West Construction(SZ:002302) Xin Lang Cai Jing·2025-09-18 01:25Summary of Key Points Core Viewpoint - The financial performance and trading activity of Xibu Construction indicate a decline in revenue and profit, alongside notable changes in financing and stockholder dynamics [2][3]. Group 1: Financial Performance - For the first half of 2025, Xibu Construction reported operating revenue of 9.02 billion yuan, a year-on-year decrease of 8.85% [2]. - The net profit attributable to the parent company was -962.75 million yuan, reflecting a year-on-year decline of 181.04 million yuan [2]. Group 2: Trading Activity - On September 17, Xibu Construction's stock price fell by 0.15%, with a trading volume of 83.83 million yuan [1]. - The financing buy-in amount for the day was 8.92 million yuan, while the financing repayment was 6.14 million yuan, resulting in a net financing buy-in of 2.77 million yuan [1]. - The total balance of margin trading for Xibu Construction reached 197 million yuan, with the financing balance accounting for 2.28% of the circulating market value, which is below the 10th percentile level over the past year [1]. Group 3: Shareholder Dynamics - As of September 10, the number of shareholders for Xibu Construction was 74,100, a decrease of 3.08% from the previous period [2]. - The average circulating shares per person increased by 3.18% to 17,035 shares [2]. - As of June 30, 2025, Hong Kong Central Clearing Limited was the seventh largest circulating shareholder, holding 10.49 million shares, an increase of 3.63 million shares from the previous period [3]. Group 4: Dividend Distribution - Since its A-share listing, Xibu Construction has distributed a total of 1.24 billion yuan in dividends, with 423 million yuan distributed over the past three years [3].