Star-net(SZ:002396) Xin Lang Cai Jing·2025-09-25 01:28Core Viewpoint - The stock of StarNet RuiJie has shown fluctuations in trading volume and financing activities, indicating a mixed sentiment among investors and potential growth in revenue and profit margins [1][2]. Financing Activities - On September 24, StarNet RuiJie experienced a financing buy-in amount of 37.43 million yuan, with a net financing buy of -12.10 million yuan, indicating more selling than buying [1]. - The total financing and securities balance as of September 24 is 447 million yuan, which is 2.46% of the circulating market value, suggesting a low financing level compared to the past year [1]. - The company had a securities lending balance of 2.55 million yuan, with a lending volume of 82,100 shares, which is above the 80th percentile of the past year, indicating a high level of short selling [1]. Financial Performance - For the first half of 2025, StarNet RuiJie reported a revenue of 8.886 billion yuan, representing a year-on-year growth of 21.76%, and a net profit attributable to shareholders of 212 million yuan, which is a 69.32% increase year-on-year [2]. - Cumulatively, the company has distributed 1.145 billion yuan in dividends since its A-share listing, with 353 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders for StarNet RuiJie decreased by 12.03% to 53,800, while the average circulating shares per person increased by 13.67% to 10,842 shares [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 45.61 million shares, an increase of 8.06 million shares from the previous period [3]. - New institutional shareholders include E Fund Strategic Emerging Industries Stock A and E Fund Kexin Mixed, indicating growing institutional interest in the company [3].