隆盛科技单季净利1.06亿创新高 研发与并购扩张资产规模超42亿

Core Insights - Longsheng Technology (隆盛科技) has shown steady growth in its operating performance, with significant increases in revenue and net profit for the first three quarters of 2025 [1][2] Financial Performance - For the first three quarters of 2025, Longsheng Technology achieved revenue of 1.81 billion yuan, a year-on-year increase of 10.13%, and a net profit attributable to shareholders of 210 million yuan, reflecting a growth of 36.89% [2] - In Q3 2025, the company reported a net profit of 106 million yuan, marking a remarkable year-on-year increase of 109.83%, setting a new record for quarterly profit [2] - The net cash flow from operating activities for the first three quarters of 2025 was 148 million yuan, up 15.46% year-on-year [3] Asset Growth - Longsheng Technology's total assets have grown significantly, increasing approximately 7.66 times from 462 million yuan at the end of 2017 to 4.21 billion yuan by the end of September 2025 [1][5] - The company's revenue has also seen substantial growth, rising from 150 million yuan in 2017 to 2.397 billion yuan in 2024, representing an increase of about 15 times [5] Business Expansion - The company has developed a business matrix centered on EGR systems, electric vehicle drive motor cores, and precision automotive components, while also exploring emerging fields such as aerospace precision manufacturing and humanoid robotics [1][8] - Longsheng Technology has made strategic acquisitions, including the purchase of Weiyan Precision in 2018, which has helped extend its presence in both traditional and new energy vehicle component markets [6][7] Research and Development - Longsheng Technology has consistently increased its R&D expenditures, which rose from 29.96 million yuan in 2020 to 92.86 million yuan in 2024, with a 6.45% increase to 68.34 million yuan in the first three quarters of 2025 [8] - The company holds approximately 400 valid patents and 13 software copyrights as of June 2025, reflecting its commitment to innovation [9]