Core Viewpoint - Visual China has experienced fluctuations in stock performance, with a year-to-date increase of 15.74% but a recent decline of 5.01% over the past five trading days [1] Group 1: Stock Performance - As of November 28, Visual China's stock price rose by 2.21% to 24.07 CNY per share, with a trading volume of 3.29 billion CNY and a turnover rate of 2.05%, resulting in a total market capitalization of 168.63 billion CNY [1] - The company has appeared on the "Dragon and Tiger List" 12 times this year, with the most recent appearance on November 24, where it recorded a net buy of -324 million CNY [1] - Year-to-date, Visual China's stock has increased by 15.74%, with a 5-day decline of 5.01%, a 20-day increase of 11.44%, and a 60-day increase of 8.72% [1] Group 2: Company Overview - Visual China, established on May 28, 1994, and listed on January 21, 1997, is based in Beijing and primarily engages in the production of television dramas, indoor smart entertainment in theme parks, and the sale of visual content and services [2] - The company's main revenue source is visual content and services, accounting for 99.92% of total revenue, with other services contributing 0.08% [2] - As of September 30, 2025, Visual China reported a revenue of 610 million CNY, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.31 million CNY [2] Group 3: Shareholder Information - As of September 30, 2025, Visual China had 120,900 shareholders, a decrease of 12.60% from the previous period, with an average of 5,591 circulating shares per shareholder, an increase of 14.41% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 8.20 million shares, an increase of 1.98 million shares from the previous period [3] - New shareholder HSBC Jintrust Small Cap Stock holds 2.92 million shares, marking its entry into the top ten circulating shareholders [3]

Core Viewpoint - Visual China experienced a stock price decline of 2.04% on November 20, with a trading price of 23.02 CNY per share and a total market capitalization of 16.127 billion CNY [1] Group 1: Stock Performance - Year-to-date, Visual China's stock price has increased by 10.69%, with a 6.77% rise over the last five trading days, an 11.64% increase over the last 20 days, and a 6.83% rise over the last 60 days [1] - The company has appeared on the "龙虎榜" (a stock trading list) 10 times this year, with the most recent appearance on November 18, where it recorded a net buy of 108 million CNY [1] Group 2: Financial Performance - For the period from January to September 2025, Visual China reported a revenue of 610 million CNY, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] - Cumulative cash dividends since the company's A-share listing amount to 205 million CNY, with 47.586 million CNY distributed over the last three years [3] Group 3: Shareholder Information - As of September 30, 2025, Visual China had 120,900 shareholders, a decrease of 12.60% from the previous period, with an average of 5,591 circulating shares per shareholder, an increase of 14.41% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 8.2011 million shares, an increase of 1.9764 million shares from the previous period [3]

Core Insights - Visual China experienced a stock price increase of 2.11% on November 19, reaching 24.16 CNY per share, with a trading volume of 1.022 billion CNY and a turnover rate of 6.29%, resulting in a total market capitalization of 16.926 billion CNY [1] Financial Performance - For the period from January to September 2025, Visual China reported a revenue of 610 million CNY, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] - The company has distributed a total of 205 million CNY in dividends since its A-share listing, with 47.586 million CNY distributed over the past three years [3] Shareholder Information - As of September 30, 2025, Visual China had 120,900 shareholders, a decrease of 12.60% from the previous period, with an average of 5,591 circulating shares per shareholder, an increase of 14.41% [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 8.2011 million shares (an increase of 1.9764 million shares), and Southern CSI 1000 ETF, which holds 4.4820 million shares (a decrease of 38,900 shares) [3] Market Activity - Visual China has appeared on the trading leaderboard 10 times this year, with the most recent appearance on November 18, where it recorded a net purchase of 108 million CNY, accounting for 16.39% of total trading volume [1]

Core Points - Visual China experienced a stock price decline of 2.04% on November 14, trading at 21.12 CNY per share with a market capitalization of 14.796 billion CNY [1] - The company has seen a year-to-date stock price increase of 1.56%, but a decline of 4.69% over the past five trading days and 5.25% over the past twenty days [1] - As of September 30, 2025, Visual China reported a revenue of 610 million CNY, a year-on-year increase of 0.30%, while net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] Financial Performance - The company has made cumulative cash distributions of 205 million CNY since its A-share listing, with 47.586 million CNY distributed over the past three years [3] - As of September 30, 2025, the number of shareholders decreased by 12.60% to 120,900, while the average circulating shares per person increased by 14.41% to 5,591 shares [2] Shareholding Structure - The fourth largest circulating shareholder is Hong Kong Central Clearing Limited, holding 8.2011 million shares, an increase of 1.9764 million shares from the previous period [3] - The seventh largest circulating shareholder is Southern CSI 1000 ETF, holding 4.4820 million shares, which decreased by 38,900 shares compared to the previous period [3]

Core Viewpoint - Visual China experienced a decline in stock price by 2.01% on November 12, with a current price of 21.50 CNY per share and a total market capitalization of 15.062 billion CNY [1] Financial Performance - For the period from January to September 2025, Visual China reported a revenue of 610 million CNY, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] - The company has distributed a total of 205 million CNY in dividends since its A-share listing, with 47.586 million CNY distributed over the last three years [3] Stock Market Activity - As of November 12, Visual China has seen a year-to-date stock price increase of 3.39%, but has experienced a decline of 2.14% over the last five trading days and a 14.17% decline over the last 20 days [1] - The company has appeared on the stock market's "龙虎榜" (Dragon and Tiger List) nine times this year, with the most recent appearance on October 13 [1] Shareholder Information - As of September 30, 2025, Visual China had 120,900 shareholders, a decrease of 12.60% from the previous period, with an average of 5,591 circulating shares per shareholder, an increase of 14.41% [2] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest with 8.2011 million shares, an increase of 1.9764 million shares from the previous period [3]

Core Insights - Visual China experienced a stock price increase of 2.00% on November 7, reaching 22.44 CNY per share, with a total market capitalization of 15.721 billion CNY [1] - The company has seen a year-to-date stock price increase of 7.91%, with a recent five-day increase of 3.89% [1] Financial Performance - For the period from January to September 2025, Visual China reported a revenue of 610 million CNY, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] - Cumulative cash dividends since the company's A-share listing amount to 205 million CNY, with 47.586 million CNY distributed over the past three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 12.60% to 120,900, while the average number of circulating shares per person increased by 14.41% to 5,591 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 1.9764 million shares to 8.2011 million shares [3]

Core Viewpoint - Visual China experienced a stock price decline of 2.02% on November 5, trading at 21.85 CNY per share with a market capitalization of 15.308 billion CNY [1] Financial Performance - For the period from January to September 2025, Visual China reported revenue of 610 million CNY, reflecting a year-on-year growth of 0.30%, while net profit attributable to shareholders decreased by 9.03% to 74.314 million CNY [2] - The company has distributed a total of 205 million CNY in dividends since its A-share listing, with 47.586 million CNY distributed over the past three years [3] Stock Market Activity - As of November 5, 2023, Visual China's stock has increased by 5.07% year-to-date, with a 6.02% rise over the last five trading days and a 6.79% increase over the last 20 days [1] - The company has appeared on the stock market's "龙虎榜" (top trading list) nine times this year, with the most recent appearance on October 13 [1] Shareholder Information - As of September 30, 2025, Visual China had 120,900 shareholders, a decrease of 12.60% from the previous period, with an average of 5,591 circulating shares per shareholder, an increase of 14.41% [2] - The largest circulating shareholder is Hong Kong Central Clearing Limited, holding 8.2011 million shares, an increase of 1.9764 million shares from the previous period [3]

Core Viewpoint - Visual China experienced a stock price decline of 2.00% on November 4, with a trading volume of 850 million yuan and a market capitalization of 15.441 billion yuan [1] Financial Performance - For the period from January to September 2025, Visual China reported a revenue of 610 million yuan, reflecting a year-on-year growth of 0.30%, while the net profit attributable to shareholders decreased by 9.03% to 74.314 million yuan [2] - The company has distributed a total of 205 million yuan in dividends since its A-share listing, with 47.586 million yuan distributed over the past three years [3] Shareholder Information - As of September 30, 2025, the number of shareholders for Visual China was 120,900, a decrease of 12.60% from the previous period, while the average number of circulating shares per person increased by 14.41% to 5,591 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 8.2011 million shares (an increase of 1.9764 million shares), and Southern CSI 1000 ETF, which holds 4.4820 million shares (a decrease of 38,900 shares) [3] Stock Market Activity - Visual China has seen its stock price increase by 5.98% year-to-date, with a 7.72% rise over the last five trading days and an 11.71% increase over the last 20 days [1] - The company has appeared on the stock market's "龙虎榜" (Dragon and Tiger List) nine times this year, with the most recent appearance on October 13 [1]

Core Insights - Visual China reported a revenue of 610 million yuan for the first three quarters of 2025, representing a year-on-year growth of 0.30% [1] - The company's net profit attributable to shareholders was 74.314 million yuan, a decrease of 9.03% year-on-year [1] - The basic earnings per share stood at 0.11 yuan [1] Financial Performance - The gross profit margin for the first three quarters of 2025 was 42.75%, down 3.48 percentage points year-on-year [2] - The net profit margin was 13.44%, a decline of 1.47 percentage points compared to the same period last year [2] - In Q3 2025, the gross profit margin was 43.35%, showing a year-on-year decrease of 1.58 percentage points but a quarter-on-quarter increase of 2.70 percentage points [2] - The net profit margin for Q3 2025 was 15.82%, down 0.57 percentage points year-on-year but up 2.15 percentage points from the previous quarter [2] Expense Management - Total operating expenses for Q3 2025 were 195 million yuan, a decrease of 7.5281 million yuan year-on-year [2] - The expense ratio was 31.92%, down 1.33 percentage points from the same period last year [2] - Sales expenses increased by 6.23%, while management expenses decreased by 1.07%, R&D expenses decreased by 15.37%, and financial expenses decreased by 22.58% [2] Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 120,900, a decrease of 17,400 or 12.60% from the end of the previous half [2] - The average market value per shareholder increased from 102,000 yuan at the end of the previous half to 118,600 yuan, reflecting a growth of 16.23% [2] Company Overview - Visual China is located in Beijing and was established on May 28, 1994, with its listing date on January 21, 1997 [3] - The company's main business includes the production and distribution of TV dramas, indoor smart entertainment in theme parks, and the sale of visual materials (images, videos, etc.) and value-added services [3] - The revenue composition is primarily from visual content and services at 99.92% [3]