Announcement time of this financial report: 2023-10-27 19:18:21
Shenzhen Vehicle Inspection Co., Ltd. (stock code: 300572) is an enterprise focusing on the motor vehicle inspection industry. It is a major provider of overall solutions for the domestic motor vehicle inspection field and motor vehicle driver testing industry. Through mergers and acquisitions and the construction of new motor vehicle inspection stations, the company actively lays out the motor vehicle inspection and operation service market and explores group, standardized and large-scale chain operation service models.
In terms of assets and liabilities, Auto Safety Testing's 2023 three-quarter report shows that the company's total assets are 2,928 billion yuan, up from 2,854 billion yuan at the end of the previous year. Total liabilities were $700 million, up from $660 million at the end of the previous year. The company's net assets were $2,228 million, up from $2.194 billion at the end of the previous year. The balance ratio was 23.9%, up from 23.12% at the end of the previous year.
In terms of profit, the company's operating income from the beginning of the year to the end of the reporting period was 392 million yuan, up from 344 million yuan in the same period last year. Operating profit was 344.35,500 yuan, down from 478.964 million yuan in the same period last year. Operating costs were $212 million, up from $168 million in the same period last year. Net profit was 268.38,800 yuan, down from 404.786 million yuan in the same period last year.
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 $415 million, down from $483 million in the same period last year. The total cash outflow from operating activities was $432 million, down from $545 million in the same period last year.
In summary, the overall operating conditions of car safety inspection in the third quarter of 2023 were stable. Total assets and operating income both increased, but operating profit and net profit declined compared to the same period last year. In terms of cash flow, both cash inflows and outflows from operating activities have declined.
Investors can pay attention to the development of vehicle safety testing in the field of motor vehicle inspection, as well as its market performance after the introduction of inspection standards for new energy vehicles. At the same time, it is also necessary to pay attention to changes in the company's operating profit and net profit, as well as the cash flow from operating activities, in order to make an accurate judgment on the company's operating conditions and future development.
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.