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Airtac International Group

1590: XTAI (TWN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
TWD 497.00RlzyzlGsmhfdshbz

AirTAC’s 2022 Results in Line With Expectations; Shares Not Attractive

Business Strategy and Outlook

AirTAC is the second-largest pneumatic components maker in China, with more than 20% market share in 2021. 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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