石大胜华的前世今生：2025年三季度营收46.35亿行业排23，净利润-1.24亿行业排33

Core Viewpoint - Shida Shenghua, established in December 2002 and listed on the Shanghai Stock Exchange in May 2015, is the world's largest production base for carbonate series products, focusing on deep processing of basic organic chemical products and creating a complete industrial chain around carbonate products [1] Group 1: Business Performance - In Q3 2025, Shida Shenghua reported revenue of 4.635 billion yuan, ranking 23rd out of 44 in the industry, significantly lower than the top competitor Zhongwei Co. at 33.297 billion yuan and second-place Greeenmei at 27.498 billion yuan, as well as below the industry average of 6.52 billion yuan and median of 4.845 billion yuan [2] - The main business composition includes dimethyl carbonate series, contributing 1.26 billion yuan, accounting for 41.85% of total revenue [2] - The net profit for the same period was -124 million yuan, ranking 33rd out of 44, with a notable gap compared to the first-place Putailai at 1.872 billion yuan and second-place China Baowu at 1.319 billion yuan, also below the industry average of 198 million yuan and median of 16.084 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Shida Shenghua's debt-to-asset ratio was 50.55%, down from 54.15% year-on-year and below the industry average of 51.96% [3] - The gross profit margin for the same period was 4.52%, a decrease from 5.31% year-on-year, and also lower than the industry average of 10.89% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 12.68% to 42,000, with an average holding of 4,825.94 circulating A-shares, a decrease of 11.25% from the previous period [5] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited ranked as the sixth largest circulating shareholder, holding 3.3536 million shares as a new shareholder [5] Group 4: Executive Compensation - The chairman, Guo Tianming, received a salary of 1.397 million yuan in 2024, an increase of 12,200 yuan from 2023 [4] - The general manager, Yu Haiming, had a salary of 1.308 million yuan in 2024, up from 1.303 million yuan in 2023 [4]