Group 1 - The core viewpoint of the report indicates that the median revenue of the North Exchange consumer service industry increased year-on-year in Q3 2025, while net profit faced pressure, with new consumption and overseas enterprises performing relatively well [1][2][5] - As of October 31, 2025, all 40 companies in the North Exchange consumer service industry had released their Q3 reports, with 50% achieving positive net profit growth in the first three quarters of 2025 [2][5][19] - The median revenue for Q1-Q3 2025 was 371 million yuan (up 6.82% year-on-year), while the median net profit was 23.1 million yuan (down 9.58 year-on-year) [2][15][19] Group 2 - In Q3 2025, the median revenue was 128 million yuan (up 8.60% year-on-year), and the median net profit was 8.64 million yuan (down 9.20% year-on-year) [15][19] - The report highlights that 8 companies had both revenue and net profit growing year-on-year in Q1-Q3 2025, while 17 companies experienced both revenue and net profit growth quarter-on-quarter in Q3 2025 [19][21] - Key companies such as Kangnong Agriculture, Shisheng Intelligent, and Taihu Snow showed significant operational performance, with notable growth in prepayments and overseas business [24][25] Group 3 - The median price-to-earnings (P/E) ratio for North Exchange consumer service companies increased from 50.3X to 53.6X, with a total market capitalization rising from 116.211 billion yuan to 119.681 billion yuan [26][30] - The report indicates that the median P/E ratio for the broader consumer industry rose by 6.97% to 56.3X, with significant increases in the food and beverage sector as well [35][36] - The report also notes that the top gainers in market capitalization included companies like Longzhu Technology and Meizhigao, with respective increases of 19.28% and 15.80% [25][34]
2025Q3营收中位数同比提高，利润有所承压，新消费+出海企业整体较好：北交所消费服务产业跟踪第三十七期（20251102）
Hua Yuan Zheng Quan·2025-11-04 05:16