SACA(SZ:300464) Xin Lang Cai Jing·2025-08-05 07:41Core Viewpoint - The company, Guangdong Xinghui Precision Manufacturing Co., Ltd., is benefiting from its cross-border e-commerce business and the depreciation of the RMB, with a significant portion of its revenue coming from overseas sales [3]. Group 1: Company Overview - Guangdong Xinghui Precision Manufacturing Co., Ltd. was established on November 11, 1994, and listed on June 10, 2015. The company specializes in the research, production, and sales of precision metal components such as slides and hinges, with a focus on cross-border e-commerce [7]. - The company's main business revenue composition includes: slides (55.24%), smart small appliances (15.69%), hinges (7.71%), power supplies (7.54%), computer and mobile peripherals (3.54%), and others [7]. - As of March 31, the number of shareholders is 25,100, a decrease of 13.57% from the previous period, with an average of 14,152 circulating shares per person, an increase of 27.50% [7]. Group 2: Financial Performance - In the first quarter of 2025, the company achieved operating revenue of 335 million yuan, a year-on-year decrease of 8.65%, and a net profit attributable to the parent company of -2.84 million yuan, a year-on-year decrease of 161.13% [7]. - The company has distributed a total of 71.16 million yuan in dividends since its A-share listing, with no dividends distributed in the past three years [8]. Group 3: Market Activity - On August 5, the company's stock rose by 0.72%, with a trading volume of 61.45 million yuan and a turnover rate of 3.09%, bringing the total market capitalization to 2.573 billion yuan [1]. - The company's cross-border e-commerce segment includes small household appliances such as aroma machines, coffee machines, air fryers, and milk frothers, primarily sold overseas [2]. - The company reported that its audio products, under the brand TaoTronics, achieved annual sales of tens of millions of dollars, with TWS technology widely applied in its Bluetooth earphone products [2].