Announcement time of this financial report: 2023-10-27 18:11:51

Kaichuang International (stock code: 600097) is an enterprise mainly engaged in pelagic fishery fishing, processing and sales of aquatic products, and related trade. The company's main business includes fishing business, food processing and trading business, and maritime transport business. In terms of fishing business, the company focuses on building and developing the tuna industry chain based on pelagic fishing. In terms of food processing and trading business, the company owns Spanish company Albo and Estelas trading company. In terms of maritime transport business, the company's refrigerated transport fleet is mainly supported by the tuna purge fleet.

In terms of assets and liabilities, Kaichuang International's total assets for the third quarter of 2023 were 3.388 billion yuan, a slight decrease from 3.434 billion yuan at the end of the previous year. Total liabilities were $1,242 million, down from $1,307 million at the end of the previous year. Net assets were $2.146 billion, a slight increase from $2.127 billion at the end of the previous year. The balance ratio was 36.67%, down from 38.07% at the end of the previous year. This indicates that the company's debt level has improved to some extent.

In terms of profit, the company's operating income for the third quarter of 2023 was 1,213 billion yuan, a slight decrease from 1,232 million yuan in the same period last year. Operating profit was 255.17,900 yuan, a sharp decrease from 52,532,500 yuan in the same period last year. Net profit was 20217,600 yuan, a sharp drop from 49.1557 million yuan in the same period last year. This shows that the company's profitability is under pressure to some extent.

In terms of cash flow, the net cash flow from the company's operating activities in the third quarter of 2023 was -752.53 million yuan, a negative value compared to 103 million yuan in the same period last year. This indicates that there has been a certain amount of cash outflow from the company's operating activities.

In summary, there is some pressure to create international business conditions in the third quarter of 2023. Although the company's debt level has improved somewhat, both profitability and cash flow have declined. This may be related to factors such as the company's business structure and market environment.

Investors need to pay close attention to the company's operating conditions, particularly changes in profitability and cash flow conditions. At the same time, it is also necessary to pay attention to the company's business development strategy and the impact of the market environment on the company's business. On this basis, investors can make more rational and scientific investment decisions.

This article only represents the judgments made by analysts themselves or analysts based on AI analysis. It cannot be used as an investment indicator, nor does it constitute any investment advice. The original purpose of this article was to help investors analyze and judge capital market data in the most intuitive and fastest way and from the most professional perspective.