SACA(SZ:300464) Xin Lang Cai Jing·2025-08-06 07:37Core Viewpoint - The company, Guangdong Xinghui Precision Manufacturing Co., Ltd., is benefiting from its cross-border e-commerce business, particularly in the small home appliance sector, amidst the depreciation of the RMB. Group 1: Business Overview - The company specializes in the research, production, and sales of precision metal components, including slides and hinges, with a significant portion of its revenue coming from cross-border e-commerce [7]. - As of March 31, the company's revenue composition includes 55.24% from slides, 15.69% from smart home appliances, and 7.71% from hinges, among other categories [7]. - The company reported a revenue of 3.35 billion yuan for the first quarter of 2025, a year-on-year decrease of 8.65%, with a net profit of -28.42 million yuan, a significant decline of 161.13% [7]. Group 2: Financial Performance - The company's overseas revenue accounted for 67.99% of total revenue, benefiting from the depreciation of the RMB [3]. - In the first half of 2022, the sales revenue from smart home appliances reached 240 million yuan, representing 37.14% of the company's e-commerce revenue [2]. - The company has distributed a total of 71.16 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [8]. Group 3: Market Activity - On August 6, the company's stock price increased by 0.71%, with a trading volume of 59.59 million yuan and a market capitalization of 2.591 billion yuan [1]. - The stock has shown a net inflow of 5.09 million yuan from major investors today, indicating a lack of clear trend in major investor activity [4][5]. - The average trading cost of the stock is 5.53 yuan, with the current price approaching a resistance level of 5.67 yuan, suggesting potential for upward movement if the resistance is broken [6].