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爱慕股份2023中报解读:盈利增长显著,但资产负债表和现金流量表引发疑虑

Interpretation of the 2023 Interim Report of Aimu Co., Ltd.: Profit has increased significantly, but the balance sheet and cash flow statement have raised doubts

businesstimes cn ·  Aug 20, 2023 15:29

The revenue of Aimu Co., Ltd. for the first half of 2023 was 1,748,234,443.13 yuan, an increase of 2.78% compared to 1,700,955,707.97 yuan in the same period last year. This indicates that the company's sales performance has improved to a certain extent. However, this growth has not been significant, which may mean that the company's market share has not increased significantly, or that its sales strategy has not had the expected results.

In terms of net profit, net profit attributable to shareholders of listed companies was 192,130,017.60 yuan, an increase of 27.37% compared to 150,842,161.21 yuan in the same period last year. This indicates an increase in the company's profitability. Net profit after deducting non-recurring profit and loss was $174,872,863.90, an increase of 44.62% compared to $120,922,633.77 in the same period last year. This further shows that the company's main business capabilities have been substantially improved.

In terms of assets and liabilities, net assets attributable to shareholders of listed companies at the end of the reporting period were 4,385,131,898.89 yuan, down 2.15% from 4,481,515,904.13 yuan at the end of the previous year. This could mean that the company's financial situation has deteriorated to some extent. Furthermore, total assets at the end of the reporting period were 5,170,941,280.84 yuan, an increase of 0.83% compared to 5,128,323,175.00 yuan at the end of the previous year. This may mean that the size of the company's assets has increased to a certain extent, but the growth has not been significant.

In terms of cash flow, net cash flow from operating activities was 601,606,142.92 yuan, an increase of 71.62% compared to 350,548,335.71 yuan in the same period last year. This may mean that the company's business activities have improved to some extent. However, net cash flow from investing activities was -90,501,521.84 yuan, an improvement from -183,698,472.29 yuan in the same period last year, but still negative. This may mean that the company's investment activities have not yielded the expected return.

Overall, although the profitability of Aimu Co., Ltd. improved in the first half of 2023, the performance of its balance sheet and cash flow statement raised some doubts. In particular, the net cash flow from its investing activities remains negative, which may mean that the company's investment activities have not yielded the expected return. Therefore, when considering investing in Aimu shares, investors should conduct a more in-depth analysis of their financial situation and consider the risks they may face.

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.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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