KAIRUIDE(SZ:002072) Xin Lang Cai Jing·2025-10-30 15:30Core Insights - The company, Kairde (Weiquan), was established in June 2000 and listed on the Shenzhen Stock Exchange in October 2006, focusing on coal trading and leasing businesses [1] Group 1: Business Performance - For Q3 2025, Kairde reported revenue of 382 million yuan, ranking 12th in the industry, significantly lower than the top competitor, CITIC Metal, which had 103.46 billion yuan [2] - The company's net profit for the same period was -21.13 million yuan, also ranking 12th, with a stark contrast to the leading firms' profits of 2.79 billion yuan and 2.32 billion yuan [2] Group 2: Financial Ratios - Kairde's debt-to-asset ratio stood at 69.44% in Q3 2025, an increase from 51.86% year-on-year, surpassing the industry average of 63.05% [3] - The gross profit margin was -0.12%, down from 2.75% in the previous year, and significantly below the industry average of 15.06% [3] Group 3: Management and Shareholder Information - The chairman and general manager, Ji Xiaowen, received a salary of 384,000 yuan in 2024, a slight increase from 378,000 yuan in 2023 [4] - As of September 30, 2025, the number of A-share shareholders decreased by 21.12% to 11,300, while the average number of circulating A-shares held per account increased by 26.78% to 26,300 [5]