Core Viewpoint - Tongda Co., Ltd. has shown significant stock performance and financial growth in 2023, with a notable increase in revenue and net profit, indicating strong operational capabilities and market positioning [1][2][3]. Financial Performance - As of September 30, 2025, Tongda Co., Ltd. achieved a revenue of 6.066 billion yuan, representing a year-on-year growth of 40.78% [2]. - The net profit attributable to shareholders reached 132 million yuan, marking an impressive year-on-year increase of 83.29% [2]. - The company's stock price has increased by 26.98% year-to-date, with a 20.11% rise over the past 20 trading days [1]. Stock Market Activity - On November 3, 2023, Tongda's stock price rose by 2.00%, reaching 8.66 yuan per share, with a trading volume of 69.755 million yuan [1]. - The company has appeared on the "龙虎榜" (Dragon and Tiger List) eight times this year, with the most recent appearance on October 17, 2023, where it recorded a net buy of -107 million yuan [1]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 21.93% to 56,800, while the average number of circulating shares per person increased by 28.09% to 7,968 shares [2]. - New institutional shareholders include Guangfa Quantitative Multi-Factor Mixed A and other funds, indicating growing institutional interest [3]. Business Overview - Tongda Co., Ltd. specializes in the production and sales of electric cables, with its main revenue sources being aluminum products (38.62%), high-voltage cables (26.26%), and power cables (18.66%) [2]. - The company operates within the electric power equipment industry, focusing on cable components and related sectors [2].

Core Viewpoint - Tongda Co., Ltd. has experienced a decline in stock price and significant net outflow of funds, despite a year-to-date increase in stock price and strong revenue growth [1][2]. Group 1: Stock Performance - As of October 30, Tongda's stock price decreased by 2.05% to 8.59 CNY per share, with a trading volume of 1.82 billion CNY and a turnover rate of 4.64%, resulting in a total market capitalization of 45.16 billion CNY [1]. - Year-to-date, Tongda's stock price has increased by 25.95%, with a 2.38% rise over the last five trading days, 17.35% over the last 20 days, and 5.53% over the last 60 days [1]. - The company has appeared on the "龙虎榜" (a stock trading list) eight times this year, with the most recent appearance on October 17, where it recorded a net buy of -1.07 billion CNY [1]. Group 2: Financial Performance - For the period from January to September 2025, Tongda achieved a revenue of 6.066 billion CNY, representing a year-on-year growth of 40.78%, and a net profit attributable to shareholders of 132 million CNY, reflecting an 83.29% increase [2]. - Cumulative cash dividends since the company's A-share listing amount to 256 million CNY, with 52.38 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Tongda was 56,800, a decrease of 21.93% from the previous period, while the average number of circulating shares per person increased by 28.09% to 7,968 shares [2]. - New institutional shareholders include Guangfa Quantitative Multi-Factor Mixed A and招商量化精选股票发起式A, holding 3.2943 million shares and 2.8853 million shares respectively [3].

Group 1 - The core viewpoint of the news is that Tongda Co., Ltd. has experienced fluctuations in its stock price and trading volume, with a recent decline of 2.01% and a total market capitalization of 4.348 billion yuan [1] - As of October 22, 2023, Tongda Co., Ltd. has seen a year-to-date stock price increase of 21.26%, with a slight increase of 0.12% over the last five trading days and a 11.16% increase over the last 20 days, while experiencing a decline of 7.70% over the last 60 days [1] - The company has appeared on the "Dragon and Tiger List" eight times this year, with the most recent appearance on October 17, 2023, showing a net buy of -107 million yuan on that day [1] Group 2 - Tongda Co., Ltd. is located in Yanshi City, Henan Province, and was established on March 26, 2002, with its stock listed on March 3, 2011. The company specializes in the production and sales of electric wires and cables, precision processing and assembly of aviation components, and aluminum-based composite new materials [2] - The main business revenue composition includes: aluminum plate and strip products (38.62%), ultra-high voltage and high voltage cables (26.26%), power cables (18.66%), trade goods (12.26%), mechanical processing products (2.71%), other sales (0.64%), new energy cables (0.43%), high-end equipment cables (0.39%), and rental income (0.03%) [2] - As of June 30, 2023, the number of shareholders of Tongda Co., Ltd. was 72,800, an increase of 55.58% compared to the previous period, with an average of 6,220 circulating shares per person, a decrease of 35.72% [2] - For the first half of 2023, Tongda Co., Ltd. achieved an operating income of 3.618 billion yuan, a year-on-year increase of 37.28%, and a net profit attributable to the parent company of 61.873 million yuan, a year-on-year increase of 68.24% [2] Group 3 - Since its A-share listing, Tongda Co., Ltd. has distributed a total of 256 million yuan in dividends, with 52.383 million yuan distributed in the last three years [3]

Group 1 - The core viewpoint of the news is that Tongda Co., Ltd. has shown significant trading activity and financial performance, with a notable increase in stock price and financing activities [1][2]. - On October 15, Tongda Co., Ltd. experienced a stock price increase of 9.99%, with a trading volume of 351 million yuan. The financing buy-in amount was 73.32 million yuan, while the financing repayment was 51.27 million yuan, resulting in a net financing buy-in of 22.05 million yuan [1]. - As of October 15, the total financing and securities lending balance for Tongda Co., Ltd. was 247 million yuan, which accounts for 5.68% of its circulating market value, indicating a high level of financing activity compared to the past year [1]. Group 2 - As of June 30, the number of shareholders for Tongda Co., Ltd. reached 72,800, an increase of 55.58% from the previous period, while the average circulating shares per person decreased by 35.72% to 6,220 shares [2]. - For the first half of 2025, Tongda Co., Ltd. reported a revenue of 3.618 billion yuan, representing a year-on-year growth of 37.28%. The net profit attributable to shareholders was 61.87 million yuan, reflecting a year-on-year increase of 68.24% [2]. - Since its A-share listing, Tongda Co., Ltd. has distributed a total of 256 million yuan in dividends, with 52.38 million yuan distributed over the past three years [3].

Group 1 - The core viewpoint of the news highlights the financial performance and trading activity of Tongda Co., Ltd., indicating a mixed sentiment in the market with a slight increase in stock price and notable financing activities [1][2]. - As of September 30, Tongda Co., Ltd. experienced a financing buy of 6.4688 million yuan and a financing repayment of 7.1455 million yuan, resulting in a net financing outflow of 676,800 yuan [1]. - The total financing and securities balance for Tongda Co., Ltd. reached 215 million yuan, accounting for 5.59% of its circulating market value, which is above the 70th percentile level over the past year, indicating a high level of financing activity [1]. Group 2 - As of June 30, the number of shareholders for Tongda Co., Ltd. increased to 72,800, representing a growth of 55.58%, while the average circulating shares per person decreased by 35.72% to 6,220 shares [2]. - For the first half of 2025, Tongda Co., Ltd. reported a revenue of 3.618 billion yuan, reflecting a year-on-year growth of 37.28%, and a net profit attributable to shareholders of 61.8733 million yuan, which is a 68.24% increase compared to the previous year [2]. - Since its A-share listing, Tongda Co., Ltd. has distributed a total of 256 million yuan in dividends, with 52.833 million yuan distributed over the past three years [3].

Group 1 - The core viewpoint of the news highlights the financial performance and trading activity of Tongda Co., Ltd., indicating a positive trend in both revenue and net profit, alongside significant trading volumes in the stock market [1][2]. Group 2 - As of September 24, Tongda Co., Ltd. experienced a stock price increase of 0.97%, with a trading volume of 85.46 million yuan. The financing buy-in amount was 8.14 million yuan, while the financing repayment was 6.71 million yuan, resulting in a net financing buy-in of 1.43 million yuan. The total financing and securities balance reached 225 million yuan [1]. - The financing balance of Tongda Co., Ltd. is 225 million yuan, accounting for 5.86% of the circulating market value, which is above the 80th percentile level over the past year, indicating a high level of financing activity [1]. - The company has not engaged in any short selling activities on September 24, with no shares sold or repaid, and the short selling balance remains at zero, which is above the 60th percentile level over the past year [1]. Group 3 - As of June 30, the number of shareholders for Tongda Co., Ltd. reached 72,800, an increase of 55.58% compared to the previous period. The average circulating shares per person decreased by 35.72% to 6,220 shares [2]. - For the first half of 2025, Tongda Co., Ltd. reported a revenue of 3.618 billion yuan, representing a year-on-year growth of 37.28%. The net profit attributable to the parent company was 61.87 million yuan, reflecting a year-on-year increase of 68.24% [2]. Group 4 - Since its A-share listing, Tongda Co., Ltd. has distributed a total of 256 million yuan in dividends, with 52.38 million yuan distributed over the past three years [3].

Revenue and Profit Growth - The company reported a total revenue of 3.618 billion yuan for the first half of 2025, an increase of 37.28% year-on-year [1] - The net profit attributable to shareholders reached 61.8733 million yuan, up 68.24% year-on-year [1] - The net profit excluding non-recurring items was 60.4544 million yuan, reflecting an increase of 89.08% year-on-year [1] - In Q2 alone, total revenue was 2.144 billion yuan, a year-on-year increase of 35.89% [1] - The net profit for Q2 was 45.9064 million yuan, showing a significant rise of 106.37% year-on-year [1] Main Business Performance - Revenue from the wire and cable business was 1.655 billion yuan, accounting for 45.74% of total revenue, with a gross margin of 12.64% [2] - Revenue from ultra-high voltage and high voltage engineering cables was 950 million yuan, making up 26.26% of total revenue, with a gross margin of 11.96% [2] - Revenue from aluminum plate and strip products was 1.397 billion yuan, representing 38.62% of total revenue, but with a low gross margin of 1.74% [2] - Mechanical processing products had the highest gross margin at 34.68%, although their revenue contribution was only 2.71% [2] Cash Flow and Accounts Receivable Risks - The company reported a negative operating cash flow of -0.76 yuan per share, a decline of 47.26% year-on-year [4] - The accounts receivable amount was significantly high, with accounts receivable accounting for 7601.79% of the latest annual net profit, indicating potential management risks [4] Debt Situation - The company had interest-bearing liabilities of 1.635 billion yuan, a decrease of 3.79% year-on-year [5] - The interest-bearing asset-liability ratio stood at 32.73%, raising concerns about the company's debt repayment capacity [5] Summary - The company achieved significant revenue and profit growth in the first half of 2025, particularly in the wire and cable and ultra-high voltage engineering cable sectors [6] - However, challenges remain regarding cash flow and accounts receivable management, necessitating improved financial management for sustainable development [6]