Huitong Group(SH:603176) Xin Lang Cai Jing·2025-10-30 14:28Core Viewpoint - 汇通集团 is a construction company in China, involved in various sectors including highway, municipal, and building engineering, with a full industry chain service capability [1] Group 1: Business Performance - In Q3 2025, 汇通集团 reported revenue of 1.408 billion yuan, ranking 19th out of 23 in the industry, with the top two competitors being China Railway with 773.814 billion yuan and China Communications Construction with 728.403 billion yuan [2] - The main business composition includes construction contracts at 944 million yuan, accounting for 90.76%, and infrastructure operations at 61.265 million yuan, accounting for 5.89% [2] - The net profit for Q3 2025 was -29.8811 million yuan, ranking 21st out of 23, with the industry leaders reporting net profits of 19.218 billion yuan and 18.209 billion yuan respectively [2] Group 2: Financial Ratios - As of Q3 2025, 汇通集团's asset-liability ratio was 78.65%, slightly up from 78.53% year-on-year, which is higher than the industry average of 72.81%, indicating significant debt pressure [3] - The gross profit margin for Q3 2025 was 20.75%, an increase from 15.53% year-on-year, surpassing the industry average of 11.72%, reflecting strong profitability [3] Group 3: Executive Compensation - The chairman, 张忠强, received a salary of 1.4862 million yuan in 2024, a decrease of 196,700 yuan from 2023 [4] - The general manager, 赵亚尊, earned 1.5397 million yuan in 2024, an increase of 455,000 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 19.48% to 27,000, while the average number of circulating A-shares held per account decreased by 16.30% to 17,100 [5]