Performance "Change Face" When: Gem "Three High" Changes

With the end of a quarterly disclosure, it has always enjoyed the "reputation" of high growth.

As one of the first listed companies on GEM, 300013.SZ's quarterly report explains the temporary end of its high growth.

Data show that the company's net profit fell 177.13% in the first quarter.

Quarterly reports showed that the total revenue of Xin Ning logistics reached 59 million yuan in the first quarter, although it increased by 24% compared with 47 million 580 thousand yuan in the same period last year. However, the net profit attributable to shareholders of listed companies decreased 177.13% to -181.05 million from 2 million 347 thousand and 200 yuan last year.

The company said that the company's net profit fell because some of its subsidiaries were in the initial stage of operation, with large fixed costs and temporary temporary losses.

Compared with Xin Ning's logistics net profit fell more than 100% year-on-year, although other GEM listed companies

If the quarterly net profit of new Ning logistics is still understandable, the first quarter of this year will officially enter the GEM market. 300179.SZ's first quarterly report, which announced a sharp decline in its performance, will make the market somewhat in an uproar.

A quarterly report shows that the company achieved 25 million 136 thousand and 700 yuan in the first quarter, an increase of 17.15% over the same period, but the net profit attributable to shareholders of the listed company was only 3 million 58 thousand and 800 yuan, down 56.78% from 7 million 77 thousand and 700 yuan in the same period last year.

Earnings per share declined from 0.12 yuan to 66.67% yuan to 0.04 yuan.

Sifang said that the year-on-year decline in the company's first quarter results was due to a sharp increase in operating expenses and management fees and a decline in gross margins.

It is worth noting that Sifang has revealed in a quarterly report that the company will focus on developing composite chips for oil composite and cutting tools in conjunction with the annual sales strategy. Although some equipment is coming to the factory in the two quarter, there will still be a certain amount of one-time commissioning fees.

It seems that it is still hard to see the rise of performance in the Sifang's China Daily.

Although the stock market performance of the gem has not been satisfactory since the first quarter of this year, the enthusiasm of the public offering fund for this highly valued gem market seems to have not diminished.

According to Wind statistics, 155 companies listed on the 208 GEM listed companies with comparable data were held to different levels by public funds, accounting for 74.52%.

Among them, 300055.SZ, the main business of water treatment, is favored by public funds. It has been heavily increased by nearly 10 million shares to 14 million 512 thousand and 800 shares, increasing its shareholding ratio from 27.529% in the same period last year to 50.74%.

The latest quarterly report released by Wan Banda also showed that the net profit of the company in the first quarter was 11 million 936 thousand and 600 yuan, up by 52.68% over the same period last year, which explained why the fund was overweight.