三个皮匠报告—— 严选型全行业研究报告分享下载平台，您的专属行业智库！
欢迎来到三个皮匠报告！
登录
帮助中心
首页
最新
研搜
BETA
合集
英文
会议
数据
财报库
政策库
自研报告
入驻
您的当前位置：
首页
>
行业数据
>
单位收入折旧较高（单位：倍）
单位收入折旧较高（单位：倍）
行业数据
下载Excel
下载图片
原图定位
图片属性
图片格式：PNG
图片大小：53KB
图片尺寸：1222*775
同报告图片
/
4
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
fCDluo/lj7cgfCDpo57mnLrnp43nsbsgfCDlnovlj7cgfCDnjrDlvbnmlbDph4/vvIjmnrbvvIkgfCDljZXku7fvvIjkur/nvo7lhYPvvIkgfCDku7flgLzph4/vvIjkur/nvo7lhYPvvIkgfAp8LS0tLS0tfC0tLS0tLS0tLXwtLS0tLS18LS0tLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tfAp8IDEgICAgfCDov5DovpPmnLogICB8IEMtMTcgfCAyMjIgICAgICAgICAgICB8IDMuMjggICAgICAgICB8IDcyOC4xNiAgICAgICAgIHwKfCAxICAgIHwg6L+Q6L6T5py6ICAgfCBDLTEzMOezu+WIlyB8IDMzNSAgICAgICAgICAgIHwgMC4zMCAgICAgICAgIHwgMTAxLjA2ICAgICAgICAgfAp8IDEgICAgfCDov5DovpPmnLogICB8IEMtNU0gIHwgNTIgICAgICAgICAgICAgfCAxLjAwICAgICAgICAgfCA1Mi4xOSAgICAgICAgICB8CnwgMiAgICB8IOWKoOayueacuiAgIHwgS0MtMTM157O75YiXIHwgMzk2ICAgICAgICAgICAgfCAwLjQwICAgICAgICAgfCAxNTYuODIgICAgICAgICB8CnwgMiAgICB8IOWKoOayueacuiAgIHwgTUMtMTMw57O75YiXIHwgNjUgICAgICAgICAgICAgfCAxLjYwICAgICAgICAgfCAxMDQuMDAgICAgICAgICB8CnwgMiAgICB8IOWKoOayueacuiAgIHwgS0MtMTMw57O75YiXIHwgNjMgICAgICAgICAgICAgfCAwLjM3ICAgICAgICAgfCAyMy4zMSAgICAgICAgICB8CnwgMyAgICB8IOeJueenjemjnuacuiB8IEVBLTE4RyB8IDE1MyAgICAgICAgICAgIHwgNi44MiAgICAgICAgIHwgMTA0My40NiAgICAgICAgfAp8IDMgICAgfCDnibnnp43po57mnLogfCBLaW5nIEFpcjIwMC8zNTDns7vliJcgfCAxMTcgICAgICAgICAgICB8IDAuNzcgICAgICAgICB8IDkwLjM0ICAgICAgICAgIHwKfCA0ICAgIHwg5oiY5paX5py6ICAgfCBGL0EtMTjns7vliJcgfCA1NjAgICAgICAgICAgICB8IDAuNTEgICAgICAgICB8IDI4NS42MCAgICAgICAgIHwKfCA0ICAgIHwg5oiY5paX5py6ICAgfCBGLTE2QyAgfCA3ODkgICAgICAgICAgICB8IDAuMTkgICAgICAgICB8IDE0OC4zMyAgICAgICAgIHwKfCA1ICAgIHwg6L2w54K45py6ICAgfCBCLTFCICB8IDU5ICAgICAgICAgICAgIHwgMi44MyAgICAgICAgIHwgMTY2Ljk3ICAgICAgICAgfAp8IDUgICAgfCDovbDngrjmnLogICB8IEItNTJIICB8IDc0ICAgICAgICAgICAgIHwgMC44NCAgICAgICAgIHwgNjIuMTYgICAgICAgICAgfAp8IDYgICAgfCDmraboo4Xnm7TljYfmnLogfCBTLTcw57O75YiXIHwgMjg2MSAgICAgICAgICAgfCAwLjI1ICAgICAgICAgfCA3MDAuOTUgICAgICAgICB8CnwgNiAgICB8IOatpuijheebtOWNh+acuiB8IEFILTY057O75YiXIHwgODA4ICAgICAgICAgICAgfCAwLjMwICAgICAgICAgfCAyMzguMzYgICAgICAgICB8CnwgNyAgICB8IOaVmee7g+acui/nm7TljYfmnLogfCBULTbns7vliJcgfCA3NDMgICAgICAgICAgICB8IDAuMDkgICAgICAgICB8IDY2LjEzICAgICAgICAgIHwKfCA3ICAgIHwg5pWZ57uD5py6L+ebtOWNh+acuiB8IFQtMzjns7vliJcgfCA1MTMgICAgICAgICAgICB8IDAuMDcgICAgICAgICB8IDM1LjQwICAgICAgICAgIHwKCui1hOaWmeadpea6kO+8muOAildvcmxkIEFpciBGb3JjZXMgMjAyMeOAi+OAgee7tOWfuueZvuenkeOAgUFlcm9yY29ybmVy44CBVVNBRk9SQ0XjgIHnlLPkuIflro/mupDnoJTnqbY=
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
所属报告：
中航西飞-军民飞机齐放量盈利提升可预期-211124（35页）.pdf
打包全文图表
相关数据
全球全年龄段奶粉市场规模（亿美元）
收藏
行业数据
2026-07-30
原图定位
查看详情
图14、1992-2025年全球军费开支及同比增速
收藏
行业数据
2026-07-30
原图定位
查看详情
图15、全球武器装备出口总额重回高位（亿
收藏
行业数据
2026-07-30
原图定位
查看详情
2022-2026全球新增户储出货量（单位：GWh）
收藏
行业数据
2026-07-30
原图定位
查看详情
2025全球户储新增装机地区分布（%）
收藏
行业数据
2026-07-30
原图定位
查看详情
全球人形机器人电池市场空间预测（万台，亿美元）
收藏
行业数据
2026-07-30
原图定位
查看详情
图22、2026E-2035E我国气象探测领域相控阵雷达市场规模（亿元）
收藏
行业数据
2026-07-30
原图定位
查看详情
图37.《碧蓝航线》全球搜索热度
收藏
行业数据
2026-07-30
原图定位
查看详情
我国谐波减速器市场规模（亿元）
收藏
行业数据
2026-07-30
原图定位
查看详情
全球固态与半固态电池市场规模展望
收藏
行业数据
2026-07-30
原图定位
查看详情
全球固态/半固态电池正极材料市场空间（亿元）及需求（万吨）
收藏
行业数据
2026-07-30
原图定位
查看详情
全球固态电池市场空间展望（亿元）
收藏
行业数据
2026-07-30
原图定位
查看详情
全球乳制品消费总量（百万吨）
收藏
行业数据
2026-07-30
原图定位
查看详情
全球酸奶及发酵乳制品年人均消费支出（美
收藏
行业数据
2026-07-30
原图定位
查看详情
全球全年龄段奶粉年人均消费支出（美元）
收藏
行业数据
2026-07-30
原图定位
查看详情
最新数据
全球全年龄段奶粉市场规模（亿美元）
收藏
行业数据
2026-07-30
原图定位
查看详情
全球酸奶及发酵乳制品市场规模（亿美元）
收藏
行业数据
2026-07-30
原图定位
查看详情
全球药用级益生菌市场规模（百万美元）
收藏
行业数据
2026-07-30
原图定位
查看详情
全球益生菌膳食补充剂市场规模及增速
收藏
行业数据
2026-07-30
原图定位
查看详情
全球拥有AKK专利菌株的核心企业
收藏
行业数据
2026-07-30
原图定位
查看详情
我们认为，重组后尽管租赁费接近归零，但目前阻碍公司盈利不佳的原因仍包括：1）人工成本高，导致总成本较高。2020 年公司员工薪酬合计 62.2 亿元，员工薪酬/营收=18.6%，考虑到公司员工中主要是生产人员，我们预计较高的总员工薪酬导致了总成本较高。2）折旧压力较大。2020 年重组前，公司需向集团租赁大量资产，导致租赁费较高，而折旧费较低。2020 年资产注入后，公司折旧更具可比性。从 2020 年及 2021H1数据看，公司总资产周转率较低。同时单位资产折旧处于高位，折旧压力较大，拖累毛利率。3）销售费用率及管理费用率较高。公司销售费用率始终位于高位，2020 年为1.03%，而中航沈飞仅为 0.04%。同时，重组前由于向集团租赁了大量资产，该部分资产相关的管理费实际隐含在租赁费中。2020 年资产注入后，公司管理费率用更具可比性。2020 年公司管理费用率为 2.96%，高于中航沈飞 0.35pct。
行业数据
原图定位
当前图表所属：
中航西飞-军民飞机齐放量盈利提升可预期-211124（35页）.pdf
在美军航空装备中运输机和加油机的价值量居于前列
美军固定翼装备中运输机地位高，大型战略运输机数量多
我军航空装备总量仅为美国的27%
第三次资产重组前后公司关联交易对比
下载图片或Excel，需升级至尊VIP会员或「预见者」VIP
立即去升级
客服
商务合作
小程序
服务号
回到顶部
折叠
微信扫码登录
微信扫码登录
双重福利，扫码领取！
关注公众号『三个皮匠报告』，免费领取报告
1.100+最新优质行业报告
2.每周免费精选报告分享
手机快捷登录
账号登录
记住密码
忘记密码？
验证即登录，未注册将自动创建账号
获取验证码
收不到验证码注意事项
登录代表您已阅读并同意
《三个皮匠服务条款》
研搜
0731-84720580
商务合作：really158d
下载Excel
下载图片
原图定位
打包全文图表
收藏
2026-07-30
原图定位
微信扫码登录
手机快捷登录
账号登录
