SEWPG(SH:688660) Xin Lang Cai Jing·2025-10-31 13:26Core Viewpoint - The company Electric Wind Power, a leading player in the domestic offshore wind power equipment sector, is facing challenges in revenue and profitability, ranking last in its industry for both metrics as of Q3 2025 [2][3]. Group 1: Company Overview - Electric Wind Power was established on September 7, 2006, and went public on May 19, 2021, on the Shanghai Stock Exchange, with its headquarters in Shanghai [1]. - The company specializes in the design, research and development, manufacturing, and sales of wind power generation equipment, as well as providing aftermarket services [1]. Group 2: Financial Performance - For Q3 2025, Electric Wind Power reported revenue of 4.262 billion yuan, ranking 5th in the industry, significantly lower than the industry leader, Goldwind Technology, which had revenue of 48.147 billion yuan [2]. - The company's net profit for the same period was -737 million yuan, also ranking 5th, while the industry average net profit was 649 million yuan [2]. Group 3: Financial Ratios - As of Q3 2025, Electric Wind Power's debt-to-asset ratio was 87.03%, an increase from 79.88% in the previous year and above the industry average of 77.39% [3]. - The company's gross profit margin was 8.64%, down from 17.08% year-on-year and below the industry average of 10.33% [3]. Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 38.54% to 41,400, while the average number of circulating A-shares held per shareholder decreased by 27.82% to 32,200 [5]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited was the third-largest, holding 11.7149 million shares, a decrease of 413,100 shares from the previous period [5].