Joyson Electronics (600699.SH)'s gross profit broke a new high of 18.6% in 2025Q3 and grabbed 40.2 billion yuan of new orders in a single quarter

The Zhitong Finance App learned that on October 29, the report for the third quarter of 2025 released by Joyson Electronics (600699.SH) showed that the company's overall gross margin increased by about 2.7 percentage points to 18.3% year-on-year in the first three quarters, a record high of nearly five years.

In terms of new business development, new business orders increased rapidly in the third quarter of 2025. The total life cycle amount of new orders received in a single quarter was about 40.2 billion yuan, and the total life cycle amount of new orders received in the first three quarters was about 71.4 billion yuan, including about 39.6 billion yuan for the automotive safety business and about 31.8 billion yuan for the automotive electronics business. In terms of customer structure, the share of orders from the company's leading independent brands and new car builders continues to rise, becoming an important driving force for order growth.

According to financial reports, Joyson Electronics' revenue for the third quarter of 2025 was 15.497 billion yuan, up 10.25% year on year; the cumulative revenue for the first three quarters was 45.844 billion yuan, up 11.45% year on year; the company finally achieved net profit attributable to shareholders of listed companies of about 1.12 billion yuan, an increase of about 19.0% year on year. Among them, the third quarter achieved net profit attributable to shareholders of listed companies of about 410 million yuan in a single quarter, an increase of about 35.4% year on year and 12.4% month-on-month, and the profit level continued to maintain a rapid growth trend.