According to Jifeng Technology's 2023 interim report, the company's revenue was 1,264,412,363.63 yuan, down 1.11% from 1,278,620,041.59 yuan in the same period last year. Despite a decline in operating income, the company's net profit performed well. Net profit attributable to shareholders of listed companies was 7,702,028.39 yuan, an increase of 52.54% compared to 5,049,250.95 yuan in the same period last year. Meanwhile, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $6,864,931.99, an increase of 64.00% compared to RMB 4,185,872.30 in the same period last year. This indicates an increase in the company's profitability.
However, the company's cash flow performance was not ideal. Net cash flow from operating activities was $20,855,854.66, down 80.03% from $104,437,569.21 in the same period last year. This may mean an increase in the company's operating cash flow, and further attention needs to be paid to the company's operating cash flow situation.
In terms of assets, the company's total assets were 2,068,827,594.17 yuan, an increase of 27.25% compared to 1,625,807,207.99 yuan at the end of the previous year. This indicates that the size of the company's assets is expanding. Meanwhile, net assets attributable to shareholders of listed companies were 510,007,926.45 yuan, an increase of 456.62% compared to 91,626,473.71 yuan at the end of the previous year. This indicates a significant increase in the company's net assets and an improvement in the company's financial position.
In terms of liabilities, the company's total current liabilities were 1,199,228,754.77 yuan, down from 1,213,750,824.63 yuan at the beginning of the year. Total non-current liabilities were $22,324,077.66, up from $19,512,427.91 at the beginning of the year. This may mean that the company's short-term solvency has improved, but its long-term solvency may have declined.
In terms of cash flow, net cash flow from investment activities was $288,079.73, a sharp drop from $7,347,377.51 in the same period last year. Net cash flow from fund-raising activities was $29,011,414.77, a significant improvement compared to -$103,414,830.90 in the same period last year. The balance of cash and cash equivalents at the end of the period was $271,096,606.23, up from $169,568,848.38 in the same period last year.
Overall, Jifeng Technology's 2023 interim report shows that the company's net profit has increased significantly, but net cash flow has declined, and total assets and net assets have increased dramatically. This indicates that the company's profitability has increased, but cash flow management needs to be improved, while the size of the company's assets is expanding and the financial situation has improved. When investing, investors need to comprehensively consider the company's financial indicators, as well as the company's operating conditions and industry prospects.
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.