The announcement time of this financial report is: 2023-10-20 17:14:49

Jiangshan Oupai (stock code: 603208) is a professional door-making enterprise integrating design, R & D, production, sales and service. Its main product lines include solid wood composite doors, plywood molded doors and other products. And windows, wallboards, cabinets, floors, bathroom, hardware and other integrated health household products. The company has a number of production bases, covering an area of nearly 2000 mu, with strong production capacity.

According to Jiangshan Oupai's three-quarter report in 2023, the company's total assets are 4.461 billion yuan, down slightly from 4.466 billion yuan at the end of last year. The total liabilities were 2.972 billion yuan, down from 2.995 billion yuan at the end of the previous year. This shows that the company has maintained a sound attitude in financial management and successfully controlled the scale of debt.

The company's net assets are 1.489 billion yuan, up from 1.471 billion yuan at the end of last year, which shows that the company has a strong ability to accumulate its own capital, which is conducive to the long-term development of the company. The asset-liability ratio is 66.63%, down from 67.06% at the end of last year, indicating that the company's debt structure has been optimized and the financial risk has been controlled to a certain extent.

The company's gross profit margin was 24.83%, down from 26.42% in the same period last year. This may be due to factors such as the rise in the price of raw materials or the decline in sales prices. The net interest rate was 10.65%, up from 1.15% in the same period last year, indicating a significant improvement in the company's profitability.

The company's net profit was 288 million yuan, a substantial increase from 254 million yuan in the same period last year, which is an important reflection of the company's performance improvement. Return on assets (ROE) was 19.47%, up sharply from 1.37% at the end of last year, indicating a significant improvement in the company's profitability and capital operation efficiency.

There is no clear data on the company's goodwill, but from the point of view of the company's business model and product line, Jiangshan Group has high brand recognition and market influence in the category product market.

Generally speaking, Jiangshan Europe Group's overall financial situation in the third quarter of 2023 is good. The substantial increase in net profit and return on assets (ROE) indicates that the company's profitability and operating efficiency have been significantly improved, while the decline in asset-liability ratio indicates that the company's financial risk has been controlled to a certain extent. However, the decline in gross profit margin needs to be noticed, which may mean that the company's profit margin is being squeezed.

For investors, the performance and financial situation of Jiangshan Europe are worthy of attention. When considering investment, investors should comprehensively consider the company's performance growth, financial risks, market competition and other factors, and make rational investment decisions.

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.