OFFCN EDU(SZ:002607) Xin Lang Cai Jing·2025-10-30 14:04Core Viewpoint - Zhonggong Education is a leading provider of vocational training services in China, with a strong market presence and brand influence in the vocational education sector [1] Group 1: Business Performance - In Q3 2025, Zhonggong Education reported revenue of 1.657 billion yuan, ranking 2nd in the industry, surpassing the industry average of 0.702 billion yuan and the median of 0.497 billion yuan, while the top competitor, Xue Da Education, achieved revenue of 2.613 billion yuan [2] - The main business composition includes civil servant recruitment training at 0.587 billion yuan, accounting for 50.85%, and comprehensive training at 0.298 billion yuan, accounting for 25.75% [2] - The net profit for the same period was 91.966 million yuan, ranking 3rd in the industry, exceeding the industry average of 32.3107 million yuan and the median of -7.5282 million yuan, with the top competitor achieving a net profit of 227 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Zhonggong Education's debt-to-asset ratio was 86.35%, higher than the industry average of 54.63%, down from 88.74% in the same period last year [3] - The gross profit margin for Q3 2025 was 59.56%, above the industry average of 47.34%, slightly down from 59.76% in the previous year [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 6.71% to 277,400, while the average number of circulating A-shares held per account increased by 7.19% to 18,300 [5] - Among the top ten circulating shareholders, the Southern CSI 500 ETF held 71.9606 million shares, a decrease of 1.6906 million shares from the previous period [5]