Announcement time of this financial report: 2023-10-27 16:35:53

Guozhong Water (Stock Code: 600187) is a company that belongs to the water production and supply industry in the industry classification guidelines of the China Securities Regulatory Commission. The company is mainly engaged in sewage treatment and environmental protection engineering and technical service business, using franchise model, investment in the construction and operation of sewage treatment facilities. The company has a nationwide investment and operation capacity, through the subordinate sewage treatment project companies and environmental protection engineering and technical service companies to carry out the main business.

In terms of assets and liabilities, the total assets of Guozhong Water Affairs in the third quarter of 2023 were 3.662 billion yuan, down from 4.021 billion yuan at the end of last year. The total liabilities were 425 million yuan, which was nearly half of the 840 million yuan at the end of last year. The net asset was 3.237 billion yuan, a slight increase from 3.18 billion yuan at the end of last year. The asset-liability ratio was 11.6%, down 9.3 percentage points from 20.9% at the end of the previous year.

In terms of profit, the company's operating income in the third quarter of 2023 was 170 million yuan, down from 219 million yuan in the same period last year. The operating profit was 53.1215 million yuan, compared with-82.458 million yuan in the same period last year. The operating cost was 133 million yuan, down from 166 million yuan in the same period last year. The net profit was 65.3334 million yuan, a significant turnround from-141 million yuan in the same period last year.

In terms of cash flow, the net cash flow generated by operating activities was 55.6957 million yuan, a significant improvement from-221 million yuan in the same period last year. Cash inflow from operating activities totaled 232 million yuan, down from 422 million yuan in the same period last year. Cash outflow from operating activities totaled 177 million yuan, down significantly from 643 million yuan in the same period last year.

To sum up, the operating situation of Zhongzhong Water Affairs has improved in the third quarter of 2023, the asset-liability ratio has decreased significantly, the performance has turned from deficit to profit, and the cash flow situation has also improved. However, the company's operating income and cash inflows have declined, indicating that the company's business size has shrunk, which may be related to some of the company's business adjustments.

For investors, the improvement in the performance of Guozhong Water and the decline in asset-liability ratio are positive signs. However, the decline in the company's operating income and cash inflows also needs to be noted. It is suggested that when considering water affairs in the investment country, investors need to comprehensively consider the company's performance, balance sheet and cash flow, as well as the development trend and policy environment of the company's industry.

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.