水羊股份跌2.02%，成交额1.09亿元，主力资金净流出1548.22万元

Core Viewpoint - Water Sheep Co., Ltd. has experienced fluctuations in stock price and trading volume, with a notable increase in revenue and profit year-on-year, indicating potential growth in the cosmetics sector [1][2]. Company Performance - As of December 2, Water Sheep's stock price was 19.93 yuan per share, down 2.02%, with a total market capitalization of 7.773 billion yuan [1]. - The company has seen a 50.76% increase in stock price year-to-date, with a 3.00% rise in the last five trading days, but a decline of 1.48% over the last 20 days and 11.34% over the last 60 days [1]. - For the period from January to September 2025, Water Sheep achieved a revenue of 3.409 billion yuan, representing a year-on-year growth of 11.96%, and a net profit of 136 million yuan, up 44.01% year-on-year [2]. Shareholder and Institutional Holdings - As of November 10, the number of shareholders increased to 30,000, a rise of 10.64%, while the average circulating shares per person decreased by 9.61% to 11,966 shares [2]. - The company has distributed a total of 142 million yuan in dividends since its A-share listing, with 77.8142 million yuan distributed over the past three years [3]. - Notable institutional shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 5.6594 million shares, and new entrants such as Huaxia Domestic Demand Driven Mixed A and Caitong Asset Management [3]. Business Overview - Water Sheep Co., Ltd. specializes in the research, production, and sales of cosmetics, with its main revenue sources being lotions and creams (81.84%), masks (17.32%), and other products (0.84%) [1]. - The company operates within the beauty care sector, specifically in branded cosmetics, and is associated with concepts such as DeepSeek, new retail, and Xiaomi [2].