THTF(SH:600100) Xin Lang Cai Jing·2025-09-09 04:17Core Viewpoint - Tongfang Co., Ltd. has experienced a decline in stock price and significant net outflow of funds, indicating potential challenges in the market despite a year-to-date increase in stock price [1][2]. Company Overview - Tongfang Co., Ltd. is located in Haidian District, Beijing, and was established on June 25, 1997, with its listing date on June 27, 1997. The company operates in eleven major sectors, including computer technology, digital cities, IoT, microelectronics, multimedia, semiconductors, military, digital television, energy conservation, and security systems [1]. - The main revenue composition of the company is as follows: nuclear technology applications (37.95%), smart energy (31.79%), digital information (23.42%), other businesses (5.63%), headquarters investment and technology park (1.78%), and other business income (0.66%) [1]. Financial Performance - As of June 30, 2025, Tongfang Co., Ltd. reported a revenue of 5.667 billion yuan, a year-on-year decrease of 10.09%. The net profit attributable to shareholders was -256 million yuan, reflecting a significant year-on-year decrease of 1008.99% [2]. - The company has cumulatively distributed 2.985 billion yuan in dividends since its A-share listing, with no dividends distributed in the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 10.70% to 213,100, while the average circulating shares per person increased by 11.98% to 15,724 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 26.9733 million shares, and several ETFs, indicating a diversified institutional holding [3].