11月20日，赢时胜跌1.90%，成交额3.67亿元。两融数据显示，当日赢时胜获融资买入额2498.35万元， 融资偿还2813.26万元，融资净买入-314.91万元。截至11月20日，赢时胜融资融券余额合计8.89亿元。 截至9月30日，赢时胜股东户数11.24万，较上期减少13.60%；人均流通股5884股，较上期增加15.74%。 2025年1月-9月，赢时胜实现营业收入9.37亿元，同比减少5.18%；归母净利润-4320.97万元，同比减少 210.75%。 分红方面，赢时胜A股上市后累计派现6.87亿元。近三年，累计派现1.05亿元。 机构持仓方面，截止2025年9月30日，赢时胜十大流通股东中，华宝中证金融科技主题ETF（159851） 位居第三大流通股东，持股977.78万股，相比上期增加468.71万股。香港中央结算有限公司位居第六大 流通股东，持股456.23万股，相比上期减少609.91万股。博时金融科技ETF（516860）位居第十大流通 股东，持股202.37万股，为新进股东。 责任编辑：小浪快报 融资方面，赢时胜当日融资买入2498.35万元。当前融资余额8.88亿元，占流通市值 ...

Core Insights - The company, Winshang, established in September 2001 and listed on the Shenzhen Stock Exchange in January 2014, is a leading provider of information technology solutions for asset management and custody services in the financial sector [1] Financial Performance - For Q3 2025, Winshang reported revenue of 937 million yuan, ranking 28th out of 102 in the industry, significantly lower than the top competitor, Shanghai Steel Union, which had revenue of 57.318 billion yuan [2] - The net profit for the same period was -46.877 million yuan, placing the company 68th in the industry, far behind the leading firms [2] Financial Ratios - As of Q3 2025, Winshang's debt-to-asset ratio was 7.96%, lower than the previous year's 8.29% and well below the industry average of 31.94%, indicating strong solvency and low financial risk [3] - The gross profit margin for Q3 2025 was 42.96%, slightly down from 44.23% year-on-year but still above the industry average of 41.71%, reflecting good profitability [3] Executive Compensation - The chairman, Tang Qiu, received a salary of 2.04 million yuan in 2024, an increase of 40,000 yuan from the previous year [4] - The general manager, Li Yuefeng, saw a decrease in salary from 1.98 million yuan in 2023 to 1.96 million yuan in 2024 [4] Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 13.60% to 112,400, while the average number of shares held per shareholder increased by 15.74% to 5,884.61 [5] - The top circulating shareholder, Huabao Zhongzheng Financial Technology Theme ETF, increased its holdings by 4.6871 million shares to 9.7778 million shares [5]

Core Viewpoint - The stock of Winshang Technology has experienced a significant decline of 25.58% year-to-date, with recent trading showing slight fluctuations in price and trading volume [1][2]. Financial Performance - For the first half of 2025, Winshang Technology reported a revenue of 578 million yuan, representing a year-on-year decrease of 7.84% [2]. - The company recorded a net profit attributable to shareholders of -79.18 million yuan, a decline of 46.22% compared to the previous year [2]. Shareholder Information - As of June 30, 2025, the number of shareholders for Winshang Technology was 130,100, a decrease of 6.52% from the previous period [2]. - The average number of circulating shares per shareholder increased by 5.84% to 5,084 shares [2]. Dividend Distribution - Since its A-share listing, Winshang Technology has distributed a total of 687 million yuan in dividends, with 105 million yuan distributed over the past three years [3]. Major Shareholders - As of June 30, 2025, Hong Kong Central Clearing Limited was the third-largest circulating shareholder, holding 10.66 million shares, an increase of 5.83 million shares from the previous period [3]. - Huabao Zhongzheng Financial Technology Theme ETF ranked as the seventh-largest circulating shareholder, holding 5.09 million shares, an increase of 284,100 shares [3].

Core Points - On October 20, Ying Shisheng's stock rose by 0.70% with a trading volume of 230 million yuan [1] - As of October 20, the total margin balance for Ying Shisheng was 1.039 billion yuan, with a net margin buy of -2.0662 million yuan for the day [1][2] - The company reported a revenue of 578 million yuan for the first half of 2025, a year-on-year decrease of 7.84%, and a net profit of -79.18 million yuan, down 46.22% year-on-year [2] Financing and Margin Data - On October 20, Ying Shisheng had a financing buy of 18.4641 million yuan and a financing repayment of 20.5303 million yuan, resulting in a net margin buy of -2.0662 million yuan [1] - The current financing balance is 1.038 billion yuan, accounting for 6.88% of the circulating market value, which is below the 10% percentile level over the past year [1] - The margin balance is low, with a margin volume of 34,700 shares and a margin balance of 697,500 yuan, also below the 10% percentile level over the past year [1] Company Overview - Ying Shisheng Information Technology Co., Ltd. is based in Shenzhen, Guangdong Province, and was established on September 3, 2001, with its listing date on January 27, 2014 [1] - The company specializes in providing comprehensive IT solutions for asset management and custody services for financial institutions and high-end clients [1] - The main revenue sources are service fees (55.06%) and custom software development and sales (44.94%) [1] Shareholder and Dividend Information - As of June 30, 2025, the number of shareholders for Ying Shisheng was 130,100, a decrease of 6.52% from the previous period [2] - The cumulative cash distribution since the A-share listing is 687 million yuan, with 105 million yuan distributed over the past three years [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 10.6614 million shares, an increase of 5.828 million shares from the previous period [2]