Zhangzi Island (Stock Code: 002069) 2023 China report has been announced. Judging from the financial data, the operating condition of Zhangzi Island has fluctuated in this reporting period.
First of all, we are concerned about operating income. Operating income during the reporting period was 842040705.51 yuan, down 20.63% from 1060891921.21 yuan in the same period last year. Mainly due to the holding subsidiary Qingdao Frontier Ocean seed Co., Ltd. Oyster seedling business due to the adjustment of cooperation mode and the impact of the market market led to a large decline in revenue compared with the same period last year.
However, during the reporting period, the company actively implemented the marine power strategy, closely focused on the marine economic planning bureau of Liaoning Province and Dalian, focused on the main marine industry, deeply ploughed the construction of national marine pastures, and consolidated the chain of high-quality marine food industry. enhance market awareness and consumption energy levels, create product quality standards and traceability system highlands, and continuously optimize terminal structure, product structure and asset structure We will continue to carry out measures to reduce weight, reduce costs and increase efficiency, and actively promote industrial upgrading, technological innovation and brand revitalization. Therefore, in the case of a reduction in revenue, the company has achieved an increase in profits.
Among them, the net profit belonging to the shareholders of listed companies has risen against the trend. The net profit for the reporting period was 4412195.77 yuan, an increase of 129.94% compared with-14738840.44 yuan in the same period last year. In addition, the net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses also increased, with 5950355.97 yuan in the reporting period, an increase of 171.35% compared with-8340163.64 yuan in the same period last year. All this shows that the company's profitability has improved.
In terms of cash flow, the net cash flow generated by operating activities was 85320418.18 yuan, down 30.07% from 122002898.13 yuan in the same period last year. Mainly due to the holding subsidiary Qingdao Frontier Ocean seed Co., Ltd. Oyster seedling business due to the adjustment of cooperation mode and the impact of the market situation led to a large decline in revenue compared with the same period last year.
In terms of assets and liabilities, the total assets at the end of this report were 2388749105.15 yuan, down 1.89 percent from 2434836983.55 yuan at the end of the previous year. The net assets belonging to shareholders of listed companies were 78275732.81 yuan at the end of this report, an increase of 19.72% compared with 65383957.99 yuan at the end of the previous year. This may indicate that the company has made some adjustments in asset management and liability control.
From the perspective of financial data, the operating condition of Zhangzi Island fluctuated during the mid-reporting period in 2023, with a decline in operating income, but net profit rose against the trend. This may indicate that the company is actively seeking transformation and optimization while facing market pressure. As a financial analyst, I think investors should comprehensively consider the company's operating conditions, market environment and the company's future development strategy when considering investing in Zhangzi Island.
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.