新经典股价上涨5.18%，前三季度净利润同比下降46.59%

Stock Performance - The stock price of New Classics increased by 5.18% on February 10, 2026, closing at 20.51 CNY per share, with a total market capitalization of approximately 3.163 billion CNY. The trading volume for the day was 66.5628 million CNY, with a turnover rate of 2.15% [2]. Financial Performance - The company's Q3 2025 report indicates that revenue for the first three quarters was 475 million CNY, a year-on-year decrease of 25.65%. The net profit attributable to shareholders was 67.794 million CNY, down 46.59% year-on-year. In Q3 alone, revenue was 160 million CNY, a decline of 13.74% year-on-year, with a net profit of 20.9177 million CNY, down 41.73% year-on-year. Additionally, in Q1 2025, revenue decreased by 33.12% year-on-year, and net profit fell by 49.53% year-on-year [3]. Institutional Holdings - As of Q3 2025, Jiashi Fund's Jiashi New Consumption Stock A held 1.6651 million shares of New Classics, accounting for 1.08% of the circulating shares. Additionally, the招商 Fund's 招商优质成长混合 (LOF) held 771,300 shares, representing 0.5% of the circulating shares [4]. Financial Condition - The Q3 2025 report shows that accounts receivable accounted for a high proportion of net profit, reaching 102.87%, indicating a need to monitor the accounts receivable situation. Analysts generally expect the company's total performance for 2025 to be around 110 million CNY [5].