12月29日，海南发展盘中上涨5.27%，截至09:35，报23.95元/股，成交15.88亿元，换手率8.51%，总市 值202.37亿元。 资金流向方面，主力资金净流出7254.56万元，特大单买入1.46亿元，占比9.19%，卖出1.99亿元，占比 12.54%；大单买入1.92亿元，占比12.10%，卖出2.11亿元，占比13.32%。 海南发展今年以来股价涨156.15%，近5个交易日涨49.78%，近20日涨70.58%，近60日涨134.12%。 海南发展所属申万行业为：建筑装饰-装修装饰Ⅱ-装修装饰Ⅲ。所属概念板块包括：龙虎榜热门、中 盘、海南国资、融资融券、基金重仓等。 截至12月19日，海南发展股东户数13.35万，较上期增加10.11%；人均流通股6018股，较上期减少 9.18%。2025年1月-9月，海南发展实现营业收入24.99亿元，同比减少10.12%；归母净利润-3.65亿元， 同比减少56.65%。 分红方面，海南发展A股上市后累计派现1.41亿元。近三年，累计派现0.00元。 机构持仓方面，截止2025年9月30日，海南发展十大流通股东中，香港中央结算有限公司位居第五大流 ...

12月19日，海南发展涨5.07%，截至发稿，报13.89元/股，成交10.90亿元，换手率10.34%，总市值 117.36亿元。 资料显示，海控南海发展股份有限公司位于广东省深圳市南山区南海大道2061号新保辉大厦17层，成立 日期1995年6月22日，上市日期2007年8月23日，公司主营业务涉及建筑幕墙工程设计、施工和生产、销 售幕墙玻璃制品、家电玻璃等。主营业务收入构成为：幕墙与内装工程78.85%，特玻材料12.50%，幕 墙玻璃制品8.89%。 从海南发展十大流通股东角度 数据显示，南方基金旗下1只基金位居海南发展十大流通股东。南方中证1000ETF（512100）三季度减 持3.11万股，持有股数542.38万股，占流通股的比例为0.67%。根据测算，今日浮盈赚取约363.4万元。 南方中证1000ETF（512100）成立日期2016年9月29日，最新规模766.3亿。今年以来收益23.72%，同类 排名1988/4197；近一年收益18.96%，同类排名2400/4147；成立以来收益9.49%。 南方中证1000ETF（512100）基金经理为崔蕾。 截至发稿，崔蕾累计任职时间7年44天 ...

Core Viewpoint - Hainan Development (002163) has reported a total of 122 million yuan in litigation and arbitration amounts over the past twelve months, which accounts for 11.37% of the company's latest audited net assets [1][4]. Group 1: Litigation and Arbitration - The total amount involved in litigation and arbitration includes 44.84 million yuan as the plaintiff, representing 36.86% of the total, and 76.83 million yuan as the defendant or third party, accounting for 63.14% [4]. - The primary litigation cases involve Hainan Development's subsidiary, Haikong Sanxin (Bengbu) New Energy Materials Co., Ltd., which is being sued for unpaid supplier debts [4][5]. Group 2: Financial Performance - The company's main business includes architectural curtain wall engineering design, construction, and the production and sale of curtain wall glass products and home appliance glass [6]. - The company's revenue has fluctuated significantly, with year-on-year changes of -17.17% in 2022, 15.67% in 2023, and -6.48% in 2024. The net profit attributable to the parent company was -145 million yuan, 91.57 million yuan, and -379 million yuan for the same years [6]. - In the first three quarters of 2025, the company reported a revenue of 2.499 billion yuan, a year-on-year decline of 10.12%, and a net loss of 365 million yuan, which is an increase in loss by 56.65% compared to the previous year [6]. Group 3: Financial Health - The company's asset-liability ratio has remained high, increasing from 75.12% at the end of 2023 to 84.49% by the end of the third quarter of 2025 [7].

Core Viewpoint - Hainan Development's stock has shown significant volatility, with a year-to-date increase of 63.10%, but a recent decline of 8.35% over the last five trading days, indicating potential market fluctuations and investor sentiment shifts [1][2]. Financial Performance - For the period of January to September 2025, Hainan Development reported a revenue of 2.499 billion yuan, reflecting a year-on-year decrease of 10.12%. The net profit attributable to shareholders was -365 million yuan, a decline of 56.65% compared to the previous year [2]. - The company has cumulatively distributed 141 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Stock Market Activity - As of November 14, Hainan Development's stock price was 15.25 yuan per share, with a market capitalization of 12.886 billion yuan. The stock experienced a trading volume of 245 million yuan and a turnover rate of 2.01% [1]. - The stock has appeared on the "龙虎榜" (Dragon and Tiger List) six times this year, with the most recent appearance on November 6, where it recorded a net buy of -19.802 million yuan [1]. Shareholder Information - As of November 10, the number of shareholders for Hainan Development increased to 147,700, a rise of 60.52%. The average number of circulating shares per person decreased by 37.70% to 5,440 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 6.7286 million shares, an increase of 2.518 million shares from the previous period [3].

Core Viewpoint - Hainan Development experienced a decline of 5.21% on November 6, with a stock price of 15.66 CNY per share and a total market capitalization of 13.232 billion CNY [1] Company Overview - Hainan Development, officially known as Hainan Development Holdings Co., Ltd., is based in Shenzhen, Guangdong Province, and was established on June 22, 1995. The company was listed on August 23, 2007 [1] - The main business activities include the design, construction, and production of building curtain wall engineering, as well as the sale of curtain wall glass products and household appliance glass. The revenue composition is as follows: curtain wall and interior decoration engineering 78.85%, special glass materials 12.50%, and curtain wall glass products 8.89% [1] Shareholder Information - Among the top ten circulating shareholders of Hainan Development, one fund under Huaxia Fund holds a position. The Huaxia CSI 1000 ETF (159845) reduced its holdings by 8,843 shares in the third quarter, now holding 3.2146 million shares, which accounts for 0.4% of the circulating shares. The estimated floating loss today is approximately 2.7645 million CNY [2] - The Huaxia CSI 1000 ETF (159845) was established on March 18, 2021, with a latest scale of 45.469 billion CNY. Year-to-date returns are 26.69%, ranking 2005 out of 4216 in its category; the one-year return is 20.5%, ranking 1947 out of 3909; and since inception, the return is 27.47% [2]

Core Viewpoint - Hainan Development's stock price has shown significant volatility, with a year-to-date increase of 50.59% and a recent drop of 2.02% on November 4, 2023, indicating potential market fluctuations and investor sentiment shifts [1][2]. Financial Performance - For the period from January to September 2025, Hainan Development reported a revenue of 2.499 billion yuan, a year-on-year decrease of 10.12%, and a net profit attributable to shareholders of -365 million yuan, reflecting a 56.65% decline compared to the previous year [2]. - The company has not distributed any dividends in the last three years, with a total payout of 141 million yuan since its A-share listing [3]. Stock Market Activity - As of November 4, 2023, Hainan Development's stock was trading at 14.08 yuan per share, with a total market capitalization of 11.897 billion yuan. The stock experienced a trading volume of 538 million yuan and a turnover rate of 4.74% [1]. - The stock has appeared on the "Dragon and Tiger List" three times this year, with the most recent net buying amounting to 85.6497 million yuan on November 3, 2023 [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Hainan Development increased to 77,300, with an average of 10,389 shares held per shareholder, a decrease of 5.27% from the previous period [2]. - The top ten circulating shareholders include significant institutional investors, with Hong Kong Central Clearing Limited holding 6.7286 million shares, an increase of 2.518 million shares from the previous period [3].

Core Viewpoint - Hainan Development reported a significant decline in revenue and net profit for the first three quarters of 2025, indicating ongoing financial challenges for the company [1][2]. Financial Performance - The company's revenue for the first three quarters was 2.499 billion yuan, a year-on-year decrease of 10.12% [1]. - The net profit attributable to shareholders was -365 million yuan, down 56.65% year-on-year [1]. - The basic earnings per share were -0.43 yuan [1]. - The gross profit margin for the first three quarters was 11.05%, an increase of 4.14 percentage points year-on-year [2]. - The net profit margin was -14.48%, a decrease of 3.38 percentage points compared to the same period last year [2]. Quarterly Analysis - In Q3 2025, the gross profit margin improved to 14.49%, up 9.40 percentage points year-on-year and 5.65 percentage points quarter-on-quarter [2]. - The net profit margin for Q3 was -15.29%, which was an improvement of 12.37 percentage points year-on-year and 7.95 percentage points quarter-on-quarter [2]. Expense Overview - Total expenses for the period were 320 million yuan, an increase of 34.86 million yuan year-on-year [2]. - The expense ratio was 12.82%, up 2.55 percentage points from the previous year [2]. - Sales expenses increased by 61.35%, while management expenses rose by 15.11% [2]. - R&D expenses decreased by 17.48%, and financial expenses increased by 46.35% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 72,100, an increase of 13,000 or 22.01% from the end of the previous half [3]. - The average market value per shareholder decreased from 136,400 yuan to 122,000 yuan, a decline of 10.57% [3]. Company Overview - Hainan Development is located in Nanshan District, Shenzhen, Guangdong Province, and was established on June 22, 1995 [3]. - The company was listed on August 23, 2007, and its main business includes design, construction, and sales of curtain wall engineering and glass products [3]. - The revenue composition is 78.85% from curtain wall and interior decoration projects, 12.50% from special glass materials, and 8.89% from curtain wall glass products [3]. - The company is classified under the construction decoration industry and is associated with several concept sectors, including Hainan Free Trade Zone and new energy [3].