Xingyuan Environment(SZ:300266) Xin Lang Cai Jing·2025-10-30 13:45Core Viewpoint - Xingyuan Environment Technology Co., Ltd. is a leading comprehensive environmental service provider in China, offering integrated environmental solutions across various sectors [1] Group 1: Business Overview - Xingyuan Environment was established on July 15, 1992, and listed on the Shenzhen Stock Exchange on September 27, 2011, with its headquarters in Hangzhou, Zhejiang Province [1] - The company operates in four main business segments: comprehensive water treatment, ecological environmental protection for aquaculture, ecological landscaping and watershed management, and technological innovation and environmental equipment [1] Group 2: Financial Performance - For Q3 2025, Xingyuan Environment reported a revenue of 732 million yuan, ranking 27th among 51 companies in the industry [2] - The company's net profit for the same period was -78.05 million yuan, placing it 49th in the industry [2] - The main business revenue breakdown includes: environmental comprehensive governance and others at 226 million yuan (47.85%), environmental equipment and smart environmental protection at 186 million yuan (39.46%), and agricultural ecological protection at 59.896 million yuan (12.70%) [2] Group 3: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 92.86%, higher than the previous year's 91.33% and significantly above the industry average of 49.82% [3] - The gross profit margin for Q3 2025 was 15.39%, an increase from 13.98% year-on-year, but still below the industry average of 32.13% [3] Group 4: Management and Shareholder Information - The total compensation for General Manager Fu Junmin in 2024 was 1.4678 million yuan, an increase of 287,800 yuan from 2023 [4] - As of September 30, 2025, the number of A-share shareholders increased by 1.19% to 30,400, while the average number of circulating A-shares held per shareholder decreased by 1.18% to 51,200 [5]