Xingmin Zhitong (Stock Code: 002355) 2023 China report has been announced, the following is a detailed interpretation of the company's financial report.

First of all, let's take a look at the operating income of the company. Operating income for the reporting period was 429935383.93 yuan, down 1.75% from the adjusted 437607318.40 yuan in the same period last year. This shows that the company's revenue has declined in the current period.

At the beginning of 2023, under the influence of price cuts by car companies, tax relief policies for fuel vehicle purchases and the withdrawal of subsidies for new energy vehicles, car sales fell significantly in the first quarter, but then policies to promote automobile consumption were introduced successively, and new energy vehicle sales resumed high growth. Superimposed car exports maintained strong growth, and automobile sales growth recovered well in the second quarter.

Then, we pay attention to the net profit belonging to the shareholders of the listed company. The net profit in the reporting period was-122766915.25 yuan, an increase of 27.11% compared with the adjusted-168418435.56 yuan in the same period last year. Although the company is still at a loss in the current period, the extent of the loss has been reduced.

Let's take a look at the net profit after deducting non-recurring profits and losses belonging to the shareholders of listed companies. The reporting period was-133783313.00 yuan, an increase of 24.57% compared with the adjusted-177371814.05 yuan in the same period last year. This also shows that the company's main business capacity has improved.

Then, let's look at the net cash flow generated by operating activities. The net cash flow during the reporting period was 3514302.62 yuan, a decrease of 97.14% compared with the adjusted 122912540.58 yuan in the same period last year. This is mainly due to a reduction in the amount of goods recovered from sales.

Next, we look at the total assets of the company. The total assets at the end of the reporting period were 2458699166.41 yuan, down 4.78% from the adjusted 2582028128.22 yuan at the end of last year. This shows that the company's total assets have decreased in the current period. At the end of the report period, the net assets belonging to shareholders of listed companies were 1269386185.08 yuan, down 8.76 percent from the adjusted 1391205933.02 yuan at the end of last year. This indicates that the company's net worth has also decreased in the current period.

Finally, let's take a look at the company's cash and cash equivalents. The balance of cash and cash equivalents at the end of the reporting period was 56790672.00 yuan, an increase compared with 37303057.25 yuan in the same period last year.

Based on the above analysis, although the operating income, total assets and net assets of Xingmin Zhitong decreased in 2023, the loss of its net profit decreased, and the balance of cash and cash equivalents increased. However, it is worth noting that the net cash flow generated by the company's operating activities has declined significantly, which may have an impact on the company's day-to-day operations and development. Therefore, investors need to fully take these factors into account when considering investing in Xingmin Zhitong.

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.