电子行业三季报：超七成公司盈利源杰科技、寒武纪等扭亏为盈

Core Insights - The A-share electronic industry achieved a total revenue of 29,542.16 billion yuan in the first three quarters of 2025, representing a year-on-year growth of 17.5% [1] - The net profit attributable to shareholders reached 1,462.02 billion yuan, with a year-on-year increase of 33.11% [1] - Over 70% of electronic companies reported revenue growth, with significant contributions from Industrial Fulian, Luxshare Precision, and BOE Technology [1][2] Revenue and Profit Analysis - Industrial Fulian, Luxshare Precision, and BOE Technology ranked highest in revenue, with figures of 6,039.31 billion yuan, 2,209.15 billion yuan, and 1,545.48 billion yuan respectively [1] - TCL Technology and Huaqin Technology also exceeded 100 billion yuan in revenue during the same period [1] - More than 60% of electronic companies saw a year-on-year increase in net profit, with notable performances from Jingrui Materials and Shuo Beid [2] Margin Insights - The average gross margin for A-share electronic companies was 25.68%, reflecting a decrease of 0.3 percentage points year-on-year [2] - Companies like Xindong Link and Zhenlei Technology reported gross margins exceeding 80%, while some companies faced negative margins [2] - Companies such as Helitai and Yuanjie Technology experienced significant year-on-year increases in gross margin [2] Company Highlights - Yuanjie Technology reported a revenue of 3.83 billion yuan, marking a year-on-year growth of 115.09%, and achieved a net profit of 1.06 billion yuan, indicating a turnaround from losses [3] - The growth in Yuanjie Technology's performance was primarily driven by the increasing demand for CW silicon optical source products in the data center market [3]