TONGYU(SZ:002792) Xin Lang Zheng Quan·2025-11-03 05:58Core Viewpoint - Tongyu Communication's stock price has shown a year-to-date increase of 27.70%, despite a recent decline of 1.86% over the past five trading days, indicating volatility in the market [1][2]. Financial Performance - For the period from January to September 2025, Tongyu Communication reported a revenue of 815 million yuan, representing a year-on-year decrease of 3.34%. The net profit attributable to shareholders was 25.27 million yuan, down 50.91% compared to the previous year [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 375 million yuan in dividends, with 133 million yuan distributed over the past three years [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Tongyu Communication stood at 53,800, with an average of 6,201 circulating shares per person, showing no change from the previous period [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 2.701 million shares, an increase of 609,600 shares from the previous period. Additionally, the Guotai CSI Communication Equipment ETF has entered the top ten shareholders with 1.5677 million shares [3]. Market Activity - On November 3, the stock price of Tongyu Communication rose by 2.04%, reaching 18.97 yuan per share, with a trading volume of 307 million yuan and a turnover rate of 4.95%. The total market capitalization is approximately 9.958 billion yuan [1]. - The main capital flow indicates a net outflow of 15.35 million yuan, with significant buying and selling activity from large orders [1]. Business Overview - Tongyu Communication, established on December 16, 1996, and listed on March 28, 2016, specializes in the research, production, and sales of base station antennas, microwave antennas, RF devices, optical modules, and energy exchange cabinets [1]. - The company's revenue composition includes base station antennas (57.09%), microwave antennas (22.39%), RF devices (12.77%), satellite communications (4.90%), and others (2.18%) [1]. - The company operates within the communication equipment sector, with involvement in various concept sectors such as the Belt and Road Initiative, virtual power plants, satellite internet, China-Russia trade, and energy storage [1].