Core Viewpoint - *ST Mingjia, established in May 2001 and listed on the Shenzhen Stock Exchange in March 2016, operates in the lighting engineering sector, focusing on design, construction, and product development in lighting [1] Financial Performance - In Q3 2025, *ST Mingjia reported revenue of 106 million, ranking 22nd out of 23 in the industry, significantly lower than the top competitor Jianghe Group at 14.55 billion and Jin Tanglang at 13.28 billion, as well as below the industry average of 2.46 billion and median of 664 million [2] - The net profit for the same period was -114 million, ranking 20th out of 23, with a notable gap compared to Jianghe Group's 510 million and Jin Tanglang's 394 million, and worse than the industry average of -21.42 million and median of -34.24 million [2] Financial Ratios - As of Q3 2025, *ST Mingjia's debt-to-asset ratio was 102.52%, up from 86.15% year-on-year, exceeding the industry average of 76.84%, indicating significant debt pressure [3] - The gross profit margin for Q3 2025 was 17.90%, down from 48.41% year-on-year, but still above the industry average of 13.06% [3] Executive Compensation - The chairman and president, Cheng Zongyu, received a salary of 1.31 million in 2024, a decrease of 52,400 from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 0.62% to 14,100, while the average number of circulating A-shares held per shareholder decreased by 0.62% to 46,400 [5]
*ST名家的前世今生：营收行业22/23，远低于行业平均，净利润行业20/23，亏损高于同业
Xin Lang Cai Jing·2025-10-31 11:07