Announcement time of this financial report: 2023-10-27 22:21:59
Zheng Ping Co., Ltd. (stock code: 603843) is an enterprise mainly engaged in infrastructure construction, comprehensive cultural tourism+industrial development, and non-ferrous metal mining. The company provides infrastructure investment consulting, design and construction and operation management services to provide customers with one-stop comprehensive services. In terms of infrastructure construction business, the company has first-level general contracting qualifications for highway engineering, municipal public works, etc., and first-level qualifications for professional contracting of highway substrates, bridges, tunnels, etc. In terms of construction engineering, the company has first-class general contracting qualifications for construction projects and can undertake the construction of various types of construction projects, including industrial, civil and public buildings, residential areas, etc. In terms of water conservancy engineering, the company has first-class general contracting qualifications for water conservancy and hydropower projects, and can undertake the construction of hydraulic buildings, hydropower plants, etc. In terms of power engineering, the company has first-class professional contracting qualifications for urban and road lighting projects, and can undertake the construction of various types of urban and road lighting projects. In addition, the company also has engineering facility manufacturing capabilities.
Judging from the financial report for the third quarter of 2023, the total assets of Zhengping Co., Ltd. were 8.858 billion yuan, a slight decrease from 8.881 billion yuan at the end of the previous year. Total liabilities were $7.018 billion, up from $6.98 billion at the end of the previous year. Net assets were $1.84 billion, down from $1,901 million at the end of the previous year. The balance ratio was 79.23%, up from 78.59% at the end of the previous year.
In terms of profit, the company's operating income for the third quarter of 2023 was 1,169 billion yuan, down 22.81% from 1,514 billion yuan in the same period last year. Operating profit was -139 million yuan, compared to 376.306 million yuan for the same period last year. Net profit was -135 million yuan, compared to 24.4522 million yuan for the same period last year. These data show that the company's revenue and profits have declined markedly.
In terms of cash flow, the total cash inflow from operating activities was $1,575 billion, down from $2,533 billion in the same period last year. The total cash outflow from operating activities was $1.97 billion, down from $2,624 million in the same period last year. According to these data, the company's net cash flow from operating activities was -395 million yuan, a decrease from the net cash flow for the same period last year.
In summary, there was some pressure on the operating conditions of Zhengping Co., Ltd. in the third quarter of 2023. The company's revenue and profits have declined, and the cash flow from operating activities has also declined. These all indicate that the company has encountered some difficulties in its business activities.
Investors need to pay close attention to the operating conditions and financial conditions of Zhengping Co., Ltd. in order to make wise investment decisions. At the same time, it is also necessary to pay attention to the company's future development strategy and market environment in order to better understand the company's development prospects.
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.