Announcement time of this financial report: 2023-10-27 18:49:17

Jiadu Technology (stock code: 600728) is a company focusing on the application of artificial intelligence technology. In 2023, the company seized the opportunities of leapfrog development of artificial intelligence technology, increased the development and release of big models of the AI industry, released “Big Model of the Zhixing Urban Transportation Industry” products and solutions, and maintained its technological advantages in the field of “AI+ big transportation”. At the same time, the company is steadily advancing the delivery of intelligent rail transit projects, laying out the market for the transformation of new smart subway lines and old lines, and actively exploring new smart city businesses, driving a recovery in operating income.

In terms of assets and liabilities, total assets at the end of the reporting period were 13.408 billion yuan, up from 11.165 billion yuan at the end of the previous year. Total liabilities were $5.85 billion, a slight increase from $5.736 billion at the end of the previous year. Net assets were 7.558 billion yuan, a significant increase from 5.428 billion yuan at the end of the previous year. The balance ratio was 43.63%, down from 51.38% at the end of the previous year.

In terms of profit, the company achieved operating income of 2,515 billion yuan, an increase of 7.83% over the previous year. Operating profit was 202 million yuan, compared with -241 million yuan in the same period last year, and the company turned a loss into a profit. Net profit attributable to shareholders of listed companies was 364 million yuan, up 86.34% year on year. Gross margin was 12.36%, down from 12.93% in the same period last year. The net interest rate was 4.93%. Compared with -5.17% in the same period last year, the company turned a loss into a profit.

In terms of cash flow, the cash inflow from operating activities was a subtotal of 5,533 billion yuan, up from $3,807 billion in the same period last year. The total cash outflow from operating activities was $6,023 billion, up from $4.787 billion in the same period last year.

In summary, the overall operating conditions of Jiadu Technology in the third quarter of 2023 improved. Both operating income and net profit increased, and the balance ratio also declined. The company's investment and layout in the field of artificial intelligence has enabled the company to maintain its technological advantages in the field of “AI+ big transportation” and has also laid a solid foundation for the company's future development.

For investors, the business conditions and development prospects of Jiadu Technology are worth paying attention to. The company's layout and investment in the field of artificial intelligence indicates that the company may achieve greater breakthroughs and achievements in this field in the future. At the same time, the company's financial situation is stable, and the increase in operating income and net profit also shows that the company's operating efficiency is improving. Therefore, investors can consider including Jiadu Technology in the scope of investment considerations.

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.