Announcement time of this financial report: 2023-10-24 17:29:58
Netda Software (Stock Code: 603189) is a listed company specializing in large video, mainly covering large video operations, ultra-high definition video live streaming, video intelligence big data, extended reality and other areas. Relying on the national development strategy of 5G, artificial intelligence, ultra-high definition video and software localization, the company provides software development and operation services with video technology as the core.
In terms of assets and liabilities, the total assets of Netcom in the third quarter of 2023 were 1.755 billion yuan, down 6.19% from 1.871 billion yuan at the end of the previous year. The total liabilities were 156 million yuan, slightly higher than the 151 million yuan at the end of last year. The net asset was 1.6 billion yuan, down 6.98% from 1.72 billion yuan at the end of last year. The asset-liability ratio was 8.87%, up from 8.09% at the end of the previous year. These changes are mainly due to receivables and fluctuations in the share price of AsiaInfo Technology.
In terms of profit, the company's operating income in the third quarter of 2023 was 214 million yuan, down 11.59% from 242 million yuan in the same period last year. The operating cost was 170 million yuan, up from 139 million yuan in the same period last year. The operating profit was-53.177 million yuan, compared with 49.5558 million yuan in the same period last year, the company changed from profit to loss. Net profit was-51.4958 million yuan, down 209.49% from 47.0337 million yuan in the same period last year. These changes are mainly due to rising labor costs, a certain decline in contract gross profit margin, and the company continues to increase R & D investment in order to strengthen market competitiveness, resulting in a decline in the company's net profit.
In terms of cash flow, the net cash flow generated by the company's operating activities in the third quarter of 2023 was 1.2317 million yuan, compared with-40.5814 million yuan in the same period last year. Cash inflow from operating activities totaled 278 million yuan, up from 225 million yuan in the same period last year. Cash outflow from operating activities totaled 276 million yuan, a slight increase from 266 million yuan in the same period last year. These changes are mainly due to the remarkable results of the collection of arrears from customers and a significant rebound in the company's cash collection.
Generally speaking, there is some pressure on the operating situation of Netda Software in the third quarter of 2023. While the company is sound in terms of balance sheets, it is weak in terms of profits and cash flows. The company's net profit and operating profit have declined, and cash flow has improved, but there is still pressure.
For investors, it is important to pay attention to the fact that Netcom is continuously increasing its R & D investment in order to enhance its market competitiveness. This may put pressure on the company's profits in the short term, but in the long run, it is a necessary investment for the company to achieve sustainable development. Therefore, when making investment decisions, investors should comprehensively consider the company's long-term development prospects and short-term operating pressure.
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.