TacticScale

What Aecc Aero Science and Technology (航发科技) Does & How It Makes Money (600391.SS)

Updated October 2026 · reflects Aecc Aero Science and Technology's latest reported financials

Chinese maker of aero-engine and gas turbine components. It earns revenue by manufacturing and selling aero-engine and gas turbine components to customers in the aerospace and energy equipment sectors.

Aecc Aero Science and Technology's story, moat and numbers — in a 3-minute visual book.

Explore Aecc Aero Science and Technology on TacticScale →

How Aecc Aero Science and Technology makes money

It earns revenue by manufacturing and selling aero-engine and gas turbine components to customers in the aerospace and energy equipment sectors.

What Aecc Aero Science and Technology does

Aecc Aero Science and Technology Co.,Ltd is a Chengdu-based manufacturer of aero-engine and gas turbine components, operating in China's aerospace and defense industry. Incorporated in 1999, it was formerly known as Sichuan Chengfa Aero-Science & Technology and adopted its current name in April 2017. The company's business centers on producing and manufacturing parts for aircraft engines and gas turbines, positioning it as a component supplier within the aviation and power-equipment supply chain.

Products & services

航发科技是做什么的?

航发科技(Aecc Aero Science and Technology)是一家总部位于成都的航空发动机及燃气轮机零部件制造企业,属于中国航空航天与国防行业。公司成立于1999年,原名四川成发航空科技股份有限公司,2017年4月更名为现名。 公司主要从事航空发动机和燃气轮机零部件的生产制造,是航空和动力装备产业链中的零部件供应商。

What is Aecc Aero Science and Technology worth?

On an owner-earnings DCF, Aecc Aero Science and Technology's most-likely value is about ¥35 versus a recent price near ¥35 (1% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~¥19) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge
Owner-earnings fair value · recent price ≈ ¥35
Fair value (most likely)
¥35
Range
¥27–¥54
No-growth floor
¥19
Price
~¥35

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Industrials Industry Aerospace & Defense HQ China Ticker 600391.SS Official site

Related companies

Aecc Aero-Engine Control (000738.SZ) · AECC Aviation Power (600893.SS) · GE Aerospace (GE) · AVIC Chengdu Aircraft (302132.SZ)