NLT(SZ:300778) Xin Lang Cai Jing·2025-10-23 12:22Core Insights - New City reported a significant decline in revenue for the first three quarters of 2025, with total revenue at 106 million yuan, a year-on-year decrease of 36.52% [1] - The company experienced a net loss attributable to shareholders of 19.72 million yuan, although this represents an 85.06% increase compared to the previous year [1] - The basic earnings per share stood at -0.10 yuan, indicating ongoing financial challenges [2] Financial Performance - The gross profit margin for the first three quarters of 2025 was 11.51%, down 28.35 percentage points year-on-year, while the net profit margin was -18.65%, an increase of 60.29 percentage points from the same period last year [2] - In Q3 2025, the gross profit margin was 13.52%, a year-on-year decline of 14.76% but a quarter-on-quarter increase of 8.16% [2] - The company’s total expenses for the period were 27.02 million yuan, a decrease of 6.41 million yuan compared to the previous year, with a period expense ratio of 25.44%, up 5.46 percentage points year-on-year [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders increased to 17,900, a rise of 2,749 or 18.19% from the previous half-year [3] - The average market value per shareholder decreased from 172,600 yuan to 148,900 yuan, reflecting a decline of 13.71% [3] Company Overview - New City, established on March 22, 1993, and listed on May 10, 2019, is located in Longgang District, Shenzhen, Guangdong Province [3] - The company specializes in urban planning, engineering design, and consulting services, with 91.85% of its revenue derived from professional technical services and 8.15% from property leasing services [3] - New City is classified under the construction decoration industry, specifically in engineering consulting services [3]