Milkground(SH:600882) Xin Lang Cai Jing·2025-10-09 01:58Core Viewpoint - The stock price of Miaokelan Duo has experienced fluctuations, with a recent decline of 2.01% and a year-to-date increase of 33.46%, indicating volatility in the market performance of the company [1][2]. Company Overview - Miaokelan Duo, established on November 29, 1988, and listed on December 6, 1995, is located in Shanghai and specializes in the research, production, and sales of dairy products, primarily cheese [2]. - The company's revenue composition is as follows: cheese accounts for 83.20%, trade for 8.94%, liquid milk for 7.29%, and other products for 0.57% [2]. Financial Performance - For the first half of 2025, Miaokelan Duo reported a revenue of 2.567 billion yuan, representing a year-on-year growth of 33.52%, and a net profit attributable to shareholders of 133 million yuan, reflecting a 73.19% increase compared to the previous year [2]. - The company has cumulatively distributed 368 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Miaokelan Duo was 34,300, a decrease of 23.14% from the previous period, while the average circulating shares per person increased by 30.11% to 14,909 shares [2]. - Notably, Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [3]. Market Activity - On October 9, the stock price was reported at 23.89 yuan per share, with a trading volume of 29.285 million yuan and a turnover rate of 0.24%, indicating low liquidity [1]. - The net outflow of main funds was 4.6493 million yuan, with significant selling pressure observed in large orders [1].