According to the 2023 interim report data of Longbai Group, revenue for the reporting period was 13,247,982,179.80 yuan, an increase of 6.84% over 12,400,019,233.78 yuan in the same period last year. However, the net profit attributable to shareholders of listed companies during the reporting period was 1,262,072,693.81 yuan, down 44.31% from 2,266,206,063.33 yuan in the same period last year. This indicates that the company's profitability is under certain pressure.
Further, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss during the reporting period was 1,196,084,786.87 yuan, down 46.23% from 2,224,487,401.11 yuan in the same period last year. This further confirms the decline in the company's profitability.
In terms of the company's earnings per share, the basic earnings per share for the reporting period were 0.53 yuan/share, down 47.52% from 1.01 yuan/share in the same period last year, and diluted earnings per share were 0.52 yuan/share, down 48.51% from 1.01 yuan/share in the same period last year. This further reflects the decline in the company's profitability. Meanwhile, the weighted average return on net assets for the reporting period was 5.74%, down 6.23% from 11.97% in the same period last year, which indicates that the company's asset operation efficiency has declined.
In terms of the company's assets and liabilities, the total assets at the end of the reporting period were 63,463,370,699.32 yuan, an increase of 7.23% compared to 59,185,986,596.16 yuan at the end of the previous year, indicating that the company's asset scale is expanding. At the same time, owners' equity attributable to shareholders of listed companies at the end of the reporting period was RMB 22,461,389,320.60, an increase of 7.89% compared to RMB 20,818,419,262.36 at the end of the previous year. This indicates that the size of the company's net assets is also expanding.
In terms of cash flow, the net cash flow generated from operating activities during the reporting period was 819,957,053.39 yuan, down 51.18% from 1,679,668,528.78 yuan in the same period last year. This was mainly due to a decrease in payments received by wire transfer in the current period and an increase in employee remuneration paid. Meanwhile, the net cash flow from investment activities during the reporting period was -1,498,630,282.10 yuan, an increase over the loss of -1,426,119,280.07 yuan in the same period last year. However, the net cash flow from financing activities during the reporting period was 1,042,088,077.29 yuan, a significant increase compared to -40,466,920.94 yuan in the same period last year. This was mainly due to the increase in investment absorption by national titanium in the current period.
Overall, Longbai Group's 2023 interim report shows that the company's business scale is steadily expanding, but profitability is under pressure, cash inflows have declined, and asset operation efficiency has declined. Therefore, investors need to carefully consider the company's circumstances when investing.
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.