Xin Lang Cai Jing·2025-07-28 01:20Core Viewpoint - Luoyang Molybdenum Co., Ltd. is experiencing fluctuations in financing and stock performance, with a notable decrease in financing net purchases and a high level of short selling, indicating potential market concerns about the company's stock [1][2]. Financing Summary - On July 25, Luoyang Molybdenum had a financing buy amount of 146 million yuan and a financing repayment of 189 million yuan, resulting in a net financing outflow of 43.54 million yuan [1]. - The total financing balance as of July 25 is 1.989 billion yuan, which accounts for 1.23% of the circulating market value, indicating a low financing balance compared to the past year [1]. - The company’s short selling activity on the same day included a repayment of 93,600 shares and a sale of 56,400 shares, with a total selling amount of approximately 519,400 yuan, while the short selling balance is at 13.6 million yuan, exceeding the 90th percentile of the past year [1]. Company Overview - Luoyang Molybdenum, established on December 22, 1999, and listed on October 9, 2012, primarily engages in the mining, selection, deep processing, trading, and research of rare metals such as molybdenum, tungsten, and gold [2]. - The revenue composition of the company includes refined metal products (58.08%), concentrate products (30.34%), copper (19.65%), cobalt (4.10%), molybdenum (2.96%), and other minor contributions [2]. Financial Performance - For the first quarter of 2025, Luoyang Molybdenum reported a revenue of 46.006 billion yuan, a slight decrease of 0.25% year-on-year, while the net profit attributable to shareholders increased by 90.47% to 3.946 billion yuan [2]. Dividend Information - Since its A-share listing, Luoyang Molybdenum has distributed a total of 21.562 billion yuan in dividends, with 10.576 billion yuan distributed over the past three years [3]. Institutional Holdings - As of March 31, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 578 million shares, a decrease of 41.905 million shares from the previous period [3]. - Other notable shareholders include various ETFs, all of which have seen a reduction in their holdings compared to the previous period [3].