Seazen(SH:601155) Xin Lang Zheng Quan·2026-01-16 02:26Core Viewpoint - New City Holdings has experienced a decline in stock price and financial performance, with significant decreases in revenue and net profit year-over-year, indicating potential challenges in the real estate sector [1][2]. Group 1: Stock Performance - On January 16, New City Holdings' stock fell by 2.02%, trading at 14.52 yuan per share, with a total market capitalization of 32.752 billion yuan [1]. - The stock has increased by 4.09% year-to-date but has seen a decline of 3.26% over the last five trading days and 60 days [1]. - The net outflow of main funds was 4.2516 million yuan, with large orders accounting for 13.63% of purchases and 22.20% of sales [1]. Group 2: Financial Performance - For the period from January to September 2025, New City Holdings reported a revenue of 34.371 billion yuan, a year-over-year decrease of 33.34%, and a net profit attributable to shareholders of 0.974 billion yuan, down 33.05% [2]. - Cumulative cash dividends since the A-share listing amount to 14.595 billion yuan, with no dividends paid in the last three years [3]. Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 12.34% to 43,200, with an average of 52,155 circulating shares per person, an increase of 14.07% [2]. - The fourth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 16.6308 million shares, a decrease of 701,400 shares from the previous period [3]. - New shareholders include ICBC Value Selection Mixed A, holding 15.7412 million shares, while several other funds have exited the top ten circulating shareholders list [3].