Ningbo Joyson Electronic Corp. (600699.SH) breaks new record with gross profit reaching 18.6% in Q3 2025, securing a whopping 40.2 billion yuan in new orders for the quarter.

On October 29th, the 2025 third quarter report released by Ningbo Joyson Electronic Corp. (600699.SH) showed that the company's overall gross profit margin in the first three quarters increased by approximately 2.7 percentage points year-on-year to 18.3%, reaching a new high in nearly five years. In terms of new business expansion, the new business orders grew rapidly in the third quarter of 2025, with a total amount of approximately 40.2 billion yuan in new orders for the quarter. The total amount of new orders for the first three quarters reached approximately 71.4 billion yuan, with the automotive safety business accounting for about 39.6 billion yuan and the automotive electronics business accounting for about 31.8 billion yuan. In terms of customer structure, the proportion of orders from top self-owned brands and new forces in car manufacturing continued to increase, becoming an important driver of order growth. The financial report shows that Ningbo Joyson Electronic Corp. achieved a revenue of 15.497 billion yuan in the third quarter of 2025, a year-on-year increase of 10.25%; the cumulative revenue for the first three quarters was 45.844 billion yuan, a year-on-year increase of 11.45%; the company's net profit attributable to shareholders of the listed company was approximately 1.12 billion yuan, a year-on-year increase of about 19.0%. In the third quarter, the net profit attributable to shareholders of the listed company was approximately 410 million yuan, a year-on-year increase of about 35.4% and a quarter-on-quarter increase of about 12.4%, maintaining a rapid growth trend in profitability.