Dongpeng Holdings(SZ:003012) Xin Lang Cai Jing·2025-10-30 10:13Core Viewpoint - Dongpeng Holdings is a leading player in the domestic ceramic tile industry, focusing on the research, production, and sales of ceramic products, with a full industry chain advantage [1] Group 1: Business Performance - In Q3 2025, Dongpeng Holdings reported revenue of 4.501 billion, ranking 2nd in the industry, with Marco Polo leading at 4.938 billion [2] - The main business composition includes glazed tiles at 2.457 billion (83.73%), sanitary ceramics at 200 million (6.81%), and bathroom products at 172 million (5.86%) [2] - The net profit for the same period was 349 million, also ranking 2nd, with Marco Polo at 1.062 billion [2] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio for Dongpeng Holdings was 33.74%, down from 36.29% year-on-year, lower than the industry average of 39.52% [3] - The gross profit margin was 31.10%, slightly down from 31.23% year-on-year, but still above the industry average of 23.08% [3] Group 3: Executive Compensation - Chairman He Xinming's compensation for 2024 was 2.4324 million, a decrease of 504,900 from 2023 [4] - General Manager He Ying's compensation for 2024 was 2.3079 million, down by 596,300 from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 0.23% to 27,800 [5] - The average number of circulating A-shares held per shareholder decreased by 0.23% to 41,100 [5] Group 5: Business Highlights - Despite a 3.9% year-on-year decline in revenue, the net profit increased by 13.1% [5] - The retail channel for ceramic tiles saw an 8.03% increase in revenue, with a 14.96% increase in sales area [5] - The company maintained stable profit margins and strong cash flow, with a cash flow from operations of 651 million, an increase of 162 million year-on-year [6]