Announcement time of this financial report: 2023-10-28 00:10:14
Zhengye Technology Co., Ltd. (stock code: 300410) is an enterprise focusing on the industrial inspection sector, especially in the lithium battery industry. The company has benefited from the rapid growth of the NEV market. According to data for the first half of 2023, the sales volume of new energy vehicles in China reached 3.747 million units, an increase of 44.1% over the previous year, and the penetration rate of new energy vehicles reached 28.3%. At the same time, the new energy vehicle markets in Europe and the US have also shown a good growth trend. These increases have led to a rapid increase in demand for power batteries, with global power battery usage increasing 52.3% year over year.
In terms of assets and liabilities, the total assets of Zhengye Technology Company reached 1.98 billion yuan at the end of the reporting period, up from 1,888 billion yuan at the end of the previous year. However, total liabilities also increased from $1.14 billion at the end of the previous year to $1,383 billion at the end of the reporting period. Net assets declined from 668 million yuan at the end of last year to 597 million yuan at the end of the reporting period. The balance ratio rose from 63.04% at the end of the previous year to 69.86% at the end of the reporting period.
In terms of profit, the company's operating income from the beginning of the year to the end of the reporting period was 657 million yuan, down from 924 million yuan in the same period last year. Operating profit was -77.1589 million yuan. Compared with 56.6838 million yuan in the same period last year, the company lost money during the reporting period. Net profit was -78.4522 million yuan, which is also a loss. Compared with 56.858 million yuan in the same period last year, the net profit fluctuated greatly.
In terms of cash flow, the total cash inflow from operating activities from the beginning of the year to the end of the reporting period was 715 million yuan, down from 761 million yuan in the same period last year. The total cash outflow from operating activities was $758 million, down from $823 million in the same period last year.
In summary, Zhengye Technology has performed well in the lithium battery industry, benefiting from the rapid growth of the NEV market, but has experienced varying degrees of decline in financial indicators such as balance ratio, operating income, operating profit, and net profit. In terms of cash flow, both cash inflows and outflows from operating activities have declined.
For investors, Zhengye Technology has obvious advantages in the lithium battery industry, but they need to pay attention to the rise in its balance ratio and the decline in profit. When making investment decisions, investors should comprehensively consider various factors such as the company's business development prospects, financial conditions, and industry trends.
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.