Huarui Precision(SH:688059) Xin Lang Cai Jing·2025-10-30 16:16Core Viewpoint - Huari Precision is a leading enterprise in the domestic hard alloy CNC blade sector, with strong core technology and high product cost-performance ratio, focusing on customized solutions [1] Financial Performance - In Q3 2025, Huari Precision achieved revenue of 771 million yuan, ranking 46th among 82 companies in the industry, with the industry leader, China International Marine Containers, generating 117.06 billion yuan [2] - The company's net profit for the same period was 137 million yuan, ranking 20th in the industry, with the top performer, China International Marine Containers, reporting a net profit of 2.395 billion yuan [2] Profitability and Debt Ratios - As of Q3 2025, Huari Precision's debt-to-asset ratio was 47.98%, higher than the industry average of 39.81% [3] - The gross profit margin for the same period was 39.52%, significantly above the industry average of 22.64% [3] Management and Shareholder Information - The chairman, Xiao Xukai, received a salary of 795,700 yuan in 2024, a slight decrease from the previous year [4] - As of September 30, 2025, the number of A-share shareholders increased by 9.64% to 5,663, while the average number of shares held per shareholder decreased by 8.79% [5] Strategic Outlook - Huari Precision is recognized as a leading enterprise in high-end tool domestic substitution, with strong core technology and a focus on expanding into high-value new materials and applications [5] - The company is expected to see revenue growth from 951 million yuan in 2025 to 1.447 billion yuan in 2027, with corresponding EPS growth [5] - Huachuang Securities has raised the company's performance expectations, forecasting revenues of 943 million yuan, 1.198 billion yuan, and 1.522 billion yuan for 2025 to 2027, respectively [6]