CECM(SZ:300385) Xin Lang Zheng Quan·2025-10-31 08:59Core Viewpoint - Xuelang Environment is a leading enterprise in the field of flue gas purification and ash treatment in China, with advanced technology and a full industry chain advantage [1] Group 1: Company Overview - Xuelang Environment was established on February 12, 2001, and was listed on the Shenzhen Stock Exchange on June 26, 2014 [1] - The company is headquartered in Changzhou, Jiangsu Province, with its office located in Wuxi, Jiangsu Province [1] - The main business includes R&D, production, system integration, sales, and service of flue gas purification and ash treatment systems, as well as environmental project operations [1] - The company is classified under the environmental governance sector, specifically in air pollution control [1] Group 2: Financial Performance - In Q3 2025, Xuelang Environment reported revenue of 263 million yuan, ranking 5th among 8 companies in the industry [2] - The industry leader, Yuanda Environmental Protection, reported revenue of 2.936 billion yuan, while the industry average was 761 million yuan [2] - The company's net profit for the same period was -160 million yuan, ranking 8th in the industry [2] - The industry leader's net profit was 72.8382 million yuan, with the industry average at -654,200 yuan [2] Group 3: Financial Ratios - As of Q3 2025, Xuelang Environment's debt-to-asset ratio was 93.57%, significantly higher than the industry average of 56.37% [3] - The company's gross profit margin was -8.81%, lower than the previous year's 9.79% and well below the industry average of 16.98% [3] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 0.86% to 11,800 [5] - The average number of circulating A-shares held per shareholder increased by 0.86% to 24,600 [5] - Among the top ten circulating shareholders, Nuoan Multi-Strategy Mixed A (320016) ranked as the ninth largest, increasing its holdings by 288,800 shares to 2.196 million shares [5] Group 5: Executive Compensation - The chairman of Xuelang Environment, Xie Wutao, has a salary of 317,700 yuan for the year 2024 [4]