Keda Group(SH:600499) Xin Lang Zheng Quan·2025-10-30 11:25Core Insights - Keda Manufacturing is a leading enterprise in the domestic building materials machinery and ceramic industry, established in December 1996 and listed on the Shanghai Stock Exchange in October 2002, with a full industry chain layout that highlights its investment value [1] Financial Performance - In Q3 2025, Keda Manufacturing achieved a revenue of 12.605 billion yuan, ranking first among 89 companies in the industry, significantly surpassing the second-ranked Haomai Technology's revenue of 8.076 billion yuan, with the industry average at 1.21 billion yuan and the median at 596 million yuan [2] - The company's net profit for the same period was 1.832 billion yuan, also leading the industry, slightly higher than Haomai Technology's 1.789 billion yuan, with the industry average at 111 million yuan and the median at 34.371 million yuan [2] Financial Ratios - As of Q3 2025, Keda Manufacturing's debt-to-asset ratio was 47.58%, an increase from 45.85% in the previous year and above the industry average of 42.80% [3] - The gross profit margin for Q3 2025 was 28.57%, up from 26.90% year-on-year and slightly above the industry average of 28.52% [3] Executive Compensation - The chairman, Bian Cheng, received a salary of 2.98 million yuan in 2024, a decrease of 820,000 yuan from 2023, while the general manager, Yang Xuexian, saw an increase in salary from 2.3 million yuan in 2023 to 2.6 million yuan in 2024 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders for Keda Manufacturing decreased by 5.51% to 56,400, while the average number of circulating A-shares held per account increased by 5.83% to 34,000 [5]