Announcement time of this financial report: 2023-10-27 19:51:28

Jiangxi Jindalai Environmental Protection Co., Ltd. (stock code: 688057) is an enterprise focusing on the environmental protection industry. Jindalai responds positively to the country's environmental protection policy, participates in the implementation of the “14th Five-Year Plan” and the “Double Carbon” goal, focuses on synergy, strengthens source prevention and control, and highlights environmental pollutant and carbon emission management in key areas, key industries and key links. In the sewage treatment market, the company is an environmental protection enterprise with professional and innovative capabilities. It is committed to providing efficient, energy-saving and environmentally friendly sewage treatment solutions.

In terms of assets and liabilities, Jindalai's total assets were $3.479 billion at the end of the reporting period, down from $3.745 billion at the end of the previous year. Total liabilities were $365 million at the end of the reporting period, down from $473 million at the end of the previous year. Net assets were $3.114 billion at the end of the reporting period, down from $3,272 million at the end of the previous year. The balance ratio was 10.5% at the end of the reporting period, down from 12.63% at the end of the previous year.

In terms of profit, Jindalai's operating income from the beginning of the year to the end of the reporting period was 370 million yuan, down from 480 million yuan in the same period last year. Operating profit from the beginning of the year to the end of the reporting period was 112 million yuan, down from 185 million yuan in the same period last year. Net profit from the beginning of the year to the end of the reporting period was $107 million, down from $173 million in the same period last year. This is mainly due to the impact of factors such as the market environment and the reduction in water pollution control equipment projects, leading to a decline in net profit.

In terms of cash flow, the net cash flow from Jindalai's operating activities from the beginning of the year to the end of the reporting period was $116 million, up from $107 million in the same period last year. This is mainly due to an increase in payback in the reporting period compared to the previous year.

In summary, Jindalai has made steady progress in the environmental protection industry, and its balance ratio has declined, but due to factors such as the market environment, water pollution control equipment projects have been reduced, leading to a decline in net profit. In terms of cash flow, net cash flow from operating activities increased due to an increase in repayments during the reporting period compared to the previous year.

For investors, the steady progress of Jindalai in the environmental protection industry and the decline in the balance ratio all indicate that the company is doing well. However, due to the impact of factors such as the market environment, the company's net profit has declined. This is also something investors need to pay attention to. At the same time, the increase in the company's cash flow also shows the good state of the company's business activities. Therefore, investors need to comprehensively consider all of the above factors when making 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.