Announcement time of this financial report: 2023-10-24 16:54:18
Harbin Jiuzhou Group Co., Ltd. (stock code: 300040) is a company committed to building a comprehensive intelligent energy system based on intelligent equipment and technology and based on renewable energy. Relying on more than 25 years of core technology and experience in the electrical field, the company has gradually formed a new modern intelligent manufacturing model such as "product + engineering design + construction package + financial services + operation and maintenance". As of June 30, 2023, the company has built, invested and operated wind power, photovoltaic, biomass power plants and other renewable power stations more than 1500MW.
In terms of assets and liabilities, the total assets of Jiuzhou Group in the third quarter of 2023 were 7.726 billion yuan, an increase compared with 7.572 billion yuan at the end of last year. The total liabilities were 4.794 billion yuan, a slight increase from 4.683 billion yuan at the end of the previous year. The company's net worth was 2.932 billion yuan, up from 2.889 billion yuan at the end of last year. The asset-liability ratio is 62.05%, slightly higher than the 61.84% at the end of the previous year.
In terms of profit, the company's operating income in the third quarter of 2023 was 804 million yuan, down from 924 million yuan in the same period last year. Operating profit was 63.9288 million yuan, down from 149 million yuan in the same period last year. The operating cost was 519 million yuan, down from 538 million yuan in the same period last year. The net profit was 78.1715 million yuan, down from 141 million yuan in the same period last year. The gross profit margin was 35.51%, down from 41.78% in the same period last year. The net interest rate was 9.72%, down from 15.22% in the same period last year.
In terms of cash flow, the net cash flow generated by the company's operating activities in the third quarter of 2023 was 191 million yuan, down from 468 million yuan in the same period last year. Cash inflow from operating activities totaled 905 million yuan, down from 1.385 billion yuan in the same period last year. Cash outflow from operating activities totaled 713 million yuan, down from 917 million yuan in the same period last year.
Overall, Jiuzhou Group performed steadily in the third quarter of 2023. Although operating income, operating profit and net profit decreased compared with the same period last year, the company's total assets, net assets and liabilities all increased, indicating a steady expansion of the company's assets. At the same time, the company's cash flow management is also relatively sound, although the net cash flow generated by operating activities has declined, but the cash inflow and outflow remain within a reasonable range.
For investors, Jiuzhou Group, as an important enterprise in the field of power electronic intelligent equipment, has a sound operating condition and good development prospects. Although the company's operating income and net profit have declined in the short term, in the long run, the company's deep ploughing and technology accumulation in the field of smart energy will contribute to the company's sustainable development. Therefore, it is suggested that investors should continue to pay attention to the performance and industry trends of Jiuzhou Group 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.