Core Viewpoint - The company, Zhejiang Wande Kai Fluid Equipment Technology Co., Ltd., is experiencing a decline in revenue and net profit, while benefiting from the depreciation of the RMB and being recognized as a "specialized, refined, distinctive, and innovative" enterprise [2][3][7]. Company Overview - Zhejiang Wande Kai is located in Donggang Village, Longxi Town, Yuhuan City, Zhejiang Province, and was established on October 31, 2016, with its listing date on September 19, 2022 [7]. - The company's main business includes the design, development, production, and sales of plumbing equipment, valves, pipe fittings, building metal accessories, smart home products, and energy-saving control systems [3][7]. - The revenue composition is as follows: valves 57.70%, pipe fittings 40.79%, and other products 1.51% [7]. Financial Performance - For the first half of 2025, the company achieved operating revenue of 414 million yuan, a year-on-year decrease of 7.29%, and a net profit attributable to shareholders of 60.28 million yuan, down 16.92% year-on-year [7]. - As of June 30, the number of shareholders was 11,000, an increase of 1.65% from the previous period, with an average of 2,280 circulating shares per person, a decrease of 1.62% [7]. Market Position and Recognition - The company has been included in the national list of "specialized, refined, distinctive, and innovative" small giant enterprises, which is a prestigious title for small and medium-sized enterprises in China [2][3]. - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 82.39% of total revenue [3]. Trading and Technical Analysis - The stock price of Wande Kai has seen a recent decline, with a trading volume of 23.0464 million yuan and a turnover rate of 3.05%, leading to a total market capitalization of 3.004 billion yuan [1]. - The average trading cost of the stock is 30.83 yuan, with a current support level at 29.57 yuan, indicating potential for a rebound if this support holds [6].
万得凯跌0.36%，成交额2304.64万元，近3日主力净流入-742.38万