Changqing(SH:603768) Xin Lang Cai Jing·2025-10-30 15:28Core Insights - Changqing Co., Ltd. is a significant player in the domestic automotive stamping and welding parts industry, established in September 1988 and listed on the Shanghai Stock Exchange in March 2017 [1] Financial Performance - For Q3 2025, Changqing's revenue reached 2.562 billion yuan, ranking 15th among 55 companies in the industry, with the industry leader, Zhongding Co., Ltd., reporting revenue of 14.555 billion yuan [2] - The company's net profit for Q3 2025 was -68.0443 million yuan, placing it 53rd in the industry, while Zhongding Co., Ltd. reported a net profit of 1.305 billion yuan [2] Financial Ratios - As of Q3 2025, Changqing's debt-to-asset ratio was 62.44%, higher than the previous year's 57.02% and above the industry average of 40.56% [3] - The gross profit margin for Q3 2025 was 14.56%, down from 16.05% in the previous year and below the industry average of 21.56% [3] Executive Compensation - The chairman and general manager, Wu Yinghong, received a salary of 707,300 yuan in 2024, an increase of 97,800 yuan from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 15.43% to 16,200, while the average number of circulating A-shares held per account increased by 18.25% to 14,700 [5]