Announcement time of this financial report: 2023-10-27 18:13:36
Miacolanduo (stock code: 600882) is an enterprise with a long history in the Chinese dairy industry. In the context of the advancement of China's urbanization process and the increase in residents' incomes, consumer demand for dairy products will continue to grow. Miacolanduo responds positively to national policies, optimizes the dairy product structure, and meets the diverse needs of consumers for function, taste, nutrition and health. The company has achieved mature development in segments such as liquid milk and yogurt, and the cheese market is in a stage of rapid growth, which is expected to become the main growth point for the dairy industry in the future.
In terms of assets and liabilities, total assets at the end of the reporting period were 7.03 billion yuan, down from 7.437 billion yuan at the end of the previous year. Total liabilities were $2,679 million, up from $2.56 billion at the end of the previous year. Net assets were $4.351 billion, down from $4,877 million at the end of the previous year. The balance ratio was 38.11%, up from 34.43% at the end of the previous year.
In terms of profit, operating income from the beginning of the year to the end of the reporting period was 3,075 billion yuan, down from 3,829 billion yuan in the same period last year. Operating profit was 22.4756 million yuan, down from 204 million yuan in the same period last year. Net profit was 50.203,000 yuan, down from $169 million in the same period last year. Gross margin was 30.59%, down from 34.38% in the same period last year. The net interest rate was 1.63%, down from 4.41% in the same period last year.
In terms of cash flow, the net cash flow from operating activities from the beginning of the year to the end of the reporting period was $142 million. Compared with $304 million in the same period last year, the net cash flow has been corrected. The total cash inflow from operating activities was $3.382 billion, down from $4,296 million in the same period last year. The total cash outflow from operating activities was $3.24 billion, down from $4.601 billion in the same period last year.
In summary, there were some fluctuations in the operating conditions of Miocalando in the third quarter of 2023. Although the balance ratio has increased, the net cash flow has been corrected, indicating an improvement in the company's cash liquidity. However, the company's operating income, operating profit, and net profit have all declined, indicating that there is some pressure on the company's profitability.
For investors, it is important to note that Miacolanto has some influence in the cheese market, and the cheese market is in a stage of rapid growth, which is expected to become the main growth point for the dairy industry in the future. Therefore, when considering investing in Miacolanto, investors should focus not only on its current business conditions, but also on its development prospects in the cheese market.
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.