MJNY(SZ:000723) Xin Lang Zheng Quan·2025-11-05 05:22Core Viewpoint - Meijin Energy's stock has shown a significant increase in price and trading activity, indicating positive market sentiment despite a decline in revenue and profit for the year [1][2]. Company Overview - Meijin Energy, established on January 8, 1997, and listed on May 15, 1997, is based in Taiyuan, Shanxi Province. The company primarily engages in the production and sale of coal, coke, natural gas, and hydrogen fuel cell vehicles, with 97.45% of its revenue coming from coal and coke products [1][2]. Financial Performance - For the period from January to September 2025, Meijin Energy reported a revenue of 12.975 billion yuan, a year-on-year decrease of 9.71%. The net profit attributable to shareholders was -737 million yuan, reflecting a 12.57% decline compared to the previous year [2]. - The company has not distributed any dividends in the last three years, with a total payout of 1.976 billion yuan since its A-share listing [3]. Stock Performance - As of November 5, Meijin Energy's stock price increased by 19.96% year-to-date, with a 2.08% rise on that day, reaching 5.41 yuan per share. The total market capitalization is approximately 23.823 billion yuan [1]. - The stock has seen significant trading activity, with a net inflow of 2.37 million yuan from main funds and notable buying from large orders [1]. Shareholder Structure - As of September 30, 2025, Meijin Energy had 234,000 shareholders, a decrease of 5.91% from the previous period. The average number of circulating shares per shareholder increased by 6.29% to 18,791 shares [2][3]. - Major shareholders include Guotai CSI Coal ETF and Southern CSI 500 ETF, with notable changes in their holdings [3].