Western Venture(SZ:000557) Xin Lang Cai Jing·2025-10-30 11:04Core Viewpoint - Western Entrepreneurship, established in 1994, is a leading railway transportation enterprise in Ningxia, with a comprehensive business model covering the entire railway transportation industry chain [1] Group 1: Business Performance - In Q3 2025, Western Entrepreneurship reported revenue of 985 million yuan, ranking 7th in the industry, with the industry leader, Daqin Railway, generating 57.058 billion yuan [2] - The company's net profit for the same period was 295 million yuan, ranking 6th in the industry, with the top performer, Beijing-Shanghai High-Speed Railway, achieving 10.365 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Western Entrepreneurship's debt-to-asset ratio was 8.58%, an increase from 8.20% year-on-year, significantly lower than the industry average of 21.36% [3] - The gross profit margin for Q3 2025 was 18.60%, down from 27.68% year-on-year, but still above the industry average of 16.06% [3] Group 3: Management and Shareholder Information - The salary of General Manager Chen Cunbing increased to 510,000 yuan in 2024, up by 100,000 yuan from 2023 [4] - As of September 30, 2025, the number of A-share shareholders decreased by 3.25% to 37,500, while the average number of circulating A-shares held per account increased by 3.36% to 38,900 [5]