协创数据

From the candlestick chart, Xiechuang Data stabilized and rebounded around 210 yuan after adjustments at the end of May, closing with consecutive bullish candles over the past three days. Today, it gapped up at the open and closed at 277.93 yuan, up 4.12%, forming a breakout pattern. The MA5 crossed above the MA20 to form a golden cross (MA5=249.42, MA20=242.12), and the moving averages are beginning to align bullishly. The MACD histogram has significantly expanded to 7.13 from 2.37 the previous day, indicating strong bullish momentum. The RSI(14) is at 63.46, in the bullish zone without being overbought, leaving room for further upside. Trading volume is active. Short-term resistance is seen at the 300 yuan integer level and the previous high of 301.9 yuan, while support is currently around 270 yuan. The technical picture shows a strong upward trend, with further upside expected.

Fundamental score of 72, rated moderately high. The company shows strong growth momentum: revenue grew 192.9% YoY to RMB 6.085 billion, net profit surged 343.45% YoY to RMB 750 million, net profit margin reached 12.28%, pushing ROE to a high level of 15.66%. However, behind the high growth, hidden risks require close attention. First, valuation pressure: the current P/E (TTM) is 44.84x and P/B is as high as 26.29x, which have largely priced in earnings expectations. Second, financial safety margin: the debt-to-asset ratio is 85.89%, far above the industry comfort zone, high

The recent public sentiment news provided consists of overall A-share market reports, such as discussions on A-share main themes, A50 rebalancing, MLCC shortage, US-Iran relations, etc. All sentiment labels are neutral, and there is no direct news, announcements, or industry dynamics regarding Xiechuang Data (300857). Lacking company-level or directly relevant industry information, it is impossible to determine its specific sentiment tendency. Based on existing data, maintain a neutral assessment and recommend focusing on subsequent company-specific news.

From a capital flow perspective, detailed data such as net inflow of major funds and block trades are currently unavailable, so inferences can only be drawn from publicly available turnover, turnover rate, and price-volume relationships. Today (2026-06-18), the stock's turnover reached 61.02 billion yuan, with a turnover rate of 4.55%, indicating active trading, but lower than the previous day (June 17) when the turnover was approximately 9.57 billion yuan (estimated), suggesting reduced willingness to chase highs. The 60-day candlestick chart shows that since the rally began in mid-April, the stock price rose from around 150 yuan to over 300 yuan, accompanied by volume expansion, such as turnover exceeding 4 billion yuan on April 15 and over 4.1 billion yuan on April 22, typical of capital-driven characteristics. After a recent pullback to 209 yuan, the price rebounded, with the MACD histogram turning from negative to positive (2.37 on June 17, 7.13 today), and RSI rising to 63.46, indicating short-term bullish momentum. However, volume failed to expand during the rebound; today's turnover rate of 4.55% is lower than the previous peak period (e.g., around 8.5% on April 22), suggesting that funds may be mainly engaged in existing stock trading, with limited new capital inflow. Overall, trading activity is acceptable, and technical indicators are bullish.