FULING POWER(SH:600452) Xin Lang Cai Jing·2025-09-12 03:21Core Viewpoint - Fuling Power's stock has experienced fluctuations, with a recent decline of 2.03% and a year-to-date drop of 3.56%, indicating potential challenges in the market [1][2]. Company Overview - Fuling Power, established on December 29, 1999, and listed on March 3, 2004, is located in Fuling District, Chongqing. The company primarily engages in electricity supply and energy-saving services, with revenue composition of 63.74% from electricity sales and installation, and 36.18% from energy-saving services [1]. Financial Performance - For the first half of 2025, Fuling Power reported a revenue of 1.416 billion yuan, a year-on-year decrease of 3.86%, and a net profit attributable to shareholders of 167 million yuan, down 14.95% compared to the previous year [2]. - Cumulatively, the company has distributed 1.102 billion yuan in dividends since its A-share listing, with 485 million yuan distributed over the last three years [3]. Shareholder Information - As of June 30, 2025, Fuling Power had 46,500 shareholders, an increase of 37.40% from the previous period, with an average of 33,014 circulating shares per shareholder, a decrease of 27.22% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 11.6681 million shares, a reduction of 3.5288 million shares from the previous period, and Southern CSI 1000 ETF, a new entrant holding 8.5287 million shares [3]. Market Activity - On September 12, Fuling Power's stock price was 10.16 yuan per share, with a trading volume of 168 million yuan and a turnover rate of 1.07%. The total market capitalization stood at 15.611 billion yuan [1]. - The stock has shown mixed performance over various time frames, with a 0.59% increase over the last five trading days, a 16.86% decrease over the last 20 days, and a 10.55% increase over the last 60 days [1]. Industry Context - Fuling Power operates within the public utility sector, specifically in electricity and comprehensive energy services, and is associated with concepts such as state-owned enterprise reform, western development, energy conservation, mid-cap stocks, and the electricity IoT [1].