Financial report announcement time: 2023-10-27 15:36:12

Lingyun B Shares (stock code: 900957) is a company mainly engaged in photovoltaic power generation and commercial property rental and management business. Photovoltaic power generation is the company's main business. It belongs to the clean energy sector. It has a long-term stable operating cycle and clear electricity revenue expectations. The company also leases and manages commercial properties through its joint venture Guangzhou Weicheng, providing an additional source of revenue for the company.

In terms of assets and liabilities, Ling Yun's total assets for the third quarter of 2023 were 1,061 billion yuan, a slight decrease from 1,066 billion yuan at the end of the previous year. Total liabilities were $462 million, down from $500 million at the end of the previous year. The company's net assets were 598 million yuan, up from 567 million yuan at the end of the previous year. The balance ratio was 43.59%, down from 46.84% at the end of the previous year.

In terms of profit, the operating income of Ling Yun B Shares in the third quarter of 2023 was 94.423 million yuan, which is not much different from 94.515 million yuan in the same period last year. Operating profit was RMB 343.125 million, up from RMB 32.527 million in the same period last year. Net profit was 31.446 million yuan, up from 30.2567 million yuan in the same period last year. The gross margin was 58.92%, which is basically the same as 58.96% in the same period last year. The net interest rate was 33.3%, up from 32.01% in the same period last year.

In terms of cash flow, net cash flow from operating activities was $244.17,600, a significant increase from $16.530,800 in the same period last year. The total cash inflow from operating activities was 68.1637 million yuan, and the cash outflow from operating activities was 43.7461 million yuan.

In summary, the operating conditions of Ling Yun B Shares in the third quarter of 2023 were generally stable. Although the company's operating income declined slightly compared to the same period last year, both net profit and net cash flow increased, indicating that the company's profitability and cash flow management capabilities have improved. At the same time, the company's balance ratio has also declined, indicating that the company's financial structure is being optimized.

For investors, Ling Yun's B-share performance is stable and has a certain investment appeal. However, at the same time, investors should also be concerned that the company's accounts receivable are high, and there may be some financial pressure. Therefore, when investing in Ling Yun B shares, investors should comprehensively consider various factors such as the company's performance, financial situation, and industry trends to make rational investment decisions.

This article only represents the judgments made by analysts themselves or analysts based on AI analysis. It cannot be used as an investment indicator, nor does it constitute any investment advice. The original purpose of this article was to help investors analyze and judge capital market data in the most intuitive and fastest way and from the most professional perspective.