Announcement time of this financial report: 2023-10-27 19:18:19

Keger Precision Machinery (stock code: 301338) is an enterprise focusing on R&D, production, sales and technical support services for automated precision equipment. The company is mainly engaged in the manufacture of new electronic components and equipment. Its products are widely used in electronic assembly related manufacturing enterprises, LED lighting and display companies, and semiconductor chip packaging companies. With the development of social intelligence and informatization, and the accelerated development of industries such as cloud technology, big data, Industry 4.0, and the Internet of Things, etc., the downstream application fields of the global electronics industry will become more and more extensive. It is expected that the total business volume of Kegg Precision Machinery will grow in the future.

In terms of assets and liabilities, Keger Precision's total assets for the third quarter of 2023 were 2,015 billion yuan, up from 1,863 billion yuan at the end of the previous year. Total liabilities were $600 million, up from $458 million at the end of the previous year. The company's net assets were $1,414 million, slightly higher than $1,406 million at the end of the previous year. The balance ratio was 29.81%, up from 24.56% at the end of the previous year.

In terms of profit, Keger Precision's operating income for the third quarter of 2023 was 439 million yuan, down from 603 million yuan in the same period last year. Operating profit was 44.526,500 yuan, down from 111 million yuan in the same period last year. Net profit was 43.831 million yuan, down from 102 million yuan in the same period last year. Gross margin was 36.42%, down from 44.7% in the same period last year.

In terms of cash flow, the total cash inflow from operating activities was $508 million, down from $539 million in the same period last year. The total cash outflow from operating activities was $554 million, down from $575 million in the same period last year.

In summary, the operating conditions of Keger Precision Machinery in the third quarter of 2023 declined compared to the same period last year, but total assets continued to expand, indicating that the company's market size was expanding. Although operating income and profit have declined, the company's total business volume is expected to show an upward trend, which may drive the company's future revenue and profit growth.

For investors, although the operating conditions of Keger Precision Machinery declined in the third quarter of 2023, its total business volume is expected to grow, and total assets continue to expand, indicating that the company's market size is expanding. Therefore, investors should fully consider these factors when considering investing in Kegger Precision.

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.