圣龙股份前三季度业绩由盈转亏

Core Viewpoint - Shenglong Co., Ltd. reported a significant decline in net profit for the first three quarters of the year, transitioning from profit to loss, primarily due to increased costs associated with factory relocation and higher R&D investments in new energy projects [2]. Financial Performance - The company achieved a total revenue of approximately 1.254 billion yuan for the first three quarters, representing a year-on-year growth of 10.35% [2]. - In the third quarter, revenue was about 421 million yuan, showing a slight decline of 0.19% year-on-year [2]. - The net profit attributable to shareholders for the first three quarters was approximately -72.95 million yuan, indicating a shift from profit to loss [2]. - For the third quarter, the net profit was around -17.81 million yuan, a year-on-year decrease of 27.7% [2]. Business Overview - Shenglong Co., Ltd. is a primary supplier of automotive components to major domestic and international vehicle manufacturers, with products used in traditional and new energy vehicles [2]. - The company's product offerings include pump series, camshaft series, core components for transmissions, thermal management series, drive system series, and intelligent execution systems [2]. Reasons for Performance Decline - The decline in performance for the first three quarters is attributed to several factors: - Temporary inventory and additional relocation costs due to the relocation of the North American factory [2]. - Significant R&D investments in new energy projects, particularly in electronic pumps and high-pressure pumps [2]. - Rapid increase in the proportion of new energy products, leading to fluctuations in gross profit during the ramp-up phase of new product mass production [2]. - Investment income from the sale of overseas assets in the same period last year [2].