Announcement time of this financial report: 2023-10-23 19:40:51

Lingwei Technology (Stock Code: 301373) is a company specializing in the research, development, production and sales of new nano-materials, and its main business is to dig deep into the market of mid-and high-end nano-silica products. The company has won wide market recognition for its high-quality products and professional services, and is committed to continuous innovation and enhance customer value.

In terms of assets and liabilities, Lingwei's total assets in the third quarter of 2023 were 1.562 billion yuan, an increase of 116.54 percent from 721 million yuan at the end of last year. The total liabilities were 98.7573 million yuan, down from 104 million yuan at the end of last year. The net asset was 1.463 billion yuan, an increase of 136.95% compared with 618 million yuan at the end of last year, and the asset-liability ratio was 6.32%, down from 14.35% at the end of last year. These figures show that the company's assets are expanding, its liabilities are decreasing, and the company's financial position is improving.

In terms of profit, Lingwei's operating income in the third quarter of 2023 was 351 million yuan, up 18.93% from 295 million yuan in the same period last year. The operating profit was 105 million yuan, an increase of 26.25% compared with 83.155 million yuan in the same period last year. The net profit was 89.7296 million yuan, an increase of 31.12% compared with 68.4155 million yuan in the same period last year. These figures show that the company's profitability is improving, with an increase in operating income, operating profit and net profit.

In terms of cash flow, the net cash flow generated by Lingwei's operating activities in the third quarter of 2023 was 59.9859 million yuan, down from 73.7982 million yuan in the same period last year. Cash inflows from operating activities totaled 316 million yuan, up from 282 million yuan in the same period last year. Cash outflow from operating activities totaled 256 million yuan, up from 208 million yuan in the same period last year. These data show that the company's cash flow position is relatively stable, although the net cash flow generated by operating activities has decreased, the cash inflow and outflow from operating activities are increasing, mainly due to the increase in cash and taxes paid for the purchase of goods in the current period.

Generally speaking, Lingwei Technology has a good operating condition in the third quarter of 2023, with the expansion of assets, the reduction of liabilities, the improvement of profitability and the stability of cash flow. All these show that the operating condition of the company is improving and the development prospect is more optimistic.

For investors, Lingwei Technology has a sound performance and good financial position, so it is an investment object worthy of attention. However, investors should also note that although the company's operating conditions are improving, the changes in the market environment, the intensification of industry competition and other factors may have an impact on the future development of the company. Therefore, investors need to comprehensively consider various factors and make prudent decisions when making 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.