Xin Lang Cai Jing·2025-08-21 01:24Core Viewpoint - Luoyang Molybdenum Co., Ltd. shows mixed financial performance with a slight decrease in revenue but a significant increase in net profit, indicating potential resilience in profitability despite revenue challenges [2][3]. Financing Summary - On August 20, Luoyang Molybdenum's financing buy amounted to 186 million yuan, while financing repayment was 194 million yuan, resulting in a net financing outflow of 7.61 million yuan [1]. - The total financing balance as of August 20 was 1.93 billion yuan, representing 1.00% of the circulating market value, which is below the 30th percentile level over the past year, indicating a low financing level [1]. - The company had a securities lending balance of 17.68 million yuan, with a lending volume of 161,500 shares, which is above the 90th percentile level over the past year, indicating a high level of short selling [1]. Business Overview - Luoyang Molybdenum, established on December 22, 1999, and listed on October 9, 2012, primarily engages in the mining, processing, and trading of rare metals such as molybdenum, tungsten, and gold [2]. - The revenue composition includes refined metal products (58.08%), concentrate products (30.34%), copper (19.65%), cobalt (4.10%), and other metals, indicating a diversified product portfolio [2]. Shareholder and Dividend Information - The company has distributed a total of 21.56 billion yuan in dividends since its A-share listing, with 10.58 billion yuan distributed over the last three years [3]. - As of March 31, 2025, the number of shareholders decreased to 282,600, with no circulating shares per person [2][3]. - Major institutional shareholders have reduced their holdings, with Hong Kong Central Clearing Limited holding 578 million shares, down by 41.90 million shares [3].