BIEM(SZ:002832) Sou Hu Cai Jing·2025-11-02 20:39Core Viewpoint - The financial performance of Biyinlefen (002832) shows mixed results for the third quarter of 2025, with revenue growth but a significant decline in net profit, indicating potential challenges ahead for the company [3][4]. Trading Information - On October 31, 2025, Biyinlefen's stock closed at 15.98 yuan, up 1.4%, with a turnover rate of 2.09% and a trading volume of 81,500 shares, amounting to a transaction value of 130 million yuan [1]. - The net outflow of main funds was 13.16 million yuan, while retail investors saw a net inflow of 10.04 million yuan [1]. Shareholder Changes - As of September 30, 2025, the number of shareholders decreased to 36,400, a reduction of 1,623 or 4.26% from June 30, 2025. The average number of shares held per shareholder increased from 15,000 to 15,700, with an average market value of 247,900 yuan [2][4]. Financial Performance - For the first three quarters of 2025, Biyinlefen reported a main revenue of 3.201 billion yuan, a year-on-year increase of 6.71%. However, the net profit attributable to shareholders decreased by 18.7% to 620 million yuan, and the net profit excluding non-recurring items fell by 21.36% to 578 million yuan [3][4][5]. - In Q3 2025 alone, the company achieved a revenue of 1.098 billion yuan, up 3.23% year-on-year, but the net profit dropped by 27.42% to 205 million yuan [3][4]. Key Financial Metrics - The company's debt ratio stands at 25.64%, with investment income of 15.89 million yuan and financial expenses of 770,000 yuan. The gross profit margin is reported at 75.63% [3][4]. - Total assets at the end of the reporting period were approximately 7.356 billion yuan, reflecting a 2.14% increase from the previous year, while equity attributable to shareholders rose by 7.66% to 5.469 billion yuan [5][7]. Shareholder Information - The top ten shareholders include Xie Bingzheng, holding 37.88% of shares, followed by Feng Lingling with 3.44%. The majority of shares held by the top shareholders are subject to trading restrictions [9][10].