Highton Development(SH:603162) Xin Lang Cai Jing·2025-12-19 08:16Core Viewpoint - The company, Haitong Development, has shown a significant increase in stock price and trading volume, indicating positive market sentiment and potential growth opportunities in the dry bulk shipping sector [1]. Company Overview - Haitong Development is located at 23 Changting Street, Taijiang District, Fuzhou, Fujian Province, and primarily engages in domestic coastal and international ocean dry bulk transportation [2][3]. - The company has established itself as a leading player in the domestic private dry bulk shipping industry, focusing on coal transportation and expanding into iron ore and other dry bulk goods [3]. Financial Performance - For the first nine months of 2025, Haitong Development reported a revenue of 3.009 billion yuan, representing a year-on-year growth of 16.32%, while the net profit attributable to shareholders decreased by 38.47% to 253 million yuan [8]. - The company's overseas revenue accounted for 65.04% of total revenue, benefiting from the depreciation of the Chinese yuan [4]. Market Activity - On December 19, the stock price of Haitong Development increased by 4.33%, with a trading volume of 290 million yuan and a turnover rate of 8.44%, leading to a total market capitalization of 11.62 billion yuan [1]. - The stock has seen a net inflow of 9.1195 million yuan from major investors, although the overall trend in the industry shows a net outflow of 132 million yuan [5][6]. Shareholder Information - As of September 30, the number of shareholders for Haitong Development was 26,400, a decrease of 18.54% from the previous period, with an average of 10,529 circulating shares per person, an increase of 24.72% [8]. - The company has distributed a total of 266 million yuan in dividends since its A-share listing [9].