SANAN(SH:600703) Xin Lang Cai Jing·2025-11-18 06:49Core Viewpoint - Sanan Optoelectronics experienced a decline in stock price, with a current trading price of 13.43 CNY per share and a market capitalization of 67.003 billion CNY, reflecting a 10.53% increase in stock price year-to-date but a recent decline over the past few trading days [1][2]. Financial Performance - For the period from January to September 2025, Sanan Optoelectronics reported a revenue of 13.817 billion CNY, representing a year-on-year growth of 16.55%. However, the net profit attributable to shareholders decreased by 64.15% to 88.601 million CNY [2]. - The company has distributed a total of 7 billion CNY in dividends since its A-share listing, with 486 million CNY distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased to 379,600, up by 8.15% from the previous period. The average number of circulating shares per shareholder decreased by 7.53% to 13,141 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the seventh largest, holding 97.7807 million shares as a new shareholder [3]. Market Activity - On November 18, Sanan Optoelectronics saw a net outflow of main funds amounting to 59.8503 million CNY, with significant selling pressure observed [1]. - The stock has shown a mixed performance in recent trading periods, with a 1.54% decline over the last five days and a 6.41% decline over the last twenty days [1]. Business Overview - Sanan Optoelectronics, established on March 27, 1993, and listed on May 28, 1996, specializes in the research, production, and sales of compound semiconductor materials and devices. The main revenue sources include material sales (35.96%), LED epitaxial chips (30.88%), integrated circuit products (16.68%), and LED application products (15.92%) [1]. - The company operates within the electronic industry, specifically in the optical optoelectronics and LED sectors, and is involved in concepts such as silicon carbide, gallium arsenide, gallium nitride, plant lighting, and third-generation semiconductors [1].