Better Life(SZ:002251) Xin Lang Cai Jing·2025-10-21 02:47Core Viewpoint - The stock of Bubugao has shown significant volatility, with a year-to-date increase of 46.08%, but recent declines in the short term raise questions about its future performance [1][2]. Group 1: Stock Performance - As of October 21, Bubugao's stock price rose by 2.12% to 5.77 CNY per share, with a trading volume of 369 million CNY and a turnover rate of 3.03% [1]. - The stock has experienced a decline of 2.70% over the last five trading days and 14.77% over the last 20 days, while it has increased by 18.24% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" 10 times this year, with the most recent appearance on September 9, where it recorded a net buy of -51.15 million CNY [1]. Group 2: Financial Performance - For the first half of 2025, Bubugao reported a revenue of 2.133 billion CNY, representing a year-on-year growth of 24.39%, and a net profit attributable to shareholders of 201 million CNY, which is a significant increase of 357.71% [2]. - The company has cumulatively distributed 1.677 billion CNY in dividends since its A-share listing, with no dividends distributed in the last three years [3]. Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders of Bubugao increased by 96.50% to 88,500, while the average circulating shares per person decreased by 49.11% to 17,105 shares [2]. - Hong Kong Central Clearing Limited is the tenth largest circulating shareholder, holding 10.5068 million shares as a new shareholder [3]. Group 4: Business Overview - Bubugao operates primarily in the retail sector, with its main business segments being supermarkets (64.34%), other (27.44%), department stores (6.01%), and logistics and advertising (2.21%) [1]. - The company is categorized under the general retail sector, specifically in supermarkets, and is associated with concepts such as prepared dishes, community group buying, new retail, duty-free concepts, and low-price strategies [2].