[Joyson Electronics: Net profit in the first three quarters fell 14.51% year-on-year] On October 27, Joyson Electronics (600699.SH) announced that its operating income in the third quarter was 13.796 billion yuan, a year-on-year decrease of 10.98%; the net profit attributable to shareholders of listed companies was 219 million yuan, a year-on-year decrease of 46.98%. Operating income in the first three quarters was 41.887 billion yuan, a year-on-year decrease of 8.63%; net profit attributable to shareholders of listed companies was 958 million yuan, a year-on-year decrease of 14.51%. The change in performance was mainly affected by factors such as the slowdown in demand in the global automobile market and the appreciation of the RMB, which led to a decrease in statement conversion income. At the same time, the prices of electronic components such as memory chips and other raw materials increased significantly, resulting in an increase in the company's raw material costs. Although the company responded through cost control and improved operating efficiency, it was still not enough to completely offset the impact of rising raw material prices on profits. Xiaocai Note: The company’s Q3 net profit was 219 million, and Q2 net profit was 337 million. Based on this calculation, Q3 net profit dropped 35% month-on-month.