锦浪科技股价震荡下行，三季度业绩增速放缓

Group 1 - The stock price of Jinlang Technology (300763) has shown a downward trend, closing at 77.30 yuan on February 13, 2026, with a decline of 1.68% on that day and a cumulative drop of 3.16% over the past five days [1] - On February 12, the stock price decreased by 0.49%, with a trading volume of 607 million yuan and a turnover rate of 2.39%. The net financing sell-off was 52.34 million yuan, with a financing balance of 1.577 billion yuan, accounting for 5.06% of the circulating market value, which is at a relatively high level over the past year [1] - The net outflow of main funds on February 12 was 43.24 million yuan, indicating a cautious short-term market sentiment as it has shown a continuous net outflow for several days [1] - The number of shareholders increased to 70,000 as of February 10, reflecting a 2.34% increase, while the average circulating shares per person decreased, indicating a rise in the dispersion of shares [1] Group 2 - For the period from January to September 2025, the company reported steady performance with operating revenue of 5.663 billion yuan, representing a year-on-year growth of 9.71%, and a net profit attributable to shareholders of 865 million yuan, up 29.39%, indicating a higher profit growth rate than revenue [2] - In the third quarter, the single-quarter revenue was 1.869 billion yuan, showing a slight year-on-year increase of 3.43%, but net profit decreased by 16.85% year-on-year, primarily due to the off-season demand in Europe and an increase in expense ratios [2] - The company's main business segments include grid-connected inverters, which account for 47.97%, and energy storage inverters, which have increased to 20.91%, suggesting that the global layout may help mitigate risks from reliance on a single market [2]