Koal(SH:603232) Xin Lang Cai Jing·2025-11-14 01:55Core Viewpoint - Geer Software's stock has shown significant volatility, with an 80.67% increase year-to-date, but a recent decline of 13.41% over the past five trading days, indicating potential market fluctuations and investor sentiment shifts [1]. Financial Performance - For the period from January to September 2025, Geer Software reported a revenue of 235 million yuan, a year-on-year decrease of 29.25%, and a net profit attributable to shareholders of -65.41 million yuan, down 71.98% year-on-year [2]. - The company has cumulatively distributed dividends of 149 million yuan since its A-share listing, with 25.58 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 14, Geer Software's stock price was 23.18 yuan per share, with a market capitalization of 5.426 billion yuan. The stock experienced a trading volume of 148 million yuan and a turnover rate of 2.75% [1]. - The stock has appeared on the "龙虎榜" (Dragon and Tiger List) 11 times this year, with the most recent appearance on November 10, where it recorded a net buy of -173 million yuan [1]. Shareholder Information - As of September 30, 2025, Geer Software had 30,300 shareholders, a decrease of 29.99% from the previous period, with an average of 7,633 circulating shares per shareholder, an increase of 42.83% [2]. - Among the top ten circulating shareholders, Huabao Zhongzheng Financial Technology Theme ETF holds 2.8065 million shares, an increase of 1.3458 million shares compared to the previous period [3]. Business Overview - Geer Software, established on March 3, 1998, specializes in the research, production, and sales of commercial cryptographic software products, primarily focusing on Public Key Infrastructure (PKI) [2]. - The company's revenue composition includes 42.98% from PKI security application products, 33.02% from general security products, and 23.94% from PKI infrastructure products [2].