Group 1 - The core viewpoint of the news is that Guangdian Electric's stock has experienced a decline, with a year-to-date drop of 5.79% and a recent 10.55% decrease over the last five trading days [1] - As of November 20, Guangdian Electric's stock price was 4.07 CNY per share, with a market capitalization of 3.474 billion CNY [1] - The company has seen a net outflow of main funds amounting to 4.1843 million CNY, with significant selling pressure observed [1] Group 2 - Guangdian Electric operates in the power equipment sector, specifically in power distribution equipment, and is involved in the production and sales of high and low voltage power distribution equipment and components [2] - For the period from January to September 2025, Guangdian Electric reported a revenue of 582 million CNY, reflecting a year-on-year decrease of 21% [2] - The company has a total of 56,600 shareholders as of September 30, with an increase of 2.82% from the previous period [2] Group 3 - Since its A-share listing, Guangdian Electric has distributed a total of 809 million CNY in dividends, with 179 million CNY distributed over the last three years [3]

Core Viewpoint - Guangdian Electric, established in December 1995 and listed in February 2011, specializes in high and low voltage power distribution equipment, focusing on reliable technology and stable quality [1] Group 1: Business Performance - In Q3 2025, Guangdian Electric reported revenue of 582 million yuan, ranking 18th among 26 companies in the industry, with the industry leader, Chint Electric, generating 46.396 billion yuan [2] - The revenue composition includes complete equipment and power electronic products at 743 million yuan (71.67%), components at 264 million yuan (25.48%), and others at 29.5587 million yuan (2.85%) [2] - The net profit for the same period was -1.4024 million yuan, placing the company 22nd in the industry, while the industry leader reported a net profit of 5.656 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Guangdian Electric's debt-to-asset ratio was 14.95%, slightly up from 14.82% year-on-year, significantly lower than the industry average of 40.49%, indicating strong solvency [3] - The gross profit margin for the same period was 26.12%, down from 28.24% year-on-year, but still above the industry average of 23.98%, reflecting a competitive profitability advantage [3] Group 3: Executive Compensation - The chairman and president, Zhao Shuwen, received a salary of 1.6254 million yuan in 2024, a slight decrease from 1.6256 million yuan in 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 2.82% to 56,600, while the average number of circulating A-shares held per account decreased by 2.74% to 15,100 [5]