OPPEIN(SH:603833) Xin Lang Cai Jing·2026-01-19 01:33Core Viewpoint - The financial performance of Oppein Home has shown a decline in revenue and net profit for the first nine months of 2025, indicating potential challenges in the home furnishing market [2]. Group 1: Financial Performance - For the period from January to September 2025, Oppein Home achieved a revenue of 13.214 billion yuan, a year-on-year decrease of 4.79% [2]. - The net profit attributable to the parent company for the same period was 1.832 billion yuan, reflecting a year-on-year decline of 9.77% [2]. Group 2: Shareholder and Market Activity - As of January 16, 2025, Oppein Home's stock price fell by 1.38%, with a trading volume of 110 million yuan [1]. - The financing buy-in amount on January 16 was 10.9557 million yuan, while the financing repayment was 5.278 million yuan, resulting in a net financing buy-in of 5.6777 million yuan [1]. - The total balance of margin trading for Oppein Home reached 137 million yuan, with the financing balance at 133 million yuan, accounting for 0.40% of the circulating market value, which is below the 40th percentile level over the past year [1]. - The number of shareholders as of September 30, 2025, was 20,700, a decrease of 1.78% from the previous period [2]. Group 3: Dividend and Institutional Holdings - Oppein Home has distributed a total of 7.985 billion yuan in dividends since its A-share listing, with 5.001 billion yuan distributed in the last three years [3]. - As of September 30, 2025, Hong Kong Central Clearing Limited was the third-largest circulating shareholder, holding 11.1909 million shares, a decrease of 488,600 shares from the previous period [3]. - New institutional shareholders include ICBC Value Selection Mixed A and several ETFs, indicating a shift in institutional investment [3].