市北高新(600604.SH)：2025年三季报净利润为-1.87亿元，同比亏损扩大

Core Insights - Company reported a total operating revenue of 816 million yuan for Q3 2025, an increase of 64.46 million yuan or 8.58% year-on-year [1] - The net profit attributable to shareholders was -187 million yuan, a decrease of 89.43 million yuan compared to the same period last year [1] - The net cash flow from operating activities was -39.84 million yuan, an increase of 331 million yuan year-on-year [1] Financial Metrics - The latest debt-to-asset ratio is 60.24%, which is an increase of 0.06 percentage points from the previous quarter but a decrease of 1.96 percentage points from the same period last year [3] - The latest gross profit margin is 13.73%, down 4.05 percentage points from the previous quarter and down 17.12 percentage points year-on-year [3] - The latest return on equity (ROE) is -3.01%, a decrease of 1.46 percentage points from the same period last year [3] - The diluted earnings per share are -0.10 yuan, a decrease of 0.05 yuan compared to the same period last year [3] - The total asset turnover ratio is 0.04 times, an increase of 0.01 times year-on-year, representing a 15.45% increase [3] - The inventory turnover ratio is 0.12 times, an increase of 0.06 times year-on-year, representing a 114.67% increase [3] Shareholder Structure - The number of shareholders is 86,400, with the top ten shareholders holding 909 million shares, accounting for 48.54% of the total share capital [3] - The largest shareholder is Shanghai Beihigh New (Group) Co., Ltd., holding 45.08% of the shares [3]