HSPC(SH:603353) Sou Hu Cai Jing·2026-01-12 11:16Core Viewpoint - The stock of Heshun Petroleum (603353) has shown a decline in both price and key financial metrics, indicating potential challenges in its operational performance and market position [1][3]. Group 1: Stock Performance - As of January 12, 2026, Heshun Petroleum closed at 27.7 yuan, down 0.4%, with a turnover rate of 4.4% and a trading volume of 75,000 hands, resulting in a transaction amount of 206 million yuan [1]. - The net outflow of main funds on January 12 was 23.13 million yuan, accounting for 11.21% of the total transaction amount, while retail investors saw a net inflow of 18.57 million yuan, representing 9.0% of the total [1][2]. Group 2: Recent Fund Flow Overview - Over the past five days, the stock has experienced fluctuating fund flows, with notable net outflows from main funds on January 9 and January 12, and a significant drop in stock price on January 8 [2]. - The net inflow from retail investors has been relatively stable, indicating some level of support from smaller investors despite the overall negative trend in main fund flows [2]. Group 3: Financial Metrics and Industry Comparison - Heshun Petroleum's total market value is 4.762 billion yuan, significantly lower than the industry average of 213.363 billion yuan, ranking 13th in the industry [3]. - The company reported a net profit of 21.81 million yuan for the first three quarters of 2025, a decline of 49.44% year-on-year, with a gross margin of 7.64%, which is below the industry average of 18.66% [3]. - The company's return on equity (ROE) stands at 1.32%, slightly above the industry average of 1.3%, but its price-to-earnings ratio (P/E) is significantly higher at 163.78 compared to the industry average of 36.03, indicating potential overvaluation [3].