Airtac International Group

1590: XTAI (TWN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	TWD 471.00	Dsqpz	Xjvfcxkwz

Earnings Recovery on Track but AirTAC Remains Overvalued

Chokwai Lee

Apr 27, 2023

Business Strategy and Outlook

AirTAC is the second-largest pneumatic components maker in China, with more than 20% market share in 2022. We think the firm’s leadership position is underpinned by its reputable brand, record, comprehensive sales network, and strong operating efficiency.

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To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

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