SHANXI SECURITIES(SZ:002500) Xin Lang Cai Jing·2025-10-09 01:31Core Viewpoint - Shanxi Securities experienced a decline of 0.77% in stock price on September 30, with a trading volume of 191 million yuan, indicating a challenging market environment for the company [1] Financing Summary - On September 30, Shanxi Securities had a financing buy-in amount of 26.72 million yuan and a financing repayment of 39.78 million yuan, resulting in a net financing outflow of 13.06 million yuan [1] - The total financing and securities lending balance reached 1.203 billion yuan, with the financing balance of 1.199 billion yuan accounting for 5.16% of the circulating market value, which is above the 50th percentile level over the past year, indicating a relatively high level [1] - The company had no shares repaid in securities lending on September 30, with 16,600 shares sold, amounting to 107,400 yuan at the closing price, and a securities lending balance of 4.33 million yuan, exceeding the 80th percentile level over the past year [1] Business Overview - Shanxi Securities, established on July 28, 1988, and listed on November 15, 2010, is based in Taiyuan, Shanxi Province, and engages in various securities-related businesses including brokerage, proprietary trading, asset management, and financial advisory [2] - The revenue composition of the company includes fixed income business (37.32%), securities brokerage (29.65%), entrusted asset management (12.08%), commodity trading and risk management (8.42%), futures brokerage (5.46%), investment banking (5.37%), and other proprietary investments (1.43%) [2] - As of September 19, the number of shareholders was 109,600, a decrease of 0.47%, while the average circulating shares per person increased by 0.47% to 32,766 shares [2] - For the first half of 2025, Shanxi Securities reported zero operating revenue but a net profit attributable to shareholders of 524 million yuan, reflecting a year-on-year growth of 64.47% [2] Dividend Information - Since its A-share listing, Shanxi Securities has distributed a total of 4.393 billion yuan in dividends, with 1.149 billion yuan distributed over the past three years [3] Institutional Holdings - As of June 30, 2025, Hong Kong Central Clearing Limited was the fourth largest circulating shareholder, holding 85.6819 million shares, an increase of 23.403 million shares from the previous period [3] - The Guotai CSI All-Index Securities Company ETF (512880) was the seventh largest circulating shareholder, holding 33.2453 million shares, a decrease of 3.4339 million shares from the previous period [3] - The Southern CSI 500 ETF (510500) was the eighth largest circulating shareholder, holding 32.1554 million shares, an increase of 4.4784 million shares from the previous period [3] - The Huabao CSI All-Index Securities Company ETF (512000) was the ninth largest circulating shareholder, holding 25.7553 million shares, a decrease of 4.5106 million shares from the previous period [3]