Jiangnan Water(SH:601199) Xin Lang Cai Jing·2025-09-10 01:57Core Viewpoint - Jiangnan Water's stock experienced a decline of 1.34% on September 9, with a trading volume of 44.25 million yuan, indicating a potential concern in market sentiment towards the company [1] Financial Performance - For the first half of 2025, Jiangnan Water reported a revenue of 606 million yuan, representing a year-on-year decrease of 5.32%, while the net profit attributable to shareholders was 164 million yuan, down 3.25% year-on-year [2] - Cumulative cash dividends since the company's A-share listing amount to 1.035 billion yuan, with 303 million yuan distributed over the past three years [3] Shareholder and Market Activity - As of June 30, 2025, the number of shareholders for Jiangnan Water was 24,700, a decrease of 1.85% from the previous period, while the average circulating shares per person increased by 1.88% to 37,855 shares [2] - On September 9, the financing buy-in for Jiangnan Water was 3.3093 million yuan, with a net financing buy of -22,100 yuan, indicating a low level of investor confidence [1] Business Operations - Jiangnan Water's main business segments include water supply (48.13%), engineering installation (34.97%), service (13.36%), sewage treatment (2.45%), and others (1.10%), showcasing a diversified revenue structure [2] - The company has a daily water supply capacity of 930,000 cubic meters and a total length of over 600 kilometers of water supply pipelines, serving over 2 million people, positioning it as a leader in the county-level water supply industry [2]