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【BT财报瞬析】海思科2023三季报:业绩稳健增长,财务状况显著改善

[BT Financial Report Momentary Analysis] HiCisco 2023 Quarterly Report: Steady growth in performance, significant improvement in financial situation

businesstimes cn ·  Jan 29 23:36

HiCisco (stock code: 002653) is a diversified listed company in the pharmaceutical field. Its main business covers pharmaceutical R&D, manufacturing and sales. The company focuses on customer needs and provides specialty pharmaceutical products with innovative characteristics. Among them, cyclopophenol injection, as the company's innovative drug, has been recommended by consensus in multiple guidelines and included in the national medical insurance drug catalogue, showing the company's competitiveness and market recognition in the pharmaceutical industry.

In terms of assets and liabilities, HiCisco's total assets increased from 6.048 billion yuan at the end of the previous year to 6.213 billion yuan at the end of the reporting period, indicating a steady increase in the size of the company's assets. In terms of total liabilities, the company achieved a significant reduction, from 2,914 billion yuan at the end of the previous year to 2,128 billion yuan at the end of the reporting period, a decrease of nearly 800 million yuan. This change is mainly due to the company's current repayment of short-term bank loans and the transfer of some long-term loans to non-current liabilities due within one year. Net assets increased significantly from $3.133 billion at the end of the previous year to $4,085 billion at the end of the reporting period. The balance ratio also declined from 48.19% at the end of the previous year to 34.25% at the end of the reporting period. This change reflects the company's healthier financial structure and effective control of financial risks.

In terms of profit, HiCisco's revenue increased 13.70% from 2,097 billion yuan in the same period last year to 2,384 billion yuan from the beginning of the year to the end of the reporting period. Operating profit and net profit also achieved significant increases, respectively. Operating profit increased from 84.46,800 yuan in the same period last year to 200 million yuan from the beginning of the year to the end of the reporting period. Net profit also increased from 102 million yuan in the same period last year to 201 million yuan from the beginning of the year to the end of the reporting period, an increase of 94.80%. This increase was mainly due to the company receiving government industrial support funds and controlling financial expenses. Furthermore, gross margin and net margin increased to 71.03% and 8.44% respectively from 67.87% and 4.89% in the same period last year, indicating an increase in the company's profitability.

In terms of cash flow, the net cash flow from Hisco's operating activities was drastically revised from -72.1757 million yuan in the same period last year, reaching 133 million yuan from the beginning of the year to the end of the reporting period, an increase of 283.62%. This positive change is mainly due to an increase in the cash inflow subtotal from operating activities, which increased from 2.205 billion yuan in the same period last year to 2,608 billion yuan from the beginning of the year to the end of the reporting period, and the control of the operating cash outflow subtotal, which slightly increased from 2,277 billion yuan to 2,476 billion yuan in the same period last year.

In summary, Hysco's business conditions in the third quarter of 2023 showed a steady growth trend. The company not only achieved significant growth in operating income and profit, but also showed significant improvements in its financial structure. The decline in balance ratio and the improvement in net cash flow all showed the company's effectiveness in financial management.

For investors, Hiscus's financial data shows that the company has good growth and profitability, while the improvement in financial conditions also provides a solid foundation for the company's long-term development. When considering investment decisions, investors should comprehensively consider various aspects of the company's market position, product line, R&D strength and financial situation, and carefully evaluate its investment value.

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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