Sunrise Group(SZ:002593) Xin Lang Cai Jing·2025-10-31 10:54Core Viewpoint - 日上集团 is a leading manufacturer of automotive wheels and steel structure products in China, with a complete industrial chain and advanced production technology [1] Group 1: Business Performance - In Q3 2025, 日上集团 reported revenue of 2.66 billion yuan, ranking 6th in the industry, significantly lower than the top competitor 鸿路钢构 at 15.917 billion yuan and 精工钢构 at 14.557 billion yuan [2] - The net profit for the same period was 77.6363 million yuan, also ranking 6th, and was substantially lower than the industry average of 179 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, 日上集团's debt-to-asset ratio was 48.32%, slightly up from 47.03% year-on-year, but still below the industry average of 56.77%, indicating good solvency [3] - The gross profit margin was 12.30%, an increase from 8.93% year-on-year, yet still below the industry average of 13.40% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 9.74% to 55,400, while the average number of circulating A-shares held per shareholder increased by 10.79% to 10,100 [5] - Several funds under 博道 have increased their holdings, with notable increases in shares held by 博道成长智航股票A and 博道远航混合A [5]