Fucheng shares reported in 2023 that its operating income for the reporting period was 571224082.44 yuan, up 1.93% from 560410850.70 yuan in the same period last year. However, this weak growth does not cover up the problems behind it. Despite the increase in operating income, the net cash flow generated by its operating activities was-2789427.50 yuan, down 104.30% from 64806764.61 yuan in the same period last year. This phenomenon deserves our attention.
Looking at the net profit attributed to shareholders of listed companies, the reporting period was 92702661.32 yuan, an increase of 13.27% compared with 81840039.10 yuan in the same period last year, indicating that the company's profitability has improved. The net profit after deducting non-recurring gains and losses belonging to shareholders of listed companies during the reporting period was 98439618.54 yuan, an increase of 30.28% compared with 75560844.12 yuan in the same period last year. This growth further shows that the company's main business capacity has been substantially improved.
From the perspective of assets and liabilities, the total assets at the end of this report were 2572604305.05 yuan, an increase of 3.43% compared with 2487402852.19 yuan at the end of the previous year. Current assets totaled 1339981667.79 yuan, down from 1435468959.12 yuan at the beginning of the year. This shows that the company should strengthen the management of current assets.
If you look at the cash flow statement, the net cash flow generated by investment activities is-197966813.68 yuan, an increase compared with the loss of-87633334.40 yuan in the same period last year. This is because the company has increased its investment and is making positive efforts for the company's long-term development.
To sum up, although Fucheng shares reported in 2023 showed that its performance has increased, but from the perspective of cash flow and assets and liabilities, the company's operating situation is not optimistic. We suggest that investors should make an in-depth analysis of their financial reports and make prudent decisions when investing in Fucheng shares.
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.