According to the 2023 interim report of Zhuhai Zhongfu, the company's revenue for the reporting period was 726,679,284.30 yuan, an increase of 4.53% over 695,202,647.47 yuan in the same period last year. This shows that the company has achieved certain results in its business activities, and the increase in operating income is very important to the company's development.
Meanwhile, net profit attributable to shareholders of listed companies during the reporting period was 52,110,540.58 yuan, an increase of 344.40% compared to -21,321,824.57 yuan in the same period last year. This is a very significant rebound. However, net profit attributable to shareholders of listed companies during the reporting period after deducting non-recurring profit and loss was -16,454,204.75 yuan, a decrease of 23.85% compared to -13,285,114.73 yuan in the same period last year. This indicates that the company's operating efficiency still needs to be improved.
In terms of cash flow, net cash flow from operating activities during the reporting period was $36,915,268.13, a decrease of 60.11% compared to $92,533,026.72 in the same period last year. This may mean a decrease in the company's cash flow from operating activities. The reason for the change is mainly due to a decrease in incremental VAT withholding tax refunds received this year and an increase in deferred tax payments for previous years this year.
In terms of assets and liabilities, total assets at the end of the reporting period were $2,052,779,811.42, a decrease of 3.81% compared to $2,134,164,896.14 at the end of the previous year. Meanwhile, net assets attributable to shareholders of listed companies at the end of the reporting period were RMB 441,376,067.21, an increase of 9.20% compared to RMB 404,200,319.78 at the end of the previous year. This indicates that the company's net assets are growing, but total assets are declining. This may be due to the company optimizing its asset structure and reducing ineffective assets.
In terms of liabilities, total current liabilities at the end of the reporting period were $1,569,002,543.55, a decrease of 7.22% compared to $1,690,952,520.03 at the beginning of the year. Total non-current liabilities were $125,296,483.81, up 2.80% from $121,882,086.87 at the beginning of the year. This shows that the company is optimizing its debt structure and reducing current liabilities, but non-current liabilities have increased.
In terms of the cash flow statement, net cash flow from investment activities during the reporting period was $32,982,263.79, an increase of 182.64% compared to -$39,917,340.50 in the same period last year. The reason for the change is mainly due to the subsidiary's land being stored by the government this year and the increase in land collection and storage payments received. Net cash flow from fund-raising activities was -110,467,266.00 yuan, a decrease of 91.23% compared to -57,779,915.93 yuan in the same period last year. The reason for the change is mainly due to an increase in cash for debt repayment payments this year.
Overall, Zhuhai Zhongfu showed a certain development momentum in the 2023 interim report. Both operating income and net profit have increased, but there is still room to improve in terms of operating efficiency, cash flow, and balance and liabilities. As investors, we should pay attention to the company's operating and financial conditions in order to make better 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.