YSS(SZ:300377) Xin Lang Zheng Quan·2025-10-31 23:23Core Insights - The company, Winshang, established in September 2001 and listed on the Shenzhen Stock Exchange in January 2014, is a leading provider of information technology solutions for asset management and custody services in the financial sector [1] Financial Performance - For Q3 2025, Winshang reported revenue of 937 million yuan, ranking 28th out of 102 in the industry, significantly lower than the top competitor, Shanghai Steel Union, which had revenue of 57.318 billion yuan [2] - The net profit for the same period was -46.877 million yuan, placing the company 68th in the industry, far behind the leading firms [2] Financial Ratios - As of Q3 2025, Winshang's debt-to-asset ratio was 7.96%, lower than the previous year's 8.29% and well below the industry average of 31.94%, indicating strong solvency and low financial risk [3] - The gross profit margin for Q3 2025 was 42.96%, slightly down from 44.23% year-on-year but still above the industry average of 41.71%, reflecting good profitability [3] Executive Compensation - The chairman, Tang Qiu, received a salary of 2.04 million yuan in 2024, an increase of 40,000 yuan from the previous year [4] - The general manager, Li Yuefeng, saw a decrease in salary from 1.98 million yuan in 2023 to 1.96 million yuan in 2024 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 13.60% to 112,400, while the average number of shares held per shareholder increased by 15.74% to 5,884.61 [5] - The top circulating shareholder, Huabao Zhongzheng Financial Technology Theme ETF, increased its holdings by 4.6871 million shares to 9.7778 million shares [5]