Guangdong Hesheng Industrial Aluminum Co., Ltd. (stock code: 002824) is a technology-driven enterprise providing high-end industrial aluminum alloy applications in the fields of new energy and consumer electronics. With independent R&D and innovation as the core, the company provides one-stop overall solutions from casting to integrated assembly. Hesheng Co., Ltd. has adopted a customized business model, established good strategic partnerships with customers, and optimized procurement management through informatization to ensure production quality and supply chain stability.
In terms of assets and liabilities, the total assets of Hesheng Co., Ltd. increased by 5.91% from 3,041 billion yuan at the end of the previous year to 3,221 billion yuan at the end of the reporting period. Total liabilities also increased, rising from $1.42 billion at the end of the previous year to $1,528 billion. Despite the increase in debt, the company's net assets also increased from 1,621 billion yuan to 1,693 billion yuan, indicating a steady increase in the company's assets. The balance ratio increased slightly, from 46.68% to 47.44%, but it is still within a reasonable range, reflecting the stability of the company's financial structure.
In terms of profit, the operating income of Hesheng Co., Ltd. declined, from 2,125 billion yuan in the same period last year to 1,989 billion yuan, a decrease of 6.40%. Operating profit and net profit also declined to 111 million yuan and 105 million yuan respectively in the same period last year. Gross margin and net margin fell from 17.87% and 6.93% to 17.5% and 5.3%, respectively, and the return on net assets (ROE) also fell from 10.75% to 6.36%. These changes may reflect the impact of increased competition and rising costs in the market.
The company's cash flow showed a positive trend. The net cash flow from operating activities increased sharply from -71.2037 million yuan in the same period last year to 95.5066 million yuan, with a growth rate of 234.13%. This change is mainly due to a decrease in cash payments and an increase in bill payments when purchasing goods. This shows that the company has made significant improvements in cash management and operational efficiency.
In summary, Hesheng shares showed steady asset growth and improved cash flow in the third quarter of 2023, despite facing downward pressure on revenue and profits. The company's financial structure remains stable, and the significant increase in cash flow helps support daily operations and future development.
For investors, the financial report of Hesheng shares showed its technical advantages and market position in the industry, but also hinted at challenges in the external environment. When considering investing in winning stocks, investors should comprehensively consider the company's growth potential, industry trends, and macroeconomic environment, and make careful investment decisions.
This article only represents the analyst himself or the analyst's judgment 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 is to help investors analyze and judge capital market data in the most intuitive and fastest way and from the most professional perspective.