According to Qingshui Source's 2023 interim report data, revenue for the reporting period was 560,055,919.70 yuan, down 45.09% from 1,019,928,872.38 yuan in the same period last year. This indicates that the company's business scale has shrunk during this reporting period.
Meanwhile, net profit attributable to shareholders of listed companies for the reporting period was -8,861,085.09 yuan, down 108.29% from 106,834,551.03 yuan in the same period last year. This means that the company not only did not achieve profit during the reporting period, but also lost money. Looking further, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss during the reporting period was -8,877,566.90 yuan, down 108.95% from 99,186,957.65 yuan in the same period last year. This further confirms the decline in the company's profitability during this reporting period.
Total assets at the end of the reporting period were $2,867,086,618.15, down 8.41% from $3,130,513,886.74 at the end of the previous year. This indicates that the size of the company's assets has shrunk during the reporting period. At the same time, owners' equity attributable to shareholders of listed companies at the end of the reporting period was 1,595,691,279.54 yuan, down 0.22% from 1,599,215,445.62 yuan at the end of the previous year. This indicates that the company's net assets remained stable during the reporting period.
Judging from the balance sheet, total current assets at the end of the reporting period were 1,100,655,210.91 yuan, total non-current assets were 1,766,431,407.24 yuan, total current liabilities were 1,030,635,055.43 yuan, total non-current liabilities were 230,117,202.23 yuan, total owners' equity was 1,606,334,360.49 yuan, and total liabilities and owners' equity was 2,867,086,618.15 yuan. This indicates that the company's asset structure and liability structure remained generally stable during the reporting period.
Judging from the cash flow statement, the net cash flow from operating activities during the reporting period was -1,846,980.02 yuan, down 102.39% from the same period last year. Net cash flow from investing activities was $42,776,065.28, and net cash flow from financing activities was -79,323,448.85. This indicates that the company's cash inflows during the reporting period mainly came from investment activities.
Overall, Qingshuiyuan's performance in the 2023 interim report was relatively weak. Both operating income and net profit declined sharply, and cash flow pressure was also quite evident. In the future, the company needs to strengthen management of business activities to increase operating income and net profit. At the same time, it also needs to properly plan investment and financing activities to improve cash flow conditions. For investors, they need to pay close attention to the company's operating conditions and financial conditions and invest carefully.
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.