TJT(SZ:002977) Xin Lang Cai Jing·2025-10-31 01:13Core Viewpoint - Tianjian Technology, established in 2005 and listed in 2020, is a significant player in the high-band, high-power solid-state microwave front-end sector in China, with strong R&D capabilities [1] Group 1: Business Performance - For Q3 2025, Tianjian Technology reported revenue of 79.048 million yuan, ranking 61 out of 64 companies in the industry, with the industry leader, AVIC Chengfei, generating 48.286 billion yuan [2] - The company's main business composition includes new phased array products at 49.797 million yuan (73.63%) and solid-state transmitters at 17.837 million yuan (26.37%) [2] - The net profit for the same period was -25.5569 million yuan, ranking 40 out of 64, with the industry average net profit at 9.45076 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Tianjian Technology's debt-to-asset ratio was 8.89%, down from 14.94% year-on-year, significantly lower than the industry average of 32.84%, indicating strong solvency [3] - The gross profit margin for the period was 40.47%, down from 52.10% year-on-year, but still above the industry average of 34.84% [3] Group 3: Executive Compensation - The chairman, Lou Jiyong, received a salary of 802,100 yuan in 2024, a slight increase from 802,090 yuan in 2023 [4] - The general manager, Chen Lei, earned 902,100 yuan in 2024, also a minor increase from 902,090 yuan in 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 24.25% to 22,100, while the average number of circulating A-shares held per account increased by 32% to 3,013.67 [5]