盈峰环境的前世今生：2025年三季度营收95.44亿行业居首，净利润4.82亿位列第二

Core Viewpoint - Yingfeng Environment is a leading comprehensive environmental service provider in China, with a strong investment value due to its full industry chain advantages [1] Group 1: Business Performance - In Q3 2025, Yingfeng Environment achieved a revenue of 9.544 billion yuan, ranking first among 28 companies in the industry, with an industry average of 1.64 billion yuan [2] - The main business composition includes smart services at 3.237 billion yuan (50.08%), intelligent equipment at 2.585 billion yuan (40.00%), and other products at 641 million yuan (9.92%) [2] - The net profit for the same period was 482 million yuan, ranking second in the industry, with the industry average at 87.6281 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, the asset-liability ratio of Yingfeng Environment was 46.70%, up from 37.74% year-on-year, exceeding the industry average of 43.61% [3] - The gross profit margin for Q3 2025 was 23.05%, slightly down from 23.89% year-on-year, and below the industry average of 25.59% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 1.70% to 35,000, while the average number of circulating A-shares held per household increased by 1.73% to 90,300 [5] - Hong Kong Central Clearing Limited was the sixth-largest circulating shareholder, holding 5.93607 million shares, a decrease of 2.506 million shares from the previous period [5] Group 4: Executive Compensation - The chairman and president, Ma Gang, received a salary of 3.0246 million yuan in 2024, an increase of 122,900 yuan from 2023 [4] Group 5: Market Insights - Huatai Securities reported that Yingfeng Environment achieved a revenue of 6.463 billion yuan in H1 2025, a year-on-year increase of 3.69%, with a net profit of 382 million yuan, up 0.43% year-on-year [6] - The company signed new projects in urban services, leading to a 2.25% increase in sanitation service revenue to 3.237 billion yuan, covering 14 provinces [6] - Intelligent equipment sales grew by 15.27% year-on-year, with a market share ranking first in the industry [6]