Company Overview - Xining Electric was established on March 31, 1999, and was listed on the Shenzhen Stock Exchange on November 9, 2022. The company is located in Zhejiang Province and specializes in low-voltage electrical products, possessing differentiated advantages in technology research and development [1] Financial Performance - For Q3 2025, Xining Electric reported revenue of 353 million yuan, ranking 22nd among 26 companies in the industry. The top company, Chint Electric, achieved revenue of 46.396 billion yuan, while the industry average was 3.727 billion yuan [2] - The net profit for the same period was 19.6511 million yuan, placing the company 21st in the industry. Chint Electric led with a net profit of 5.656 billion yuan, and the industry average was 362 million yuan [2] Financial Ratios - As of Q3 2025, Xining Electric's debt-to-asset ratio was 18.28%, up from 16.01% the previous year, which is significantly lower than the industry average of 40.49%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 22.31%, an increase from 19.92% year-on-year, but slightly below the industry average of 23.98% [3] Executive Compensation - The chairman, Hu Zhixing, received a salary of 385,500 yuan in 2024, an increase of 37,900 yuan from 2023. The general manager, Zhang Pengchun, also earned 385,500 yuan, which is an increase of 101,100 yuan from the previous year [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 0.40% to 11,500, while the average number of circulating A-shares held per shareholder increased by 0.40% to 2,376.35 [5]
欣灵电气的前世今生：2025年三季度营收3.53亿低于行业平均，净利润1965.11万位列行业下游