QSY Tech(SZ:300437) Xin Lang Cai Jing·2025-10-31 05:29Core Viewpoint - Qing Shui Yuan is a leading company in the water treatment agent industry in China, with a comprehensive business model that includes production, research and development, sales, and environmental engineering services [1] Group 1: Business Performance - In Q3 2025, Qing Shui Yuan reported revenue of 628 million yuan, ranking 31st among 51 companies in the industry, significantly lower than the top company, Shou Chuang Environmental, which had 13.453 billion yuan, and the industry average of 1.671 billion yuan [2] - The net profit for the same period was -35.1567 million yuan, placing the company 48th in the industry, far behind Shou Chuang Environmental's 1.908 billion yuan and the industry average of 230 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Qing Shui Yuan's debt-to-asset ratio was 40.90%, a decrease from 44.59% year-on-year, and lower than the industry average of 49.82% [3] - The company's gross profit margin was 8.95%, down from 9.71% year-on-year, and significantly below the industry average of 32.13% [3] Group 3: Executive Compensation - The chairman and president, Wang Zhiqing, received a salary of 200,000 yuan in 2024, a decrease of 29,000 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 0.76% to 22,600, while the average number of shares held per shareholder decreased by 0.76% to 7,779.92 [5]