HYNAR WATER(SZ:300961) Xin Lang Zheng Quan·2025-10-30 14:13Core Viewpoint - Deep Water Haina, established in 2001 and listed in 2021, is a high-tech enterprise in the environmental water industry, focusing on wastewater treatment and aiming to be an innovative comprehensive service provider in the water ecological environment sector [1] Financial Performance - For Q3 2025, Deep Water Haina reported revenue of 265 million, ranking 39th out of 51 in the industry, significantly lower than the top competitor, Beijing Capital Eco-Environment Protection Group, which had 13.453 billion, and the second competitor, Xirong Environment, with 6.548 billion [2] - The net profit for the same period was -22.44 million, placing the company 47th in the industry, far behind the leading firms with net profits of 1.908 billion and 1.812 billion respectively [2] Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 70.80%, an increase from 64.67% year-on-year, and above the industry average of 49.82%, indicating significant debt pressure [3] - The gross profit margin was reported at 27.46%, down from 39.87% year-on-year and below the industry average of 32.13%, reflecting a decline in profitability [3] Executive Compensation - The chairman, Li Haibo, received a salary of 1.2989 million in 2024, an increase of 304,100 from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 0.88% to 23,600, while the average number of circulating A-shares held per account increased by 0.89% to 6,475.48 [5]