Announcement time of this financial report: 2023-10-27 18:40:56
Science Innovation Source (stock code: 300731) is a national high-tech enterprise, mainly engaged in R&D, production and sales of high-performance special rubber materials and thermal management systems. The company's products are widely used in communications, electricity, automobiles, industrial machinery, home appliances, ships, chemicals, railways and other fields. Retech, a holding subsidiary of the company, is mainly engaged in R&D, production and sales of thermal management system products, mainly used in new energy vehicles, energy storage systems, household appliances, communications, data centers and other fields. With the construction of 5G networks and the development of new energy vehicles and energy storage systems, the company's industry has great potential for development.
In terms of assets and liabilities, the total assets of Science and Technology Innovation Source at the end of the third quarter of 2023 were 919 million yuan, down from 948 million yuan at the end of the previous year. Total liabilities were $290 million, down from $318 million at the end of the previous year. The company's net assets were 629 million yuan, the same as at the end of the previous year. The balance ratio was 31.57%, down from 33.6% at the end of the previous year.
In terms of profit, the operating income of Science and Technology Innovation for the third quarter of 2023 was 357 million yuan, down from 373 million yuan in the same period last year. Operating profit was 7.628,900 yuan, turning a loss into a profit compared to 35.049 million yuan in the same period last year. Net profit was 4.9098 million yuan, which also turned a loss into a profit compared to -39.5923 million yuan in the same period last year. The company's gross margin was 27.71%, up from 27.42% in the same period last year. The net interest rate was 1.37%, a significant increase from -10.61% in the same period last year.
In terms of cash flow, the net cash flow from operating activities of Science and Technology Innovation in the third quarter of 2023 was 63.408 million yuan, up 10.19% from 57.54446 million yuan in the same period last year. The total cash inflow from operating activities was $429 million, down from $441 million in the same period last year. The total cash outflow from operating activities was $366 million, down from $383 million in the same period last year.
In summary, the overall operating conditions of science and technology innovation sources in the third quarter of 2023 improved compared to the same period last year. The company turned a loss into a profit in terms of profit, and its net cash flow also increased. However, the company's operating income and total assets have decreased compared to the same period last year. This may be an aspect that the company needs to pay attention to and improve in the future.
For investors, the financial situation of Science and Technology Innovation for the third quarter of 2023 indicates that the company's operating conditions are improving, but they still need to pay attention to changes in the company's operating income and total assets. At the same time, considering the development potential of the company's industry, science and technology innovation sources may be a worthy investment target.
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.