KASUN(SZ:002418) Xin Lang Zheng Quan·2025-10-31 14:25Company Overview - Company was established on November 26, 2002, and listed on the Shenzhen Stock Exchange on June 1, 2010, with its registered and office address in Chun'an County, Zhejiang Province [1] - It is a significant player in the refrigeration pipeline and new energy vehicle components sectors, possessing advantages in refrigeration pipeline technology and R&D of new energy vehicle components [1] - Main business includes R&D, production, and sales of refrigeration pipelines and accessories, core components of new energy vehicles, and financing leasing [1] Financial Performance - For Q3 2025, the company's revenue was 1.934 billion yuan, ranking 10th out of 34 in the industry, lower than the top two competitors, Sanhua Intelligent Controls (24.029 billion yuan) and Haier (16.489 billion yuan), but above the industry median of 1.329 billion yuan and below the average of 3.025 billion yuan [2] - Net profit for the same period was 8.1078 million yuan, ranking 32nd out of 34, significantly lower than the top two competitors, Sanhua Intelligent Controls (3.289 billion yuan) and Shield Environment (758 million yuan), and below both the industry average of 220 million yuan and median of 76.2174 million yuan [2] Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 50.05%, an increase from 37.73% in the previous year and above the industry average of 41.84% [3] - The gross profit margin for Q3 2025 was 9.23%, an increase from 8.80% year-on-year, but still below the industry average of 18.50% [3] Executive Compensation - The chairman and general manager, Wang Yajun, received a salary of 1.7725 million yuan in 2024, a decrease of 276,700 yuan from 2023 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 3.01% to 90,300, while the average number of circulating A-shares held per account decreased by 2.92% to 12,600 [5]