Core Insights - On November 11, Chengda Pharmaceutical experienced a decline of 0.32% with a trading volume of 184 million yuan, indicating a slight downturn in market performance [1] - The company reported a financing buy-in of 16.04 million yuan and a financing repayment of 17.94 million yuan on the same day, resulting in a net financing outflow of 1.89 million yuan [1] - As of November 11, the total margin balance for Chengda Pharmaceutical stood at 244 million yuan, which accounts for 4.67% of its circulating market value, indicating a high level of financing activity compared to the past year [1] Financing and Margin Data - Chengda Pharmaceutical's financing buy-in on November 11 was 16.04 million yuan, with a current financing balance of 244 million yuan, which is above the 90th percentile of the past year [1] - The company had no short-selling activity on November 11, with a short-selling balance of 0 yuan, placing it below the 50th percentile of the past year [1] Company Overview - Chengda Pharmaceutical, established on March 25, 1999, and listed on January 20, 2022, is located in Jiaxing, Zhejiang Province [1] - The company's main business includes the development, production, and sales of key pharmaceutical intermediates, CDMO services, and L-carnitine series products [1] - The revenue composition of the company is as follows: 60.66% from self-sales products, 38.90% from customized products and services, and 0.44% from other sources [1] Financial Performance - As of September 30, the number of shareholders for Chengda Pharmaceutical was 12,700, a decrease of 8.58% from the previous period, while the average circulating shares per person increased by 36.16% to 8,577 shares [2] - For the period from January to September 2025, the company achieved a revenue of 285 million yuan, representing a year-on-year growth of 16.95%, while the net profit attributable to shareholders decreased by 58.47% to 16.77 million yuan [2] Dividend Information - Since its A-share listing, Chengda Pharmaceutical has distributed a total of 133 million yuan in dividends, with 89.62 million yuan distributed over the past three years [3]

Group 1 - The core viewpoint of the news is that Chengda Pharmaceutical has shown mixed financial performance, with a notable increase in revenue but a significant decline in net profit [2] - As of November 6, 2023, Chengda Pharmaceutical's stock price increased by 0.93%, with a trading volume of 95.18 million yuan and a net financing outflow of 717,800 yuan [1] - The company's financing balance reached 247 million yuan, accounting for 5.09% of its market capitalization, indicating a high level of financing activity compared to the past year [1] Group 2 - For the period from January to September 2023, Chengda Pharmaceutical reported a revenue of 285 million yuan, representing a year-on-year growth of 16.95% [2] - The net profit attributable to the parent company was 16.77 million yuan, reflecting a year-on-year decrease of 58.47% [2] - The number of shareholders decreased by 8.58% to 12,700, while the average circulating shares per person increased by 36.16% to 8,577 shares [2] Group 3 - Since its A-share listing, Chengda Pharmaceutical has distributed a total of 133 million yuan in dividends, with 89.62 million yuan paid out over the last three years [3]

Core Viewpoint - Chengda Pharmaceutical is a leading domestic pharmaceutical company focusing on key pharmaceutical intermediates CDMO services and L-carnitine series products, with strong R&D capabilities [1] Group 1: Business Performance - In Q3 2025, Chengda Pharmaceutical reported revenue of 285 million yuan, ranking 26th out of 29 in the industry, significantly lower than the top company WuXi AppTec at 32.857 billion yuan and second-ranked Kanglong Chemical at 10.086 billion yuan [2] - The net profit for Q3 2025 was 16.7931 million yuan, ranking 22nd out of 29, with a notable gap compared to WuXi AppTec's 12.206 billion yuan and Tigermed's 1.092 billion yuan [2] Group 2: Financial Ratios - Chengda Pharmaceutical's debt-to-asset ratio in Q3 2025 was 9.98%, up from 6.78% year-on-year, significantly lower than the industry average of 22.79%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 45.39%, an increase from 43.54% year-on-year, surpassing the industry average of 37.70%, reflecting strong profitability [3] Group 3: Executive Compensation - The chairman, Ge Jianli, received a salary of 602,700 yuan in 2024, a decrease of 374,200 yuan from 2023 [4] - The general manager, Lu Gang, earned 668,800 yuan in 2024, down 223,900 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 8.58% to 12,700, while the average number of circulating A-shares held per account increased by 36.16% to 8,577.86 [5]

Core Viewpoint - Chengda Pharmaceutical's stock performance shows a slight increase, with significant financing activity indicating investor interest despite a decline in net profit year-over-year [1][2]. Financing Activity - On October 28, Chengda Pharmaceutical's stock rose by 0.46%, with a trading volume of 103 million yuan. The financing buy-in amounted to 10.23 million yuan, while financing repayment was 8.51 million yuan, resulting in a net financing buy-in of 1.72 million yuan [1]. - As of October 28, the total financing and securities lending balance for Chengda Pharmaceutical was 254 million yuan, representing 4.99% of its market capitalization. This financing balance is above the 90th percentile of the past year, indicating a high level of investor engagement [1]. - In terms of securities lending, there were no shares repaid or sold on October 28, with a total securities lending balance of 0, which is below the 50th percentile of the past year, indicating a low level of short selling activity [1]. Financial Performance - For the period from January to September 2025, Chengda Pharmaceutical reported a revenue of 285 million yuan, reflecting a year-over-year growth of 16.95%. However, the net profit attributable to shareholders decreased by 58.47% to 16.77 million yuan [2]. - As of September 30, the number of shareholders for Chengda Pharmaceutical was 12,700, a decrease of 8.58% from the previous period. The average number of circulating shares per shareholder increased by 36.16% to 8,577 shares [2]. Dividend Distribution - Since its A-share listing, Chengda Pharmaceutical has distributed a total of 133 million yuan in dividends, with 89.62 million yuan distributed over the past three years [3].