StarPower(SH:603290) Xin Lang Cai Jing·2025-10-30 14:43Core Viewpoint - Stada Semiconductor is a leading domestic IGBT module company in China, with strong technical capabilities and products widely used in new energy vehicles and photovoltaic energy storage [1] Group 1: Business Performance - In Q3 2025, Stada Semiconductor reported revenue of 2.99 billion yuan, ranking 4th in the industry [2] - The company's net profit for the same period was 386 million yuan, ranking 3rd in the industry [2] - The main business revenue from modules was 1.899 billion yuan, accounting for 98.12% of total revenue [2] Group 2: Financial Ratios - As of Q3 2025, Stada Semiconductor's asset-liability ratio was 33.94%, higher than the industry average of 24.02% [3] - The gross profit margin for the same period was 27.91%, lower than the industry average of 30.71% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 21.67% to 65,600 [5] - The average number of circulating A-shares held per shareholder decreased by 17.81% to 3,649.34 [5] Group 4: Management Compensation - The chairman and general manager, Shen Hua, received a salary of 1.3248 million yuan in 2024, an increase of 23,500 yuan from 2023 [4] Group 5: Market Outlook - The company is expected to achieve a total revenue of 4.115 billion yuan for the full year of 2025, driven by strong demand in the new energy vehicle and photovoltaic energy storage markets [5] - The company is actively adjusting its product structure, with revenue from the new energy generation segment increasing by over 200% year-on-year in the first half of 2025 [6]