Sinomine(SZ:002738) Xin Lang Cai Jing·2025-10-23 01:31Core Viewpoint - Zhongkuang Resources has shown a mixed performance in recent trading, with a slight increase in stock price but a net outflow in financing activities, indicating potential investor caution amid fluctuating financial results [1][2]. Financing Activities - On October 22, Zhongkuang Resources recorded a financing buy-in of 101 million yuan, with a financing repayment of 103 million yuan, resulting in a net financing outflow of 1.61 million yuan [1]. - The total financing balance as of October 22 is 16.58 billion yuan, with the financing balance accounting for 4.74% of the circulating market value, which is above the 90th percentile of the past year [1]. - In terms of securities lending, 2,000 shares were repaid while 59,100 shares were sold, amounting to 2.85 million yuan in sales, with a remaining short position of 146,200 shares valued at 7.06 million yuan, indicating a lower level compared to the 40th percentile of the past year [1]. Financial Performance - For the first half of 2025, Zhongkuang Resources reported a revenue of 3.267 billion yuan, reflecting a year-on-year growth of 34.89%, while the net profit attributable to shareholders decreased by 81.16% to 89.13 million yuan [2]. - Cumulatively, the company has distributed 1.728 billion yuan in dividends since its A-share listing, with 1.592 billion yuan distributed over the past three years [3]. Shareholder Structure - As of June 30, 2025, the number of shareholders increased to 65,900, with an average of 10,786 circulating shares per person, a decrease of 3.67% from the previous period [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 16.4078 million shares, an increase of 786,000 shares, while the Southern CSI 500 ETF increased its holdings by 1.4403 million shares to 10.7406 million shares [3].