Shenglan Technology (SZ:300843) Xin Lang Zheng Quan·2025-10-31 12:22Core Viewpoint - Shenglan Co., Ltd. is a leading enterprise in the domestic connector industry, focusing on the research, production, and sales of electronic connectors and precision components, with a strong technical foundation and quality customer resources [1] Group 1: Business Performance - In Q3 2025, Shenglan's revenue was 1.244 billion, ranking 50th among 88 companies in the industry, while the industry leader, Industrial Fulian, reported revenue of 603.931 billion [2] - The net profit for the same period was 104 million, placing the company 32nd in the industry, with the top performer, Industrial Fulian, achieving a net profit of 22.522 billion [2] - For the first half of 2025, revenue grew by 28.97% year-on-year to 774 million, and net profit increased by 58.13% to 84.0087 million [5] Group 2: Financial Ratios - As of Q3 2025, Shenglan's debt-to-asset ratio was 46.18%, higher than the previous year's 39.20% and above the industry average of 44.84% [3] - The gross profit margin for the same period was 24.15%, slightly down from 24.71% year-on-year but still above the industry average of 19.47% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 5.65% to 23,400, while the average number of circulating A-shares held per shareholder increased by 5.96% to 6,722.09 [5] - Hong Kong Central Clearing Limited became the second-largest circulating shareholder, increasing its holdings by 2.5049 million shares [5] Group 4: Management Compensation - The chairman, Huang Xuelin, received a salary of 590,100, an increase of 2,700 from the previous year, while the general manager, Pan Hao, earned 425,100, up by 65,500 [4]