China Fund News Jiang You
Today is the closing day of April, and after several days of rebound, the market has been volatile this morning.
Today is also the last intensive disclosure day of the annual report and quarterly report, a number of companies' performance broke out to set off a tide of price limits, and some companies have exposed the situation in the last few days, and the stock hat ST has suffered a 20% (20CM) drop limit, and there is a continuous plunge facing the risk of delisting at face value.
At the close of trading in the morning, the Shanghai Composite Index edged down 0.12%, the Shenzhen Component Index fell 0.63%, the ChiNext Index fell 1.25%, and the Science and Technology Innovation 50 Index fell 1.1%, with 3,640 stocks falling and 1,573 rising.
In terms of industry sectors, home appliances, coal, petroleum, textiles and garments, and electricity were among the top gainers, while tourism, mineral products, hotels and restaurants fell sharply.
The performance broke out, and Changshu Bank rose nearly 7%
In the last intensive disclosure period of results, after the release of a quarterly report, many shares continue to rise or limit today. Nanguo Real Estate, Haoneng Shares, Kaizhong Precision, Zhengzhong Design, etc., the stock price has continued to rise and fall after the release of a quarterly report or after today's release.
Bank stock Changshu Bank reported a gratifying performance in the first quarter, and its share price also rose nearly 7%. In the first quarter of 2024, Changshu Bank's total operating income was 2.7 billion yuan, a year-on-year increase of 12.01%, the net profit attributable to the parent company was 952 million yuan, a year-on-year increase of 19.8%, the basic EPS was 0.35 yuan, and the average ROE was 3.69%.
ST Lingda and *ST Mid-range wear a cap of 20% and *ST Baoli are facing the risk of delisting
Of course, there are also unsatisfactory performance and other aspects, ST Lingda, *ST medium-range encountered ST hats, and the stock price fell by 20%. *ST Baoli has continued to plummet, and the stock price continues to be below par value and may be delisted.
On April 27, Lingda announced that Grant Thornton Certified Public Accountants (Special General Partnership) issued the "2023 Internal Control Assurance Report" with a negative opinion and the "2023 Annual Audit Report" with a paragraph of "material uncertainties related to continuing operations".
The company's net profit attributable to shareholders of listed companies from 2021 to 2023 will be -71,029,407.64 yuan, -16,927,967.46 yuan and -261,992,536.94 yuan respectively, and the company's net profit attributable to shareholders of listed companies from 2021 to 2023 after deducting non-recurring gains and losses will be -95,944,853.14 yuan, -19,469,906.57 yuan and -276,009,157.62 yuan respectively.
According to Item (4) of Article 9.4 of the Risk Alert of Chapter 9 of the Rules for the Listing of Stocks on the Growth Enterprise Market of the Shenzhen Stock Exchange, "the Company has been issued an internal control audit report or assurance report with no opinion or negative opinion in the most recent year" and Item (6) of Article 9.4 "The Company's net profit before and after deducting non-recurring gains and losses in the last three fiscal years is negative, whichever is lower, and the audit report of the most recent year shows that there is uncertainty about the Company's ability to continue operations", the Company's shares will be subject to other risk warnings (ST).
Today, "Lingda shares" was changed to "ST Lingda", and the word fell in the morning.
*ST medium-range is also a matter of financial indicators to wear a cap. The company's net assets at the end of 2023 are negative, and the net profit index has been negative for three consecutive years and has been issued a non-standard opinion by the accounting firm. The stock also wore a cap, from Qingdao medium-range to *ST medium-range, and it was also down after the morning open.
*ST Baoli, not only wearing a hat, the stock price has closed below the par value of 1 yuan for 10 consecutive trading days, if it is lower than 1 yuan for 20 consecutive trading days, the delisting of the par value will be triggered.
*ST Baoli said that as of April 29, 2024, the closing price of the stock was below 1 yuan for ten consecutive trading days, and there is a risk that the company's shares may be terminated due to the stock price being lower than the par value.
Net profit plummeted 83% in the first quarter, and 100 billion Changan Automobile hit the intraday limit
Changan Automobile, which has a market value of more than 100 billion yuan, plummeted in the first quarter, hit the fall limit this morning, and closed down 9.23% in the morning. In the first quarter of 2024, Changan Automobile's operating income was 37.023 billion yuan, a year-on-year increase of 7.14%, and the net profit attributable to the parent company was 1.158 billion yuan, a year-on-year decrease of 83.39%.
Editor: Captain
Review: Muyu