Keep in mind that CAC itself is undergoing large scale factory expansion that has only completed recently. The new facilities are likely to be more automated than ever before so it would need to hire more skilled labors needed to operate them.It's a shame that the J-20 production rate may be close to full capacity. Chengfei's turnover growth rate in 2023 has dropped from more than 20% per year for many years to 10%. This may be the reason why the Air Force received the J-35A. Chengfei can no longer meet the Air Force's production capacity requirements for the 4th generation aircraft.
Chengfei turnover statistics over the years
2017
20 billion yuan
2018
No official data source
2019
30 billion yuan
2020
41.1 billion yuan
2021
55 billion yuan
2022
67.2 billion yuan
2023
74.9 billion yuan
Chengfei turnover sources in the past two years
Wow ... I totally missed, that after the three confirmed J-20S (J-20AS/J-20B ??) twin-seater - known are the numbers 2031, 2032 & 2033 - Huitong has updated his site with a fourth one numbered 2036!
And usually, there should be a no. 2035 too.
(Image via Huitong's CMA-Blog)
View attachment 138751
Only some 205Xs have WS-15's no?Looks like this one is still on WS-10C?
Only some 205Xs have WS-15's no?
Another thing to consider for CAC is that they also have a large civilian division that produces parts for modern airliner. We cannot draw conclusions on their J-20 production based on revenue alone.Keep in mind that CAC itself is undergoing large scale factory expansion that has only completed recently. The new facilities are likely to be more automated than ever before so it would need to hire more skilled labors needed to operate them.
The supply chain expansion also takes several years to complete. As I previously stated, the meta material capacity expansion with expand 10 fold over next 4 to 6 years. The main suppliers of carbon fiber to PLA also just got its latest T700/T800 into production and is rapidly adding capacity. I would assume similar expansion are in place for the engine producers, the radar producers, the power semiconductor producers. You can go check their expansion plan and revenue growth projections to see this.
But one interesting part is that it's revenue increased from 41B in 2020 (when it produced like 15 J-20s and maybe 30 J-10s) to 75B in 2023 (when it produced like 70 J-20s and 10-15 J-10CEs?). So the difference for about 50 J-20s is < 35B RMB (assuming some increase in civilian side of things + maintenance and support for fighter jet also). you might be looking at most $4B (but probably quite a bit less than) for 50 J-20s -> at most $80m per J-20s. I had put the price of each J-20 at around $75m. I think that's general ball park.Chengfei turnover statistics over the years
2017
20 billion yuan
2018
No official data source
2019
30 billion yuan
2020
41.1 billion yuan
2021
55 billion yuan
2022
67.2 billion yuan
2023
74.9 billion yuan