PPF(SZ:300258) Xin Lang Cai Jing·2025-10-21 01:29Core Viewpoint - Jiangsu Pacific Precision Forging Technology Co., Ltd. has shown fluctuations in financing activities and a decline in revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1][2]. Financing Activities - On October 20, the company's stock rose by 0.67% with a trading volume of 170 million yuan. The financing buy-in amount was 21.20 million yuan, while the financing repayment was 23.79 million yuan, resulting in a net financing outflow of 2.60 million yuan [1]. - As of October 20, the total financing and securities balance was 461 million yuan, accounting for 5.84% of the circulating market value, which is above the 80th percentile of the past year, indicating a high level of financing [1]. - The company had no short-selling activities on October 20, with a short-selling balance of 1347 yuan, which is below the 20th percentile of the past year, indicating a low level of short-selling interest [1]. Financial Performance - For the first half of 2025, the company reported a revenue of 987 million yuan, a year-on-year decrease of 2.00%. The net profit attributable to shareholders was 60.60 million yuan, reflecting a significant year-on-year decline of 35.23% [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 624 million yuan in dividends, with 201 million yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders increased by 11.35% to 33,700, while the average circulating shares per person decreased by 6.79% to 15,351 shares [2]. - Among the top ten circulating shareholders, Yongying Advanced Manufacturing Smart Selection Mixed Fund became the second-largest shareholder with 23.14 million shares, while Qianhai Kaiyuan Jiaxin Mixed Fund entered as the ninth-largest shareholder with 2.43 million shares [3].