Camel Group(SH:601311) Xin Lang Cai Jing·2026-02-02 01:28Core Viewpoint - Camel Group Co., Ltd. has shown a mixed performance in terms of financing and stockholder dynamics, with a notable increase in revenue and net profit year-on-year, indicating potential growth opportunities in the automotive battery and recycling sectors [1][2]. Financing Summary - On January 30, Camel Group's financing buy amounted to 24.11 million yuan, while financing repayment was 25.39 million yuan, resulting in a net financing outflow of 1.28 million yuan [1]. - The total financing and securities balance reached 609 million yuan, accounting for 5.47% of the circulating market value, which is above the 60th percentile of the past year [1]. - The company had a low short-selling balance of 500,000 yuan, with a short-selling volume of 53,000 shares, indicating a lower level of short interest compared to the past year [1]. Operational Performance - For the period from January to September 2025, Camel Group reported a revenue of 12.142 billion yuan, reflecting a year-on-year growth of 7.14%, and a net profit attributable to shareholders of 619 million yuan, which is a 26.95% increase year-on-year [2]. - The company's main business revenue composition includes low-voltage lead-acid batteries (79.06%), recycled lead (14.65%), lithium batteries (4.41%), and others (1.88%) [1]. Shareholder Dynamics - As of September 30, 2025, the number of shareholders increased to 71,600, up by 38.00%, while the average circulating shares per person decreased by 27.54% to 16,391 shares [2]. - Notable changes in institutional holdings include Hong Kong Central Clearing Limited as the seventh largest shareholder with 15.4619 million shares, down by 6.5137 million shares from the previous period, and the South China CSI 1000 ETF entering as the tenth largest shareholder with 6.4427 million shares [2].