Announcement time of this financial report: 2023-10-24 16:56:09
Hyatt Care (stock code: 605009) is a company specializing in the production and sale of absorbent hygiene products in a wide range of areas such as female hygiene products, infant hygiene products and adult incontinence products. According to the statistics of China Papermaking Association, the market scale of absorbent sanitary products in China is 111.51 billion yuan in 2022, including 65.02 billion yuan for female hygiene products, 34.4 billion yuan for infant hygiene products and 12.09 billion yuan for adult incontinence products. Haoyue Nursing Company actively responds to market changes, launches new products to stimulate sales, and adopts diversified marketing strategies to attract the new generation of consumers.
In terms of assets and liabilities, Haoyue Nursing's total assets in the third quarter of 2023 were 4.613 billion yuan, an increase of 10.76% compared with 4.165 billion yuan at the end of last year. The total debt was 1.534 billion yuan, an increase of 33.26% compared with 1.151 billion yuan at the end of last year. The net asset was 3.079 billion yuan, an increase of 2.15% compared with 3.014 billion yuan at the end of last year. The asset-liability ratio was 33.26%, up from 27.63% at the end of the previous year. These changes are mainly due to the increase in sales, the increase in prepayments, the extension of lease time, the increase in land use rights, the increase in borrowing in the current period, the increase in enterprise income tax, the increase in value-added tax and so on.
In terms of profit, Haoyue Nursing's operating income in the third quarter of 2023 was 2.075 billion yuan, up 4.51% from 1.985 billion yuan in the same period last year. Operating profit was 360 million yuan, up 20.81% from 298 million yuan in the same period last year. The net profit was 310 million yuan, up 18.32% from 262 million yuan in the same period last year. The gross profit margin was 26.25%, up from 22.49% in the same period last year. The net interest rate was 14.95%, up from 13.22% in the same period last year. These changes are mainly due to the increase in product promotion, the increase in interest income, the impairment of fixed assets this year, the increase in the disposal of fixed assets this year, the decrease in government subsidies related to income, and the decrease in donation expenditure this year.
In terms of cash flow, the net cash flow generated by Haoyue Nursing's operating activities in the third quarter of 2023 was 459 million yuan, an increase of 51.18% compared with 303 million yuan in the same period last year. Cash inflows from operating activities totaled 2.421 billion yuan, up from 2.295 billion yuan in the same period last year. Cash outflow from operating activities totaled 1.963 billion yuan, down from 1.992 billion yuan in the same period last year. These changes are mainly due to an increase in sales.
To sum up, the overall operating condition of Haoyue Care in the third quarter of 2023 is sound, with continued growth in revenue and net profit and good cash flow. The company actively responds to market changes, through product innovation and multi-channel sales strategy, committed to meet consumers' demand for absorbent sanitary products, and maintain competitive advantage in the highly competitive market.
For investors, the growth of Haoyue Care's performance and sound financial position show that it has good profitability and market competitiveness. However, investors should also take into account the fierce market competition, policy changes and other risk factors when investing. It is suggested that investors should conduct in-depth research and rational investment in Haoyue nursing according to their own investment objectives and risk tolerance.
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.