Eontec(SZ:300328) Xin Lang Cai Jing·2025-10-23 12:22Core Viewpoint - Yian Technology reported a decline in revenue and net profit for the first three quarters of 2025, indicating potential challenges in its financial performance [1][2]. Financial Performance - The company's revenue for the first three quarters was 1.164 billion yuan, a year-on-year decrease of 1.75% [1]. - The net profit attributable to shareholders was 343,000 yuan, down 86.02% year-on-year [1]. - The non-recurring net profit attributable to shareholders was -12.5128 million yuan, an increase of 39.02% year-on-year [1]. - Basic earnings per share stood at 0.00 yuan [2]. Profitability Metrics - The gross profit margin for the first three quarters was 13.39%, an increase of 0.73 percentage points year-on-year [2]. - The net profit margin was -1.11%, a decrease of 0.27 percentage points compared to the same period last year [2]. - In Q3 2025, the gross profit margin improved to 18.85%, up 4.32 percentage points year-on-year and 10.37 percentage points quarter-on-quarter [2]. - The net profit margin for Q3 was 3.41%, an increase of 4.44 percentage points year-on-year and 8.01 percentage points quarter-on-quarter [2]. Expense Analysis - Total operating expenses for the period were 177 million yuan, a decrease of 8.2298 million yuan year-on-year [2]. - The expense ratio was 15.21%, down 0.43 percentage points from the previous year [2]. - Sales expenses increased by 2.17%, while management and R&D expenses decreased by 3.17% and 13.56%, respectively [2]. - Financial expenses rose by 20.29% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 57,200, an increase of 14,400 or 33.81% from the end of the previous half [2]. - The average market value per shareholder increased from 186,900 yuan to 202,500 yuan, a growth of 8.32% [2]. Company Overview - Yian Technology, established on May 27, 1993, and listed on June 19, 2012, specializes in the R&D, design, production, and sales of precision die-cast parts made from aluminum and magnesium alloys [3]. - The revenue composition includes 59.60% from aluminum products, 37.77% from magnesium products, and 2.63% from other sources [3]. - The company operates within the non-ferrous metals industry, specifically in industrial metals and aluminum [3].