中商官网
研究报告
观典防务（832317）
主要经济指标
| 类别\年份 | 营业收入 （元) |
营业收入同比 （%) |
营业利润 （元) |
营业利润同比 （%) |
利润总额 （元) |
利润总额同比 （%) |
净利润 （元) |
净利润同比 （%) |
| 2025-03-31 | 13163700.0000 | -60.51 | -15616800.0000 | 77.27 | -16843100.0000 | 92.54 | -16530800.0000 | 96.48 |
| 2024-12-31 | 89983800.0000 | -57.55 | -137000000.0000 | -916.05 | -144000000.0000 | -793.13 | -136000000.0000 | -742.93 |
| 2024-06-30 | 57322800.0000 | -55.22 | -43153700.0000 | -243.49 | -43356000.0000 | -222.60 | -41119600.0000 | -231.03 |
| 2024-03-31 | 33337500.0000 | 4.86 | -8809800.0000 | 116.54 | -8748000.0000 | 277.31 | -8413400.0000 | 211.15 |
| 2024-09-30 | 74260600.0000 | -56.32 | -62112100.0000 | -263.77 | -62942300.0000 | -245.60 | -60805600.0000 | -251.08 |
| 2023-09-30 | 170000000.0000 | -22.02 | 37927300.0000 | -55.14 | 43228600.0000 | -50.62 | 40248300.0000 | -47.90 |
| 2023-12-31 | 212000000.0000 | -27.15 | 16788200.0000 | -81.72 | 20775400.0000 | -78.00 | 21153100.0000 | -74.31 |
| 2022-12-31 | 291000000.0000 | 26.52 | 91852800.0000 | 9.57 | 94450400.0000 | 13.58 | 82326000.0000 | 13.89 |
| 2023-03-31 | 31793300.0000 | -14.03 | -4068500.0000 | -159.07 | -2318500.0000 | -133.91 | -2704000.0000 | -144.09 |
| 2023-06-30 | 128000000.0000 | -17.42 | 30073500.0000 | -56.66 | 35364800.0000 | -51.10 | 31382700.0000 | -49.42 |
| 2022-06-30 | 155000000.0000 | 22.05 | 69383300.0000 | 25.62 | 72325100.0000 | 30.83 | 62046600.0000 | 30.74 |
| 2022-09-30 | 218000000.0000 | 24.57 | 84542400.0000 | 21.98 | 87534200.0000 | 26.13 | 77255700.0000 | 26.17 |
| 2022-03-31 | 36980900.0000 | 12.85 | 6887500.0000 | 5.30 | 6837500.0000 | 4.53 | 6133600.0000 | 6.72 |
| 2021-09-30 | 175000000.0000 | 19.86 | 69306000.0000 | 23.69 | 69398700.0000 | 24.22 | 61230900.0000 | 26.16 |
| 2021-12-31 | 230000000.0000 | 27.78 | 83834000.0000 | 33.92 | 83160200.0000 | 34.11 | 72287900.0000 | 35.22 |
| 2021-06-30 | 127000000.0000 | 13.39 | 55232200.0000 | 11.97 | 55282200.0000 | 12.15 | 47459800.0000 | 11.50 |
| 2021-03-31 | 32770600.0000 | 12.10 | 6541100.0000 | 25.60 | 6541100.0000 | 25.67 | 5747600.0000 | 29.91 |
| 2020-09-30 | 146000000.0000 | 28.07 | 56034100.0000 | 44.02 | 55866400.0000 | 43.59 | 48534500.0000 | 44.92 |
| 2020-06-30 | 112000000.0000 | 34.60 | 49327200.0000 | 57.31 | 49291500.0000 | 57.20 | 42563600.0000 | 52.24 |
| 2020-12-31 | 180000000.0000 | 23.29 | 62598000.0000 | 28.96 | 62009900.0000 | 29.39 | 53460800.0000 | 28.19 |
| 2020-03-31 | 29234400.0000 | 18.19 | 5208000.0000 | 38.73 | 5205000.0000 | 38.65 | 4424200.0000 | 38.65 |
| 2019-12-31 | 146000000.0000 | 39.05 | 48539300.0000 | 101.78 | 47923800.0000 | 106.71 | 41704200.0000 | 102.74 |
| 2019-06-30 | 83209300.0000 | 61.09 | 31356200.0000 | 32.78 | 31356200.0000 | 32.78 | 27958500.0000 | 35.94 |
| 2019-03-31 | 24736100.0000 | 21.54 | 3754000.0000 | 5.47 | 3754000.0000 | 5.48 | 3190900.0000 | 5.48 |
| 2019-09-30 | 114000000.0000 | 72.83 | 38906500.0000 | 62.32 | 38906500.0000 | 62.29 | 33490500.0000 | 60.04 |
| 2018-09-30 | 65961700.0000 | 1.34 | 23969600.0000 | -11.01 | 23974000.0000 | -16.94 | 20926200.0000 | -14.79 |
| 2018-12-31 | 105000000.0000 | 29.06 | 24055700.0000 | -26.68 | 23184600.0000 | -33.32 | 20570600.0000 | -31.46 |
| 2018-03-31 | 20353000.0000 | 48.57 | 3559300.0000 | 50.21 | 3558900.0000 | 51.24 | 3025100.0000 | 51.24 |
| 2018-06-30 | 51654100.0000 | -1.56 | 23615700.0000 | -14.68 | 23615300.0000 | -20.26 | 20567400.0000 | -18.74 |
| 2017-12-31 | 81358800.0000 | 6.84 | 32811100.0000 | 0.74 | 34767700.0000 | 6.83 | 30013500.0000 | 11.63 |
| 2017-06-30 | 52472500.0000 | 2.51 | 27679800.0000 | -1.22 | 29614800.0000 | 5.79 | 25309300.0000 | 5.66 |
| 2017-09-30 | 65091600.0000 | -- | 26934000.0000 | -- | 28864400.0000 | -- | 24558900.0000 | -- |
| 2016-12-31 | 76146800.0000 | 26.88 | 32568600.0000 | 14.83 | 32546400.0000 | 9.05 | 26887700.0000 | 4.48 |
| 2016-06-30 | 51185400.0000 | 50.16 | 28020500.0000 | 55.45 | 27993000.0000 | 48.12 | 23954500.0000 | 49.32 |
| 2017-03-31 | 13699000.0000 | -- | 2369500.0000 | -- | 2353200.0000 | -- | 2000200.0000 | -- |
| 2015-12-31 | 60017100.0000 | 50.07 | 28361900.0000 | 174.04 | 29846600.0000 | 141.68 | 25734600.0000 | 147.85 |
| 2015-09-30 | 42048900.0000 | 35.99 | 22120800.0000 | 108.05 | 22993800.0000 | 116.26 | 19699200.0000 | 154.82 |
| 2014-09-30 | 30921400.0000 | -- | 10632600.0000 | -- | 10632600.0000 | -- | 7730500.0000 | -- |
| 2014-12-31 | 39992000.0000 | 108.95 | 10349700.0000 | -1485.87 | 12349700.0000 | -1753.68 | 10383100.0000 | -1926.08 |
| 2015-06-30 | 34087900.0000 | 29.06 | 18025300.0000 | 100.41 | 18898300.0000 | 110.12 | 16042500.0000 | 135.54 |
| 2014-06-30 | 26411500.0000 | -- | 8994100.0000 | -- | 8994100.0000 | -- | 6811000.0000 | -- |
| 2014-08-31 | 30339600.0000 | -- | 11627100.0000 | -- | 11627100.0000 | -- | 8733000.0000 | -- |
| 2012-12-31 | 15300000.0000 | -- | 1510700.0000 | -- | 1503800.0000 | -- | 1127800.0000 | -- |
| 2013-12-31 | 19139100.0000 | 25.09 | -746800.0000 | -149.43 | -746800.0000 | -149.66 | -568600.0000 | -150.42 |
| 2025-06-30 | 10045300.0000 | -82.48 | -53342000.0000 | 23.61 | -55038300.0000 | 26.95 | -53205900.0000 | 29.39 |
| 2025-09-30 | 74772200.0000 | 0.69 | -63895800.0000 | 2.87 | -76015200.0000 | 20.77 | -72064400.0000 | 18.52 |
盈利能力分析
| 类别\年份 | 销售毛利率 （%) |
营业利润率 （%) |
总资产利润率 （%) |
净资产收益率 | 存货周转率 | 应收账款周转率 （次) |
总资产周转率 （次) |
| 2025-03 | -118.91 | -127.95 | -1.92 | -1.9900 | 0.2600 | 0.35 | 0.02 |
| 2024-12 | -152.27 | -160.03 | -16.02 | -14.7700 | 2.3000 | 0.60 | 0.10 |
| 2024-06 | -76.20 | -75.63 | -4.36 | -4.2100 | 0.8300 | 0.79 | 0.06 |
| 2024-03 | -26.43 | -26.24 | -0.82 | -0.8500 | 0.4300 | 0.84 | 0.03 |
| 2024-09 | -83.14 | -84.76 | -6.58 | -6.3400 | 1.2100 | 0.67 | 0.08 |
| 2023-09 | 22.35 | 25.43 | 4.12 | 3.9700 | 2.2000 | 1.55 | 0.16 |
| 2023-12 | 8.49 | 9.80 | 1.93 | 2.9200 | 3.1500 | 1.56 | 0.20 |
| 2022-12 | 31.27 | 32.46 | 9.13 | 8.5700 | 4.2900 | 2.79 | 0.28 |
| 2023-03 | -12.80 | -7.29 | -0.23 | -0.2700 | 0.6500 | 1.08 | 0.03 |
| 2023-06 | 23.49 | 27.63 | 3.31 | 3.0900 | 2.3700 | 1.72 | 0.12 |
| 2022-06 | 44.60 | 46.66 | 6.96 | 6.5000 | 1.5300 | 2.68 | 0.15 |
| 2022-09 | 38.53 | 40.15 | 8.39 | 8.0400 | 2.5400 | 2.63 | 0.21 |
| 2022-03 | 18.25 | 18.49 | 0.72 | 0.6900 | 0.6400 | 1.68 | 0.04 |
| 2021-09 | 39.43 | 39.66 | 7.24 | 6.7800 | 2.9900 | 2.95 | 0.18 |
| 2021-12 | 36.09 | 36.16 | 8.71 | 8.0000 | 4.3000 | 3.02 | 0.24 |
| 2021-06 | 42.88 | 43.53 | 5.91 | 5.2300 | 2.5800 | 3.35 | 0.14 |
| 2021-03 | 19.96 | 19.96 | 0.71 | 0.6500 | 0.9900 | 1.96 | 0.04 |
| 2020-09 | 38.62 | 38.26 | 6.01 | 10.4400 | 2.1300 | 1.85 | 0.16 |
| 2020-06 | 44.41 | 44.01 | 11.60 | 12.1300 | 1.4500 | 1.99 | 0.26 |
| 2020-12 | 35.00 | 34.45 | 6.81 | 9.4700 | 2.9800 | 2.84 | 0.20 |
| 2020-03 | 17.81 | 17.80 | 1.34 | 1.3300 | 0.6100 | 1.57 | 0.08 |
| 2019-12 | 33.30 | 32.82 | 12.75 | 13.5000 | 2.2300 | 2.35 | 0.39 |
| 2019-06 | 37.68 | 37.68 | 8.73 | 9.2600 | 1.6200 | 2.05 | 0.23 |
| 2019-03 | 15.18 | 15.18 | 1.25 | 1.1000 | 0.7200 | 1.42 | 0.08 |
| 2019-09 | 33.76 | 34.13 | 10.69 | 10.9900 | 1.9700 | 1.77 | 0.31 |
| 2018-09 | 35.63 | 36.35 | 8.02 | 7.5300 | 1.5300 | -- | 0.22 |
| 2018-12 | 22.82 | 22.08 | 7.68 | 7.4100 | 2.9700 | 2.02 | 0.35 |
| 2018-03 | 17.32 | 17.49 | 1.27 | 1.1300 | 0.7500 | 1.52 | 0.07 |
| 2018-06 | 44.81 | 45.72 | 7.85 | 7.4100 | 1.0000 | 1.75 | 0.17 |
| 2017-12 | 39.35 | 42.73 | 12.51 | 11.9000 | 2.9600 | 2.37 | 0.29 |
| 2017-06 | 52.78 | 56.44 | 10.85 | 10.1300 | 1.9900 | 2.27 | 0.19 |
| 2017-09 | 41.40 | 44.34 | -- | -- | -- | -- | -- |
| 2016-12 | 42.57 | 42.74 | 13.23 | 12.0100 | 2.9600 | 4.00 | 0.31 |
| 2016-06 | 54.74 | 54.69 | 11.91 | 10.7700 | 1.7500 | 4.33 | 0.22 |
| 2017-03 | 17.30 | 17.18 | -- | 0.8100 | -- | -- | -- |
| 2015-12 | 47.26 | 49.73 | 13.75 | 18.8800 | 2.8000 | 5.61 | 0.28 |
| 2015-09 | 52.61 | 54.68 | 11.00 | 24.3400 | 2.6000 | 6.33 | 0.20 |
| 2014-09 | 34.39 | 34.39 | -- | 89.2500 | -- | -- | -- |
| 2014-12 | 25.88 | 30.88 | 24.52 | 78.5200 | 7.4700 | 5.73 | 0.79 |
| 2015-06 | 52.88 | 55.44 | 8.44 | 35.0600 | 2.9900 | 3.44 | 0.15 |
| 2014-06 | 34.05 | 34.05 | -- | 16.5600 | -- | -- | -- |
| 2014-08 | 38.32 | 38.32 | 25.81 | 137.6600 | -- | -- | 0.67 |
| 2012-12 | 9.87 | 9.83 | 11.78 | -- | 4.2900 | 3.41 | 1.20 |
| 2013-12 | -3.90 | -3.90 | -5.03 | -- | 5.0900 | 3.57 | 1.29 |
| 2025-06 | -531.38 | -547.90 | -6.50 | -6.5500 | 0.3400 | 0.14 | 0.01 |
| 2025-09 | -85.90 | -101.66 | -8.85 | -- | -- | -- | 0.09 |
偿债能力分析
| 类别\年份 | 资产负债率 （%) |
股东权益比率 （%) |
流动比率 | 速动比率 |
| 2025-03 | 6.29 | 93.73 | 11.7700 | 10.3700 |
| 2024-12 | 6.71 | 93.33 | 10.9500 | 9.7100 |
| 2024-06 | 6.16 | 93.87 | 10.4300 | 8.9000 |
| 2024-03 | 7.82 | 92.26 | 8.7000 | 7.3700 |
| 2024-09 | 4.35 | 95.61 | 15.5200 | 13.1100 |
| 2023-09 | 3.07 | 96.95 | 19.8300 | 17.4600 |
| 2023-12 | 7.18 | 92.83 | 8.6400 | 7.7200 |
| 2022-12 | 3.93 | 96.04 | 14.8600 | 13.3700 |
| 2023-03 | 3.74 | 96.31 | 15.7900 | 14.2500 |
| 2023-06 | 4.08 | 95.98 | 14.9500 | 13.8900 |
| 2022-06 | 5.13 | 94.90 | 11.8200 | 10.2200 |
| 2022-09 | 5.11 | 94.82 | 11.4300 | 9.8700 |
| 2022-03 | 1.69 | 98.31 | 33.8700 | 29.5700 |
| 2021-09 | 4.71 | 95.30 | 12.2700 | 11.0200 |
| 2021-12 | 3.26 | 96.75 | 17.4800 | 15.4300 |
| 2021-06 | 3.85 | 96.15 | 15.0400 | 13.6200 |
| 2021-03 | 2.96 | 97.05 | 20.1700 | 18.4400 |
| 2020-09 | 5.56 | 94.41 | 13.2800 | 12.2600 |
| 2020-06 | 12.57 | 87.53 | 5.2500 | 4.3900 |
| 2020-12 | 3.07 | 96.93 | 20.8400 | 19.2700 |
| 2020-03 | 13.79 | 86.30 | 4.3100 | 3.0800 |
| 2019-12 | 12.23 | 87.77 | 5.0300 | 3.4300 |
| 2019-06 | 12.05 | 88.02 | 4.8600 | 3.5900 |
| 2019-03 | 3.20 | 96.68 | 16.0900 | 10.5400 |
| 2019-09 | 11.78 | 88.19 | 5.0800 | 3.3400 |
| 2018-09 | 3.74 | 96.32 | 13.6400 | 9.4300 |
| 2018-12 | 4.56 | 95.36 | 11.4400 | 7.7200 |
| 2018-03 | 3.61 | 96.43 | 14.2100 | 7.6200 |
| 2018-06 | 4.28 | 95.68 | 11.9200 | 8.0500 |
| 2017-12 | 3.90 | 96.04 | 12.7100 | 5.9500 |
| 2017-06 | 3.74 | 96.34 | 12.5000 | 11.1900 |
| 2017-09 | -- | -- | -- | -- |
| 2016-12 | 3.60 | 96.34 | 17.0300 | 9.7300 |
| 2016-06 | 0.45 | 99.57 | 151.3400 | 115.6800 |
| 2017-03 | -- | -- | -- | -- |
| 2015-12 | 3.06 | 96.77 | 24.8400 | 20.4000 |
| 2015-09 | 2.09 | 97.61 | 39.2800 | 34.3400 |
| 2014-09 | -- | -- | -- | -- |
| 2014-12 | 25.09 | 74.91 | 1.3700 | 0.9700 |
| 2015-06 | 75.89 | 24.01 | 1.1300 | 1.0200 |
| 2014-06 | -- | -- | -- | -- |
| 2014-08 | 19.88 | 80.12 | -- | -- |
| 2012-12 | 108.45 | -8.45 | 0.8800 | 0.5500 |
| 2013-12 | 111.10 | -11.10 | 0.8600 | 0.5600 |
| 2025-06 | 7.31 | 92.80 | 9.8000 | 8.2700 |
| 2025-09 | 0.00 | 89.29 | -- | -- |
成本费用分析
| 类别\年份 | 营业成本 （元) |
销售费用 （元) |
管理费用 （元) |
财务费用 （元) |
| 2025-03 | 28817200.0000 | 2373700.0000 | 6599300.0000 | -339300.0000 |
| 2024-12 | 227000000.0000 | 12227800.0000 | 30416200.0000 | -5309100.0000 |
| 2024-06 | 101000000.0000 | 4877500.0000 | 13396800.0000 | 673500.0000 |
| 2024-03 | 42147300.0000 | 1821400.0000 | 4240200.0000 | -2677000.0000 |
| 2024-09 | 136000000.0000 | 9298400.0000 | 21301700.0000 | -6766200.0000 |
| 2023-09 | 132000000.0000 | 5235400.0000 | 13389000.0000 | -7970300.0000 |
| 2023-12 | 194000000.0000 | 5833600.0000 | 19001700.0000 | 260800.0000 |
| 2022-12 | 200000000.0000 | 5390900.0000 | 25142500.0000 | -7296200.0000 |
| 2023-03 | 35864200.0000 | 1345500.0000 | 3780000.0000 | -2031100.0000 |
| 2023-06 | 97926500.0000 | 3322200.0000 | 8723000.0000 | -4836200.0000 |
| 2022-06 | 85868800.0000 | 1760400.0000 | 12028700.0000 | -1762300.0000 |
| 2022-09 | 134000000.0000 | 3914300.0000 | 20243900.0000 | -5069300.0000 |
| 2022-03 | 30230300.0000 | 639800.0000 | 5023200.0000 | -123300.0000 |
| 2021-09 | 106000000.0000 | 2629300.0000 | 13197200.0000 | -2538900.0000 |
| 2021-12 | 147000000.0000 | 3582000.0000 | 19763100.0000 | 3700.0000 |
| 2021-06 | 72536400.0000 | 1658300.0000 | 8613500.0000 | -1302000.0000 |
| 2021-03 | 26229500.0000 | 643500.0000 | 3595500.0000 | -617400.0000 |
| 2020-09 | 89613300.0000 | 1630600.0000 | 11077500.0000 | -180100.0000 |
| 2020-06 | 62263100.0000 | 967400.0000 | 7358000.0000 | 486900.0000 |
| 2020-12 | 117000000.0000 | 2828800.0000 | 16683500.0000 | 1542400.0000 |
| 2020-03 | 24026400.0000 | 368300.0000 | 3091400.0000 | 389700.0000 |
| 2019-12 | 97382600.0000 | 1494500.0000 | 11817500.0000 | 717800.0000 |
| 2019-06 | 51852000.0000 | 584300.0000 | 5184600.0000 | 5800.0000 |
| 2019-03 | 20980500.0000 | 191800.0000 | 2344800.0000 | -10400.0000 |
| 2019-09 | 75513600.0000 | 1293200.0000 | 8327800.0000 | 244900.0000 |
| 2018-09 | 42460600.0000 | 1232900.0000 | 7940400.0000 | -6400.0000 |
| 2018-12 | 81040700.0000 | 1829300.0000 | 10834400.0000 | -9900.0000 |
| 2018-03 | 16827700.0000 | 752300.0000 | 2614000.0000 | -2100.0000 |
| 2018-06 | 28507000.0000 | 559900.0000 | 5085700.0000 | -4200.0000 |
| 2017-12 | 49342600.0000 | 1311000.0000 | 8262100.0000 | -60300.0000 |
| 2017-06 | 24777400.0000 | 480900.0000 | 3684400.0000 | -778800.0000 |
| 2017-09 | 38142200.0000 | 985800.0000 | 5831700.0000 | -800400.0000 |
| 2016-12 | 43727700.0000 | 837200.0000 | 13343300.0000 | -2612000.0000 |
| 2016-06 | 23164900.0000 | 304200.0000 | 4876300.0000 | -2617200.0000 |
| 2017-03 | 11329500.0000 | 499000.0000 | 3732100.0000 | -32600.0000 |
| 2015-12 | 31655200.0000 | 685300.0000 | 11607900.0000 | 460400.0000 |
| 2015-09 | 19928000.0000 | 298800.0000 | 4865400.0000 | 388700.0000 |
| 2014-09 | 20288800.0000 | 549600.0000 | 1600800.0000 | 231200.0000 |
| 2014-12 | 29642200.0000 | 549600.0000 | 5820000.0000 | 465400.0000 |
| 2015-06 | 16062700.0000 | 189300.0000 | 3477400.0000 | 356600.0000 |
| 2014-06 | 17417400.0000 | 500900.0000 | 533600.0000 | 126700.0000 |
| 2014-08 | 18712500.0000 | 549600.0000 | 1175900.0000 | 170100.0000 |
| 2012-12 | 13789300.0000 | 315500.0000 | 657400.0000 | 400.0000 |
| 2013-12 | 19885900.0000 | 301200.0000 | 827300.0000 | 20600.0000 |
| 2025-06 | 63423900.0000 | 5919200.0000 | 13381500.0000 | 123900.0000 |
| 2025-09 | 139000000.0000 | 8864300.0000 | 20941900.0000 | -2219300.0000 |