Xin Lang Cai Jing·2025-10-14 04:33Core Viewpoint - Luoyang Molybdenum Co., Ltd. has shown significant trading activity and financial performance, with notable increases in net profit despite a decrease in revenue, indicating potential investment opportunities in the company [1][2]. Trading Activity - On October 13, Luoyang Molybdenum's stock rose by 3.11%, with a trading volume of 6.811 billion yuan. The financing buy-in amounted to 711 million yuan, while financing repayment was 637 million yuan, resulting in a net financing buy of 73.57 million yuan. The total financing and securities balance reached 2.984 billion yuan [1]. - The financing balance of Luoyang Molybdenum on the same day was 2.956 billion yuan, accounting for 0.98% of the circulating market value, which is above the 90th percentile level over the past year, indicating a high level of financing activity [1]. - In terms of securities lending, 40,900 shares were repaid, while 142,900 shares were sold, amounting to 2.4636 million yuan in sales. The remaining securities lending volume was 1.6303 million shares, with a balance of 28.1064 million yuan, also exceeding the 90th percentile level over the past year [1]. Company Overview - Luoyang Molybdenum Co., Ltd. was established on December 22, 1999, and listed on October 9, 2012. The company 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 product trading (48.56%), concentrate product trading (38.31%), copper (27.14%), cobalt (6.04%), molybdenum (3.12%), phosphorus (2.23%), niobium (1.88%), tungsten (1.17%), and others (0.11%) [2]. Financial Performance - For the first half of 2025, Luoyang Molybdenum reported a revenue of 94.773 billion yuan, a year-on-year decrease of 7.83%. However, the net profit attributable to shareholders was 8.671 billion yuan, reflecting a year-on-year increase of 60.07% [2]. - The company has distributed a total of 21.562 billion yuan in dividends since its A-share listing, with 10.576 billion yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders in Luoyang Molybdenum was 237,500, a decrease of 15.95% from the previous period. The average circulating shares per person remained at 0 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 648 million shares, an increase of 69.4089 million shares from the previous period. Other notable shareholders include Huaxia SSE 50 ETF and Huatai-PineBridge CSI 300 ETF, which also increased their holdings [3].