Announcement time of this financial report: 2023-10-24 18:34:36

Shaoyang hydraulic Company (stock code: 301079) is a company specializing in hydraulic plunger pumps, hydraulic cylinders, hydraulic system design, research and development, production, sales and professional technical services of hydraulic products. The company takes providing the overall solution of hydraulic transmission as its main business, and has become one of the well-known comprehensive hydraulic enterprises in China.

In terms of assets and liabilities, Shaoyang hydraulic's total assets in the third quarter of 2023 were 823 million yuan, an increase compared with 779 million yuan at the end of last year. The total liabilities amounted to 332 million yuan, up from 298 million yuan at the end of last year. The net asset was 491 million yuan, a slight increase from 481 million yuan at the end of last year. The asset-liability ratio was 40.39%, up from 38.28% at the end of the previous year.

In terms of profit, Shaoyang hydraulic's operating income in the third quarter of 2023 was 220 million yuan, down from 231 million yuan in the same period last year. Operating profit was 18.657 million yuan, down sharply from 35.17 million yuan in the same period last year. The operating cost was 158 million yuan, down from 165 million yuan in the same period last year. The net profit was 18.3801 million yuan, down sharply from 32.0781 million yuan in the same period last year.

In terms of cash flow, the net cash flow generated by Shaoyang hydraulic's operating activities in the third quarter of 2023 was 3.0816 million yuan, which was significantly lower than that of 34.7828 million yuan in the same period last year. Cash inflow from operating activities totaled 229 million yuan, down from 264 million yuan in the same period last year. Cash outflow from operating activities totaled 226 million yuan, down slightly from 230 million yuan in the same period last year.

Generally speaking, there is some pressure on the operating situation of Shaoyang hydraulic in the third quarter of 2023. Although total assets have increased, operating income and net profit have declined, and net cash flow from operating activities has decreased significantly, reflecting a decline in the company's profitability and cash flow.

For investors, the financial situation of Shaoyang hydraulic needs to be closely watched. Although the company has a certain competitive advantage in the hydraulic industry, but in the current operating conditions, investors need to be cautious. It is suggested that investors should fully consider the operating status and industry trends of the company when making 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.