中研股份前三季度营收2.07亿元同比增7.13%,归母净利润1042.69万元同比降65.07%,净利率下降10.41个百分点

Core Insights - The company reported a revenue of 207 million yuan for the first three quarters of 2025, representing a year-on-year increase of 7.13% [1] - The net profit attributable to shareholders was 10.43 million yuan, a decline of 65.07% year-on-year, while the net profit excluding non-recurring items was 4.70 million yuan, down 76.22% year-on-year [1][2] - The basic earnings per share stood at 0.09 yuan [1][2] Financial Performance - The gross profit margin for the first three quarters was 45.37%, an increase of 5.24 percentage points year-on-year, while the net profit margin was 5.04%, a decrease of 10.41 percentage points compared to the same period last year [2] - In Q3 2025, the gross profit margin was 47.02%, up 6.96 percentage points year-on-year and 2.84 percentage points quarter-on-quarter; the net profit margin was 4.49%, down 16.36% year-on-year but up 2.44 percentage points from the previous quarter [2] - Total operating expenses for the period were 85.88 million yuan, an increase of 27.21 million yuan year-on-year, with an expense ratio of 41.48%, up 11.12 percentage points year-on-year [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 17,000, an increase of 4,031 or 31.00% from the end of the previous half [3] - The average market value per shareholder decreased from 333,100 yuan at the end of the previous half to 322,100 yuan, a decline of 3.29% [3] Company Overview - The company, Jilin Zhongyan High Polymer Materials Co., Ltd., is located in Changchun, Jilin Province, and was established on December 22, 2006, with its listing date on September 20, 2023 [3] - The main business involves the research, production, and sales of polyether ether ketone (PEEK), with revenue composition including pure resin granules (58.95%), composite enhanced granules (27.38%), pure resin fine powder (8.73%), pure resin coarse powder (3.87%), and PEEK products (1.07%) [3] - The company belongs to the basic chemicals industry, specifically in plastics and synthetic resins, and is associated with concepts such as small-cap stocks, PEEK, specialized and innovative enterprises, flying cars, and new energy vehicles [3]