国盛智科前三季度营收9.72亿元同比增21.53%，归母净利润1.20亿元同比增20.89%，净利率下降0.12个百分点

Core Insights - Guosheng Intelligent Technology reported a revenue of 972 million yuan for the first three quarters of 2025, representing a year-on-year growth of 21.53% [1] - The net profit attributable to shareholders reached 120 million yuan, with a year-on-year increase of 20.89% [1] - The basic earnings per share stood at 0.92 yuan [2] Financial Performance - The gross profit margin for the first three quarters of 2025 was 25.20%, an increase of 1.03 percentage points year-on-year [2] - The net profit margin was 12.53%, a slight decrease of 0.12 percentage points compared to the same period last year [2] - In Q3 2025, the gross profit margin was 25.03%, down 0.38 percentage points year-on-year and 0.73 percentage points quarter-on-quarter [2] - The net profit margin for Q3 2025 was 11.80%, down 1.75 percentage points year-on-year and 1.54 percentage points quarter-on-quarter [2] Expense Analysis - Total operating expenses for the period were 119 million yuan, an increase of 22.24 million yuan year-on-year [2] - The expense ratio was 12.26%, up 0.14 percentage points from the same period last year [2] - Sales expenses increased by 21.75%, management expenses by 6.59%, R&D expenses by 22.62%, and financial expenses by 69.00% [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 7,751, an increase of 451 from the end of the previous half-year, representing a growth of 6.18% [2] - The average market value per shareholder rose from 456,400 yuan to 537,600 yuan, an increase of 17.80% [2] Company Overview - Guosheng Intelligent Technology, established on August 31, 1999, is located in Nantong, Jiangsu Province, and was listed on June 30, 2020 [3] - The company specializes in the R&D, production, and sales of mid-to-high-end CNC machine tools and high-end equipment structural components [3] - The revenue composition includes CNC machine tools (82.74%), equipment components (11.15%), intelligent automation production lines (5.41%), and others (0.71%) [3] - The company is classified under the machinery equipment sector, specifically general equipment and machine tools [3]