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金三江2023中报解读:营业收入稳步增长,净利润面临压力

Interpretation of Jin Sanjiang's 2023 Interim Report: Operating income is growing steadily, and net profit is under pressure

businesstimes cn ·  Aug 23, 2023 02:58

Jin Sanjiang 2023 medium report shows that the operating income of this reporting period was 130573219.80 yuan, an increase of 5.18% compared with 124138263.34 yuan in the same period last year, indicating that the company's business scale is expanding steadily. However, the net profit attributed to shareholders of listed companies during the reporting period was 17497561.06 yuan, down 41.84% from 30084778.10 yuan in the same period last year, indicating a certain decline in the company's profitability.

Further observation, the net profit after deducting non-recurring profits and losses belonging to shareholders of listed companies during the reporting period was 16799178.83 yuan, down 34.74% from 25741497.30 yuan in the same period last year, which further confirmed the decline in the company's profitability. However, it is worth noting that the net cash flow generated by operating activities during the reporting period was 57691389.88 yuan, an increase of 27.86% compared with 45121342.31 yuan in the same period last year, indicating that the company's cash inflow from operating activities has increased, which is beneficial to the daily operation and development of the company.

In terms of assets and liabilities, the total assets at the end of the report were 667332849.96 yuan, down 3.54% from 691822063.45 yuan at the end of the previous year. At the same time, the net assets belonging to shareholders of listed companies at the end of this report was 553471633.56 yuan, down 3.12% from 571298460.29 yuan at the end of last year. This shows that the size of the company's assets and net assets have declined.

In terms of cash flow, the net cash flow generated by investment activities was-38106842.82 yuan, compared with-100008662.50 yuan in the same period last year, mainly due to a decrease in the amount of new plant projects. The net cash flow generated by fund-raising activities is-20643608.17 yuan, compared with-21725998.50 yuan in the same period last year, indicating that the company's cash outflow from fund-raising activities has decreased.

Generally speaking, although the operating income of Jin Sanjiang has increased in 2023, its net profit has dropped a lot, and its profitability is under pressure. In terms of assets and liabilities, the size of the company's assets and net assets have declined. In terms of cash flow, the cash inflow from the company's operating activities has increased, while the cash outflow from investment and fund-raising activities has decreased. Therefore, when considering investing in Jin Sanjiang, investors need to comprehensively consider the company's operating income, net profit, assets and liabilities, cash flow and other factors, to make a rational investment decision.

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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