Jinling Huasun Technology Co., Ltd. (stock code: 002453), as an enterprise that works intensively in the field of fine chemical products, is famous for its R&D, production and sales of products such as papermaking chemicals, pharmaceutical/pesticide intermediates, fluorescent whitening agents, and electronic chemicals. The company not only maintains a leading position in the field of paper chemicals, but also has significant advantages in utilizing light gas resources, controlling production costs, and building sales channels.

As can be seen from Huasoft Technology's 2023 three-quarter report, the company's assets and liabilities have shown certain changes. Total assets fell to $2,405 billion from $3.108 billion at the end of the previous year, a decrease of 22.64%. Total liabilities also fell to 760 million yuan from 1,441 million yuan at the end of last year, which shows that the company has achieved remarkable results in reducing financial burdens. Net assets declined slightly from $1,667 million to $1,645 million. The balance ratio fell from 46.36% to 31.61%, reflecting the company's more stable financial structure.

In terms of profit, both operating income and operating costs have declined significantly, from 2,587 billion yuan and 2,354 million yuan in the same period last year to 398 million yuan and 382 million yuan respectively, both by more than 80%. This change was mainly due to the company's sale of Multiplier Connect, which reduced the scope of consolidated statements. Despite this, net profit increased to 140 million yuan to 140 million yuan in the same period last year, an increase of 138.29%, showing that the company has achieved a significant increase in profitability. Gross margin and net profit margin were 4.09% and 35.13%, respectively, a decrease and a sharp increase compared to the same period last year.

In terms of cash flow, net cash flow from operating activities was -22.2839 million yuan, an improvement from -208 million yuan in the same period last year, an increase of 89.30%. This improvement is mainly due to business adjustments after the company's sales doubled and connected, as well as strategies to increase sales repayment efforts and control the pace of payments.

Overall, while facing fluctuations in performance in the third quarter of 2023, Huasoft Technology has optimized its financial structure and improved profitability through asset sales and management adjustments. Despite a sharp decline in operating income and operating costs, the increase in net profit and improved cash flow indicate that the company is moving in a more efficient and steady direction.

For investors, Huasoft Technology's financial report showed positive changes during the adjustment period, but also revealed the uncertainty brought about by changes in the market and business structure. When considering investing in Huasoft Technology, investors should pay close attention to the progress of the company's business adjustments, changes in market share, and the sustainability of future profitability.

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.