Announcement time of this financial report: 2023-10-25 19:33:12

ST Jinyun (Stock Code: 300220) is a company specializing in manufacturing, wholesale and retail. Its industrial intelligent application plate is mainly engaged in the manufacturing business of high-end digital laser equipment, and its products are widely used in the manufacturing field. At the same time, the company also has a business intelligence application section, mainly engaged in IP derivatives operation business, the main product is Chao play (blind box), the main consumers are young groups and high-end players.

In terms of assets and liabilities, ST's total assets in the third quarter of 2023 were 338 million yuan, down 4.93% from 356 million yuan at the end of last year. The total liabilities were 252 million yuan, which was basically the same as the 253 million yuan at the end of last year. The net asset was 86.2697 million yuan, down 16.72% from 103 million yuan at the end of last year. The asset-liability ratio was 74.5%, up from 71.06% at the end of the previous year. This may be related to the recovery of the investment cost of the invested unit and part of the investment income, as well as the repayment of bank loans and other factors.

In terms of profit, ST's operating income in the third quarter of 2023 was 214 million yuan, an increase of 3.98% from 205 million yuan in the same period last year. The operating cost was 147 million yuan, up 8.89% from 135 million yuan in the same period last year. Gross profit margin was 31.24%, down from 34.1% in the same period last year. Return on equity (ROE) is-15.52%, indicating that the company's profitability needs to be improved. This may be related to factors such as strengthening art design and interactive experience settings on the product side to enhance product competitiveness and reducing the size of IP derivatives operations.

In terms of cash flow, the net cash flow generated by ST's operating activities in the third quarter of 2023 was 32.8257 million yuan, an increase of 331.93% from-14.153 million yuan in the same period last year. Cash inflows from operating activities totaled 223 million yuan, up 6.70 percent from 209 million yuan in the same period last year. Cash outflow from operating activities totaled 190 million yuan, down 14.80% from 223 million yuan in the same period last year.

To sum up, ST Financial Co., Ltd. has a stable business performance in the manufacturing and wholesale and retail sectors, and has achieved business growth through continuous innovation and market expansion. However, the company's asset-liability ratio has increased, profitability needs to be improved, and the net cash flow has increased significantly. These factors may have an impact on the future development of the company.

For investors, ST's business is stable and has a certain growth potential, but it needs to pay attention to the company's asset-liability ratio and profitability. It is suggested that investors should comprehensively consider the financial indicators and business situation of the company 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.