YPH(SZ:000088) Xin Lang Cai Jing·2025-11-26 05:38Core Insights - Saltian Port's stock price decreased by 0.45% on November 25, with a trading volume of 149 million yuan [1] - The company reported a financing net purchase of 5.18 million yuan on the same day, indicating strong investor interest despite the stock price decline [1] - As of November 25, the total financing and securities lending balance for Saltian Port reached 286 million yuan, with a financing balance that exceeds the 80th percentile of the past year, suggesting a high level of leverage [1] Financing and Securities Lending - On November 25, Saltian Port had a financing purchase of 13.43 million yuan, with a current financing balance of 285 million yuan, representing 2.02% of the circulating market value [1] - The securities lending data shows that 700 shares were repaid while 1,800 shares were sold, with a selling amount of 8,028 yuan, indicating low securities lending activity [1] - The securities lending balance is at 372,000 yuan, which is below the 30th percentile of the past year, indicating a low level of short selling [1] Company Overview - Saltian Port, established on July 21, 1997, is located in Shenzhen, Guangdong Province, and is involved in port investment, development, and operations, as well as toll highway management and warehousing services [1] - The company's main revenue sources are port cargo handling (59.49%), highway tolls (30.11%), and warehousing and other services (10.41%) [1] Financial Performance - As of September 30, 2025, Saltian Port reported a revenue of 616 million yuan, a year-on-year increase of 0.49%, and a net profit attributable to shareholders of 1.071 billion yuan, up 6.66% year-on-year [2] - The number of shareholders increased by 10.42% to 71,800, while the average circulating shares per person decreased by 9.44% to 44,079 shares [2] Dividend Distribution - Since its A-share listing, Saltian Port has distributed a total of 7.458 billion yuan in dividends, with 2.015 billion yuan distributed over the past three years [3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is a new shareholder, holding 18.5172 million shares [3]