SCIE(SH:600546) Sou Hu Cai Jing·2025-11-10 11:28Group 1 - The stock of Shanmei International (600546) closed at 11.68 yuan on November 10, 2025, with no change in price, a turnover rate of 1.74%, a trading volume of 344,100 hands, and a transaction amount of 405 million yuan [1] - On November 10, the net outflow of main funds was 9.04 million yuan, accounting for 2.23% of the total transaction amount, while retail investors had a net inflow of 45.39 million yuan, accounting for 11.20% of the total transaction amount [1] - Over the past five days, the stock has seen fluctuations in fund flows, with notable net outflows from main and speculative funds, while retail investors consistently showed net inflows [1] Group 2 - Shanmei International's total market value is 23.155 billion yuan, with a net asset value of 20.457 billion yuan and a net profit of 1.046 billion yuan, ranking 13th in the coal industry [2] - The company's financial performance for the first three quarters of 2025 shows a significant decline, with total revenue of 15.332 billion yuan, down 30.2% year-on-year, and a net profit decrease of 49.74% [2] - The third quarter of 2025 reported a single-quarter revenue of 5.673 billion yuan, down 28.27% year-on-year, and a net profit of 391 million yuan, down 50.53% [2] Group 3 - In the last 90 days, 10 institutions have rated the stock, with 5 buy ratings and 5 hold ratings, and the average target price set at 11.69 yuan [3] - The concept of fund flow is explained as the difference between the buying and selling pressures, with the net force driving the stock price upward being defined as fund inflow [3][4]