Guangju Energy (Stock Code: 000096) 2023 China report has been announced. The operating income in the reporting period was 1191484346.37 yuan, an increase of 28.33% compared with 928455992.07 yuan in the same period last year. Mainly due to the increase in sales of refined oil business and dangerous chemicals business in this period.
The company's main business includes wholesale, retail and warehousing of refined oil, land and property leasing, chemical trade, as well as equity investments such as securities investment and power enterprises.
However, the net profit attributed to shareholders of listed companies during the reporting period was 26458502.26 yuan, down 25.05% from 35303727.46 yuan in the same period last year. This could mean a decline in the company's profitability. At the same time, the net profit after deducting non-recurring gains and losses belonging to shareholders of listed companies during the reporting period was 20996301.92 yuan, down 27.73% from 29052581.15 yuan in the same period last year, which further confirms the decline in the company's profitability.
In terms of cash flow, the net cash flow generated by operating activities during the reporting period was-35838848.66 yuan, an increase of 13.06% compared with-41220229.77 yuan in the same period last year. It is mainly due to: 1. The cash payment for the purchase and sale activities of the refined oil business and dangerous chemicals business in the current period; 2. Guangju billion liters received compensation for the removal of land lease land equipment in advance in the current period; 3. Interest income decreased in the current period. At the same time, the net cash flow generated by investment activities was 6463738.12 yuan, compared with-16338438.10 yuan in the same period last year, the cash inflow increased significantly, mainly due to the extension of the land use right of gas stations to pay land prices and taxes in the same period last year. The net cash flow generated by fund-raising activities was 19468917.97 yuan, compared with-2589747.72 yuan in the same period last year, and the cash inflow also increased significantly, mainly due to the increase in the trade volume of dangerous chemicals business, as a result of the shift to bank loans during the capital week.
The total assets at the end of this report were 2795973197.67 yuan, an increase of 1.61% compared with 2751801797.64 yuan at the end of the previous year. At the end of this report, the net assets belonging to the shareholders of listed companies were 2590530626.76 yuan, an increase of 0.53% compared with 2576887424.37 yuan at the end of the previous year. This shows that the size of the company's assets is growing steadily, but the growth rate of net assets is relatively slow.
Basic earnings per share for the reporting period was 0.0501 yuan per share, down 25.11 percent from 0.0669 yuan per share in the same period last year. Diluted earnings per share was also 0.0501 yuan per share, down from 0.0669 yuan per share in the same period last year. This may mean a decline in the profitability of the company, which has a certain impact on the earnings of shareholders.
Generally speaking, in the operating activities of Guangju Energy in the first half of 2023, the operating income increased significantly, but the net profit and earnings per share declined. In terms of cash flow, net cash flows from operating and investment activities have improved. In terms of asset size, both total assets and net assets have increased, but the growth rate is relatively small.
As a financial analyst, I think Guangju Energy has achieved some results in business development, but there has been a decline in profitability, which may have a certain impact on the company's long-term development. Therefore, investors need to fully take this into account when considering investing in Guangju Energy. At the same time, the performance of Guangju Energy in terms of cash flow and asset size is also worthy of investors' attention.
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.