The company's operating income was 324460099.72 yuan, down 34.87% from 498141501.43 yuan in the same period last year, according to the 2023 China News. This substantial decline in operating income has undoubtedly had a serious impact on the overall operating situation of the company.

However, it is worth noting that despite the decline in operating income, the net profit belonging to shareholders of listed companies has increased significantly, from-26183842.60 yuan in the same period last year to 425364996.23 yuan in the current reporting period, an increase of 1724.53%. This situation may indicate an improvement in the company's cost control and profit model, but it may also be due to some non-recurring benefits.

However, when we see the net profit after deducting non-recurring gains and losses belonging to the shareholders of listed companies, the situation is not so optimistic. The figure for the reporting period was-69816526.52 yuan, an increase of 174.11% compared with-25470430.49 yuan in the same period last year. This shows that if non-recurrent earnings are excluded, the company's actual profitability has not improved, but deteriorated.

From the perspective of cash flow, the net cash flow generated by operating activities was 183666264.91 yuan, an increase of 215.13% compared with 58282548.58 yuan in the same period last year. This indicates that the cash inflow from the company's operating activities has increased, which is mainly due to the increase in sales rebates and the decrease in cash payments for goods purchased. However, the net cash flow generated by investment activities was 57361493.87 yuan, an increase compared with-737283.99 yuan in the same period last year. The change is due to the receipt of funds for the disposal of equity interests in China Holdings this year.

In terms of assets and liabilities, the company's total assets were 4137210296.58 yuan, down 3.99 percent from 4309224007.01 yuan at the end of last year. The net assets belonging to shareholders of listed companies were 470941405.03 yuan, an increase of 933.30% compared with 45576408.80 yuan at the end of last year. This may be due to some asset restructuring or equity changes of the company.

Overall, the 2023 China report shows that the company has achieved a substantial increase in net profit, but this is mainly due to the impact of some non-recurring earnings. If these factors are excluded, the company's actual profitability has not improved, but deteriorated. At the same time, the company's operating income has declined, and there are also some problems in cash flow and balance sheet. Therefore, investors need to carefully consider these risk factors when investing in China-controlled Saige.

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.