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锦盛新材2023中报解读:业绩下滑,财务状况堪忧

Interpretation of Jinsheng New Materials 2023 Interim Report: Performance is declining, financial conditions are worrying

businesstimes cn ·  Aug 22, 2023 17:21

The company's operating income was 120028215.57 yuan, down 13.95% from 139490025.60 yuan in the same period last year, according to Jinsheng Xincai 2023. This indicates that the company's sales performance declined during the reporting period, which may be due to changes in the market environment or the adjustment of the company's business strategy.

To make matters worse, the net profit attributed to shareholders of listed companies was-9050643.31 yuan, down 434.89% from 2702585.36 yuan in the same period last year. This means that instead of making a profit, the company lost money during the reporting period. This is a very serious problem for any listed company, which requires in-depth analysis and reflection by the senior management of the company.

In addition, the net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses was-13124910.34 yuan, down 403.08% from-2608913.54 yuan in the same period last year. This further confirms that there were serious problems with the company's operations during the reporting period.

From the perspective of cash flow, the net cash flow generated by operating activities was 2912998.71 yuan, down 85.97% from 20758701.57 yuan in the same period last year. This indicates a significant decrease in cash flow from the company's operating activities during the reporting period, which may be due to a decline in the company's sales revenue or an increase in costs. The net cash flow generated by investment activities was-66786812.35 yuan, an increase in losses compared with-36181090.31 yuan in the same period last year. This may be due to the increased investment activities of the company during the reporting period, but these investment activities did not bring the expected return.

In terms of assets and liabilities, the company's total assets were 836472240.91 yuan, an increase of 4.64 percent compared with 799363305.72 yuan at the end of last year. However, the net assets belonging to shareholders of listed companies were 636225909.21 yuan, down 1.40% from 645276552.52 yuan at the end of last year. This indicates that the company's liabilities increased during the reporting period, while its net assets declined, which is a very bad sign for the company's financial position.

Generally speaking, according to the data reported by Jinsheng Xincai in 2023, there were serious problems with the company's operating conditions during the reporting period, including not only a decline in sales performance, but also a loss, while the company's liabilities increased and its net assets declined. Cash flow decreased and losses on investment activities increased. All these indicate that there are serious problems in the company's financial situation during the reporting period, which requires in-depth analysis and reflection by the senior management of the company.

As a financial analyst, I think when investors consider whether to invest in Jinsheng new materials, they need to have an in-depth analysis and understanding of the company's financial situation, and also need to pay attention to the changes of the company's future business strategy and market environment.

This article only represents the judgment made by the analyst himself or the analyst on the basis of AI analysis, and can not be used as any investment index, nor does it constitute any investment advice. The original intention of this paper is to help investors analyze and judge the capital market data in the most intuitive and fast 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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