JJE(SH:688280) Xin Lang Cai Jing·2025-10-30 16:35Core Viewpoint - Jingjin Electric, a leading domestic electric drive system supplier, has shown significant revenue generation in the electric vehicle sector, but faces challenges in profitability and debt levels compared to industry averages [1][2][3]. Group 1: Company Overview - Jingjin Electric was established on February 25, 2008, and went public on October 27, 2021, on the Shanghai Stock Exchange, with its headquarters in Beijing [1]. - The company specializes in the research, production, sales, and service of electric drive systems, focusing on areas such as drive motors and autonomous driving [1]. Group 2: Financial Performance - For Q3 2025, Jingjin Electric reported a revenue of 1.802 billion yuan, ranking 37th among 103 companies in the industry [2]. - The revenue from electric drive systems for new energy vehicles was 969 million yuan, accounting for 94.75% of total revenue [2]. - The net profit for the same period was 83.55 million yuan, placing the company 56th in the industry [2]. Group 3: Financial Ratios - As of Q3 2025, Jingjin Electric's debt-to-asset ratio was 78.23%, an increase from 75.96% in the previous year, significantly higher than the industry average of 39.06% [3]. - The gross profit margin for Q3 2025 was 12.25%, up from -0.54% year-on-year, but still below the industry average of 21.53% [3]. Group 4: Executive Compensation - The chairman and general manager, Yu Ping, received a salary of 1.4084 million yuan in 2024, a decrease of 386,000 yuan from 2023 [4]. Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 1.64% to 18,200, while the average number of circulating A-shares held per shareholder decreased by 1.62% to 28,500 [5].