NORINCO International(SZ:000065) Sou Hu Cai Jing·2025-08-14 13:15Core Viewpoint - As of August 14, 2025, Beifang International (000065) closed at 12.08 yuan, down 1.79%, with significant net outflows from major and retail investors, indicating a mixed sentiment in the market [1][2]. Financial Performance - For Q1 2025, Beifang International reported a main revenue of 3.65 billion yuan, a year-on-year decrease of 27.22% - The net profit attributable to shareholders was 177 million yuan, down 32.97% year-on-year - The net profit excluding non-recurring items was 175 million yuan, also down 32.45% year-on-year - The company had a debt ratio of 57.23%, investment income of 560,000 yuan, and financial expenses of 44.47 million yuan - The gross margin stood at 13.03% [3]. Market Position - Beifang International's total market value is 12.942 billion yuan, compared to the industry average of 21.432 billion yuan - The company's net assets are 10.689 billion yuan, while the industry average is 54.821 billion yuan - The net profit of 177 million yuan ranks below the industry average of 665 million yuan - The price-to-earnings ratio (P/E) is 18.29, significantly lower than the industry average of 46.61 - The price-to-book ratio (P/B) is 1.32, compared to the industry average of 3.27 - The gross margin of 13.03% is slightly below the industry average of 13.09% - The net margin of 4.93% is notably higher than the industry average of -2.06% - Return on equity (ROE) is 1.72%, outperforming the industry average of 0.8% [3]. Investor Sentiment - In the last 90 days, two institutions have given a buy rating for Beifang International, with an average target price of 13.94 yuan [4].