Yuxin Shares: Net profit in the first quarter of 2024 was 73.0692 million yuan, a year-on-year decrease of 31.78%

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%.

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%.

Like (0)
Previous April 25, 2024 8:00 pm
Next April 25, 2024 8:01 pm

Related posts

  • Closing: U.S. stocks closed slightly lower, with the Dow briefly breaking through the 40,000-point mark

    In the early morning of the 17th, Beijing time, U.S. stocks closed slightly lower on Thursday

    US stock news May 17, 2024
  • Xiaomo is bearish on the US stock earnings season: the positive sentiment has already digested the expected decline in profits of most companies in advance

    As the first-quarter earnings season of the U.S. stock market slowly opened last week, JPMorgan Chase , which has always been bearish on the prospects of U.S. stocksAnother pessimistic warning. JP Morgan strategists are not optimistic about the outlook for corporate earnings this earnings season, believing that except for a few technology giants, most U.S. stock companies will see an overall decline in earnings. They also believe that even if U.S. stock companies perform well in earnings, it will be difficult to push U.S. stocks higher because most of the optimism has been digested in advance. Xiaomo Mo’s pessimistic outlook on Q1 earnings season The team of Mislav Matejka, head of global equity strategists at JPMorgan Chase, wrote in a report that they have lowered their profit expectations for the first quarter of U.S. stock companies. Strategists said first-quarter earnings for most companies in the S&P 500 are expected to decline across the board after excluding several technology giants. Matejka also noted that investor positioning looks “very tight” as the S&P 500 index has risen to a record high. He…

    US stock news April 15, 2024
  • Mcap of six of top-10 most valued firms declines by ₹1.73 lakh crore; HDFC, LIC major laggards

    The combined market valuation of six of the top-10 most valued firms eroded by ₹1,73,097.59 crore last week, with HDFC Bank and Life Insurance Corporation of India taking the maximum hit in line with weak equities.

    US stock news May 13, 2024
  • NIO Li Bin: The executive sedan market is a difficulty that Chinese brands must overcome to break through | 2024 Beijing Auto Show

    NIO CEO Li Bin and co-founder Qin Lihong may be the executives of automobile companies who appear most frequently in media interviews, often on a quarterly or even monthly basis. On the first day of the Beijing Auto Show on April 25, Li Bin and Qin Lihong accepted interviews including Jiemian News after the launch of the ET7 executive version.

    US stock news April 25, 2024
  • ↑6.4%! Shenzhen’s first quarter economic “report card” is here

    According to the latest data released by the Shenzhen Bureau of Statistics, according to the unified accounting results of Guangdong Province’s GDP, Shenzhen’s GDP in the first quarter of 2024 was 831.498 billion yuan, a year-on-year increase of 6.4%. Among them, the added value of the primary industry was 498 million yuan, a year-on-year increase of 0.6%; the added value of the secondary industry was 281.232 billion yuan, a year-on-year increase of 10.3%; the added value of the tertiary industry was 549.768 billion yuan, a year-on-year increase of 4.5%.

    US stock news April 25, 2024
  • Chengyi Pharmaceutical: Net profit will increase by 0.81% year-on-year in 2023, with plans to send 2 yuan per 10 pieces

    Chengyi Pharmaceutical (603811) disclosed its 2023 annual report on April 26. In 2023, the company achieved operating income of 672 million yuan, a year-on-year increase of 2.54%; net profit attributable to the parent company was 163 million yuan, a year-on-year increase of 0.81%; non-net profit after deducting 155 million yuan, a year-on-year increase of 10.6%; net cash flow generated from operating activities was 195 million yuan, a year-on-year increase of 17.38%; during the reporting period, Chengyi Pharmaceutical’s basic earnings per share was 0.5 yuan, and the weighted average return on net assets was 14.35%. The company\’s 2023 distribution plan is: It plans to distribute 2 yuan (tax included) to all shareholders for every 10 shares.

    US stock news April 25, 2024