The announcement time of this financial report is: 2023-10-20 15:52:17
Red Flag chain (stock code: 002697), as the first convenient supermarket chain listed in China's A-share market, its main business is to facilitate the chain operation of supermarkets, characterized by "convenience, affordable and rest assured". Has developed into a "cloud platform big data + commodities + community services + finance" Internet + modern technology chain company.
According to the third-quarter results of Red Flag chain in 2023, the company achieved a net asset of 3.957 billion yuan, down from 4.151 billion yuan at the end of last year. The asset-liability ratio was 49.6% at the end of the reporting period, up from 49.34% at the end of the previous year. This shows that the size of the company's liabilities has increased relative to the size of assets, but the whole remains within a reasonable range.
In terms of profitability, the company's gross profit margin increased from 29.3% in the same period last year to 29.37% at the end of the reporting period, and the net profit margin also increased from 4.72% in the same period last year to 5.33% at the end of the reporting period, indicating that the company's profitability has improved. At the same time, the company's return on equity (ROE) also increased from 9.27% at the end of last year to 10.04% at the end of this reporting period, which further confirmed the improvement of the company's profitability.
In terms of operating performance, the company achieved an operating income of 7.641 billion yuan, an increase compared with 7.573 billion yuan in the same period last year. At the same time, the company made a net profit of 407 million yuan, up from 357 million yuan in the same period last year. This shows that the company's operating performance remains stable and shows a trend of growth.
In terms of goodwill, the financial report does not provide specific goodwill data, but from the operating conditions of the company, the company has established a good mutually beneficial and win-win business relationship with thousands of suppliers, which undoubtedly provides strong support for the company's goodwill.
Generally speaking, Red Flag chain has a good operating condition in the third quarter of 2023, its profitability has been improved, and its operating performance has remained stable and showing a trend of growth. Although the asset-liability ratio has increased, the whole remains within a reasonable range. Therefore, for investors, Red Flag chain is still a noteworthy investment object.
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.