每周股票复盘：上海汽配（603107）Q3营收5.8亿净利增59.66%

Core Viewpoint - Shanghai Automotive Air Conditioning Parts Co., Ltd. reported a significant increase in revenue and net profit for Q3 2025, indicating strong operational performance and strategic growth initiatives [1][3]. Company Announcement Summary - The company held a Q3 2025 earnings briefing on November 14, 2025, addressing investor concerns regarding operations, finance, and strategy [1]. - For Q3 2025, the company achieved a revenue of 580 million yuan, representing a year-on-year growth of 12.11% [1][3]. - The net profit attributable to shareholders was 51.59 million yuan, showing a substantial year-on-year increase of 59.66% [1][3]. - The profit growth was primarily attributed to increased revenue and changes in financial expenses due to exchange rate fluctuations [1][3]. - The company is actively pursuing international expansion, including the construction of a factory in Morocco and the development of a new vehicle-mounted refrigerator business [1][3]. - In response to concerns about high accounts receivable and rising R&D expenses, the company stated that cash flow remains normal and R&D efforts are aligned with market demand [1][3].