SNS(SZ:300470) Xin Lang Cai Jing·2025-10-29 13:08Core Insights - The company reported a revenue of 1.283 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 12.30% [1] - The net profit attributable to shareholders was 278 million yuan, with a year-on-year increase of 2.71% [1] - The basic earnings per share stood at 1.35 yuan [1] Financial Performance - The gross profit margin for the first three quarters was 44.01%, a decrease of 3.60 percentage points year-on-year [1] - The net profit margin was 21.70%, down 2.07 percentage points compared to the same period last year [1] - In Q3 2025, the gross profit margin was 43.96%, showing a year-on-year decline of 4.46% but a quarter-on-quarter increase of 0.30% [1] - The net profit margin for Q3 was 21.33%, down 2.09 percentage points year-on-year but up 0.48 percentage points from the previous quarter [1] Expense Analysis - The total operating expenses for the company were 248 million yuan, an increase of 18.065 million yuan year-on-year [2] - The expense ratio was 19.34%, a decrease of 0.80 percentage points from the previous year [2] - Sales expenses increased by 1.06%, management expenses rose by 22.35%, and R&D expenses grew by 11.36% [2] - Financial expenses saw a significant decrease of 585.41% [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 18,200, an increase of 3,318 from the end of the previous half-year, representing a growth of 22.36% [2] - The average market value per shareholder decreased from 515,700 yuan to 416,400 yuan, a decline of 19.26% [2] Company Overview - The company is located in Chengdu, Sichuan Province, and was established on September 29, 1993, with its listing date on June 12, 2015 [2] - The main business involves the design, research and development, manufacturing, and sales of various mechanical seals, along with providing comprehensive technical services [2] - The revenue composition includes mechanical seals (31.09%), dry gas seals and control systems (24.36%), rubber and plastic seals (12.58%), and other related products [2] Industry Classification - The company belongs to the mechanical equipment sector, specifically in general equipment and other general equipment categories [3] - It is associated with various concept sectors, including small-cap, marine economy, pension concepts, value growth, and military-civilian integration [3]