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【BT财报瞬析】高德红外2023三季报:技术突破背后的财务表现

[BT Financial Report Instantaneous Analysis] Gaode Infrared 2023 Quarterly Report: Financial Performance Behind Technological Breakthroughs

businesstimes cn ·  Nov 8, 2023 21:56

As a high-tech enterprise focusing on infrared thermal imaging technology, Gaode Infrared (stock code: 002414) showed its remarkable achievements in independent technology research and development in the 2023 three-quarter report. The company successfully broke through the technological blockade of Western countries and achieved localization from core devices to complete equipment systems. This achievement not only provided a solid foundation for the company's application in the fields of national defense and civil use, but also laid important technical advantages for its long-term development.

As can be seen from the balance sheet, Gaode Infrared's total assets fell slightly to 8.781 billion yuan from 8.888 billion yuan at the end of the previous year, and net assets also declined, from 7.123 billion yuan to 6.991 billion yuan. Total liabilities rose slightly from $1,764 million to $1.79 billion. The balance ratio rose slightly, from 19.85% to 20.39%. These changes reflect subtle changes in the company's asset and liability management.

In terms of profit performance, the company's operating income fell to 1,613 million yuan in the same period last year, and operating profit also decreased from 589 million yuan to 342 million yuan. Net profit also declined sharply from 528 million yuan to 287 million yuan. These changes may be related to factors such as increased market competition, cost control, and increased R&D investment. Despite this, the company's gross margin increased from 54.42% to 55.16%, showing a certain advantage in product pricing and cost control.

The cash flow statement shows that the net cash flow from operating activities declined sharply, from -558.15 million yuan in the same period last year to -434 million yuan. This is mainly due to a decrease in cash received from sales products in the current period compared to the previous period, and the increase in cash for purchasing goods, receiving labor payments, and cash paid to employees and employees compared to the previous period. The total cash inflow from operating activities decreased from $1,745 million to $1,699 million, while the subtotal cash outflow increased from $1,801 billion to $2.133 billion.

Taken together, Gaode Infrared has made remarkable achievements in terms of technological breakthroughs and market expansion, but financial reports have also revealed the challenges faced by the company in terms of profitability and cash flow management. Although operating income and net profit have declined, the increase in the company's gross margin indicates that it has some competitiveness in terms of products and services.

For investors, the long-term value of Gaode Infrared is still worth paying attention to. The company's leading position in infrared thermal imaging technology, supported by national policies and growing market demand, provides a solid foundation for its future development. However, investors should also pay close attention to the company's profitability and cash flow conditions, as well as its performance in future market competition.

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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