金证股份成立于1998年8月21日，于2003年12月24日在上海证券交易所上市，注册地和办公地均位于广东 省深圳市。公司是国内领先的金融科技全领域服务商，为金融行业客户提供全技术栈、全产品线解决方 案，拥有强大的技术研发和服务能力。 资产负债率低于同业平均，毛利率高于同业平均 偿债能力方面，2025年三季度金证股份资产负债率为28.76%，去年同期为34.87%，低于行业平均38.93%， 显示公司偿债压力较小。从盈利能力看，2025年三季度毛利率为36.49%，去年同期为19.17%，高于行业平 均29.96%，盈利能力有所增强。 董事长李结义薪酬167.91万元，同比减少6.46万元 董事长李结义，硕士学位，毕业于成都电子科技大学计算机专业。1989 - 1993年任职于蛇口新欣软件产业 有限公司，任经营部主任；1993 - 1998年任职于深圳市新华威科技有限公司，任副总经理；1998年创建本 公司，出任公司第一届董事会董事至今，现任公司董事长。2024年薪酬167.91万元，较2023年的174.37万 元减少6.46万元。总裁王清若，本科学历，毕业于厦门大学信息工程专业，历任公司证券软件中心项目总 ...

Investment Rating - The report maintains a "Strong Buy" investment rating for the company [3][6]. Core Insights - The company has shown significant improvement in profitability, focusing on its core business strategy, with notable breakthroughs in its Xinchuang and innovative business segments [1][6]. - The company reported a substantial decline in revenue year-on-year, primarily due to a strategic focus on financial technology and a reduction in non-financial IT business scale [6][11]. - Key products are performing well, with advancements in the wealth technology and investment technology sectors, including successful implementations of new trading systems [6][11]. Financial Data and Valuation - Total revenue for 2023 is projected at 6,221 million yuan, with a year-on-year decline of 4% [2][11]. - The company expects a net profit attributable to shareholders of 369 million yuan in 2023, reflecting a 37% year-on-year increase [2][11]. - The earnings per share (EPS) for 2023 is estimated at 0.39 yuan, with a projected PE ratio of 43.9 [2][12]. Business Performance - The company achieved a total revenue of 1.771 billion yuan in the first three quarters of 2025, with a year-on-year decline of 49.08% [6][11]. - The financial sector maintained stable performance, generating 1.314 billion yuan in revenue, a slight decrease of 7.14% year-on-year [6][11]. - The company has successfully controlled costs, leading to a significant reduction in losses and improved profitability [6][11]. Future Projections - The company anticipates net profits of 1.03 billion yuan, 2.34 billion yuan, and 2.97 billion yuan for the years 2025, 2026, and 2027, respectively [6][11]. - The report highlights a positive outlook for the company's core products, driven by increased market activity and advancements in AI technology [6][11].