Shenzhen Lihexing (SZ:301013) Xin Lang Zheng Quan·2025-10-31 01:48Company Overview - Lihexing was established on January 9, 2006, and listed on the Shenzhen Stock Exchange on June 29, 2021, with its registered and office address in Shenzhen, Guangdong Province. The company is a leading domestic supplier of intelligent manufacturing equipment, focusing on the research and development of automation and intelligent equipment, holding multiple core technologies [1]. Business Performance - As of Q3 2025, Lihexing reported a revenue of 327 million yuan, ranking 67th out of 89 in the industry, significantly lower than the top competitor, Keda Manufacturing, which reported 12.605 billion yuan, and second-place Haomai Technology at 8.076 billion yuan. The industry average revenue is 1.21 billion yuan, with a median of 596 million yuan [1]. - The main business segments include intelligent manufacturing equipment at 78.063 million yuan (43.58%), electronic components at 56.305 million yuan (31.43%), specialized accessories at 42.673 million yuan (23.82%), and others at 2.0846 million yuan (1.16%) [1]. - The net profit for the same period was -67.1681 million yuan, ranking 82nd out of 89, with a significant gap compared to Keda Manufacturing's 1.832 billion yuan and Haomai Technology's 1.789 billion yuan. The industry average net profit is 111 million yuan, with a median of 34.3712 million yuan [1]. Financial Ratios - As of Q3 2025, Lihexing's debt-to-asset ratio was 50.50%, an increase from 44.04% in the previous year and above the industry average of 42.80% [2]. - The gross profit margin for Q3 2025 was -2.83%, a significant decline from 20.31% in the previous year and below the industry average of 28.52% [2]. Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 168.43% to 46,000, while the average number of circulating A-shares held per account decreased by 62.75% to 4,112.97 [2]. - Notably, Penghua Carbon Neutral Theme Mixed A (016530) has exited the list of the top ten circulating shareholders [2]. Management Compensation - The chairman and general manager, Lin Yipan, received a salary of 854,800 yuan in 2024, a slight increase of 900 yuan from 2023 [2].