Announcement time of this financial report: 2023-10-27 16:19:55
Xianhe (Stock Code: 003016) is a company focused on the high-end women's wear market, committed to building China's own high-end women's wear brand. The company has a number of independent brands, including JORYA, JORYA weekend, A NM A NI (Enmanlin), GIVH SHYH, CAROLINE, AIVEI and so on. Among them, the JORYA brand has been established for more than 30 years and has gained high recognition and market position in the market with its unique product style. The company has established a sales network covering major cities throughout the country through independent R & D and design and a complete production supply chain.
In terms of assets and liabilities, Xinhe shares had total assets of 3.535 billion yuan at the end of the third quarter of 2023, down from 3.645 billion yuan at the end of the previous year. The total liabilities were 693 million yuan, down from 797 million yuan at the end of last year. The net asset was 2.842 billion yuan, slightly lower than the 2.848 billion yuan at the end of last year. The asset-liability ratio was 19.6%, down from 21.86% at the end of the previous year. This shows that the company's balance sheet is generally sound.
In terms of profit, the operating income of Xinhe shares in the third quarter of 2023 was 1.297 billion yuan, which was not much different from that of 1.304 billion yuan in the same period last year. Operating profit was 158 million yuan, down from 175 million yuan in the same period last year. The operating cost was 388 million yuan, down slightly from 391 million yuan in the same period last year. The net profit was 117 million yuan, down from 129 million yuan in the same period last year. The gross profit margin was 70.09%, which was basically the same as that of 70.04% in the same period last year. The net interest rate was 9.01%, down from 9.92% in the same period last year. This shows that the company's profitability has declined.
In terms of cash flow, the net cash flow generated by operating activities in the third quarter of 2023 was 234 million yuan, a significant increase from 174 million yuan in the same period last year. The cash inflow from operating activities totaled 1.407 billion yuan, which was not much different from that of 1.423 billion yuan in the same period last year. Cash outflow from operating activities totaled 1.173 billion yuan, down from 1.249 billion yuan in the same period last year. This shows that the company's cash flow is in good condition, and the net cash flow generated by operating activities has increased significantly.
To sum up, Xianhe shares had a sound balance sheet in the third quarter of 2023, with a significant increase in cash flow but a decline in profitability. For investors, they can pay attention to the recovery of the company's profitability in the future. at the same time, the company's cash flow is in good condition, which provides a good guarantee for the future development of the company.
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.