万里股份股价震荡下跌，盈利能力承压估值偏高

Group 1 - The core viewpoint of the news indicates that Wanli Co., Ltd. has experienced a volatile stock price performance, with a closing price of 14.06 yuan on February 12, 2026, reflecting a decrease of 0.78% on that day, and a cumulative increase of 2.03% over the past five days [1] - The stock has shown a fluctuation range of 3.88% in the recent period, with a net outflow of 765,200 yuan from institutional investors on February 12, while retail investors have shown a net inflow [1] - Technical analysis suggests that the stock has been in a bullish trend over the past five days but has underperformed compared to the industry average, with a 20-day resistance level at 14.31 yuan and a support level at 12.84 yuan [1] Group 2 - Financial indicators reveal that Wanli Co., Ltd. is under pressure regarding profitability, with a net profit of -33.1573 million yuan, representing a year-on-year decline of 32.86%, and an operating revenue of 359 million yuan, down 5.74% year-on-year [2] - The return on equity stands at -6.24%, reflecting a significant year-on-year drop of 62.5%, indicating poor profitability and insufficient revenue growth [2] Group 3 - According to valuation analysis, the relative valuation range for Wanli Co., Ltd. is between 11.74 and 12.98 yuan, with a low accuracy rating of C, suggesting that the current stock price is on the higher end of this range [3] - Institutional sentiment is neutral, with no significant changes in positive or negative ratings, and the market attention towards the company is generally moderate [3]