ATC(SZ:002227) Xin Lang Zheng Quan·2025-10-31 10:16Core Viewpoint - Aote Xun is a leading company in the domestic power automation power supply sector, with a comprehensive industry chain advantage, focusing on power automation power supply, electric vehicle charging, and power quality management [1] Group 1: Business Performance - In Q3 2025, Aote Xun's revenue was 184 million yuan, ranking 23rd among 25 companies in the industry, while the top company, China Power, reported 40.971 billion yuan [2] - The net profit for Aote Xun was -51.81 million yuan, ranking 22nd in the industry, with the leading company, China Power, achieving 2.502 billion yuan [2] Group 2: Financial Ratios - Aote Xun's debt-to-asset ratio was 36.65% in Q3 2025, slightly up from 36.63% year-on-year, which is lower than the industry average of 42.24%, indicating good solvency [3] - The gross profit margin for Aote Xun was 21.18% in Q3 2025, down from 26.27% year-on-year, and below the industry average of 25.60%, suggesting a need for improvement in profitability [3] Group 3: Executive Compensation - The chairman, Liao Xiaoxia, received a salary of 601,800 yuan in 2024, a decrease of 398,200 yuan from 1 million yuan in 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders for Aote Xun was 29,500, a decrease of 1.65% from the previous period, while the average number of circulating A-shares held per account increased by 1.68% to 8,341.65 [5]