Core Insights - Junsheng Electronics (600699.SH) reported a significant increase in gross margin, reaching 18.3%, up approximately 2.7 percentage points year-on-year, marking a five-year high [1] - The company experienced rapid growth in new business orders, with a total lifecycle value of new orders in Q3 2025 amounting to approximately 40.2 billion yuan, and a cumulative total of about 71.4 billion yuan for the first three quarters [1] - The revenue for Q3 2025 was 15.497 billion yuan, reflecting a year-on-year increase of 10.25%, while the cumulative revenue for the first three quarters was 45.844 billion yuan, up 11.45% year-on-year [1] Financial Performance - The net profit attributable to shareholders for Q3 2025 was approximately 1.12 billion yuan, representing a year-on-year growth of about 19.0% [1] - In Q3 2025, the net profit attributable to shareholders was around 410 million yuan, showing a year-on-year increase of approximately 35.4% and a quarter-on-quarter growth of about 12.4% [1] Business Development - The automotive safety business accounted for approximately 39.6 billion yuan of the new orders, while the automotive electronics business contributed about 31.8 billion yuan [1] - The proportion of orders from leading domestic brands and new car manufacturers has been steadily increasing, serving as a key driver for order growth [1]
均胜电子(600699.SH)2025Q3毛利破新高至18.6% 单季狂揽402亿元新订单