Core Viewpoint - Guangdong JianKe, established on December 25, 2013, is a leading service provider in the construction engineering inspection and testing sector in China, set to be listed on the Shenzhen Stock Exchange on August 12, 2025 [1] Group 1: Business Performance - In Q3 2025, Guangdong JianKe achieved a revenue of 724 million yuan, ranking 9th in the industry, below the industry leader Huace Testing's 4.702 billion yuan and the second-ranked Guangdian Measurement's 2.416 billion yuan, and also below the industry average of 981 million yuan [2] - The main business composition includes: construction and municipal services at 361 million yuan (72.84%), water conservancy at 39.52 million yuan (7.97%), safety production at 39.36 million yuan (7.93%), energy conservation and environmental protection at 28.27 million yuan (5.70%), transportation at 21.99 million yuan (4.43%), and others at 5.59 million yuan (1.13%) [2] - The net profit for the period was 13.73 million yuan, ranking 16th in the industry, significantly lower than Huace Testing's 810 million yuan and Zhonggang Tianyuan's 260 million yuan, as well as below the industry average of 101 million yuan and the median of 56.59 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Guangdong JianKe's debt-to-asset ratio was 21.04%, lower than the industry average of 26.67%, indicating strong solvency [3] - The gross profit margin for the period was 43.56%, up from 40.76% in the previous year, and higher than the industry average of 43.39%, reflecting strong profitability [3] Group 3: Management and Shareholder Information - The chairman, Chen Shaoxiang, has a salary of 798,300 yuan for 2024, while the general manager, Yang Shichao, has a salary of 769,400 yuan [4] - As of September 30, 2025, the number of A-share shareholders decreased by 51.21% to 31,400, with an average holding of 2,192.75 shares, an increase of 104.97% [5] - The company is backed by the Guangdong Provincial State-owned Assets Supervision and Administration Commission and has established a high-quality talent team with advanced laboratories and equipment [5] Group 4: Future Projections - According to Huajin Securities, the company is projected to achieve revenues of 1.072 billion yuan, 1.154 billion yuan, and 1.197 billion yuan for the years 2022, 2023, and 2024 respectively, with net profits of 103 million yuan, 99 million yuan, and 107 million yuan [5] - For the first half of 2025, the company anticipates a revenue growth of 3.26% year-on-year to 709 million yuan and a net profit increase of 1.05% to 102.3 million yuan [5]
广东建科的前世今生：2025年三季度营收7.24亿行业排第9，净利润1373.53万行业排第16