Announcement time of this financial report: 2023-10-27 16:48:58
Core guide technology (stock code: 688230) is a company specializing in integrated circuit design, the main products include power devices and power IC, widely used in consumer electronics, network communications, security, industrial, automotive, energy storage and other fields. The third quarterly report of 2023 shows that the company is facing certain operational pressure under the background of the overall downturn in the global semiconductor market, but it is still increasing its R & D investment and actively responding to the challenges.
In terms of assets and liabilities, the total assets of Core Technology at the end of the third quarter of 2023 were 2.247 billion yuan, an increase of 1.56% compared with 2.213 billion yuan at the end of last year. The total debt was 54.66 million yuan, an increase of 31.23% compared with 41.6624 million yuan at the end of last year. The net asset was 2.193 billion yuan, an increase of 1.02% compared with 2.171 billion yuan at the end of last year. The asset-liability ratio was 2.43%, up from 1.88% at the end of last year.
In terms of profits, core guide technology's operating income in the third quarter of 2023 was 224 million yuan, down 14.58% from 262 million yuan in the same period last year. Operating profit was 68.5458 million yuan, down 38.23% from 111 million yuan in the same period last year. The net profit was 64.2194 million yuan, down 36.61% from 101 million yuan in the same period last year. This is mainly due to the decline in revenue, as well as the company's continued increase in R & D investment and increased share payment fees.
In terms of cash flow, the net cash flow generated by core guide technology's operating activities in the third quarter of 2023 was 48.6536 million yuan, down 8.47% from 53.1574 million yuan in the same period last year. Cash inflows from operating activities totaled 246 million yuan, down 23.6 percent from 322 million yuan in the same period last year. Cash outflow from operating activities totaled 197 million yuan, down 26.77 percent from 269 million yuan in the same period last year.
To sum up, Core Guide Technology faces certain operating pressure in the third quarter of 2023, and its operating income and net profit have declined, but the company is still actively responding and continues to increase R & D investment in order to gain a larger market share in the future. At the same time, the company's balance sheet is good, total assets and net assets have increased, and the asset-liability ratio remains at a low level.
For investors, Core Guide Technology is a company with a high-tech threshold, although it faces pressure in the short term, but in the long run, its deep cultivation and sustained R & D investment in the semiconductor field will help the company to gain a larger market share in the future. It is suggested that investors should pay attention to the R & D trends and market changes of the company and be prepared for long-term investment.
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.