Daqian(SH:603955) Xin Lang Zheng Quan·2025-10-30 15:57Core Viewpoint - Daqian Ecological, established in 1988 and listed in 2017, operates in the domestic landscaping industry, focusing on landscape design, construction, and maintenance, with a full industry chain advantage [1] Group 1: Business Performance - In Q3 2025, Daqian Ecological reported revenue of 153 million yuan, ranking 18th out of 22 in the industry, significantly lower than the top competitor Palm Holdings at 1.945 billion yuan [2] - The main business segments include cultural tourism operations at 37.47 million yuan (67.94% of revenue) and pet business at 9.08 million yuan (16.47% of revenue) [2] - The net profit for the same period was -29.93 million yuan, ranking 8th in the industry, with the top performer Huylin Ecological at 97.50 million yuan [2] Group 2: Financial Health - As of Q3 2025, Daqian Ecological's debt-to-asset ratio was 31.22%, lower than the previous year's 32.93% and significantly below the industry average of 65.35%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 21.18%, down from 23.34% year-on-year but still above the industry average of 11.95%, showing a competitive profitability advantage [3] Group 3: Leadership - The chairman, Zhang Yuan, has a rich background, born in 1968, with a degree from Shanghai Jiao Tong University and experience in various leadership roles, including at OPPO [4] - The general manager, Ding Yi, born in 1976, has previously served as the general manager of Jiangsu Baisheng Electronic Communications Division [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 6.00% to 12,100, while the average number of circulating A-shares held per account increased by 6.38% to 11,200 [5]