Summary by Moomoo AI
SHANGHAI JINMAO INVESTMENT MANAGEMENT GROUP CO., LTD., A WHOLLY OWNED SUBSIDIARY OF CHINA JINMAO HOLDINGS GROUP LIMITED, DISCLOSED ITS UNAUDITED KEY FINANCIAL DATA FOR THREE MONTHS ON MARCH 31, 2024. The data showed that as of March 31, 2024, Shanghai Jinmao had total assets of RMB3,542.13 billion, total liabilities of RMB2,582.85 million, and shareholders' equity of RMB959.27 billion. During the period, the company's operating income was RMB31.1 billion, operating costs were RMB24.28 billion, gross profit increased to 22%, operating profit was RMB4,160 billion, and net profit was RMB3.04 billion. Net profit attributable to the owners of the parent company was RMB0.28 billion, a significant improvement from the loss of RMB2.85 million in the same period last year. In addition, Shanghai Jinmao completed the acquisition of shares in companies such as Xi'an Runmao Investment Co., Ltd., in 2023, and retroactively adjusted its financial statements for 2023 according to Chinese corporate accounting standards. Jinmao China released this financial data on April 29, 2024.