Xinji Energy Shareholder Count Falls to 70,000, Down 5.41%; Stock Drops 10.62%
Xinji Energy reported on August 3 that its shareholder count fell to 70,000 as of July 31, down 4,000 from July 20, a 5.41% decline. The stock closed at RMB 9.34 on that day, down 4.60%, and has fallen 10.62% since the reduction. Margin financing balance stood at RMB 377 million on July 31, down 0.54% since the reduction. In the first quarter, revenue rose 23.96% to RMB 3.607 billion, net profit rose 3.08% to RMB 548 million, with EPS of RMB 0.2120 and ROE of 3.19%.
Xinji Energy disclosed on August 3 that its number of shareholders stood at 70,000 as of July 31, down 4,000 from the previous period (July 20), a decrease of 5.41%. On August 3, the stock closed at RMB 9.34, down 4.60%. Since the reduction in shareholder count, the stock has fallen 10.62% cumulatively, with three up days and six down days across trading days. Margin trading data show that as of July 31, the company's total margin financing and securities lending balance was RMB 383 million, of which financing balance was RMB 377 million. Since the reduction in shareholder count, the financing balance has decreased by RMB 2.0239 million, or 0.54%. In its first-quarter report, the company recorded operating revenue of RMB 3.607 billion, up 23.96% year on year, and net profit of RMB 548 million, up 3.08% year on year. Basic earnings per share were RMB 0.2120, and weighted average return on equity was 3.19%.