COSHIP(SZ:002052) Xin Lang Cai Jing·2026-02-02 07:16Core Viewpoint - The company, Tongzhou Electronics, is experiencing a decline in stock price and trading volume, with a focus on high-power power supply products and lithium battery business, benefiting from the depreciation of the RMB and significant revenue growth in recent periods [1][2][3][8]. Financial Performance - In the first nine months of 2025, the company achieved a revenue of 657 million yuan, representing a year-on-year increase of 176.75% [8]. - The net profit attributable to the parent company for the same period was 232 million yuan, showing a year-on-year growth of 1724.48% [8]. - The company's revenue from the new energy battery business is significant, contributing to the overall revenue growth [2]. Business Segments - The company's main business is divided into two segments: high-power power supply products and new energy lithium-ion batteries, with the former accounting for 90.23% of total revenue [7]. - The high-power power supply products are primarily used in computing server applications, while the lithium battery segment includes various battery types and energy storage solutions [2][7]. Market Dynamics - The company has a high overseas revenue proportion of 79.72%, benefiting from the depreciation of the RMB [3]. - The stock has seen a net outflow of funds, indicating a reduction in institutional investment and a need for potential portfolio adjustments [4][5][6]. Shareholder Information - As of January 20, the number of shareholders increased to 54,700, with an average of 12,604 shares held per shareholder, reflecting a slight decrease [7]. - The company has not distributed dividends in the last three years, with a total payout of 42.84 million yuan since its A-share listing [9].