Announcement time of this financial report: 2023-10-25 16:29:27

Long soft Technology (Stock Code: 688078) is a company based on the independently developed LongRuan GIS platform, mainly using cloud computing, big data, industrial Internet and artificial intelligence technologies to provide industrial application software and overall solutions for safe production and intelligent mining in the coal industry. The company's customers include mine safety supervision, government emergency rescue, occupational health regulatory agencies, scientific research institutes and industrial parks.

In terms of assets and liabilities, Longsoft Technology's total assets in the third quarter of 2023 were 849 million yuan, an increase compared with 799 million yuan at the end of last year. The total debt was 150 million yuan, down slightly from 153 million yuan at the end of last year. The net asset was 699 million yuan, an increase of 8.01% compared with 646 million yuan at the end of last year. The asset-liability ratio was 17.64%, down from 19.1% at the end of the previous year. These data show that the company's financial position is sound, the scale of assets is expanding, the scale of liabilities is under control, net assets are increasing, and the asset-liability ratio is decreasing.

In terms of profit, the company's operating income in the third quarter of 2023 was 252 million yuan, an increase of 18.23% compared with 213 million yuan in the same period last year. Operating profit was 71.2275 million yuan, up 25% from 56.9805 million yuan in the same period last year. The net profit was 63.7076 million yuan, up 25.14% from 50.9737 million yuan in the same period last year. These figures show that the company's profitability is improving, and operating income, operating profit and net profit are all increasing.

In terms of cash flow, the net cash flow generated by the company's operating activities in the third quarter of 2023 was-31.1147 million yuan, the cash inflow from operating activities was 165 million yuan, and the cash outflow from operating activities was 196 million yuan. These data show that the company's cash flow situation is relatively tight, and the net cash flow generated by operating activities is negative, indicating that the company's operating activities consume cash.

To sum up, the overall operating condition of Dragon soft Technology in the third quarter of 2023 is good, the scale of assets is expanding, the scale of liabilities is under control, the net assets are increasing, the asset-liability ratio is decreasing, and profitability is improving, but the cash flow situation is relatively tight. The company has made great progress in the field of production safety management informatization in the coal industry, especially in the research and application of the integration of information technology, geoscience and coal industry expertise. As the country attaches importance to the intelligent construction of coal mines, the company is expected to play an important role in the intelligent upgrading and production safety of the coal industry.

For investors, Dragon soft Technology, as a first-mover advantage in the field of safety production management information in the coal industry, its performance is growing steadily, R & D investment is sustained, and the future development is worth looking forward to. But at the same time, investors also need to pay attention to the cash flow situation of the company, and how to improve the cash flow situation by improving operating efficiency in the future to support its sustainable development.

This article only represents the judgment made by the analyst himself or the analyst on the basis of AI analysis, and can not be used as any investment index, nor does it constitute any investment advice. The original intention of this paper is to help investors analyze and judge the capital market data in the most intuitive and fast way and from the most professional perspective.