SHANYING INTERNATIONAL(SH:600567) Sou Hu Cai Jing·2025-11-07 11:47Core Viewpoint - The financial performance of Shanying International (600567) shows a decline in revenue and profit, with significant net outflows from major funds, indicating potential challenges ahead for the company [1][2][3]. Financial Performance - As of November 7, 2025, Shanying International's stock closed at 1.79 yuan, with a trading volume of 1.0568 million hands and a total transaction value of 189 million yuan [1]. - For the first three quarters of 2025, the company's main revenue was 21.133 billion yuan, a year-on-year decrease of 2.17%, and the net profit attributable to shareholders was -290 million yuan, a year-on-year decline of 522.74% [2]. - The company's third-quarter revenue was 7.291 billion yuan, down 0.77% year-on-year, with a net profit of -331 million yuan, a decrease of 636.03% year-on-year [2]. Market Position - Shanying International's total market value is 10.41 billion yuan, ranking 4th in the paper and printing industry, while its net assets are 17.017 billion yuan, ranking 2nd [2]. - The company's price-to-earnings ratio is -26.96, and its price-to-book ratio is 0.66, indicating a challenging profitability situation compared to industry averages [2]. Fund Flow Analysis - On November 7, 2025, the net outflow of major funds was 6.4385 million yuan, accounting for 3.4% of the total transaction value, while retail investors saw a net inflow of 5.7149 million yuan, representing 3.02% of the total [1]. - Over the past five days, the trend shows fluctuating fund flows, with significant net outflows from major funds on multiple days [1]. Analyst Ratings - In the last 90 days, three institutions provided ratings for Shanying International, with one buy rating and two hold ratings, and the average target price set at 2.0 yuan [3].