Announcement time of this financial report: 2023-10-25 17:43:00
Dio Micro (Stock Code: 688381) is a company specializing in the development and sales of analog integrated circuit products, which cover the segments of signal chain analog chips and power management analog chips, and can provide customers with overall solutions. The company adopts the typical Fabless mode, focuses on product research and development, and entrusts the production process to wafer manufacturing enterprises and packaging and testing enterprises. In the future, the company will continue to increase R & D investment and market development efforts to improve its core competitiveness and market position.
In terms of assets and liabilities, Diowi's total assets were 3.16 billion yuan at the end of the third quarter of 2023, down slightly from 3.172 billion yuan at the end of the previous year. The total liabilities were 57.5894 million yuan, an increase from 49.4127 million yuan at the end of last year. The net asset was 3.103 billion yuan, slightly lower than the 3.122 billion yuan at the end of the previous year. The asset-liability ratio was 1.82%, up from 1.56% at the end of the previous year.
In terms of profit, Diao's operating income in the first three quarters of 2023 was 296 million yuan, down from 402 million yuan in the same period last year. Operating profit was 23.2279 million yuan, down sharply from 163 million yuan in the same period last year. Net profit was 33.0858 million yuan, down sharply from 161 million yuan in the same period last year. The main reason is that under the influence of the global economy and other factors, the weak market demand at home and abroad has led to a slowdown in the growth rate of the company's operating income, but by adjusting the product structure, the gross profit margin of the main business in the first three quarters remains stable, which is 48.86%. At the same time, according to the company's layout of new products, it has increased its R & D investment in the automotive field, continued to introduce excellent R & D technical personnel, and the corresponding cost has increased. In addition, the implementation of the equity incentive scheme has led to an increase in share payment fees.
In terms of cash flow, the net cash flow generated by operating activities was-12.2317 million yuan, down significantly from 122 million yuan in the same period last year. The main reason is the decrease in sales receipts caused by the decline in sales revenue from the beginning of the year to the end of the reporting period; according to the company's layout of new products, it has increased its R & D investment in the automotive field, and continued to introduce excellent R & D and technical personnel, corresponding to an increase in costs; the company pays more for normal production and operation.
To sum up, Diao Micro's operating condition was under some pressure in the first three quarters of 2023, with a decline in operating income and net profit, and a sharp decline in net cash flow from operating activities. However, it is worth noting that the company has shown a significant growth in R & D investment, which shows that the company is actively planning for the future and looking for new growth points. At the same time, the gross profit margin of the company's main business remains stable, indicating the company's efforts in product structure adjustment and cost control.
For investors, although Diowi's operating condition is under pressure in the short term, in the long run, the growth of the company's R & D investment and the stability of the gross profit margin of the main business show the company's development potential. Therefore, investors can pay attention to the company's R & D progress and market development in order to make more accurate 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.