Airtac International Group
1590: XTAI (TWN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|QV | LOCK|!fTp$ | LOCK|zWW$^b%! |
We Reduce AirTAC's Sales Forecast Amid Headwind From Battery and Solar Industries
Business Strategy and Outlook
AirTAC is the second-largest pneumatic components maker in China, with 27% market share in 2023. We think the firm’s leadership position is underpinned by its reputable brand, established track record, comprehensive sales and service network, and strong operating efficiency.
