CSI Intelligent Financial Information Absen (300389) disclosed its first quarter report for 2024 on April 26.
In the first quarter of 2024, the company achieved total operating income of 864 million yuan, a year-on-year increase of 21.87%; net profit attributable to the parent company was 70.965 million yuan, a year-on-year decrease of 10.28%; non-net profit after deduction was 50.0048 million yuan, a year-on-year decrease of 29.06%; Net cash flow was -22.7638 million yuan, compared with 109 million yuan in the same period last year; during the reporting period, Absen\’s basic earnings per share was 0.195 yuan, and the weighted average return on net assets was 4.83%.
In the first quarter of 2024, the company\’s gross profit margin was 30.40%, a decrease of 3.91 percentage points year-on-year; the net profit margin was 7.84%, a decrease of 3.28 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 4.83%, a decrease of 1.60 percentage points from the same period last year; the company\’s return on invested capital in the first quarter of 2024 was 4.37%, a decrease of 1.75 percentage points from the same period last year. .
In the first quarter of 2024, the company\’s net cash flow from operating activities was -22.7638 million yuan, a year-on-year decrease of 131 million yuan; the net cash flow from financing activities was -85.6554 million yuan, a year-on-year decrease of 97.6645 million yuan; the net cash flow from investing activities was -6347.40 million, compared with -9.2433 million yuan in the same period last year.
In the first quarter of 2024, the company\’s operating income cash ratio was 120.98%, and the net cash ratio was -32.08%.
In terms of major changes in assets, as of the end of the first quarter of 2024, the company\’s inventory increased by 12.02% from the end of the previous year, and its proportion in the company\’s total assets increased by 2.15 percentage points; trading financial assets increased by 40.32% from the end of the previous year, and its proportion in the company\’s total assets increased by 2.08 percentage points. percentage points; monetary funds decreased by 10.23% compared with the end of the previous year, and the proportion of the company\’s total assets decreased by 1.90 percentage points; accounts receivable decreased by 6.45% from the end of the previous year, and the proportion of the company\’s total assets decreased by 1.29 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 32.46% from the end of the previous year, and the proportion of the company\’s total assets decreased by 8.85 percentage points; notes payable increased by 42.60% from the end of the previous year, and the proportion of the company\’s total assets increased by 8.39 percentage points. percentage points; taxes payable decreased by 62.73% compared with the end of the previous year, and the proportion of the company\’s total assets decreased by 0.71 percentage points; employee compensation payable decreased by 11.30% from the end of the previous year, and the proportion of the company\’s total assets decreased by 0.40 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 Hong Kong Securities Clearing Company Limited and Wells Fargo Innovation Technology Hybrid Securities Investment Fund, replacing Shenzhen Absen Optoelectronics Co., Ltd. at the end of the previous year – 2022 Employee Stock Ownership Plan, Shenzhen Absen Optoelectronics Co., Ltd.-2023 Employee Stock Ownership Plan, Basic Pension Insurance Fund 2006 Portfolio, Dacheng CSI 360 Internet + Big Data 100 Index Securities Investment Fund.
In terms of specific shareholding ratio, the shareholdings of Huaan Exquisite Life Mixed Securities Investment Fund have increased.
In terms of chip concentration, as of the end of the first quarter of 2024, the total number of shareholders of the company was 13,800, a decrease of 3,203 households, or 18.87%, from the end of the previous year; the average shareholding value of each household increased from 371,700 yuan at the end of the previous year to 438,600 yuan, an increase of 18.00%.
