经营业绩：营收行业35，净利润行业20 2025年三季度，科力装备营业收入5亿元，在行业41家公司中排名第35，行业第一名华域汽车营收达 1308.53亿元，第二名福耀玻璃营收333.02亿元，行业平均数为73.44亿元，中位数为17.14亿元。同期，净 利润为1.28亿元，行业排名第20，行业第一名福耀玻璃净利润70.68亿元，第二名华域汽车净利润53.97亿 元，行业平均数为4.88亿元，中位数为1.2亿元。 资产负债率低于同业平均，毛利率高于同业平均 偿债能力方面，2025年三季度科力装备资产负债率为17.53%，去年同期为13.62%，远低于行业平均的 42.48%，显示出较强的偿债能力。从盈利能力看，2025年三季度毛利率为37.07%，去年同期为40.63%，高 于行业平均的22.52%，盈利能力较强。 科力装备成立于2013年8月20日，于2024年7月22日在深圳证券交易所上市，注册地址和办公地址均为河北 省秦皇岛市。该公司是汽车玻璃总成组件领域企业，具备一定技术实力，产品在市场上有一定竞争力。 公司主营业务为汽车玻璃总成组件产品的研发、生产和销售，所属申万行业为汽车 - 汽车零部件 - 车身 ...

Core Points - The stock price of Keli Equipment has decreased by 2.02% to 39.37 CNY per share as of October 29, with a market capitalization of 3.748 billion CNY [1] - The company has experienced a year-to-date stock price decline of 3.20%, with a recent 5-day increase of 1.92% and a 20-day decline of 4.19% [1] - Keli Equipment's main business involves the research, production, and sales of automotive glass assembly components, with a revenue composition of 81.02% from windshield glass installation components [1] Financial Performance - As of September 30, Keli Equipment reported a total of 7,274 shareholders, a decrease of 6.98% from the previous period, while the average circulating shares per person increased by 26.19% to 3,271 shares [2] - For the period from January to September 2025, Keli Equipment achieved a revenue of 500 million CNY, representing a year-on-year growth of 12.56%, and a net profit attributable to shareholders of 123 million CNY, up by 6.58% year-on-year [2] Dividend Information - Keli Equipment has distributed a total of 116 million CNY in dividends since its A-share listing [3]

Core Viewpoint - Keli Equipment (301552.SZ) reported its Q3 2025 results, highlighting a decrease in institutional ownership and the status of public funds and social security funds [1] Institutional Ownership - As of October 27, 2025, four institutional investors disclosed holding a total of 7.261 million shares of Keli Equipment, representing 7.63% of the total share capital [1] - The institutional ownership decreased by 1.91 percentage points compared to the previous quarter [1] Public Funds - In this reporting period, 106 public funds were not disclosed compared to the previous quarter, including notable funds such as Penghua Growth Value Mixed A and Guojin Quantitative Multi-Factor A [1] Social Security Funds - One social security fund, the National Social Security Fund 101 Portfolio, was not disclosed in this quarter compared to the previous quarter [1]

Core Insights - The company reported a revenue of 181,523,113.69 yuan for the third quarter of 2025, representing a year-on-year growth of 12.81% [1] - The net profit attributable to shareholders of the listed company was 39,757,302.73 yuan, showing a year-on-year increase of 10.30% [1]

Core Insights - The company reported a revenue of 500 million yuan for the first three quarters of 2025, representing a year-on-year growth of 12.56% [1] - The net profit attributable to shareholders was 123 million yuan, showing a year-on-year increase of 6.58% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 116 million yuan, with a year-on-year growth of 1.60% [1] - The basic earnings per share stood at 1.29 yuan [1]

Core Insights - The company reported a revenue of 500 million yuan for the first three quarters of 2025, representing a year-on-year growth of 12.56% [1] - The net profit attributable to shareholders of the listed company was 123 million yuan, showing a year-on-year increase of 6.58% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 116 million yuan, reflecting a year-on-year growth of 1.60% [1] - The basic earnings per share stood at 1.29 yuan [1]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥181,523,113.69, representing a year-on-year increase of 12.81%[5] - Net profit attributable to shareholders for Q3 2025 was ¥39,757,302.73, up 10.30% compared to the same period last year[5] - The basic earnings per share for Q3 2025 decreased by 27.59% to ¥0.42[5] - Total revenue for the current period reached 499,685,945.74 yuan, up from 443,942,597.69 yuan in the previous period, representing an increase of approximately 12.5%[26] - Operating profit for the current period was 148,232,730.79 yuan, compared to 139,340,608.58 yuan in the previous period, indicating a growth of approximately 6.4%[27] - The company reported a net profit of 147,379,966.12 yuan for the current period, compared to 138,624,900.42 yuan in the previous period, representing an increase of about 6.3%[27] - The net profit for the current period is CNY 127,871,328.09, an increase from CNY 120,003,124.69 in the previous period, representing a growth of approximately 6.4%[28] - The net profit attributable to shareholders of the parent company is CNY 122,539,652.34, up from CNY 114,974,638.52, reflecting an increase of about 6.6%[28] - The total comprehensive income for the current period is CNY 127,572,670.00, compared to CNY 119,438,808.61 in the previous period, indicating a growth of around 6.5%[28] Assets and Liabilities - Total assets as of September 30, 2025, amounted to ¥1,414,794,487.60, reflecting a 2.17% increase from the end of the previous year[5] - The company's total liabilities as of September 30, 2025, were 247,967,995.57 yuan, up from 229,990,176.73 yuan at the beginning of the period[24] - The company's equity attributable to shareholders increased by 0.60% to ¥1,151,307,201.66 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to 1,151,307,201.66 yuan from 1,144,437,207.45 yuan, reflecting a slight growth of about 0.6%[24] Cash Flow - Cash flow from operating activities for the year-to-date period decreased by 49.13% to ¥101,733,026.80[12] - Operating cash flow for the current period is CNY 101,733,026.80, down from CNY 199,974,270.11, a decrease of approximately 49.1%[29] - Cash inflow from investment activities is CNY 870,134,970.27, significantly higher than CNY 461,969,505.62 in the previous period, marking an increase of about 88.5%[30] - The net cash flow from investment activities is CNY 136,373,764.70, a recovery from a negative CNY 516,372,090.85 in the previous period[30] - The net cash flow from financing activities is negative CNY 132,706,684.92, compared to a positive CNY 463,439,155.82 in the previous period, indicating a significant decline[30] - The ending cash and cash equivalents balance is CNY 413,007,005.68, up from CNY 274,824,884.35, representing an increase of approximately 50.3%[30] Shareholder Information - The total number of common stock shareholders at the end of the reporting period is 7,274[14] - The largest shareholder, Zhang Wanwu, holds 29.46% of the shares, totaling 28,050,336 shares[14] - The second-largest shareholder, Zhang Ziheng, owns 19.83% of the shares, amounting to 18,876,404 shares[14] - The third-largest shareholder, Guo Yanzhi, possesses 18.64% of the shares, which is 17,743,820 shares[14] - The total number of unrestricted shares held by the top ten shareholders is 1,953,332[15] Research and Development - Research and development expenses for the current period were 26,083,984.27 yuan, compared to 20,648,168.00 yuan in the previous period, marking an increase of approximately 26.2%[27] Investments and Subsidiaries - The company established a wholly-owned subsidiary, Hebei Weina New Materials Co., Ltd., with an investment of 20 million yuan, completed registration on August 20, 2025[19] - The company reported a significant increase in receivables, with notes receivable rising by 907.31% to ¥5,861,019.77[9] - Investment income surged by 1020.43% to ¥4,199,609.62 for the year-to-date period[10] - The company reported a 1434.82% increase in fair value changes, amounting to ¥2,399,116.33 for the year-to-date period[10] Stock and Restricted Shares - The total number of restricted shares at the beginning of the period was 54,271,591, with 4,278,257 shares released during the period[18] - The total number of restricted shares at the end of the period is 71,400,000[18] - The company plans to release 8,014,382 restricted shares held by Zhang Wanwu on July 22, 2027[17] - Zhang Ziheng will have 5,393,258 restricted shares released on July 22, 2027[17] - The company has a strategic placement of 1,666,666 shares with a release date of July 22, 2025[18]

Core Viewpoint - The company is closely monitoring changes in overseas tariff policies and is actively optimizing its global market layout to mitigate potential risks associated with these policies [2] Group 1 - The company responded to investor inquiries on October 23 regarding its strategies in light of tariff policy changes [2] - The company emphasizes the importance of adapting to global market dynamics in response to tariff risks [2]

Core Viewpoint - The company, Keli Equipment (301552.SZ), positions itself as the largest domestic supplier of injection and extrusion automotive glass assembly components in China, successfully integrating into the global supply chains of major automotive glass manufacturers. Group 1: Company Positioning - Keli Equipment is recognized as the largest domestic supplier in the injection and extrusion automotive glass assembly sector [1] - The company has established a presence in the global supply chains of four major automotive glass producers: Fuyao Glass, AGC, NSG, and Saint-Gobain [1] Group 2: Competitive Advantages - The company leverages its strengths in technology research and development, manufacturing processes, and quality management to maintain its competitive edge [1]

Core Points - Keli Equipment announced the establishment of Keli Automotive Parts Japan株式会社 in collaboration with Japanese individual Mr. Imai Yasuo, with a total investment of 3 million USD [1] - Keli Equipment contributed 1.56 million USD, holding a 52% stake, while Mr. Imai invested 1.44 million USD for a 48% stake [1] - The registration procedures for the overseas holding subsidiary have been completed, and the registration certificate has been obtained [1]