Stone Technology closes slightly lower on April 7th, with net main capital outflow exceeding 20 million yuan. The capital flow over the past five days has attracted attention.

Stone Technology (688169) has recently shown slight fluctuations in its stock price. On April 7, it closed at 114.1 yuan, down 0.61% from the previous trading day. Trading was active on the day, with a turnover rate of 1.02%, a trading volume of 26.5k lots, and total transaction value of 303 million yuan. Fund flow data shows that main funds had a net outflow of 20.77.98 million yuan, accounting for 6.86% of the total transaction value; funds from other large traders had a net inflow of 897.7k yuan, accounting for 0.3%; and retail funds had a net inflow of 19.88.21 million yuan, accounting for 6.56%.

According to the latest financial report, Stone Technology recorded operating revenue of 12.066 billion yuan in the first three quarters of 2025, up 72.22% year over year. However, net profit attributable to shareholders was 1.038 billion yuan, down 29.51% year over year; net profit after deducting non-recurring items was 835 million yuan, down 29.63%. By quarter, the company’s performance in the third quarter showed some rebound, with single-quarter revenue of 4.163 billion yuan, up 60.71% year over year; net profit attributable to shareholders of 360 million yuan, up 2.51% year over year; and net profit after deducting non-recurring items of 335 million yuan, up 3.05% year over year. The company’s debt-to-asset ratio remained at a relatively low level of 28.67%; investment income was 85.9288 million yuan; financial expenses were -179 million yuan; and gross margin was 43.73%.

Stone Technology’s main business focuses on the design, research and development, production, and sales of smart hardware such as intelligent cleaning robots. Recently, institutions’ ratings of this stock have generally been positive. Within the past 90 days, a total of 10 institutions issued ratings: 9 gave a “Buy” rating, 1 gave a “Increase” rating, and the target average price was 194.16 yuan.

The statistical method for fund flow is based on inferring capital movements from price changes. When the stock price rises, the transaction value generated by active buy orders is regarded as capital inflow; when the stock price falls, the transaction value generated by active sell orders is regarded as capital outflow. The difference between the two is the net force that drives the stock price upward. Main funds usually refer to trades of very large orders; other large traders are large-order participants; and retail investors refer to trades of small and medium-sized orders.