HUNAN SILVER(SZ:002716) Xin Lang Cai Jing·2025-10-30 11:42Core Viewpoint - Hunan Silver is a significant player in the domestic silver industry, with a comprehensive resource recovery capability and a full industrial chain layout in non-ferrous metals [1] Group 1: Company Overview - Hunan Silver was established on November 8, 2004, and listed on the Shenzhen Stock Exchange on January 28, 2014 [1] - The company focuses on the mining, smelting, and deep processing of non-ferrous metals such as silver, lead, and zinc, forming an integrated production system [1] - It also recovers valuable metals like gold and bismuth [1] Group 2: Financial Performance - In Q3 2025, Hunan Silver reported an operating revenue of 8.594 billion yuan, ranking first in the industry [2] - The net profit for the same period was 159 million yuan, also ranking first in the industry [2] - The main business revenue from non-ferrous metals and their products was 4.523 billion yuan, accounting for 99.87% of total revenue [2] Group 3: Financial Ratios - As of Q3 2025, the asset-liability ratio was 53.79%, up from 46.87% in the same period last year, in line with the industry average [3] - The gross profit margin for Q3 2025 was 5.88%, down from 6.34% year-on-year, also in line with the industry average [3] Group 4: Shareholder Information - As of June 30, 2025, the number of A-share shareholders increased by 21.30% to 88,000 [5] - The average number of circulating A-shares held per shareholder decreased by 17.56% to 25,100 [5] - Notable new shareholders include Hong Kong Central Clearing Limited and the Gold ETF [5]