CSI Intelligent Finance Yuxin Co., Ltd. (002986) disclosed its first quarter report for 2024 on April 26.
In the first quarter of 2024, the company achieved total operating income of 1.818 billion yuan, a year-on-year increase of 22.87%; net profit attributable to the parent company was 73.0692 million yuan, a year-on-year decrease of 31.78%; non-net profit after deduction was 70.5921 million yuan, a year-on-year decrease of 31.83%; Net cash flow was -223 million yuan, compared with 10.0263 million yuan in the same period last year; during the reporting period, Yuxin\’s basic earnings per share was 0.1948 yuan, and the weighted average return on net assets was 1.92%.
In the first quarter of 2024, the company\’s gross profit margin was 19.43%, a year-on-year increase of 6.27 percentage points; the net profit margin was 3.98%, a decrease of 2.95 percentage points from the same period last year.
Data shows that the company\’s weighted average return on net assets in the first quarter of 2024 was 1.92%, a decrease of 2.16 percentage points from the same period last year; the company\’s return on invested capital in the first quarter of 2024 was 1.39%, a decrease of 1.76 percentage points from the same period last year. .
In the first quarter of 2024, the company\’s net cash flow from operating activities was -223 million yuan, a year-on-year decrease of 233 million yuan; net cash flow from financing activities was 464 million yuan, a year-on-year increase of 435 million yuan; net cash flow from investing activities was -971 million yuan, compared with -263 million yuan in the same period last year.
In the first quarter of 2024, the company\’s operating income cash ratio was 94.76%, and the net cash ratio was -304.71%.
In terms of major changes in assets, as of the end of the first quarter of 2024, the company\’s monetary funds decreased by 50.86% compared with the end of the previous year, and the proportion of the company\’s total assets decreased by 12.30 percentage points; trading financial assets increased by 923.72% from the end of the previous year, and the proportion of the company\’s total assets increased by 7.24% percentage points; construction in progress increased by 34.95% compared with the end of the previous year, and the proportion of the company\’s total assets increased by 4.76 percentage points; accounts receivable increased by 146.55% from the end of the previous year, and the proportion of the company\’s total assets increased by 3.74 percentage points.
In terms of major changes in liabilities, as of the end of the first quarter of 2024, the company\’s long-term borrowings increased by 60.00% from the end of the previous year, and the proportion of the company\’s total assets increased by 5.70 percentage points; employee compensation payable decreased by 99.27% from the end of the previous year, and the proportion of the company\’s total assets decreased by 0.65 percentage points. percentage points; notes payable decreased by 12.66% compared with the end of the previous year, and the proportion of the company\’s total assets decreased by 0.78 percentage points; short-term loans increased by 43.86% from the end of the previous year, and the proportion of the company\’s total assets increased by 0.34 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, Hu Xiannian holds the largest share, accounting for 6.07%.
The list of the top ten tradable shareholders remains unchanged compared to the 2023 annual report.
In terms of specific shareholding ratios, Hu Xiannian, Zeng Zhenghuan, Ni Yubei, Zhang Linfeng, Wang Huanhuan, Harvest Fund-DaJia Life Insurance Co., Ltd.-Traditional Insurance-Harvest Fund-DaJia Life Long-term Value Stock Portfolio Single Asset Management Plan, Abama Enjoy Dividends The shareholdings of No. 58 Private Securities Investment Fund, Harvest Value Advantage Hybrid Securities Investment Fund, Zheng Wenqing, and Hu Fenghua decreased.
In terms of chip concentration, as of the end of the first quarter of 2024, the total number of shareholders of the company was 10,400, a decrease of 33 shareholders, or 0.32%, from the end of the previous year; the average shareholding value of each household dropped from 574,200 yuan at the end of the previous year to 503,700 yuan, a decrease of 12.28%.
