AECC Aviation Power Co (SHSE:600893) Piotroski F-Score: 5 (As of Sep. 01, 2026) — Near Median

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SHSE:600893 AECC Aviation Power Co Ltd SHSE:600893
68 GF Score
Price ¥38.51
GF Value ¥44.03
Valuation Modestly Undervalued
! 8 Warning Signs
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What is AECC Aviation Power Co Piotroski F-Score?

AECC Aviation Power Co SHSE:600893 -0.39% 68 Piotroski F-Score is 5 as of Sep. 01, 2026, which is at its 10-year median of 5.00. GuruFocus rates SHSE:600893 with a GF Score™ of 68/100 and a GF Value™ of ¥44.03 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 325 Aerospace & Defense companies, AECC Aviation Power Co ranks better than 54.46% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

AECC Aviation Power Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for AECC Aviation Power Co's Piotroski F-Score or its related term are showing as below:

SHSE:600893' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 7
Current: 5

During the past 13 years, the highest Piotroski F-Score of AECC Aviation Power Co was 7. The lowest was 1. And the median was 5.

AECC Aviation Power Co  (SHSE:600893) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


AECC Aviation Power Co Piotroski F-Score Related Terms


AECC Aviation Power Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for AECC Aviation Power Co's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AECC Aviation Power Co Piotroski F-Score Chart

AECC Aviation Power Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 1.00 5.00 2.00 3.00

AECC Aviation Power Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 3.00 3.00 3.00 5.00

SHSE:600893 vs SPCX, GE, RTX: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, AECC Aviation Power Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AECC Aviation Power Co Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aviation Power Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where AECC Aviation Power Co's Piotroski F-Score falls into.


SHSE:600893
68GF Score
AECC Aviation Power Co Ltd SHSE:600893
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 16.184 + 526.366 + 2.559 + 143.662 = ¥689 Mil.
Cash Flow from Operations was 701.884 + 4048.641 + 3367.393 + -10828.465 = ¥-2,711 Mil.
Revenue was 8813.796 + 23419.286 + 7077.226 + 13677.342 = ¥52,988 Mil.
Gross Profit was 916.628 + 1762.193 + 772.074 + 1105.539 = ¥4,556 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(118502.961 + 127356.804 + 123071.59 + 122724.621 + 132957.296) / 5 = ¥124922.6544 Mil.
Total Assets at the begining of this year (Jun25) was ¥118,503 Mil.
Long-Term Debt & Capital Lease Obligation was ¥700 Mil.
Total Current Assets was ¥99,252 Mil.
Total Current Liabilities was ¥87,594 Mil.
Net Income was 131.424 + 134.132 + 7.511 + 84.267 = ¥357 Mil.

Revenue was 7408.548 + 21923.303 + 6164.858 + 7933.555 = ¥43,430 Mil.
Gross Profit was 962.323 + 1925.522 + 602.583 + 942.407 = ¥4,433 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(108153.738 + 113044.419 + 115913.299 + 112812.045 + 118502.961) / 5 = ¥113685.2924 Mil.
Total Assets at the begining of last year (Jun24) was ¥108,154 Mil.
Long-Term Debt & Capital Lease Obligation was ¥922 Mil.
Total Current Assets was ¥85,810 Mil.
Total Current Liabilities was ¥75,133 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

AECC Aviation Power Co's current Net Income (TTM) was 689. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

AECC Aviation Power Co's current Cash Flow from Operations (TTM) was -2,711. ==> Negative ==> Score 0.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=688.771/118502.961
=0.00581227

ROA (Last Year)=Net Income/Total Assets (Jun24)
=357.334/108153.738
=0.00330394

AECC Aviation Power Co's return on assets of this year was 0.00581227. AECC Aviation Power Co's return on assets of last year was 0.00330394. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

AECC Aviation Power Co's current Net Income (TTM) was 689. AECC Aviation Power Co's current Cash Flow from Operations (TTM) was -2,711. ==> -2,711 <= 689 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=699.807/124922.6544
=0.00560192

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=921.599/113685.2924
=0.00810658

AECC Aviation Power Co's gearing of this year was 0.00560192. AECC Aviation Power Co's gearing of last year was 0.00810658. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=99252.076/87594.207
=1.1330895

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=85810.162/75132.741
=1.14211409

AECC Aviation Power Co's current ratio of this year was 1.1330895. AECC Aviation Power Co's current ratio of last year was 1.14211409. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

AECC Aviation Power Co's number of shares in issue this year was 3289.578. AECC Aviation Power Co's number of shares in issue last year was 3435.893. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=4556.434/52987.65
=0.08599049

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4432.835/43430.264
=0.10206788

AECC Aviation Power Co's gross margin of this year was 0.08599049. AECC Aviation Power Co's gross margin of last year was 0.10206788. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=52987.65/118502.961
=0.44714199

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=43430.264/108153.738
=0.40156045

AECC Aviation Power Co's asset turnover of this year was 0.44714199. AECC Aviation Power Co's asset turnover of last year was 0.40156045. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+0+1+0+1+0+1+0+1
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

AECC Aviation Power Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
AECC Aviation Power Co (SHSE:600893) has a Piotroski F-Score of 5 as of Sep. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AECC Aviation Power Co and its competitors. This is near median its historical median of 5.00. Over the past decade, AECC Aviation Power Co's Piotroski F-Score has ranged from 1.00 to 7.00. According to the industry distribution chart, AECC Aviation Power Co ranks #148 out of 325 companies in the Aerospace & Defense industry, placing it in the top 45.5%.
Is AECC Aviation Power Co's Piotroski F-Score too high?
AECC Aviation Power Co's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 7.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. AECC Aviation Power Co's value of 5 is 0% at this industry median. Based on the distribution chart, AECC Aviation Power Co ranks #148 out of 325 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, AECC Aviation Power Co has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AECC Aviation Power Co's Piotroski F-Score compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, AECC Aviation Power Co ranks #148 out of 325 companies for Piotroski F-Score. This puts AECC Aviation Power Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. AECC Aviation Power Co's value of 5 is 0% at this benchmark. Historically, AECC Aviation Power Co's own Piotroski F-Score has ranged from 1.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, AECC Aviation Power Co has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AECC Aviation Power Co's current Piotroski F-Score of 5 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on AECC Aviation Power Co and its competitors. For the Aerospace & Defense industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AECC Aviation Power Co's current Piotroski F-Score is 5, which is near median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AECC Aviation Power Co stock overvalued right now?
Based on GuruFocus' analysis, AECC Aviation Power Co (SHSE:600893) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥44.03, compared to a current price of ¥38.51 — trading 12.5% below its estimated fair value. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Aerospace & Defense industry median of 5.00. AECC Aviation Power Co's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For AECC Aviation Power Co (SHSE:600893), the current Piotroski F-Score is 5 as of Sep. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AECC Aviation Power Co (SHSE:600893) Overvalued in 2026?

Based on GuruFocus' analysis, AECC Aviation Power Co stock appears to be undervalued. The current stock price of ¥38.51 is trading 12.5% below its estimated GF Value™ of ¥44.03. GuruFocus considers AECC Aviation Power Co to be Modestly Undervalued.

Key valuation signals for SHSE:600893:

  • Piotroski F-Score: 5 (near median its 10-year median of 5.00)
  • GF Value™: ¥44.03 vs. price of ¥38.51 (12.5% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 0% at the Aerospace & Defense median (#148 of 325)

No single metric tells the full story. See the SHSE:600893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AECC Aviation Power Co Business Description

Address Xijiawan, Weiyang District, Shaanxi Province, Xi\'an, CHN, 710021
AECC Aviation Power Co Ltd is a China-based manufacturer of aeronautical engines. It engaged in the design, development, production, maintenance, marketing, and after-sales service of military aircraft and civil aircraft power devices, second power devices, gas turbines, helicopter transmission systems, and aero-engine technology derivative products; customers involved in aviation, aerospace, ships, weapons, Energy, and airspace and other fields. The company designs and produces products such as turbojets, turbofans, turboshafts, turboprops, and pistons, such as aero engines, gas turbines, and helicopter transmission systems.
68GF Score

Get the complete analysis for SHSE:600893

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥38.51
Price
¥44.03
GF Value