According to the 2023 interim report of Fucheng Co., Ltd., revenue for the reporting period was 571,224,082.44 yuan, an increase of 1.93% over 560,410,850.70 yuan in the same period last year. However, this slight increase doesn't mask the problems behind it. Despite the increase in operating income, the net cash flow from its operating activities was -2,789,427.50 yuan, down 104.30% from 64,806,764.61 yuan in the same period last year. This phenomenon deserves our attention.
Looking at the net profit attributable to shareholders of listed companies, the reporting period was 92,702,661.32 yuan, an increase of 13.27% compared to 81,840,039.10 yuan in the same period last year, indicating an increase in the company's profitability. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss during the reporting period was $98,439,618.54, up 30.28% from $75,560,844.12 in the same period last year. This increase further shows that the company's main business capacity has been substantially improved.
From the perspective of assets and liabilities, total assets at the end of the reporting period were 2,572,604,305.05 yuan, an increase of 3.43% compared to 2,487,402,852.19 yuan at the end of the previous year. However, total current assets were 1,339,981,667.79 yuan, down from 1,435,468,959.12 yuan at the beginning of the year. This shows that companies should strengthen the management of current assets.
Looking at the cash flow statement again, the net cash flow from investment activities was -197,966,813.68 yuan, an increase over the loss of -87,633,334.40 yuan in the same period last year. This is because the company has increased its investment efforts and is making positive efforts for the company's long-term development.
In summary, although the 2023 interim report of Fucheng Co., Ltd. showed an increase in its performance, from the perspective of cash flow and balance liabilities, the company's operating conditions are not optimistic. We suggest that investors should thoroughly analyze their financial reports and make careful decisions when investing in Fucheng shares.
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.