Core Viewpoint - The stock of Weihong Co., Ltd. has shown a significant increase in price and trading activity, indicating positive market sentiment despite some fluctuations in net profit [1][2]. Company Performance - As of October 31, Weihong's stock price rose by 2.04% to 33.98 CNY per share, with a total market capitalization of 3.697 billion CNY [1]. - Year-to-date, the stock price has increased by 26.48%, with a 6.25% rise over the last five trading days and a 14.49% increase over the last 20 days [1]. - For the period from January to September 2025, the company reported a revenue of 398 million CNY, reflecting a year-on-year growth of 15.28%, while the net profit attributable to shareholders decreased by 10.07% to 74.71 million CNY [2]. Shareholder Information - As of September 30, the number of shareholders decreased by 9.11% to 13,500, while the average number of tradable shares per shareholder increased by 11.02% to 6,046 shares [2]. Business Overview - Weihong Co., Ltd. specializes in the research, development, production, and sales of industrial motion control systems, servo drive systems, and industrial IoT [1]. - The revenue composition of the company includes: integrated machines (59.28%), control cards (28.32%), drivers (11.90%), and others (0.50%) [1]. Dividend Information - Since its A-share listing, Weihong has distributed a total of 91.949 million CNY in dividends, with 38.618 million CNY distributed over the last three years [3].

Core Insights - The company reported a revenue of 398 million yuan for the first three quarters of 2025, representing a year-on-year increase of 15.28% [1] - The net profit attributable to shareholders was 74.71 million yuan, showing a year-on-year decline of 10.07% [1] - The basic earnings per share stood at 0.68 yuan [2] Financial Performance - The gross profit margin for the first three quarters was 54.47%, down 6.24 percentage points year-on-year [2] - The net profit margin was 18.79%, a decrease of 5.21 percentage points compared to the same period last year [2] - In Q3 2025, the gross profit margin was 54.79%, a year-on-year decline of 5.69 percentage points but a slight quarter-on-quarter increase of 0.04 percentage points [2] - The net profit margin for Q3 was 33.00%, down 5.86 percentage points year-on-year but up 21.63 percentage points from the previous quarter [2] Expense Analysis - Total operating expenses for the period were 170 million yuan, an increase of 2.35 million yuan year-on-year [2] - The expense ratio was 42.77%, a decrease of 5.86 percentage points compared to the same period last year [2] - Sales expenses increased by 1.00%, management expenses rose by 4.64%, while R&D expenses decreased by 1.29% and financial expenses surged by 555.80% [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 13,500, a decrease of 1,356 or 9.11% from the end of the previous half [2] - The average market value per shareholder increased from 205,800 yuan to 233,800 yuan, reflecting a growth of 13.57% [2] Company Overview - Shanghai Weihong Electronic Technology Co., Ltd. was established on June 4, 2007, and went public on April 19, 2016 [3] - The company specializes in the research, development, production, and sales of industrial motion control systems, servo drive systems, and industrial IoT [3] - The revenue composition includes 59.28% from integrated machines, 28.32% from control cards, 11.90% from drivers, and 0.50% from other sources [3] - The company is classified under the computer equipment industry and is involved in various concept sectors including small-cap stocks, domestic software, new industrialization, industrial mother machines, and servo systems [3]