Hanvo Safety(SZ:300952) Xin Lang Cai Jing·2025-11-05 07:36Core Viewpoint - The company, Henghui Security, is experiencing a decline in stock price and trading volume, with a market capitalization of 5.438 billion yuan, while also benefiting from the depreciation of the RMB due to its high overseas revenue ratio [1][4]. Group 1: Company Overview - Henghui Security specializes in the research, production, and sales of hand safety protective products, primarily focusing on functional safety gloves with a dual protection structure of "fiber + coating" [4][8]. - The company was established on April 15, 2004, and went public on March 11, 2021 [8]. Group 2: Financial Performance - For the period from January to September 2025, Henghui Security achieved operating revenue of 880 million yuan, representing a year-on-year growth of 0.97%, while the net profit attributable to the parent company was 81.98 million yuan, a decrease of 12.85% year-on-year [9]. - The company has distributed a total of 149 million yuan in dividends since its A-share listing, with 101 million yuan distributed over the past three years [10]. Group 3: Market Position and Trends - The company's main business revenue composition includes functional safety gloves at 95.45%, high-performance polyethylene fibers and composite materials at 3.47%, and other protective products at 1.08% [9]. - The company is actively involved in the development of new materials, including graphene-based products, and has made significant advancements in robotic applications, particularly in flexible joint protection components [2][3]. Group 4: Investment and Trading Activity - The stock has seen a net outflow of 24.98 million yuan from major investors today, with a total trading volume of 164 million yuan and a turnover rate of 4.99% [1][5]. - The average trading cost of the stock is 33.97 yuan, with the current price approaching a support level of 31.45 yuan, indicating potential volatility [7].