招金黄金（000506）11月25日主力资金净卖出259.51万元

Core Viewpoint - As of November 25, 2025, Zhaojin Gold (000506) closed at 11.94 yuan, marking a 4.01% increase, with a trading volume of 232,500 hands and a turnover of 277 million yuan [1] Financial Performance - For the first three quarters of 2025, Zhaojin Gold reported a main revenue of 340 million yuan, a year-on-year increase of 119.51% [3] - The net profit attributable to shareholders was 82.16 million yuan, up 191.2% year-on-year [3] - The third quarter alone saw a main revenue of 144 million yuan, a 157.0% increase year-on-year, and a net profit of 37.47 million yuan, up 206.58% year-on-year [3] - The company’s gross profit margin stood at 45.13%, with a net profit margin of 32.13% [3] Market Position - Zhaojin Gold's total market capitalization is 11.09 billion yuan, ranking 10th in the precious metals industry [3] - The company has a price-to-earnings ratio (P/E) of 101.26, significantly higher than the industry average of 43.03, placing it 11th in the industry [3] - The price-to-book ratio (P/B) is 17.32, also ranking 11th in the industry [3] Capital Flow Analysis - On November 25, 2025, the net outflow of main funds was 2.60 million yuan, accounting for 0.94% of the total turnover, while retail investors saw a net inflow of 11.72 million yuan, representing 4.22% of the total turnover [1][2] - Over the past five days, the stock has experienced fluctuations in capital flow, with notable net outflows from main and speculative funds on several days [2] Institutional Ratings - In the last 90 days, two institutions have given Zhaojin Gold a rating of "buy" [4]