Announcement time of this financial report: 2023-10-17 18:22:50

Shanghai Yanpu Metal products Co., Ltd. (stock code: 605128), is an auto parts manufacturer specializing in the R & D, production and sales of automotive seat frame assembly, seat rail assembly and system stamping parts, such as seat belts, locks, etc. The company is also committed to the technical research and development of automotive stamping dies, with the ability to design and manufacture large-scale precision and high-strength automotive stamping dies.

According to the three-quarter report of Shanghai Yanpu in 2023, the company's total assets were 2.3 billion yuan at the end of this report, an increase from 2.166 billion yuan at the end of last year. The total liabilities at the end of this report were 1.114 billion yuan, up from 1.033 billion yuan at the end of the previous year. The net asset at the end of this report was 1.186 billion yuan, an increase compared with 1.132 billion yuan at the end of the previous year. The asset-liability ratio was 48.43% at the end of this report, up slightly from 47.71% at the end of the previous year.

In terms of profitability, the company's gross profit margin was 16.01% from the beginning of the year to the end of the reporting period, down from 16.32% in the same period last year. The net interest rate was 6.15% from the beginning of the year to the end of the reporting period, a significant increase from 4.82% in the same period last year. Return on equity (ROE) was 5.41% at the end of this report, a significant increase from 3.43% at the end of the previous year. These data show that the company's profitability and asset operating efficiency have improved.

The company's operating income from the beginning of the year to the end of this reporting period was 1.02 billion yuan, a significant increase compared with 745 million yuan in the same period last year. Operating profit from the beginning of the year to the end of this report was 721 million yuan, double the 35 million yuan in the same period last year. The net profit from the beginning of the year to the end of this report was 627 million yuan, which was also a significant increase compared with 359 million yuan in the same period last year. These data show that the company's operating income and profits have increased significantly, and the company is in good condition.

According to the financial report data, the growth of the company's operating income and net profit is mainly due to the mass production of new projects in Huangshan Yanpu, Shanghai Yanpu and Changshu Yanpu. This shows that the input-output effect of the company's new project is significant, which has a positive impact on the company's business performance.

Overall, Shanghai Yanpu 2023 quarterly report shows that the company's operating conditions are good, profitability and asset operating efficiency have been improved. The input-output effect of the new project is significant, which has a positive impact on the company's business performance. Therefore, for investors, Shanghai Yanpu is a worthy investment object. However, investors should also pay attention to the slight increase in the company's asset-liability ratio when investing, and need to pay attention to the company's debt situation and risk control ability.

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.