BYIS(SH:600581) Xin Lang Zheng Quan·2026-01-20 06:12Core Viewpoint - The stock of Bayi Steel has shown a mixed performance with a slight increase in recent trading sessions, while the company faces challenges in revenue and profitability [1][2]. Group 1: Stock Performance - On January 20, Bayi Steel's stock rose by 2.08%, reaching a price of 3.44 CNY per share, with a trading volume of 90.82 million CNY and a turnover rate of 1.74% [1]. - Year-to-date, the stock price has increased by 2.99%, with a 0.29% rise over the last five trading days, a 2.08% increase over the last twenty days, but a significant decline of 20.92% over the last sixty days [1]. Group 2: Financial Performance - For the period from January to September 2025, Bayi Steel reported a revenue of 14.617 billion CNY, reflecting a year-on-year decrease of 1.39%, while the net profit attributable to shareholders was -572 million CNY, showing a year-on-year increase of 60.43% [2]. - The company has not distributed any dividends in the last three years, with a total payout of 1.062 billion CNY since its A-share listing [3]. Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders for Bayi Steel increased to 88,500, a rise of 26.38% from the previous period, while the average circulating shares per person decreased by 20.87% to 17,326 shares [2]. - Notable institutional shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 3.6252 million shares, and several new entrants such as Invesco Great Wall and Guotai Junan, indicating a shift in shareholder composition [3].