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【BT财报瞬析】ST花王2023三季报:资产负债率下降,营业收入和现金流净额双双下滑

[BT Financial Report Momentary Analysis] ST Kao 2023 Quarterly Report: Decrease in balance ratio, decline in both operating income and net cash flow

businesstimes cn ·  Nov 2, 2023 22:26

Financial report announcement time: 2023-10-27 22:20:37

ST Huawang (stock code: 603007) is an enterprise focusing on ecological environment construction and management. Its main business includes urban renewal, rural revitalization, smart gardens, and ecological restoration. The company has formed an ecological industry chain integrating ecological landscape planning and design, ecological environment construction and management, landscape maintenance, and cultural tourism operations. The main business includes ecological engineering construction, engineering design, science, education and cultural tourism, garden maintenance, and planting of green seedlings.

In terms of assets and liabilities, ST Huawang's total assets at the end of the third quarter of 2023 were 2,444 billion yuan, down from 2,475 billion yuan at the end of the previous year. Total liabilities were $2.104 billion, down from $2,194 billion at the end of the previous year. Net assets were $340 million, up from $281 million at the end of the previous year. The balance ratio was 86.08%, down from 88.66% at the end of the previous year.

In terms of profit, ST Kao's revenue for the third quarter of 2023 was 114 million yuan, down from 148 million yuan in the same period last year. Operating costs were 897.617 million yuan, down from 112 million yuan in the same period last year. The gross margin was 21.2%, down from 24.72% in the same period last year.

In terms of cash flow, ST Kao's net cash flow from operating activities in the third quarter of 2023 was -41.4843 million yuan, a sharp drop from 6.8505 million yuan in the same period last year. The subtotal cash inflow from operating activities was $124 million, down from $243 million in the same period last year. The subtotal cash outflow from operating activities was $166 million, up from $236 million in the same period last year.

In summary, ST Kao's business conditions for the third quarter of 2023 declined compared to the same period last year. The balance ratio declined, but both operating income and net cash flow declined sharply. Although the company has certain advantages in ecological environment construction and management, the company's performance is still under pressure in the current business environment.

Investors should pay attention to ST Kao's future business strategy and market trends. Although the company has certain advantages in ecological environment construction and management, the company's performance is still under pressure in the current business environment. Investors should pay close attention to the company's operating conditions and financial situation in order to make reasonable 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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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