Xin Lang Cai Jing·2025-11-19 02:28Core Viewpoint - Longyuan Power's stock experienced a slight decline of 0.12% on November 18, with a trading volume of 48.32 million yuan, indicating a challenging market environment for the company [1] Financing Summary - On November 18, Longyuan Power had a financing buy-in amount of 1.33 million yuan and a financing repayment of 3.82 million yuan, resulting in a net financing outflow of 2.49 million yuan [1] - As of November 18, the total margin balance for Longyuan Power was 63.50 million yuan, with the financing balance at 63.15 million yuan, accounting for 0.07% of the circulating market value, which is below the 20th percentile level over the past year, indicating a low financing level [1] - The company repaid 600 shares of margin loans on November 18, with no shares sold short, resulting in a short balance of 2.04 million shares and a short balance of 350,700 yuan, which is above the 60th percentile level over the past year, indicating a relatively high short position [1] Company Overview - Longyuan Power Group Co., Ltd. was established on January 27, 1993, and listed on January 24, 2022, with its main business involving technical transformation, services, and production maintenance of power systems and electrical equipment [2] - The company's revenue composition is primarily from power products (99.22%), with other income accounting for 0.78% [2] - As of September 30, the number of shareholders was 34,200, a decrease of 16.42% from the previous period, with an average of 0 circulating shares per shareholder [2] Financial Performance - For the period from January to September 2025, Longyuan Power reported a revenue of 22.22 billion yuan, a year-on-year decrease of 15.67%, and a net profit attributable to shareholders of 4.39 billion yuan, down 19.76% year-on-year [2] - Since its A-share listing, Longyuan Power has distributed a total of 5.98 billion yuan in dividends, with 4.75 billion yuan distributed over the past three years [3] Institutional Holdings - As of September 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited as the fifth-largest shareholder with 3.05 million shares, a decrease of 819,900 shares from the previous period [3] - Other notable shareholders include Huatai-PB CSI 300 ETF and E Fund CSI 300 ETF, with slight changes in their holdings compared to the previous period [3]