Feymer(SH:688350) Xin Lang Cai Jing·2025-10-30 10:45Core Insights - The company reported a revenue of 1.091 billion yuan for the first three quarters of 2025, a year-on-year decrease of 6.94% [1] - The net profit attributable to shareholders was 35.58 million yuan, showing a year-on-year increase of 52.24% [1] - The basic earnings per share stood at 0.29 yuan [2] Financial Performance - The gross profit margin for the first three quarters was 15.80%, an increase of 2.27 percentage points year-on-year [2] - The net profit margin was 3.45%, up 1.93 percentage points compared to the same period last year [2] - In Q3 2025, the gross profit margin reached 16.85%, a year-on-year increase of 4.99 percentage points [2] - The net profit margin for Q3 was 4.89%, reflecting a year-on-year increase of 5.86 percentage points [2] Cost Structure - Total operating expenses for the period were 140 million yuan, a decrease of 1.32 million yuan year-on-year [2] - The expense ratio was 12.79%, up 0.78 percentage points from the previous year [2] - Sales expenses decreased by 7.13%, management expenses decreased by 8.49%, and R&D expenses decreased by 1.23% [2] - Financial expenses increased significantly by 145.82% [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 4,681, an increase of 181 from the end of the previous half-year, representing a growth of 4.02% [2] - The average market value per shareholder rose from 432,700 yuan to 590,000 yuan, an increase of 36.36% [2] Company Overview - Jiangsu Fumiao Technology Co., Ltd. was established on December 16, 2010, and went public on January 28, 2021 [3] - The company's main business includes the R&D, production, and sales of functional monomers, water-soluble polymers, water treatment membranes, and related applications [3] - The revenue composition is as follows: water-soluble polymers 45.33%, functional monomers 38.57%, energy supply 10.16%, water treatment membranes and applications 2.74%, and other products 3.20% [3]