SJI(SZ:000975) Sou Hu Cai Jing·2025-10-30 15:25Core Viewpoint - The stock of Shanjin International (000975) has shown a decline of 1.93% as of October 30, 2025, with significant net outflows from major funds, indicating potential concerns among institutional investors [1][3]. Financial Performance - For the first three quarters of 2025, Shanjin International reported a main revenue of 14.996 billion yuan, a year-on-year increase of 24.23% [2]. - The net profit attributable to shareholders reached 2.46 billion yuan, up 42.39% year-on-year, while the net profit excluding non-recurring items was 2.446 billion yuan, reflecting a 36.96% increase [2]. - In Q3 2025 alone, the company achieved a main revenue of 5.75 billion yuan, a 3.3% increase year-on-year, and a net profit of 864 million yuan, up 32.43% year-on-year [2]. Market Position - Shanjin International's total market capitalization stands at 60.533 billion yuan, ranking third in the non-ferrous metal industry [2]. - The company has a price-to-earnings ratio (P/E) of 18.46, significantly lower than the industry average of 43.65, indicating a potentially undervalued stock [2]. - The company's return on equity (ROE) is 17.87%, which is higher than the industry average of 12.47%, showcasing strong profitability [2]. Fund Flow Analysis - On October 30, 2025, major funds experienced a net outflow of 67.215 million yuan, accounting for 10.8% of the total transaction volume, while retail investors saw a net inflow of 47.8813 million yuan, representing 7.69% of the total [1][3]. - Over the past five days, the stock has seen fluctuating fund flows, with notable outflows from major funds on several days, indicating mixed investor sentiment [1]. Institutional Ratings - In the last 90 days, 16 institutions have rated the stock, with 13 buy ratings and 3 hold ratings, suggesting a generally positive outlook among analysts [3]. - The average target price set by institutions for the stock is 23.56 yuan, indicating potential upside from the current trading price [3].