Announcement time of this financial report: 2023-10-27 17:28:24
Youyan Powder material (stock code: 688456) is an enterprise specializing in the preparation and application of non-ferrous metal powder materials. The company's main business includes copper-based metal powder materials, microelectronic tin-based welding powder materials and metal powder materials. In the third quarter of 2023, the company maintained a stable operating condition in the face of uncertainty about the global economic recovery and increasing downward pressure on the domestic economy.
In terms of assets and liabilities, the company's total assets increased from 1.457 billion yuan at the end of last year to 1.632 billion yuan at the end of this reporting period, an increase of 12%. The total liabilities increased from 325 million yuan at the end of last year to 473 million yuan at the end of this reporting period. Net assets increased from 1.133 billion yuan at the end of last year to 1.158 billion yuan at the end of this reporting period. The asset-liability ratio increased from 22.27% at the end of last year to 29.01% at the end of this reporting period. This shows that the total assets and net assets of the company have increased, but the increase in liabilities has led to an increase in the asset-liability ratio.
In terms of profit, the company's operating income decreased from 2.134 billion yuan in the same period last year to 2.007 billion yuan from the beginning of the year to the end of the reporting period, a decrease of 5.96%. Operating costs decreased from 1.974 billion yuan in the same period last year to 1.84 billion yuan from the beginning of the year to the end of the reporting period. Operating profit increased from 41.2459 million yuan in the same period last year to 44.3583 million yuan from the beginning of the year to the end of this reporting period. Net profit increased from 39.3792 million yuan in the same period last year to 39.59 million yuan at the beginning of the year and the end of the reporting period. This shows that the company has achieved the growth of operating profit and net profit by controlling operating costs in the case of a decline in operating income.
In terms of cash flow, the cash inflow from operating activities decreased from 1.781 billion yuan in the same period last year to 1.685 billion yuan from the beginning of the year to the end of the reporting period, and the cash outflow from operating activities decreased from 1.843 billion yuan in the same period last year to 1.731 billion yuan from the beginning of the year to the end of the reporting period. This indicates that both cash inflows and cash outflows from the company's operating activities have decreased.
To sum up, Youyan Powder faces a complex and changeable economic environment in the third quarter of 2023, but the company still maintains a stable operating condition. The company's total assets and net assets have increased, operating profit and net profit have also increased. At the same time, the company has increased its R & D investment, which has laid a solid foundation for the future development of the company.
For investors, Youyou powder has a stable financial situation and broad business development prospects, so it is an investment object worthy of attention. But investors also need to pay attention to the company's debt and the possible impact of the uncertainty of the global economic recovery.
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.