Haixia Environmental Protection(SH:603817) Xin Lang Cai Jing·2025-10-30 13:10Core Viewpoint - Haixia Environmental Protection is a leading wastewater treatment company in Fujian Province, established in 2002 and listed on the Shanghai Stock Exchange in 2017, focusing on municipal wastewater treatment services and possessing full industry chain service capabilities [1] Financial Performance - For Q3 2025, Haixia Environmental reported revenue of 1.002 billion yuan, ranking 24th among 51 companies in the industry, with the industry leader, Chuangshuo Environmental, generating 13.453 billion yuan [2] - The company's net profit for the same period was 183 million yuan, placing it 14th in the industry, while the top performer, Chuangshuo Environmental, achieved a net profit of 1.908 billion yuan [2] Profitability and Debt Ratios - As of Q3 2025, Haixia Environmental's debt-to-asset ratio was 53.24%, higher than the industry average of 49.82%, but improved from 55.93% in the previous year [3] - The company's gross profit margin stood at 43.61%, exceeding the industry average of 32.13% and slightly up from 41.83% year-on-year [3] Executive Compensation - The president of Haixia Environmental, Zhuo Xianwen, received a salary of 597,000 yuan in 2024, an increase of 20,500 yuan from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 13.11% to 29,300, while the average number of circulating A-shares held per shareholder decreased by 11.59% to 19,400 [5]