerospace & Defense peers
Profit Margin
-4.66%vs Aerospace & Defense peers
Operating Margin
-14.18%vs Aerospace & Defense peers
Return on Assets (TTM)
-0.66%vs Aerospace & Defense peers
Return on Equity (TTM)
-9.45%vs Aerospace & Defense peers
Revenue (TTM)
1.69BCNY251.92M · vs all stocks (USD)
Revenue per Share (TTM)
6.88CNYUpdated Sep 20, 2026Quarterly Revenue Growth
-45.20%vs Aerospace & Defense peers
Gross Profit (TTM)
359.75MCNY53.68M · vs all stocks (USD)
EBITDA (TTM)
236.31MCNY35.26M · vs all stocks (USD)
Net Income (TTM)
-78.66MCNY-11.74M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-25.07%vs Aerospace & Defense peers
Operating Cash Flow (TTM)
265.57MCNY39.63M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
217.22MCNY32.41M · vs all stocks (USD)
5-Year Average Dividend Yield
0.08%vs all stocks
Payout Ratio
0.00%vs Aerospace & Defense peers
Minority Interest (Equity)
42.68MCNYFY2025 · Dec 31, 2025Revenue
1.76BCNYFY2025 · Dec 31, 2025Cost of Goods Sold
1.26BCNYFY2025 · Dec 31, 2025Gross Profit
500.90MCNYFY2025 · Dec 31, 2025Operating Income
133.82MCNY19.97M · vs all stocks (USD)
Pre-tax Income
-49.35MCNYFY2025 · Dec 31, 2025Income Tax Expense
-11.29MCNYFY2025 · Dec 31, 2025Net Income
-38.06MCNYFY2025 · Dec 31, 2025EBIT
21.30MCNYFY2025 · Dec 31, 2025EBITDA (Income Statement)
236.31MCNYFY2025 · Dec 31, 2025Research & Development
74.32MCNYFY2025 · Dec 31, 2025Selling, General & Administrative
114.99MCNYFY2025 · Dec 31, 2025Other Operating Expenses
7.28MCNYFY2025 · Dec 31, 2025Non-operating Interest Income
416.44KCNYFY2025 · Dec 31, 2025Non-operating Interest Expense
70.65MCNYFY2025 · Dec 31, 2025EPS (Basic)
-0.1838CNYFY2025 · Dec 31, 2025EPS (Diluted)
-0.1838CNYFY2025 · Dec 31, 2025Basic Shares Outstanding
245.37MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
245.37MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
-38.06MCNYFY2025 · Dec 31, 2025Minority Interests (P&L)
-7.04MCNYFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00CNYFY2025 · Dec 31, 2025Operating Cash Flow
-153.18MCNYFY2025 · Dec 31, 2025Free Cash Flow
-173.07MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
354.14MCNYFY2025 · Dec 31, 2025Starting Profit (CF Statement)
-38.06MCNYFY2025 · Dec 31, 2025Other Non-cash Items
69.41MCNYFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-35.71MCNYFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
-148.83MCNYFY2025 · Dec 31, 2025Capital Expenditures
-19.88MCNYFY2025 · Dec 31, 2025Sale of Investments
4.00MCNYFY2025 · Dec 31, 2025Net Investing Cash Flow
-15.88MCNYFY2025 · Dec 31, 2025Long-term Debt Issuance
450.28MCNYFY2025 · Dec 31, 2025Long-term Debt Payments
-503.29MCNYFY2025 · Dec 31, 2025Common Dividends Paid
-61.53MCNYFY2025 · Dec 31, 2025Other Financing Charges
49.45MCNYFY2025 · Dec 31, 2025Net Financing Cash Flow
-65.09MCNYFY2025 · Dec 31, 2025Shares Outstanding
249.12MSharesUpdated Sep 20, 2026Float Shares
207.61MSharesUpdated Sep 20, 2026% Held by Insiders
18.02%vs all stocks
% Held by Institutions
1.59%vs all stocks
Total Cash (MRQ)
248.82MCNY37.13M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.9990CNYUpdated Sep 20, 2026Total Debt (MRQ)
979.16MCNY146.11M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.24xvs Aerospace & Defense peers
Current Ratio (MRQ)
1.26xvs Aerospace & Defense peers
Book Value per Share (MRQ)
2.98CNYUpdated Sep 20, 2026Total Assets
2.49BCNY370.86M · vs all stocks (USD)
Total Current Assets
1.64BCNYFY2025 · Dec 31, 2025Total Liabilities
1.73BCNYFY2025 · Dec 31, 2025Total Non-current Assets
848.08MCNYFY2025 · Dec 31, 2025Total Non-current Liabilities
307.92MCNYFY2025 · Dec 31, 2025Total Current Liabilities
1.42BCNYFY2025 · Dec 31, 2025Cash
354.14MCNYFY2025 · Dec 31, 2025Cash Equivalents
2.90MCNYFY2025 · Dec 31, 2025Cash & Cash Equivalents
357.04MCNYFY2025 · Dec 31, 2025Accounts Receivable
616.48MCNYFY2025 · Dec 31, 2025Inventory
568.68MCNYFY2025 · Dec 31, 2025Accounts Payable
375.69MCNYFY2025 · Dec 31, 2025Short-term Debt
680.97MCNYFY2025 · Dec 31, 2025Other Current Liabilities
3.08MCNYFY2025 · Dec 31, 2025Long-term Debt
290.53MCNYFY2025 · Dec 31, 2025Common Stock (Book)
245.43MCNYFY2025 · Dec 31, 2025Retained Earnings
82.76MCNYFY2025 · Dec 31, 2025Total Shareholders' Equity
758.96MCNY113.25M · vs all stocks (USD)
52-Week Low
11.48CNYUpdated Sep 20, 202652-Week High
23.30CNYUpdated Sep 20, 202652-Week Change
3.21%vs all stocks
Beta
0.5640xvs all stocks
50-Day MA
13.92CNYUpdated Sep 20, 2026200-Day MA
17.21CNYUpdated Sep 20, 2026Avg 10-Day Volume
11.69MSharesUpdated Sep 20, 2026Avg 30-Day Volume
9.93MSharesUpdated Sep 20, 2026Diluted EPS (TTM)
-0.3200CNYUpdated Sep 20, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Most companies in its industry are production businesses; this one is a flow businessSignificant
Industry peers: 198Share on the common pattern %: 96.00
Financial Health
Altman Z-Score 2.32: grey zoneSignificant
Altman Z-Score: 2.32
Low earnings qualitySignificant
Earnings Quality Score: -2.44
Supply Chain
Midstream position: 6 outgoing, 5 incoming connectionsNotable
Outgoing: 6.00Incoming: 5.00
High connectivity hub: 11 industry connectionsNotable
Total Connections: 11.00
Scale
Levered free cash flow is $32.41M, above the global median of $18.73MNotable
Levered free cash flow (USD): 32,413,990.991Global Median: 18,729,043.027
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