Lianming Shares: Net profit in the first quarter of 2024 was 13.7955 million yuan, a year-on-year decrease of 49.38%

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Lianming Shares (603006) disclosed its first quarter report for 2024 on April 26. In the first quarter of 2024, the company achieved total operating income of 170 million yuan, a year-on-year decrease of 28.70%; net profit attributable to the parent company was 13.7955 million yuan, a year-on-year decrease of 49.38%; non-net profit after deduction was 9.9999 million yuan, a year-on-year decrease of 50.67%; Net cash flow was 3.697 million yuan, a year-on-year decrease of 92.12%; during the reporting period, Lianming\’s basic earnings per share was 0.05 yuan, and the weighted average return on net assets was 0.95%.

Lianming Shares (603006) disclosed its first quarter report for 2024 on April 26.

In the first quarter of 2024, the company achieved total operating income of 170 million yuan, a year-on-year decrease of 28.70%; net profit attributable to the parent company was 13.7955 million yuan, a year-on-year decrease of 49.38%; non-net profit after deduction was 9.9999 million yuan, a year-on-year decrease of 50.67%; Net cash flow was 3.697 million yuan, a year-on-year decrease of 92.12%; during the reporting period, Lianming\’s basic earnings per share was 0.05 yuan, and the weighted average return on net assets was 0.95%.

In the first quarter of 2024, the company\’s gross profit margin was 21.79%, a decrease of 0.50 percentage points year-on-year; the net profit margin was 7.36%, a decrease of 4.69 percentage points from the same period last year.

Data show that the company\’s weighted average return on net assets in the first quarter of 2024 was 0.95%, a decrease of 0.93 percentage points from the same period last year; the company\’s return on invested capital in the first quarter of 2024 was 0.61%, a decrease of 0.96 percentage points from the same period last year. .

As of the end of the first quarter of 2024, the company\’s net cash flow from operating activities was 3.697 million yuan, a year-on-year decrease of 92.12%; the net cash flow from financing activities was 0 yuan, a year-on-year increase of 7.84 million yuan; the net cash flow from investing activities was 43.1219 million yuan, up The same period last year was 9.186 million yuan.

In the first quarter of 2024, the company\’s operating income cash ratio was 148.15% and the net cash ratio was 26.80%.

In terms of major changes in assets, as of the end of the first quarter of 2024, the company\’s accounts receivable decreased by 26.86% from the end of the previous year, and the proportion of the company\’s total assets decreased by 3.87 percentage points; monetary funds increased by 9.75% from the end of the previous year, and the proportion of the company\’s total assets increased by 2.79 percentage points; trading financial assets decreased by 59.91% from the end of the previous year, and the proportion of the company\’s total assets decreased by 2.62 percentage points; other receivables (including interest and dividends) increased by 214.49% from the end of the previous year, and the proportion of the company\’s total assets increased by 1.59 percentage points .

In terms of major changes in liabilities, as of the end of the first quarter of 2024, the company\’s accounts payable decreased by 28.35% from the end of the previous year, and the proportion of the company\’s total assets decreased by 3.06 percentage points; notes payable increased by 47.37% from the end of the previous year, and the proportion of the company\’s total assets increased by 2.31 percentage points. percentage points; taxes payable decreased by 57.32% compared with the end of the previous year, and the proportion of the company\’s total assets decreased by 1.01 percentage points; employee compensation payable decreased by 33.45% from the end of the previous year, and the proportion of the company\’s total assets decreased by 0.32 percentage points.

The first quarter report shows that among the company\’s top ten tradable shareholders at the end of the first quarter of 2024, the new shareholders are Zhang Meihua, CITIC CLSA Asset Management Co., Ltd. – Client Funds, Fang Yanzhen, ChinaAMC CSI 500 Index Enhanced Securities Investment Fund, Xu Pengxiang, and Ni Haobing, replacing China International Capital Corporation, CITIC Securities Co., Ltd., MORGAN STANLEY & CO. INTERNATIONAL PLC., Zhang Yufeng, Lu Longyuan and Wang Jianbin were listed at the end of last year.

In terms of specific shareholding ratio, Ye Ping’s shareholding has declined.

In terms of chip concentration, as of the end of the first quarter of 2024, the total number of shareholders of the company was 16,600, an increase of 203 from the end of the previous year, an increase of 1.23%; the average shareholding value of each household increased from 199,800 yuan at the end of the previous year to 223,600 Yuan, an increase of 11.91%.

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