According to Meiyingsen's 2023 interim report, the company's revenue was 1,663,911,501.17 yuan, down 13.76% from 1,929,354,116.79 yuan in the same period last year. Despite a decline in operating income, net profit attributable to shareholders of listed companies showed a strong growth momentum. Net profit for the reporting period was 101,703,511.79 yuan, an increase of 47.09% compared to 69,143,704.44 yuan in the same period last year. At the same time, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss also increased significantly. The reporting period was 88,604,741.44 yuan, an increase of 95.67% compared to 45,282,612.73 yuan in the same period last year.
In terms of cash flow, net cash flow from operating activities was $166,471,020.13, down 33.05% from $248,647,459.43 in the same period last year. This could mean that the efficiency of the company's operations in terms of cash flow has declined. However, the net cash flow from investment activities was -56,577,723.02 yuan. Compared with -110,348,598.99 yuan in the same period last year, the loss decreased, indicating an increase in the company's cash inflow from investment.
From the perspective of assets and liabilities, total assets at the end of the reporting period were 7,345,160,096.19 yuan, a slight decrease of 0.78% compared to 7,403,011,903.87 yuan at the end of the previous year. Net assets attributable to shareholders of listed companies were 5,018,165,090.36 yuan at the end of the reporting period, up 2.07% from 4,916,529,413.17 yuan at the end of the previous year. This shows that the company's net worth is growing steadily.
In terms of liabilities, total current liabilities were $1,633,461,490.56, down from $1,931,198,236.27 at the beginning of the year. Total non-current liabilities were $635,392,255.42, up from $498,968,497.88 at the beginning of the year. This could mean that companies have improved in repaying short-term debt, but long-term debt has increased.
From the perspective of shareholder returns, the basic earnings per share for the reporting period was 0.0664 yuan/share, an increase of 46.90% compared to 0.0452 yuan/share in the same period last year. Meanwhile, the weighted average return on net assets was 2.05%, up 0.62 percentage points from 1.43% in the same period last year. This indicates that the company's profitability and asset operation efficiency have improved.
Overall, although Mei Yingsen's operating income in the 2023 interim report declined, both net profit and net profit after deducting non-recurring profit and loss increased significantly, showing that the company's good profitability is good. At the same time, while the company's net cash flow declined, the cash outflow from investing activities declined. In terms of assets and liabilities, the company's net assets are growing steadily, current liabilities have declined, but non-current liabilities have increased. From the perspective of shareholder returns, the company's basic earnings per share and the weighted average return on net assets have both increased.
As a financial analyst, I think Mei Yingsen has excelled in terms of profitability and asset operation efficiency, but further improvements are needed in cash flow management and long-term debt control. For investors, they can pay attention to the company's profitability and asset operation efficiency. At the same time, they also need to pay attention to the company's cash flow and liabilities to make more comprehensive investment decisions.
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.