嘉诚国际（603535）9月12日主力资金净卖出318.97万元

Core Viewpoint - The stock of Jiacheng International (603535) has shown a positive performance with a closing price of 12.32 yuan, reflecting a 5.12% increase as of September 12, 2025, despite a net outflow of major funds [1] Financial Performance - Jiacheng International reported a total revenue of 683 million yuan for the first half of 2025, representing a year-on-year increase of 3.93% [3] - The net profit attributable to shareholders was 118 million yuan, up 0.29% year-on-year, while the non-recurring net profit decreased by 2.13% to 116 million yuan [3] - In Q2 2025, the company achieved a quarterly revenue of 398 million yuan, a 9.0% increase year-on-year, and a net profit of approximately 55.77 million yuan, up 6.21% year-on-year [3] Market Position and Ratios - Jiacheng International's total market capitalization is 6.346 billion yuan, with a net asset value of 2.722 billion yuan [3] - The company has a price-to-earnings ratio (P/E) of 26.83, which is significantly higher than the industry average of 11.72, indicating a relatively high valuation [3] - The gross margin stands at 33.62%, which is well above the industry average of 14.56%, and the net margin is 17.41%, also higher than the industry average of 5.74% [3] Fund Flow Analysis - On September 12, 2025, major funds experienced a net outflow of 3.1897 million yuan, accounting for 1.36% of the total transaction volume, while retail investors saw a net inflow of 6.5402 million yuan, representing 2.79% of the total transaction volume [1][2] - Over the past five days, the stock has seen fluctuating fund flows, with notable net inflows and outflows from both major and retail investors [2]