GSAFETY(SZ:300523) Xin Lang Cai Jing·2025-10-30 14:53Core Viewpoint - ChenAn Technology is a leading enterprise in the public safety emergency field, focusing on the research and development of emergency platform software and equipment, with a strong technical foundation and rich project experience [1] Group 1: Business Performance - In Q3 2025, ChenAn Technology reported revenue of 768 million yuan, ranking 53rd among 131 companies in the industry, while the industry leader, Digital China, achieved revenue of 102.365 billion yuan [2] - The company's main business revenue composition includes urban safety at 202 million yuan (36.29%), equipment and firefighting at 161 million yuan (28.82%), and emergency management at 137 million yuan (24.58%) [2] - The net profit for the same period was -132 million yuan, ranking 119th in the industry, with the industry leader, Unisplendour, reporting a net profit of 1.723 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, ChenAn Technology's asset-liability ratio was 66.61%, higher than the previous year's 60.41% and the industry average of 38.93% [3] - The gross profit margin for Q3 2025 was 37.29%, an increase from 32.21% in the previous year and above the industry average of 29.96% [3] Group 3: Management Compensation - The chairman, Zheng Jiasheng, received a salary of 934,700 yuan in 2024, a decrease of 287,300 yuan from 2023 [4] - The president, Li Longqing, earned 888,600 yuan in 2024, down 295,800 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 0.39% to 13,500, while the average number of circulating A-shares held per household decreased by 0.39% to 17,300 [5] - East Wu Securities noted that ChenAn Technology's 2024 performance may decline due to existing orders and the pace of order fulfillment, but the total contract amount signed is expected to grow by nearly 40% year-on-year [5]