GUIDE INFRARED(SZ:002414) Xin Lang Cai Jing·2025-11-18 01:28Core Viewpoint - Gaode Infrared's stock performance shows a slight decline, with significant trading activity and high financing levels, indicating investor interest and potential volatility in the near term [1][2]. Financing Summary - On November 17, Gaode Infrared experienced a financing buy-in of 52.16 million yuan, with a net buy of 4.92 million yuan, while the total financing and securities balance reached 1.089 billion yuan [1]. - The current financing balance of 1.081 billion yuan accounts for 1.96% of the circulating market value, exceeding the 90th percentile of the past year, indicating a high level of financing activity [1]. - In terms of securities lending, 91,000 shares were repaid, with 171,200 shares sold, amounting to 2.21 million yuan in sales, and a remaining securities lending balance of 723.91 million yuan, also at a high level [1]. Business Performance - As of September 30, Gaode Infrared reported a total revenue of 3.068 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 69.27%, while the net profit attributable to shareholders reached 582 million yuan, a staggering increase of 1058.95% [2]. - The company's main business revenue composition includes 96.47% from infrared comprehensive optoelectronic and complete equipment systems, 2.95% from traditional and information-based ammunition, and minor contributions from rental and technical services [1]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 133,600, with an average of 25,433 circulating shares per person, a decrease of 3.93% from the previous period [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited as the third-largest shareholder, holding 59.23 million shares, while new entrants and reductions in holdings were noted among other institutional investors [3].