3PEAK(SH:688536) Xin Lang Cai Jing·2025-10-31 12:44Core Viewpoint - SIRUI Technology, a leading domestic analog chip manufacturer, has shown significant growth in revenue and profitability, driven by demand in various sectors such as industrial, automotive, and communication markets [2][6][7]. Group 1: Company Overview - SIRUI Technology was established on April 23, 2012, and went public on September 21, 2020, on the Shanghai Stock Exchange, with its registered office in Suzhou and operational headquarters in Shanghai [1]. - The company specializes in the research and sales of analog integrated circuit products and has a strong technological foundation [1]. Group 2: Financial Performance - For Q3 2025, SIRUI reported a revenue of 1.531 billion yuan, ranking 11th among 34 companies in the industry, with the industry leader, Holitech, achieving 3.521 billion yuan [2]. - The net profit for the same period was 126 million yuan, placing the company 8th in the industry, while the top performer, Holitech, reported a net profit of 677 million yuan [2]. - The company's asset-liability ratio stood at 13.72%, lower than the industry average of 16.92%, indicating strong solvency [3]. - The gross profit margin was 46.46%, above the industry average of 36.44%, reflecting a competitive advantage in profitability [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 57.25% to 18,100, while the average number of shares held per shareholder decreased by 36.41% to 7,321.19 shares [5]. - Notable changes among the top ten shareholders include a decrease in holdings by major funds, with new entries such as Hong Kong Central Clearing Limited [5]. Group 4: Market Insights and Future Outlook - SIRUI's revenue has shown a continuous quarter-on-quarter growth for six consecutive quarters, attributed to the recovery in demand across various sectors and effective cost management [6][7]. - The company is focusing on product innovation and market penetration, particularly in the fields of optical modules, CPO, and servers, which have contributed to revenue growth [7]. - Analysts have adjusted revenue and net profit forecasts for 2025-2027, indicating a positive outlook for the company's financial performance [6][7].