Announcement time of this financial report: 2023-10-27 19:18:20

Huaying Agricultural Company is a food processing enterprise with a full industry chain. It is mainly engaged in duck breeding, incubation, commercial duck breeding, poultry seedling sales, feed production, commercial duck slaughter and processing, frozen product sales, cooked food, prepared dishes, feather and feather products production and sales. The company's products include cooked duck food, prepared dishes, feather, fresh frozen duck meat, etc., providing differentiated products for different consumer groups and consumption habits. Over the years, through continuous development and growth, the company has become a leading enterprise in the industry, and has exported high-quality duck products to more than 50 countries and regions, maintaining the industry's leading export position.

In terms of assets and liabilities, Huaying Agricultural's total assets for the third quarter of 2023 were 4,093 billion yuan, up from 3,537 billion yuan at the end of the previous year. Total liabilities were $2,678 million, up from $2.173 billion at the end of the previous year. Net assets were $1,415 million, up slightly from $1,365 million at the end of the previous year. The balance ratio was 65.43%, up from 61.42% at the end of the previous year.

In terms of profit, Huaying Agricultural's operating income for the third quarter of 2023 was 2,657 billion yuan, up from 2,233 billion yuan in the same period last year. Operating profit was 774.437 million yuan. Compared with -183 million yuan in the same period last year, the company has turned a loss into a profit. Operating costs were 2,387 billion yuan, up from 2,084 billion yuan in the same period last year. Net profit was 71,43333 million yuan. Compared with -180 million yuan in the same period last year, the company has turned a loss into a profit.

In terms of cash flow, Huaying Agricultural's cash inflow from operating activities in the third quarter of 2023 was a subtotal of 2.9 billion yuan, up from 2,622 billion yuan in the same period last year. The total cash outflow from operating activities was $3.122 billion, down from $3,519 billion in the same period last year.

In summary, the overall business conditions of Huaying Agriculture in the third quarter of 2023 improved. The company's balance and liability position is stable, profitability has increased significantly, and cash flow is good.

For investors, the improvement in the operating conditions of Huaying Agriculture and the increase in profitability is certainly a positive sign. At the same time, the company has obvious advantages in the food processing field of the entire industry chain. The product line is rich and the market prospects are broad. Therefore, investors can pay due attention to the subsequent development of Huaying agriculture.

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.