Ge Long Hui A P P·2025-12-23 06:29Core Viewpoint - Qingsong Co., Ltd. has shown improvements in both revenue and profit, indicating enhanced profitability and operational efficiency [1] Financial Performance - The company's non-recurring net profit margin for Q3 2025 reached 8.0%, a significant year-on-year increase of 3.5 percentage points, reflecting a notable recovery in profitability [1] - The improvement in gross margin is attributed to increased capacity utilization driven by order and revenue growth, alongside a rise in sales of high-value products [1] Cost Management - Effective cost control measures have been implemented, contributing to the overall enhancement of the company's financial performance [1] Market Position - Nosbel, a subsidiary of the company, is recognized as a leading domestic cosmetics manufacturer, benefiting from scale advantages and continuous investment in research and development [1] Future Outlook - The company is expected to gradually reach an inflection point in performance as it continues to pursue cost reduction and efficiency enhancement initiatives [1] - The current market capitalization corresponds to a price-to-earnings ratio of 26 times for 2026, with a maintained "buy" rating [1]