Announcement time of this financial report: 2023-10-25 18:07:14

Hammer Technology (stock code: 300084) is a company specializing in high-end equipment manufacturing, oil and gas field technical services and oil and gas field digital business. The company has growth potential in a favorable market environment, such as the increase in global oil and gas capital expenditure, the promotion of digital and intelligent technology, and the improvement of energy security and oil and gas exploration and development in China. Under the background of accelerating the planning and construction of a new energy system in China's energy development, Haimo Technology Company will continue to promote the energy revolution, improve the level of energy security, promote new breakthroughs in oil and gas exploration and development, and contribute to the energy development of our country.

In terms of assets and liabilities, Hammer Technology's total assets in the third quarter of 2023 were 1.968 billion yuan, down from 2.067 billion yuan at the end of last year. The total liabilities were 919 million yuan, down from 1.027 billion yuan at the end of the previous year. The net asset was 1.049 billion yuan, slightly higher than the 1.04 billion yuan at the end of last year. The asset-liability ratio was 46.72%, down from 49.69% at the end of the previous year. This shows that the debt structure of the company has improved and its solvency has improved.

In terms of profit, the company's operating income in the third quarter of 2023 was 352 million yuan, an increase of 33.98% over 263 million yuan in the same period last year, and its operating profit was 3.5523 million yuan, which turned a loss into a profit from-45.7236 million yuan in the same period last year. The net profit was 1.4806 million yuan, up from-45.926 million yuan in the same period last year. This is mainly due to the continued high international oil prices, the company's orders increased compared with the same period last year.

In terms of cash flow, the net cash flow generated by the company's operating activities in the third quarter of 2023 was 89.7314 million yuan, an increase of 216.59% compared with 28.3429 million yuan in the same period last year. This is mainly due to the increase in customer rebates received by the company compared with the same period last year.

To sum up, the operating situation of Hammer Technology has improved in the third quarter of 2023, the net profit has been turned into profit, the net cash flow has increased significantly, and the debt structure has also improved. However, the company's total assets have declined, which may be due to the company's spending on debt repayment and investment.

For investors, the improvement of the operating condition of Haimer Technology and the optimization of debt structure are positive signals. However, investors also need to pay attention to the decline of the company's total assets, as well as the company's future development strategy and changes in the market environment. Generally speaking, Hammer Technology is a potential investment object, but investors need to do a good job in risk management and invest carefully.

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.