UNI-T(SH:688628) Xin Lang Cai Jing·2025-10-30 10:49Core Viewpoint - The financial report for the first three quarters of 2025 indicates a mixed performance for the company, with revenue growth but a decline in net profit and profitability margins [1][2]. Financial Performance - The company's revenue for the first three quarters reached 923 million yuan, representing an 8.10% year-on-year increase [1]. - The net profit attributable to shareholders was 135 million yuan, down 10.87% year-on-year, while the net profit excluding non-recurring items was 130 million yuan, a decrease of 10.25% [1][2]. - Basic earnings per share stood at 1.22 yuan [1][2]. Profitability Metrics - The gross margin for the first three quarters was 42.98%, a decline of 1.85 percentage points year-on-year [2]. - The net profit margin was 13.99%, down 3.43 percentage points compared to the same period last year [2]. - In Q3 2025, the gross margin was 43.75%, showing a year-on-year decrease of 1.23 percentage points but a quarter-on-quarter increase of 1.54 percentage points [2]. Expense Analysis - Total operating expenses for Q3 2025 amounted to 245 million yuan, an increase of 38.99 million yuan year-on-year [2]. - The expense ratio was 26.54%, up 2.42 percentage points from the previous year [2]. - Breakdown of expenses showed sales expenses increased by 8.61%, management expenses by 21.44%, R&D expenses by 21.29%, and financial expenses by 37.49% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 6,593, an increase of 898 (15.77%) from the end of the previous half [2]. - The average market value per shareholder decreased from 658,500 yuan to 608,500 yuan, a decline of 7.60% [2]. Company Overview - The company, established on December 5, 2003, and listed on February 1, 2021, is located in Dongguan, Guangdong Province, specializing in the R&D, production, and sales of testing and measurement instruments [3]. - The main business revenue composition includes general instruments (55.97%), temperature and environmental testing instruments (19.20%), testing instruments (14.16%), professional instruments (10.20%), and others (0.46%) [3]. - The company belongs to the machinery equipment sector, specifically in general equipment and instruments [3].