Announcement time of this financial report: 2023-10-24 16:33:11
Huaxin Luyuan Environmental Protection Co., Ltd. (stock code: 301265) is a high-tech environmental protection enterprise specializing in the resource utilization and disposal of solid waste. The company is mainly engaged in electronic waste disassembly, scrapped motor vehicle disassembly, waste electronic equipment recycling and hazardous waste disposal and other business. In the solid waste treatment industry, Huaxin Environmental Protection has a certain market share.
In terms of assets and liabilities, Huaxin Environmental Protection had total assets of 2.255 billion yuan at the end of the third quarter of 2023, down slightly from 2.271 billion yuan at the end of last year. The total liabilities were 196 million yuan, down from 243 million yuan at the end of last year. The net asset was 2.058 billion yuan, an increase compared with 2.029 billion yuan at the end of last year. The asset-liability ratio was 8.72%, down from 10.69% at the end of the previous year.
In terms of profit, Huaxin Environmental Protection's operating income in the third quarter of 2023 was 538 million yuan, down from 564 million yuan in the same period last year. Operating profit was 90.7176 million yuan, down from 108 million yuan in the same period last year. The operating cost was 392 million yuan, down from 401 million yuan in the same period last year. The net profit was 81.5271 million yuan, down from 96.895 million yuan in the same period last year.
In terms of cash flow, the net cash flow generated by Huaxin Environmental Protection's operating activities in the third quarter of 2023 was-50.8878 million yuan, a big change compared with 48.0599 million yuan in the same period last year. Cash inflow from operating activities totaled 494 million yuan, down slightly from 553 million yuan in the same period last year. Cash outflow from operating activities totaled 545 million yuan, up from 505 million yuan in the same period last year.
Generally speaking, the operating condition of Huaxin Environmental Protection was stable in the third quarter of 2023. Although the total assets, operating income, operating profit and net profit decreased, the total liabilities and asset-liability ratio decreased, and the net assets increased. In addition, the company's net cash flow has changed from positive to negative, indicating that there is some pressure on the company's cash flow management.
For investors, as a member of the environmental protection industry, Huaxin Environmental Protection has a certain market position and competitive advantage. Although some of the company's financial indicators have declined, the overall operating condition is stable. When considering investing in Huaxin Environmental Protection, investors should fully consider many factors such as the company's operating status, industry prospects and cash flow management.
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.