BR-robot(SH:688218) Xin Lang Cai Jing·2025-10-30 15:57Core Viewpoint - Jiangsu Beiren, established in December 2011 and listed on the Shanghai Stock Exchange in December 2019, specializes in industrial robot system integration, offering comprehensive automation and intelligent solutions [1] Group 1: Business Performance - In Q3 2025, Jiangsu Beiren reported revenue of 340 million yuan, ranking 15th in the industry, significantly lower than the top competitor Estun at 3.804 billion yuan and the second competitor at 2.218 billion yuan [2] - The main business composition includes welding industrial robot system integration at 533 million yuan, accounting for 76.29%, and energy storage systems at 87.72 million yuan, accounting for 12.55% [2] - The net profit for the same period was -57.22 million yuan, ranking 17th in the industry, with a notable gap compared to the top performer at 443 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Jiangsu Beiren's debt-to-asset ratio was 54.75%, higher than the previous year's 51.26% and the industry average of 38.93%, indicating significant debt pressure [3] - The gross profit margin for Q3 2025 was 17.55%, down from 22.71% year-on-year and below the industry average of 25.17%, suggesting a need for improvement in profitability [3] Group 3: Executive Compensation - The chairman, Zhu Zhenyou, received a salary of 1.5498 million yuan in 2024, an increase of 507,400 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 15.84% to 8,131, while the average number of circulating A-shares held per account increased by 18.82% to 14,600 [5] - Among the top ten circulating shareholders, Huaxia CSI Robot ETF ranked fifth with 2.6149 million shares, an increase of 487,800 shares from the previous period [5]