B-SOFT(SZ:300451) Sou Hu Cai Jing·2025-12-12 13:37Core Viewpoint - The stock of Chuangyue Huikang (300451) has shown a decline in both price and financial performance, indicating potential challenges ahead for the company in the software development industry [1][3]. Financial Performance - As of December 12, 2025, Chuangyue Huikang's stock closed at 4.81 yuan, down 0.41% with a trading volume of 235,200 shares and a total transaction value of 113 million yuan [1]. - For the first three quarters of 2025, the company's main revenue was 862 million yuan, a year-on-year decrease of 26.26%, and the net profit attributable to shareholders was -122 million yuan, a decline of 331.69% [3]. - In Q3 2025 alone, the company reported a single-quarter main revenue of 285 million yuan, down 35.5% year-on-year, and a net profit of -41.67 million yuan, a decrease of 264.2% [3]. Market Position and Ratios - Chuangyue Huikang's total market capitalization is 7.451 billion yuan, significantly lower than the software development industry average of 12.464 billion yuan, ranking 84th out of 195 companies [3]. - The company's price-to-earnings ratio (P/E) is -45.72, while the industry average is 120.73, indicating a negative earnings situation [3]. - The gross margin stands at 49.87%, which is above the industry average of 43.84%, ranking 73rd out of 195 [3]. Investment Sentiment - In the last 90 days, two institutions have rated the stock as a buy, with an average target price of 6.05 yuan [4]. - On December 12, 2025, the net inflow of main funds was 8.137 million yuan, accounting for 7.17% of the total transaction value, while retail investors saw a net outflow of 6.5297 million yuan, representing 5.75% of the total [1][2].