Shanghai Automobile Air-(SH:603107) Xin Lang Cai Jing·2025-10-31 12:35Core Viewpoint - Shanghai Auto Parts, a significant player in the automotive components sector, focuses on the research, development, and production of automotive air conditioning pipes and fuel distribution pipes, and was listed on the Shanghai Stock Exchange on November 1, 2023 [1] Group 1: Business Performance - In Q3 2025, Shanghai Auto Parts achieved a revenue of 1.645 billion yuan, ranking 44th among 103 companies in the industry, significantly lower than the industry leader Weichai Power's 170.571 billion yuan and second-place Top Group's 20.928 billion yuan, and below the industry average of 3.82 billion yuan but above the median of 1.381 billion yuan [2] - The net profit for the same period was 135 million yuan, ranking 38th in the industry, with the top company Weichai Power reporting a net profit of 10.852 billion yuan and the industry average at 275 million yuan, while the median was 92.141 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Shanghai Auto Parts had a debt-to-asset ratio of 21.69%, down from 24.83% year-on-year and significantly lower than the industry average of 39.06%, indicating strong solvency [3] - The gross profit margin for the same period was 20.64%, slightly up from 20.38% year-on-year but below the industry average of 21.53% [3] Group 3: Management and Shareholder Structure - The controlling shareholder of Shanghai Auto Parts is Shanghai Automotive Air Conditioning Factory Co., Ltd., with the actual controller being the People's Government of Beicai Town, Pudong New District, Shanghai [4] - Chairman Zhang Chaohui has served since January 2011, while General Manager Wang Youzhao has been in position since April 2020, with a slight decrease in Wang's salary for 2024 to 2.0037 million yuan from 2.005 million yuan in 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 5.49% to 29,400, with an average holding of 7,431.25 circulating A-shares, which is an increase of 5.81% [5]