Core Viewpoint - The company, Zhejiang Wande Kai Fluid Equipment Technology Co., Ltd., is experiencing a decline in revenue and profit, with a focus on specialized and innovative products in the plumbing equipment sector, benefiting from the depreciation of the RMB and its designation as a "specialized and innovative" small giant enterprise [2][3][7]. Company Overview - Zhejiang Wande Kai is located in Donggang Village, Yuhuan City, Zhejiang Province, and was established on October 31, 2016, with its stock listed on September 19, 2022 [7]. - The company's main business includes the design, development, production, and sales of plumbing equipment, valves, pipe fittings, and smart home products [7]. - Revenue composition: Valves account for 57.70%, pipe fittings for 40.79%, and other products for 2.51% [7]. Financial Performance - For the period from January to September 2025, the company achieved a revenue of 616 million yuan, a year-on-year decrease of 16.85%, and a net profit attributable to shareholders of 83.59 million yuan, down 27.80% year-on-year [7]. - The company has distributed a total of 120 million yuan in dividends since its A-share listing [8]. Market Position and Trends - The company benefits from the depreciation of the RMB, with overseas revenue accounting for 82.39% of total revenue [3]. - It has been recognized as a national-level "specialized and innovative" small giant enterprise, which enhances its competitiveness and stability within the industry [3]. Technical Analysis - The average trading cost of the stock is 29.39 yuan, with the current stock price near a support level of 28.07 yuan [6]. - The stock has seen a recent increase in interest, with a more concentrated ownership structure [6].
万得凯跌1.26%，成交额1419.22万元，今日主力净流入2.29万