---
title: "西安天和防務技術股份有限公司 (300397.SZ)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/300397.SZ.md"
symbol: "300397.SZ"
name: "西安天和防務技術股份有限公司"
industry: "航空航天與國防"
---

# 西安天和防務技術股份有限公司 (300397.SZ)

| Item | Detail |
|------|--------|
| Industry | 航空航天與國防 |
| Location | 滬深市場 |
| Website | [www.thtw.com.cn](https://www.thtw.com.cn) |

## Company Profile

公司成立于 2001 年，是一家以軍民兩用關鍵技術創新和產品研發為核心支撐的新型高科技上市企業。公司以市場需求為導向，以便攜式防空導彈情報指揮系統為重點，通過主業整合與產業轉型升級，不斷完善各項技術及產品，形成了軍民兩用發展的業務布局。公司始終聚焦于低空近程防禦裝備的研發、生產和交付業務。公司主要產品包括：軍工裝備、射頻業務、新一代綜合電子信息 (天融工程)。企業榮譽：優秀民營企業、高新技術企業、陝西省創新型企業、陝西省認定企業技術中心等。

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-20T04:30:10.000Z

**Overall: D (0.60)**

**Industry**: Aerospace and Defense

| Metric | Value |
|--------|-------|
| Industry Ranking | 62 / 68 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 7.74% |  |
| Net Profit YoY | 31.06% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 5.23 |  |
| Dividend Ratio | 0.00% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 7.53B |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 393.12M |  |


**Multi Score**: D

#### Profit Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -8.25% | D |
| Profit Margin | -31.67% | E |
| Gross Margin | 28.93% | C |

#### Growth Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 7.74% | B |
| Net Profit YoY | 31.06% | B |
| Total Assets YoY | 3.41% | C |
| Net Assets YoY | -9.58% | D |

#### Cash Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -315.75% | D |
| OCF YoY | 7.74% | B |

#### Operating Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.16 | D |

#### Debt Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 46.01% | C |


```chart-data:radar
{
  "title": "Longbridge Financial Score - 西安天和防務技術股份有限公司",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-8.25%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-31.67%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "28.93%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "C",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "7.74%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "31.06%",
          "rating": "B"
        },
        {
          "name": "Total Assets YoY",
          "value": "3.41%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "-9.58%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "C",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-315.75%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "7.74%",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "D",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.16",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "C",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "46.01%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | 中國衛星 (SH.600118) | D | A | C | C | A | B |
| 02 | 光啟技術 (SZ.002625) | B | B | D | A | B | B |
| 03 | 佳馳科技 (SH.688708) | A | B | D | A | C | B |
| 04 | 國科軍工 (SH.688543) | B | C | C | B | C | B |
| 05 | 航天南湖 (SH.688552) | D | A | D | A | A | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -60.50 | 57/68 | - | - | - |
| PB | 5.23 | 37/68 | 5.13 | 4.55 | 4.17 |
| PS (TTM) | 19.16 | 48/68 | 19.90 | 18.34 | 17.14 |
| Dividend Yield | 0.00% | - | - | - | - |

## References

- [Company Overview](https://longbridge.com/en/quote/300397.SZ/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/300397.SZ/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/300397.SZ/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.