Tong Petrotech(SZ:300164) Jing Ji Guan Cha Wang·2026-02-12 04:30Fund Flow - The stock has experienced multiple instances of net outflow of main funds since February 2026, with notable outflows of 183 million yuan on February 2 and 47.71 million yuan on February 5 [2] - Despite a 3.80% decline in stock price on February 9, there was a net inflow of 39.05 million yuan that day; however, the overall trend remains a net outflow over the past five days [2] Stock Price Movement - The stock showed a strong performance in January 2026, with a cumulative increase of over 133%, and a year-to-date increase of 101.09% as of February 12, 2026, with a high price-to-earnings ratio (TTM) of 102.46 [3] - The significant price increase has led to profit-taking by some main funds, contributing to the outflow of funds [3] Executive Shareholding Changes - On February 3, 2026, the company announced that Chairman Ren Yanzhong and President Yao Zhizhong plan to reduce their shareholdings, which may be interpreted by the market as a negative signal affecting investor confidence [4] Market Activity - The stock has been very active recently, with turnover rates exceeding 30%, reaching 41.29% on February 2, indicating increased market divergence and significant trading of shares [5] - Although some institutional funds have been buying during price declines, overall market sentiment appears cautious, with some funds opting to stay on the sidelines [5] Company Fundamentals - For the first three quarters of 2025, the company's revenue saw a slight decline of 0.82% year-on-year, while net profit attributable to shareholders increased by 16.84%, raising concerns about short-term growth momentum due to slowing revenue growth [6] - The oil service industry is significantly affected by fluctuations in international oil prices, and there are expectations of a downward shift in the oil price center for 2026, which may impact fund allocation enthusiasm in the sector [6]