LHM(SZ:002535) Xin Lang Cai Jing·2025-10-31 17:54Core Viewpoint - Linzhou Heavy Machinery is a significant player in the domestic coal mining machinery sector, focusing on coal and oil gas-related businesses, with strong R&D capabilities [1] Group 1: Business Overview - Established on May 8, 2002, and listed on the Shenzhen Stock Exchange on January 11, 2011, Linzhou Heavy Machinery is based in Linzhou, Henan Province [1] - The company’s main business includes coal mining machinery, coal mine construction, oil and gas energy technology services, and high-end intelligent equipment [1] Group 2: Financial Performance - For Q3 2025, Linzhou Heavy Machinery reported revenue of 1.17 billion, ranking 25th among 58 companies in the industry, while the industry leader, Zhongchuang Zhiling, achieved revenue of 30.745 billion [2] - The net profit for the same period was 71.65 million, placing the company 31st in the industry, with the top performer, Zhongchuang Zhiling, reporting a net profit of 3.705 billion [2] Group 3: Financial Ratios - As of Q3 2025, the company's debt-to-asset ratio was 82.59%, higher than the industry average of 46.18%, but down from 84.43% in the same period last year [3] - The gross profit margin for Q3 2025 was 21.14%, below the industry average of 26.77%, and decreased from 31.26% in the previous year [3] Group 4: Executive Compensation - The chairman, Han Luyun, received a salary of 360,000 for 2024, an increase of 20,000 from 2023 [4] - The general manager, Guo Chuan, also received a salary of 360,000 for 2024, which is an increase of 120,000 from the previous year [4] Group 5: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 9.79% to 56,400, while the average number of circulating A-shares held per account decreased by 8.92% to 13,200 [5]