百利天恒跌2.04%，成交额1.34亿元，主力资金净流出493.02万元

Core Viewpoint - Baili Tianheng's stock price has shown significant volatility, with a year-to-date increase of 85.35%, but recent trading indicates a slight decline in the short term [1][2]. Financial Performance - For the first half of 2025, Baili Tianheng reported a revenue of 171 million yuan, a year-on-year decrease of 96.92%, and a net profit attributable to shareholders of -1.118 billion yuan, a decrease of 123.96% [2]. Stock Market Activity - As of October 22, Baili Tianheng's stock price was 355.38 yuan per share, with a market capitalization of 146.727 billion yuan. The stock experienced a net outflow of 4.9302 million yuan in principal funds [1]. - The trading volume included a total transaction of 134 million yuan, with a turnover rate of 0.36% [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders increased by 4.25% to 4,780, with an average of 21,525 circulating shares per person, up by 7.19% [2][3]. - Notable changes in institutional holdings include a decrease in shares held by Huaxia SSE Sci-Tech Innovation 50 ETF and an increase in shares held by China Europe Medical Health Mixed A [3].