Announcement time of this financial report: 2023-10-24 21:33:48
Quanwei Technology (stock code: 300716) is a company specializing in the research, development, production and sales of heterojunction (HJT) batteries, components, perovskite, industrial and commercial energy storage products. In 2023, the company carried out transformation and development, entered the field of new photovoltaic energy, and completed and put into production a phase of high efficiency heterojunction (HJT) photovoltaic module project in Zaozhuang production base in Quanwei, Shandong Province. The company's main business growth point is photovoltaic new energy, supplemented by low-carbon environmentally friendly new materials and auto parts business.
In terms of assets and liabilities, the total assets at the end of the reporting period were 1.557 billion yuan, an increase of 13.7% compared with 1.37 billion yuan at the end of the previous year. The total debt was 1.215 billion yuan, an increase of 20.49% compared with 1.008 billion yuan at the end of last year. The net worth was 343 million yuan, down from 361 million yuan at the end of last year. The asset-liability ratio was 78%, up from 73.62% at the end of the previous year.
In terms of profit, the operating income from the beginning of the year to the end of the reporting period was 891 million yuan, down 11.12% from 1.002 billion yuan in the same period last year. Operating profit was-115 million yuan, down 174.68% from 154 million yuan in the same period last year. The net profit was-133 million yuan, down 174.11% from 152 million yuan in the same period last year. The gross profit margin was 4.23%, down 10.4 percentage points from 14.63% in the same period last year. The net interest rate was-14.93%, down 30.14 percentage points from 15.21% in the same period last year.
In terms of cash flow, the net cash flow generated by operating activities from the beginning of the year to the end of the reporting period was 146 million yuan, an increase of 48.61% compared with 98.5438 million yuan in the same period last year. Cash inflows from operating activities totaled 1.073 billion yuan, down from 1.196 billion yuan in the same period last year. Cash outflow from operating activities totaled 926 million yuan, down from 1.097 billion yuan in the same period last year.
Overall, Quanwei's financial position in the third quarter of 2023 showed some challenges. The company's operating income and net profit have declined, and the asset-liability ratio has also increased. However, the net cash flow generated by the company's operating activities has increased, which indicates that the company's operating activities still have a certain cash inflow.
From the perspective of investors, although the financial situation of Quanwei Technology faces some pressure in the short term, the development prospect of the company in photovoltaic new energy, low-carbon environmentally friendly new materials and auto parts business is still worth looking forward to. Especially in the context of promoting the goals of "carbon peak" and "carbon neutralization", the photovoltaic industry will usher in the opportunity of sustained growth. Therefore, investors can pay due attention to the follow-up development of Quanwei technology in order to make more informed 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.