Majestic Technology (stock code: 688216) is a company specializing in integrated circuit packaging and testing. According to the information in the financial report, majestic technology belongs to the integrated circuit manufacturing industry under the computer, communications and other electronic equipment manufacturing industry, which is divided into the integrated circuit packaging and testing industry. However, during the reporting period, due to the impact of the international economic environment, the market of terminal consumer electronics was in the doldrums, and the global semiconductors were in a downward cycle, resulting in weak demand for closed testing of integrated circuits. Therefore, majestic science and technology is facing great challenges in this period.

First of all, let's take a look at the operating income of majestic technology. According to the financial report, during the mid-reporting period in 2023, the operating income of majestic Technology was 247 million yuan, down from 287 million yuan in the same period last year. According to the company's explanation, this is due to the impact of macroeconomic and industrial cyclical fluctuations, the company's product sales are lower than expected, resulting in a decrease in operating income. This shows that although magnificent technology has certain advantages in integrated circuit packaging and testing business, it still can not resist the impact of the overall market environment.

Next, let's take a look at the operating costs of stylish technology. During the mid-reporting period in 2023, the operating cost of Fairview Technology was 283 million yuan, an increase compared with 251 million yuan in the same period last year. According to the company's explanation, this is because the increase in investment in fixed assets leads to an increase in depreciation and amortization expenses, as well as an increase in labor costs, resulting in an increase in operating costs. This shows that majestic science and technology has invested more resources in expanding production scale and improving production efficiency, but it has also led to an increase in costs.

Let's take a look at the debt of majestic technology. At the end of the mid-reporting period in 2023, the total debt of Fairview Technology was 1.031 billion yuan, up from 898 million yuan at the beginning of the year. At the same time, the asset-liability ratio rose from 50.24% at the beginning of the year to 56.12% at the end of the period. This shows that the debt level of majestic technology has increased during the reporting period, but it may also be that the company has increased debt financing in order to expand the scale of production and operations.

Next, let's take a look at the profits of majestic technology. During the mid-reporting period in 2023, the operating profit of majestic Technology was-841 million yuan, down from-5.24 million yuan in the same period last year. At the same time, the net profit of shareholders of listed companies after deducting non-recurring gains and losses was-837 million yuan, down from-8.97 million yuan in the same period last year. This shows that despite the expansion of production and operation scale, its profitability declined during the reporting period.

Let's take a look at the cash flow of majestic technology. During the mid-reporting period in 2023, the net cash flow generated by majestic science and technology business activities was-1.1 million yuan, which was lower than that of 1480 million yuan in the same period last year. At the same time, the net cash flow generated by investment activities was-177 million yuan, up from-255 million yuan in the same period last year. This shows that although magnificent technology has a certain cash outflow in business activities and investment activities, its cash flow is relatively stable.

Finally, let's take a look at the assets of majestic technology. At the end of the mid-reporting period in 2023, the assets of majestic technology totaled 1.837 billion yuan, up from 1.788 billion yuan at the beginning of the year. At the same time, the net asset at the end of the period was 806 million yuan, down from 890 million yuan at the beginning of the year. This shows that although the total assets of Magnificent Technology increased during the reporting period, its net worth decreased.

Generally speaking, majestic technology faces some challenges during the mid-reporting period in 2023, including the reduction of operating income, the increase of operating costs, the increase of debt, the decline of profits and so on. But at the same time, majestic technology has also made some progress in expanding production and operation scale, increasing debt financing and stabilizing cash flow. Therefore, for investors, it is necessary to pay close attention to the future business situation of majestic technology and the changes of the market environment in order to make correct investment decisions.

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.