SJI(SZ:000975) Sou Hu Cai Jing·2025-11-18 12:25Core Viewpoint - The stock of Shanjin International (000975) has experienced a decline in price and significant net outflow of funds, indicating potential investor concerns despite strong financial performance in recent quarters [1][2]. Financial Performance - For the first three quarters of 2025, Shanjin International reported a main operating revenue of 14.996 billion yuan, a year-on-year increase of 24.23% [2] - The net profit attributable to shareholders was 2.46 billion yuan, up 42.39% year-on-year [2] - The third quarter alone saw a main operating revenue of 5.75 billion yuan, reflecting a 3.3% increase year-on-year, with a net profit of 864 million yuan, up 32.43% [2] Market Position - Shanjin International's total market capitalization is 55.784 billion yuan, ranking third in the precious and non-ferrous metal industry [2] - The company has a price-to-earnings ratio (P/E) of 17.01, significantly lower than the industry average of 42.01, indicating a potentially undervalued stock [2] Fund Flow Analysis - On November 18, 2025, the stock saw a net outflow of 65.05 million yuan from main funds, which accounted for 12.36% of the total transaction volume [1] - Retail investors contributed a net inflow of 583.94 million yuan, representing 11.1% of the total transaction volume, suggesting strong retail interest despite institutional selling [1] Institutional Ratings - Over the past 90 days, 15 institutions have rated the stock, with 12 buy ratings and 3 hold ratings, indicating a generally positive outlook among analysts [3]