Shede Spirits (SH:600702) Xin Lang Cai Jing·2025-09-18 03:38Core Viewpoint - Shede Liquor's stock price has experienced fluctuations, with a recent decline of 2.01% and a total market capitalization of 21.706 billion yuan, indicating a challenging market environment for the company [1]. Financial Performance - For the first half of 2025, Shede Liquor reported a revenue of 2.701 billion yuan, a year-on-year decrease of 17.41%, and a net profit attributable to shareholders of 443 million yuan, down 24.98% compared to the previous year [2]. - The company has cumulatively distributed 2.29 billion yuan in dividends since its A-share listing, with 1.353 billion yuan distributed over the last three years [3]. Stock Market Activity - As of September 18, 2023, Shede Liquor's stock price was 65.23 yuan per share, with a trading volume of 395 million yuan and a turnover rate of 1.80% [1]. - The stock has seen a year-to-date decline of 0.42%, a 4.44% drop over the last five trading days, a 10.00% increase over the last 20 days, and a 31.27% increase over the last 60 days [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders for Shede Liquor was 129,700, a decrease of 0.72% from the previous period, with an average of 2,564 circulating shares per shareholder, which increased by 0.72% [2]. - The second-largest circulating shareholder is the China Securities White Liquor Index A, holding 16.4538 million shares, while the Hong Kong Central Clearing Limited has reduced its holdings by 969,300 shares [3].