DOUBLESTAR(SZ:000599) Xin Lang Zheng Quan·2025-10-31 04:40Core Insights - Qingdao Doublestar, established in 1996, is a leading tire manufacturer in China with strong market competitiveness in tire R&D and production [1] Group 1: Business Performance - In Q3 2025, Qingdao Doublestar reported revenue of 3.492 billion yuan, ranking 13th among 21 companies in the industry, while the industry leader Zhongce Rubber achieved revenue of 33.683 billion yuan [2] - The company's net profit for the same period was -254 million yuan, placing it last in the industry rankings, with the top performer Zhongce Rubber reporting a net profit of 3.513 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Qingdao Doublestar's debt-to-asset ratio was 84.25%, an increase from 79.80% year-on-year, significantly higher than the industry average of 49.47% [3] - The company's gross profit margin was 4.88%, down from 9.63% year-on-year and below the industry average of 16.40% [3] Group 3: Leadership - The chairman, Chai Yongsen, has a rich background, holding multiple leadership roles including chairman of the board and senior vice president of the China Rubber Industry Association [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 9.00% to 47,700, while the average number of circulating A-shares held per shareholder increased by 9.88% to 17,100 [5]