Joyoung(SZ:002242) Xin Lang Cai Jing·2025-09-23 02:41Core Viewpoint - Jiuyang Co., Ltd. has experienced a decline in stock price and financial performance, indicating potential challenges in the kitchen small appliance market [1][2]. Financial Performance - As of June 30, 2025, Jiuyang reported a revenue of 3.987 billion yuan, a year-on-year decrease of 9.11% [2]. - The net profit attributable to shareholders was 123 million yuan, down 30.02% compared to the previous year [2]. - Year-to-date, Jiuyang's stock price has dropped by 8.82%, with a 3.82% decline over the last five trading days and a 10.65% drop over the last 20 days [1]. Shareholder Information - As of June 30, 2025, the number of Jiuyang shareholders was 41,400, a decrease of 5.22% from the previous period [2]. - The average circulating shares per shareholder increased by 5.50% to 18,510 shares [2]. - The company has distributed a total of 8.39 billion yuan in dividends over the past three years [3]. Stockholder Composition - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 4.6641 million shares, a decrease of 502,900 shares [3]. - Southern CSI 1000 ETF increased its holdings by 517,200 shares to 2.8228 million shares [3]. - Guangfa Pension Index A is a new entrant among the top ten shareholders, holding 1.8064 million shares [3]. Business Overview - Jiuyang specializes in the research, production, and sales of kitchen small appliances, with main revenue sources being nutrition cookers (39.65%), food processors (36.67%), Western-style appliances (18.28%), cookware (3.69%), and other products (1.72%) [1].