CATEC(SH:600879) Xin Lang Cai Jing·2025-10-14 02:05Core Viewpoint - Aerospace Electronic's stock has shown significant growth this year, with a 33.89% increase, reflecting strong market interest despite recent net outflows of funds [1][2]. Company Overview - Aerospace Electronic Technology Co., Ltd. was established on July 18, 1990, and listed on November 15, 1995. The company is based in Haidian District, Beijing, and primarily engages in the research, production, and sales of aerospace technology application products, including measurement and control communication, electromechanical components, integrated circuits, and inertial navigation systems [1]. - The company's revenue composition is heavily weighted towards military products, accounting for 99.34%, while civilian products contribute only 0.39% [1]. Financial Performance - For the first half of 2025, Aerospace Electronic reported a revenue of 5.822 billion yuan, a year-on-year decrease of 24.51%. The net profit attributable to shareholders was 174 million yuan, down 30.37% compared to the previous year [2]. - Cumulatively, the company has distributed 1.124 billion yuan in dividends since its A-share listing, with 514 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders increased to 154,400, a rise of 13.22%. The average number of circulating shares per person decreased by 11.67% to 21,368 shares [2]. - Notable new institutional shareholders include the Fortune China Securities Military Industry Leader ETF, holding 50.6555 million shares, and the E Fund National Defense Military Industry Mixed A, holding 48.2229 million shares [3].