Announcement time of this financial report: 2023-10-27 17:50:08
New World (Stock Code: 000997) is a digital service provider specializing in intelligent terminals, big data processing capabilities and data scene operation capabilities. The company has an important layout in digital RMB and trusted digital identity, and strives to become a pioneer in the construction of digital China. The third quarterly report of 2023 shows that the company achieved good results in the first half of the year, achieving the growth of total revenue and net profit.
In terms of assets and liabilities, the total assets of New World reached 12.907 billion yuan at the end of this reporting period, an increase from 11.587 billion yuan at the end of last year. The total liabilities also increased from 5.827 billion yuan at the end of last year to 6.621 billion yuan at the end of this reporting period. Net assets increased from 5.76 billion yuan at the end of last year to 6.286 billion yuan at the end of this reporting period. The asset-liability ratio rose slightly from 50.29% at the end of the previous year to 51.29% at the end of the reporting period.
In terms of profits, New World's operating income reached 5.411 billion yuan from the beginning of the year to the end of the reporting period, an increase from 5.005 billion yuan in the same period last year. Operating costs decreased from 3.669 billion yuan in the same period last year to 3.489 billion yuan from the beginning of the year to the end of the reporting period. Operating profit increased from 417 million yuan in the same period last year to 897 million yuan from the beginning of the year to the end of the reporting period. Net profit increased from 391 million yuan in the same period last year to 820 million yuan from the beginning of the year to the end of the reporting period. Gross and net profit margins also increased, from 26.71% and 7.81% in the same period last year to 35.52% and 15.16% from the beginning of the year to the end of the reporting period, respectively.
In terms of cash flow, the net cash flow generated by operating activities increased from 604 million yuan in the same period last year to 1.781 billion yuan from the beginning of the year to the end of the reporting period. The subtotal cash inflow from operating activities increased from 6.11 billion yuan in the same period last year to 7.147 billion yuan from the beginning of the year to the end of the reporting period. The subtotal cash outflow from business activities decreased from 5.506 billion yuan in the same period last year to 5.366 billion yuan from the beginning of the year to the end of the reporting period.
To sum up, New World's business performance in the first half of 2023 is good, and all performance indicators have improved. The company has made remarkable growth in the main business areas of intelligent terminal cluster and industry digital cluster, especially in digital payment terminal and intelligent perception recognition terminal business.
For investors, New World has a sound financial position and broad prospects for business development. The company's deep ploughing in the field of digital services makes it have a strong competitive advantage in the industry. At the same time, the company's layout in emerging fields such as digital RMB and trusted digital identity also provides a broad space for its future development. Therefore, investors can consider including the New World into the scope of investment consideration.
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.