EFORT(SH:688165) Xin Lang Zheng Quan·2025-10-30 13:45Core Viewpoint - Efort is a significant player in the domestic industrial robotics sector, focusing on the research, production, and sales of industrial robots and their core components, with a comprehensive technological advantage across the entire industry chain [1] Financial Performance - In Q3 2025, Efort reported revenue of 702 million yuan, ranking 9th in the industry out of 20, with the industry leader Estun generating 3.804 billion yuan [2] - The main business composition includes 370 million yuan from robot systems, accounting for 72.77%, and 116 million yuan from system integration, accounting for 22.86% [2] - Efort's net profit was -235 million yuan, ranking last in the industry, with the top performer, Bosch, achieving a profit of 443 million yuan [2] Financial Ratios - As of Q3 2025, Efort's debt-to-asset ratio was 56.16%, higher than the previous year's 48.37% and above the industry average of 38.93% [3] - The gross profit margin for Q3 2025 was 7.55%, down from 17.11% in the previous year and below the industry average of 25.17% [3] Executive Compensation - The chairman and general manager, You Wei, received a salary of 822,700 yuan in 2024, a decrease of 34,100 yuan from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 5.24% to 30,700, with an average holding of 17,000 circulating A-shares, which increased by 5.54% [5] - The top circulating shareholders include the E Fund National Robot Industry ETF and the Huaxia CSI Robot ETF, with holdings of 7.6793 million shares and 5.7467 million shares, respectively [5]