NanFang Precision(SZ:002553) Xin Lang Cai Jing·2025-10-30 14:23Core Viewpoint - Southern Precision Engineering is a significant manufacturer of needle bearings and overrunning clutches in China, with strong R&D capabilities and quality control, holding a substantial market share in the automotive and motorcycle industries [1] Group 1: Business Performance - In Q3 2025, Southern Precision Engineering reported revenue of 622 million yuan, ranking 76th among 103 companies in the industry, while the industry leader, Weichai Power, achieved revenue of 170.571 billion yuan [2] - The company's main business composition includes precision bearings at 242 million yuan, accounting for 58.34%, and overrunning clutches at 86.798 million yuan, accounting for 20.96% [2] - The net profit for the same period was 357 million yuan, placing the company 14th in the industry, with the top performer, Weichai Power, reporting a net profit of 10.852 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Southern Precision Engineering's debt-to-asset ratio was 18.43%, an increase from 17.19% year-on-year, and significantly lower than the industry average of 39.06% [3] - The gross profit margin for the same period was 32.01%, down from 33.81% year-on-year, but still above the industry average of 21.53% [3] Group 3: Executive Compensation - The chairman, Shi Jianwei, received a salary of 1 million yuan in 2024, unchanged from 2023, while the general manager, Jiang Zongcheng, saw an increase in salary to 983,300 yuan from 671,100 yuan in the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 0.23% to 93,500, while the average number of circulating A-shares held per shareholder increased by 0.23% to 2,681.69 [5] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited ranked as the third-largest, holding 4.9988 million shares, an increase of 3.6105 million shares from the previous period [5]