Announcement time of this financial report: 2023-10-27 20:06:21

First, let's take a look at 360. 360 is an enterprise with Internet+security as the core, committed to digital technology innovation and the construction of digital security barriers. The company's two-wheel drive model is closely in line with the “Digital China Construction Overall Layout Plan” and responds positively to the country's call for digital development. In terms of digital technology innovation, ChatGPT launched by the company is an epoch-making AI product, leading the rapid development of the AI model industry chain. In terms of digital security barriers, the company is committed to maintaining cybersecurity and improving cybersecurity laws, regulations and policy systems.

Next, let's take a look at the assets and liabilities of 360. As of the end of the third quarter of 2023, the company's total assets were 39.284 billion yuan, up from 38.616 billion yuan at the end of the previous year. Total liabilities were $7.831 billion, up from $6.938 billion at the end of the previous year. Net assets were $31,453 billion, down from $31,678 billion at the end of the previous year. The balance ratio was 19.93%, up from 17.97% at the end of the previous year.

Let's take another look at the company's profit situation. From the beginning of the year to the end of the third quarter of 2023, the company's operating income was 6.738 billion yuan, down from 6.935 billion yuan in the same period last year. Operating costs were $2,608 million, down from $2,783 billion in the same period last year. Gross margin was 61.29%, up from 59.87% in the same period last year.

Next, let's take a look at the company's cash flow situation. From the beginning of the year to the end of the third quarter of 2023, net cash flow from operating activities was $222,300, a significant increase from -113,600 yuan in the same period last year. The total cash inflow from operating activities was $8.086 billion, down from $8.369 billion in the same period last year. The total cash outflow from operating activities was $7.864 billion, down from $8.483 billion in the same period last year.

In summary, 360 has achieved remarkable results in digital technology innovation and digital security barriers, making important contributions to the promotion of China's digital construction and the country's new competitive advantage. The company's total assets and net cash flow have both increased, but operating income and net assets have declined, and the balance ratio has increased. This indicates an increase in the cash flow generated by the company from operating activities, but the decrease in operating income and net assets and the increase in balance ratio also require attention.

Finally, for investors, 360's outstanding performance in digital technology innovation and digital security barriers, as well as the growth in its total assets and net cash flow, all indicate that the company has good potential for development. But at the same time, investors also need to pay attention to the decline in the company's operating income and net assets, as well as the rise in the balance ratio.

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.