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昊华能源2023中报解读:净利润下滑,现金流量净额减少,但净资产有所增长

Interpretation of Haohua Energy's 2023 Interim Report: Net profit declined, net cash flow decreased, but net assets increased

businesstimes cn ·  Aug 22, 2023 22:49

According to the 2023 report of Haohua Energy, operating income for the reporting period was 4148138835.68 yuan, down 1.57% from 4214489735.37 yuan in the same period last year. This indicates that the scale of the company's business activities has shrunk during the reporting period.

At the same time, the net profit attributed to shareholders of listed companies in the reporting period was 708220778.25 yuan, down 23.33% from 923723813.32 yuan in the same period last year. This may mean that the company's profitability declined during the reporting period. Further, the net profit after deducting non-recurring gains and losses belonging to shareholders of listed companies during the reporting period was 660048793.62 yuan, down 29.00% from 929677087.76 yuan in the same period last year. This further confirms the decline in the company's profitability.

In terms of cash flow, the net cash flow generated by operating activities in the reporting period was 1692184635.65 yuan, down 27.19% from 2324021265.15 yuan in the same period last year. This may have a certain impact on the daily operation and development of the company.

However, the net assets attributed to shareholders of listed companies at the end of the reporting period were 10884467973.04 yuan, an increase of 4.06% compared with 10459905419.30 yuan at the end of the previous year. This indicates that the company's net worth has increased during the reporting period and the company's financial position may have improved.

In addition, the total assets at the end of the reporting period were 29811609323.82 yuan, an increase of 0.02% compared with 29804908291.73 yuan at the end of the previous year. This shows that the company's total assets remained basically stable during the reporting period.

In terms of profitability, basic earnings per share in the reporting period was 0.49 yuan per share, down 36.36 percent from 0.77 yuan per share in the same period last year. This may mean that the company's earnings per share declined during the reporting period. Furthermore, after deducting non-recurring profit and loss, basic earnings per share in the reporting period was 0.46 yuan per share, down 40.26% compared with 0.77 yuan per share in the same period last year. This further confirms the decline in the company's profitability per share.

In terms of return on investment, the weighted average return on net assets during the reporting period was 6.49%, a decrease of 2.65 percentage points compared with 9.14% in the same period last year. This may mean that the company's return on investment has declined during the reporting period. Further, the weighted average return on net assets after deducting non-recurring gains and losses in the reporting period was 6.05%, down 3.15 percentage points from 9.2% in the same period last year. This further confirms the decline in the company's return on investment.

Generally speaking, the performance of Haohua Energy in the 2023 report is more complex. Although the company's net assets and total assets have increased, its operating income, net profit, net cash flow, earnings per share and return on investment and other key indicators have declined. This may mean a decline in the scale of the company's operations and profitability during the reporting period, but its financial position may improve. Therefore, when considering investing in Haohua Energy, investors need to comprehensively consider these factors and make prudent decisions.

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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