Palm(SZ:002431) Xin Lang Cai Jing·2025-11-12 01:33Core Viewpoint - The stock of Palm Eco-Town Development Co., Ltd. experienced a decline of 1.03% on November 11, with a trading volume of 370 million yuan, indicating a challenging market environment for the company [1]. Financing Summary - On November 11, Palm Eco-Town had a financing buy-in amount of 22.67 million yuan and a financing repayment of 30.85 million yuan, resulting in a net financing outflow of 8.18 million yuan [1]. - The total financing and securities balance for Palm Eco-Town reached 202 million yuan, accounting for 3.87% of its market capitalization, which is above the 90th percentile of the past year, indicating a high level of financing activity [1]. - The company had no short-selling activity on November 11, with both short-selling repayment and selling amounts recorded at zero, reflecting a lack of bearish sentiment in the market [1]. Company Overview - Palm Eco-Town Development Co., Ltd. was established on September 21, 1993, and listed on June 10, 2010. The company is based in Guangzhou, Guangdong Province, and its main business includes urbanization investment, infrastructure planning and construction, ecological environment management, and tourism project development [2]. - The revenue composition of the company is heavily weighted towards engineering construction at 95.50%, with design services at 2.35%, urban operations at 1.66%, and other services at 0.49% [2]. - As of October 31, the number of shareholders increased to 74,000, a rise of 5.71%, while the average circulating shares per person decreased by 5.41% to 24,497 shares [2]. Financial Performance - For the period from January to September 2025, Palm Eco-Town reported a revenue of 1.945 billion yuan, representing a year-on-year decrease of 18.01%. The net profit attributable to the parent company was -515 million yuan, showing a year-on-year increase of 12.27% [2]. - Since its A-share listing, the company has distributed a total of 276 million yuan in dividends, with no dividends paid in the last three years [3].