CCS(SH:600180) Xin Lang Zheng Quan·2025-10-31 13:56Core Viewpoint - Rui Mei Tong is a leading domestic commodity supply chain service provider, primarily engaged in coal supply chain operations and financial services, with a comprehensive service capability across the entire industry chain [1] Group 1: Business Performance - In Q3 2025, Rui Mei Tong reported revenue of 16.014 billion yuan, ranking 7th in the industry, while the industry leader, Jianfa Co., achieved 498.983 billion yuan [2] - The company's net profit for the same period was 77.9802 million yuan, placing it 8th in the industry, with the top performer, Wuchan Zhongda, reporting 4.512 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Rui Mei Tong's debt-to-asset ratio was 74.29%, down from 77.33% year-on-year, exceeding the industry average of 67.16% [3] - The gross profit margin for Q3 2025 was 3.66%, a decrease from 4.08% year-on-year, and below the industry average of 5.58% [3] Group 3: Management and Shareholder Information - The general manager, Hu Lei, born in 1992, saw a salary reduction in 2024 to 1.8282 million yuan from 3.301 million yuan in 2023, a decrease of 1.4728 million yuan [4] - As of September 30, 2025, the number of A-share shareholders decreased by 15.55% to 29,000, while the average number of circulating A-shares held per account increased by 18.41% to 37,500 [5]