威高骨科前三季度营收11.06亿元同比增2.12%,归母净利润2.07亿元同比增26.24%,研发费用同比下降7.89%

Core Insights - The company reported a revenue of 1.106 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 2.12% [1] - The net profit attributable to shareholders was 207 million yuan, showing a significant increase of 26.24% year-on-year [1] - The basic earnings per share (EPS) for the reporting period was 0.52 yuan [1] Financial Performance - The gross profit margin for Q3 2025 was 60.80%, a decrease of 5.21 percentage points year-on-year and a decline of 7.52 percentage points quarter-on-quarter [1] - The net profit margin for Q3 was 18.21%, down 3.50 percentage points compared to the same period last year and down 2.22 percentage points from the previous quarter [1] - Total operating expenses for Q3 were 456 million yuan, a decrease of 58.12 million yuan year-on-year, with an expense ratio of 41.22%, down 6.24 percentage points year-on-year [1] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 10,700, an increase of 1,656 shareholders or 18.33% from the end of the previous half [2] - The average market value per shareholder increased from 1.1862 million yuan to 1.2311 million yuan, a growth of 3.78% [2] Business Overview - The company specializes in the research, production, and sales of orthopedic medical devices, with its main revenue sources being joint products (29.01%), spine products (28.99%), sports medicine and tissue repair (19.11%), trauma products (16.64%), and others (6.10%) [2] - The company is classified under the pharmaceutical and biological industry, specifically in medical devices and consumables [2]