East Group(SZ:300376) Xin Lang Cai Jing·2025-10-27 12:26Core Insights - ST Yishite reported a revenue of 2.461 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 6.52% [1] - The company's net profit attributable to shareholders was 94.2681 million yuan, a decline of 54.25% year-on-year [1] - The basic earnings per share stood at 0.04 yuan [1] Financial Performance - Gross margin for the first three quarters was 27.67%, down 5.29 percentage points year-on-year [1] - Net margin was 3.97%, a decrease of 5.35 percentage points compared to the same period last year [1] - In Q3 2025, the gross margin was 29.06%, down 8.62 percentage points year-on-year but up 5.55 percentage points quarter-on-quarter [1] Cost Structure - Total operating expenses for the period were 480 million yuan, a decrease of 22.7362 million yuan year-on-year [2] - The expense ratio was 19.48%, down 2.25 percentage points from the previous year [2] - Sales expenses increased by 1.04%, while management, R&D, and financial expenses decreased by 16.71%, 1.16%, and 12.17% respectively [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 62,300, a decrease of 3,857 or 5.83% from the end of the previous half [2] - The average market value held per shareholder increased from 139,300 yuan to 193,800 yuan, a growth of 39.17% [2] Business Overview - ST Yishite, established in June 2001 and listed in January 2014, is headquartered in Dongguan, Guangdong Province [2] - The company's main business includes R&D, production, sales, and services of UPS and other power electronic devices [2] - Revenue composition includes high-end power equipment and data centers (42.72%), energy storage products and systems (31.38%), new energy income (12.58%), new energy generation equipment and development (8.47%), and electric vehicle charging facilities (4.40%) [2]