Core Viewpoint - Maito Co., Ltd. has shown a significant stock performance with a year-to-date increase of 33.11%, despite a slight decline in the recent trading days. The company specializes in the development, production, and sales of smart ultrasonic water meters and heat meters, contributing to its revenue growth [1]. Financial Performance - For the period from January to September 2025, Maito Co., Ltd. achieved a revenue of 254 million yuan, representing a year-on-year growth of 10.45%. The net profit attributable to the parent company was 54.15 million yuan, reflecting a year-on-year increase of 19.99% [1]. - The company has distributed a total of 216 million yuan in dividends since its A-share listing, with 118 million yuan distributed over the past three years [2]. Stock Market Activity - As of November 27, Maito Co., Ltd.'s stock price increased by 2.07%, reaching 17.28 yuan per share, with a trading volume of 11.95 million yuan and a turnover rate of 0.83%. The total market capitalization stands at 2.407 billion yuan [1]. - The company has seen a decrease in the number of shareholders, with 8,652 shareholders as of September 30, 2025, down by 1.68% from the previous period [1]. Business Overview - Maito Co., Ltd. was established on December 14, 2006, and went public on June 7, 2021. The company primarily focuses on smart ultrasonic water meters, which account for 88.08% of its main business revenue, while smart ultrasonic heat meters contribute 7.38% [1]. - The company operates within the mechanical equipment sector, specifically in the general equipment and instrumentation category, and is associated with various concept sectors including micro-cap stocks and smart water management [1].

Core Insights - Maito Co., Ltd. experienced a stock price increase of 2.77% on November 14, with a trading volume of 56.368 million yuan [1] - The company reported a financing buy-in of 3.9007 million yuan and a financing repayment of 4.1992 million yuan on the same day, resulting in a net financing outflow of 0.2985 million yuan [1] - As of November 14, the total margin balance for Maito Co. was 32.8385 million yuan, which represents 1.30% of its market capitalization, indicating a low financing balance compared to the past year [1] Financing and Margin Data - On November 14, Maito Co. had a financing buy-in of 3.9007 million yuan, with a total financing balance of 32.8385 million yuan [1] - The financing balance is below the 10th percentile level of the past year, indicating a low position [1] - There were no short sales or repayments on that day, with the short selling balance also at zero, which is at a high level compared to the past year [1] Company Overview - Maito Co., Ltd. is located in Jiangning Binjiang Economic Development Zone, Nanjing, Jiangsu Province, and was established on December 14, 2006, with its IPO on June 7, 2021 [1] - The company specializes in the research, production, and sales of smart ultrasonic water meters and heat meters, with revenue composition as follows: 88.08% from smart ultrasonic water meters, 7.38% from smart ultrasonic heat meters, and 4.55% from other products [1] Financial Performance - For the period from January to September 2025, Maito Co. achieved a revenue of 254 million yuan, representing a year-on-year growth of 10.45% [2] - The net profit attributable to the parent company was 54.1536 million yuan, reflecting a year-on-year increase of 19.99% [2] Shareholder Information - As of September 30, 2025, Maito Co. had 8,652 shareholders, a decrease of 1.68% from the previous period, with an average of 9,688 circulating shares per shareholder, down by 0.97% [2] - The company has distributed a total of 216 million yuan in dividends since its A-share listing, with 118 million yuan distributed over the past three years [3] - Notably, the Noan Multi-Strategy Mixed A Fund (320016) is among the top ten circulating shareholders, holding 980,000 shares as a new shareholder [3]

Core Viewpoint - Maito Co., Ltd. shows a mixed performance in financing activities and stockholder metrics, with a slight decline in stock price and a notable increase in shareholder numbers, indicating potential growth opportunities despite current market challenges [1][2]. Financing Activities - On October 9, Maito Co., Ltd. experienced a stock price decline of 1.16% with a trading volume of 29.01 million yuan [1]. - The financing buy-in amount for the day was 1.92 million yuan, while the financing repayment was 1.05 million yuan, resulting in a net financing buy-in of 0.88 million yuan [1]. - As of October 9, the total financing and securities balance was 39.52 million yuan, which accounts for 1.75% of the circulating market value, indicating a low financing balance compared to the past year [1]. Stockholder Metrics - As of June 30, the number of shareholders for Maito Co., Ltd. reached 8,800, reflecting a 3.17% increase from the previous period [2]. - The average number of circulating shares per shareholder decreased by 3.07% to 9,782 shares [2]. Financial Performance - For the first half of 2025, Maito Co., Ltd. reported a revenue of 167 million yuan, representing a year-on-year growth of 11.73% [2]. - The net profit attributable to the parent company was 35.40 million yuan, showing a year-on-year increase of 10.80% [2]. Dividend Distribution - Since its A-share listing, Maito Co., Ltd. has distributed a total of 216 million yuan in dividends, with 118 million yuan distributed over the past three years [3].

Core Viewpoint - The company held a performance briefing for the fiscal year 2024, discussing its revenue decline and future prospects in the ultrasonic water meter industry [1][2]. Company Performance - In 2024, the company achieved a revenue of 358.458 million yuan, a decrease of 6.17% compared to the previous year [2]. - The total profit for the year was 89.5254 million yuan, down 31.14% year-on-year [2]. - The net profit attributable to shareholders was 79.2025 million yuan, reflecting a decline of 29.46% from the previous year [2]. Industry Outlook - The company specializes in the research, production, and sales of smart ultrasonic water meters and heat meters, providing integrated solutions for smart water management and energy-saving heating [2]. - With the ongoing advancement of smart water management, the advantages of ultrasonic water meters are becoming more prominent, leading to increased market acceptance and a potential significant rise in market penetration in the future [2].