美利云业绩扭亏股价反跌，市场环境与资金流向成主因

Core Viewpoint - Meili Cloud (000815) is expected to turn profitable in 2025, but its stock price experienced a decline on February 13, 2026, due to technical pullback pressure, market environment challenges, changes in capital flow, and the early digestion of the earnings forecast [1] Stock Price and Capital Performance - From February 9 to 12, Meili Cloud's stock price increased by 12.34%, reaching a peak of 16.53 yuan on February 12. On February 13, the stock price fell to 14.78 yuan, a single-day decline of 5.26%, attributed to profit-taking after consecutive gains. The turnover rate on that day was 18.88%, with a trading volume of 2.001 billion yuan, indicating significant short-term capital divergence [2] Market Environment - On February 13, the A-share market adjusted, with the Shanghai Composite Index dropping by 1.12% and the computer sector declining by 0.25%. External markets, such as the US tech stocks, faced a sharp decline the previous trading day (Nasdaq Index fell by 2.03%), which negatively impacted sentiment in the A-share tech sector. The IT service sector, to which Meili Cloud belongs, fell by 0.39%, with increased capital outflow exacerbating individual stock volatility [3] Capital Flow - On February 13, Meili Cloud experienced a net capital outflow of 258 million yuan, compared to a net inflow of 238 million yuan the previous day (February 12). The short-term capital outflow may amplify stock price volatility, despite improvements in the company's fundamentals, as market sentiment and capital dynamics significantly influence short-term trends [4] Recent Performance - On January 30, the company announced a profit turnaround forecast, expecting a net profit of 51 million to 76 million yuan for 2025. This positive news was gradually reflected in the stock price increase in early February, leading some investors to take profits before the official earnings disclosure [5]