Analysis of the Reasons for Yitian Co., Ltd.'s (300812) Strong Performance and Its Sustainability

December 8, 2025 (UTC+8), Yitian Co., Ltd. (300812) entered the tushare_strong_pool strong stock pool with an 11.46% increase, closing at 29.67 yuan on that day [0].

Yitian Co., Ltd.'s strong rise is mainly driven by three factors:

• Industry Demand Support
  : Omdia predicts that the global display panel market area demand will grow by 6% in 2026 [1]. As an upstream flat panel display module equipment supplier, Yitian Co., Ltd. directly benefits from the industry expansion expectation.
• Marginal Improvement in Fundamentals
  : The third quarter 2025 financial report shows that the company’s net profit for the first three quarters increased by 348.82% year-on-year to 3469.12 ten thousand yuan, and non-recurring net profit increased by 311.28% year-on-year, with significant performance recovery [2].
• Capital Promotion
  : On that day, main funds had a net inflow of 3119.48 ten thousand yuan (accounting for 5.74% of total turnover), and hot money had a net inflow of 3960.25 ten thousand yuan (accounting for 7.29% of total turnover), with a total net inflow of 7079.73 ten thousand yuan, driving the stock price to rise sharply [2].

• Technical Aspect
  : The trading volume on that day was 189,300 lots, with a turnover rate of 20.42%, which was significantly higher than the average level, indicating high market attention [2]. The stock price is in an upward trend; pay attention to the support level at 26 yuan and resistance level at 32 yuan [2].
• Fundamental Aspect
  : Although net profit increased significantly, the single-quarter revenue in the third quarter of 2025 decreased by 56.23% year-on-year, and the business is still volatile [2]; the company’s debt ratio is 46.49%, and financial risks are worth attention [2].

Professional investors have positive sentiment, with main funds and hot money flowing in significantly; while retail funds had a net outflow of 7079.73 ten thousand yuan, accounting for 13.03% of total turnover, indicating retail investors’ profit-taking mentality [2].

• Divergence Between Profit and Revenue
  : The company’s high-speed net profit growth but revenue decline may come from optimized cost control or non-operating income; follow-up revenue recovery needs attention [2].
• Professional Capital Signal
  : Synchronous net inflow of main funds and hot money indicates institutional investors’ recognition of the company’s performance improvement and industry prospects, providing short-term support for the stock price [2].
• Industry Dependence Risk
  : The company’s business is concentrated in the flat panel display equipment field; industry fluctuations will directly affect performance stability [2].

• Revenue Fluctuation Risk
  : Third-quarter revenue decline shows unstable business; vigilance against performance sustainability risks [2].
• Industry Competition Risk
  : The flat panel display equipment industry is highly competitive; the company needs continuous innovation to maintain competitiveness [2].
• Financial Risk
  : A debt ratio of 46.49% is relatively high, which may increase the company’s financial pressure [2].

• Industry Growth Dividend
  : The expected growth in global display panel area demand provides space for the company’s long-term development [1].
• Technical Momentum
  : Increased trading volume and upward trend indicate short-term upside potential for the stock price [2].

Yitian Co., Ltd.'s strong performance benefits from industry demand expectations and fundamental profit growth, and professional capital inflows enhance short-term upward momentum. However, factors such as revenue decline, industry competition, and financial pressure constitute risks. Investors need to pay attention to the technical performance of the 26 yuan support level and 32 yuan resistance level, while closely tracking the company’s revenue recovery, industry demand realization, and market capital flow [2].