As a listed company with deep strength in the field of big data and security, ST Shida (stock code: 600734) has been responding positively to national policies in recent years to promote the release of the value of big data and industrial upgrading. The company is deeply involved in emerging markets such as smart government and smart transportation to continuously promote innovation and development in the security industry. ST Shida has a complete industrial chain system and strong technical application capabilities, and is committed to providing customers with high-quality products and services.
In terms of assets and liabilities, ST Shida's 2023 three-quarter report shows that the company's total assets reached 955 million yuan, an increase of 2.96% over 928 million yuan at the end of the previous year. Total liabilities were $582 million, a slight increase from $573 million at the end of the previous year. Net assets increased 5.19% from 355 million yuan at the end of the previous year to 373 million yuan, showing a steady increase in the company's assets. The balance ratio declined, from 61.72% at the end of the previous year to 60.89%, indicating that the company's financial structure has been optimized.
In terms of profit, ST Shida's revenue increased from 183 million yuan in the same period last year to 208 million yuan, an increase of 13.48%. Of these, revenue during the reporting period reached 115 million yuan, an increase of 35.54% over the previous year, mainly due to the increase in revenue from the big data business. Operating profit changed to a positive value of -905.685 million yuan in the same period last year, reaching 2,474,400 yuan. Net profit also rose sharply from -87.8938 million yuan to 184.301 million yuan, with a growth rate of 120.97%. This shift was mainly due to the increase in the company's big data business profit. Gross margin and net profit margin reached 35.1% and 8.87%, respectively. Compared with the same period last year, there was a significant increase. In particular, net profit margin changed from negative to positive, indicating a significant improvement in the company's profitability.
In terms of cash flow, ST Shida's net cash flow from operating activities during the reporting period was -49,2584 million yuan, a year-on-year decrease of 717.52%. This is mainly due to the increase in the company's purchases and other payments during the reporting period. The total cash inflow from operating activities was $154 million, up from $112 million in the same period last year, while the cash outflow subtotal was $203 million, an increase from $104 million in the same period last year.
In summary, ST Shida's overall business conditions in the third quarter of 2023 showed a positive trend. The company's growth in the big data business provided strong support for the increase in operating income and net profit. Although net cash flow has declined, considering the increase in the company's business investment, this is also to a certain extent a phased phenomenon necessary for enterprise development.
For investors, ST Shida's financial data shows that the company is undergoing a period of positive transformation, and the growth of the big data business has provided new impetus for the company's future development. Investors should pay close attention to the company's business developments and market trends to make more informed investment decisions. At the same time, considering the company's current cash flow situation, investors should remain cautious and pay attention to future improvements in the company's cash flow and its impact on the company's long-term financial health.
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.