JSTI(SZ:300284) Xin Lang Cai Jing·2025-10-27 12:26Core Insights - Sujiao Technology reported a decline in revenue and profit for the first three quarters of 2025, with total revenue at 2.769 billion yuan, down 5.00% year-on-year, and net profit attributable to shareholders at 79.0378 million yuan, down 48.39% year-on-year [1][2] Financial Performance - Basic earnings per share for the reporting period were 0.06 yuan, with a weighted average return on equity of 1.00% [2] - The company's gross margin for the first three quarters was 30.58%, a decrease of 1.06 percentage points year-on-year, while the net margin was 3.11%, down 2.21 percentage points year-on-year [2] - In Q3 2025, the gross margin dropped to 28.28%, a year-on-year decrease of 7.47 percentage points and a quarter-on-quarter decrease of 5.94 percentage points, with a net margin of -0.63% [2] Expense Analysis - Total operating expenses for Q3 2025 were 591 million yuan, a decrease of 2.4749 million yuan year-on-year, with an expense ratio of 21.36%, up 0.98 percentage points year-on-year [2] - Sales expenses decreased by 7.28%, management expenses decreased by 3.14%, and R&D expenses decreased by 11.24%, while financial expenses increased by 194.32% [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 55,700, a decrease of 5,127 shareholders or 8.43% from the end of the previous half [2] - The average market value per shareholder increased from 188,900 yuan at the end of the previous half to 193,600 yuan, an increase of 2.49% [2] Company Overview - Sujiao Technology Group Co., Ltd. is located in Nanjing, Jiangsu Province, and was established on August 29, 2002, with its listing date on January 10, 2012 [3] - The company's main business involves traffic engineering consulting and contracting, with 99.70% of revenue coming from engineering consulting [3] - The company belongs to the construction decoration industry and is involved in various concept sectors including sponge cities, spatial computing, DeepSeek concept, low-altitude economy, and smart cities [3]