长城军工：2024年度净亏损3.63亿元 盈利能力相对有限

Core Viewpoint - The stock price of Great Wall Military Industry (601606.SH) has increased by 209.72% since June 18, 2025, significantly outperforming the 15.12% increase in the Shenwan Military Industry index and the 6.80% increase in the Shanghai Composite Index, indicating potential market over-exuberance [1] Company Performance - The latest rolling price-to-book ratio for the company is 14.24% as of August 5, while the Shenwan Military Industry's average is 5.39%, showing a significant premium [1] - The company's stock turnover rate is 12.33%, which is considerably higher than the usual turnover rate, suggesting heightened trading activity [1] - For the fiscal year 2024, the company reported an operating revenue of 1.43 billion yuan, a year-on-year decrease of 11.42% [1] - The net profit attributable to shareholders was -363 million yuan, indicating a loss [1] - The gross margin for the main business is -1.43%, reflecting limited profitability [1]