Baosight(SH:600845) Xin Lang Cai Jing·2025-09-09 06:33Core Viewpoint - Baoxin Software's stock has experienced a significant decline in 2023, with a year-to-date drop of 17.93% and a recent net outflow of funds, indicating potential investor concerns about the company's performance and market position [1][2]. Financial Performance - For the first half of 2025, Baoxin Software reported a revenue of 4.715 billion yuan, a year-on-year decrease of 30.08%, and a net profit attributable to shareholders of 713 million yuan, down 46.46% compared to the previous year [2]. - Cumulative cash dividends since the company's A-share listing amount to 10.067 billion yuan, with 5.736 billion yuan distributed over the last three years [3]. Stock Market Activity - As of September 9, Baoxin Software's stock price was 23.52 yuan per share, with a market capitalization of 67.521 billion yuan. The stock has seen a trading volume of 266 million yuan and a turnover rate of 0.53% [1]. - The stock has faced a net outflow of 37.284 million yuan from major funds, with significant selling pressure observed [1]. Shareholder Structure - As of July 31, the number of shareholders for Baoxin Software increased to 129,300, reflecting a rise of 9.61%, while the average number of circulating shares per person decreased by 10.50% to 20,430 shares [2]. - The second-largest circulating shareholder is Hong Kong Central Clearing Limited, holding 67.0865 million shares, which is a decrease of 14.7907 million shares from the previous period [3].