Shenzhen SEG (stock code: 000058)'s 2023 interim report has been announced. The following is a detailed interpretation of its financial data.

The company's main business includes electronic market distribution business with the communications market and electronics specialty market as the core, urban service business with property management and property management services as the core, and strategic emerging business represented by new energy, inspection, testing and certification. As the founder of the Chinese electronics professional market business model, after more than 30 years of development, the company has set up more than 20 electronics specialty markets nationwide through direct management, joint ventures and contract management, forming a chain electronics professional market system covering the Pearl River Delta, Yangtze River Delta, and covering the whole country, and has a high brand influence at home and abroad. At the same time, the company is deeply involved in the field of new energy photovoltaics, forming a new energy industry chain integrating investment, construction, operation and development and production of photovoltaic modules. With photovoltaic technology as the core, the company provides customers with green integrated energy solutions including R&D and manufacturing of cadmium telluride power generation glass, distributed photovoltaic power plant construction and operation, and integrated operation management of photovoltaic buildings. The company is committed to becoming a comprehensive solution provider for new energy, helping the country achieve the strategic goal of “carbon peak and carbon neutrality”, and has gradually formed a good reputation in the industry with its professional ability and quality service.

First, Shenzhen SEG's revenue in the 2023 interim report was 939,475,102.76 yuan, an increase of 11.63% compared to 841,615,108.27 yuan in the same period last year. This is mainly due to the company's rent reduction in the previous period.

Second, net profit attributable to shareholders of listed companies was 138,369,165.70 yuan, an increase of 680.80% compared to -23,823,988.76 yuan in the same period last year. This is an obvious sign of turning a loss into a profit, which shows that the company's profitability has improved markedly. Meanwhile, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $64,708,876.74, an increase of 335.02% compared to -27,533,745.33 yuan in the same period last year. This shows that the profitability of the company's main business has also increased.

In terms of cash flow, net cash flow from operating activities was $64,525,896.95, an increase of 282.66% compared to -$35,325,838.25 in the same period last year. This indicates that the company's cash inflows from operating activities increased during the reporting period, and the cash flow situation from operating activities improved.

In terms of assets and liabilities, total assets were 5,337,955,293.95 yuan, an increase of 0.36% compared to 5,318,741,351.95 yuan at the end of the previous year. Net assets attributable to shareholders of listed companies were 2,053,887,439.19 yuan, an increase of 6.52% compared to 1,928,217,155.45 yuan at the end of the previous year. This shows that the size of the company's assets is growing steadily, and the company's net assets are also increasing, indicating that the company's financial situation is improving.

In terms of income statements, the total operating cost was 800,237,287.56 yuan, down from 840,863,678.23 yuan in the previous year and a half. Net profit was 166,964,445.96 yuan, a significant increase compared to -18,432,522.79 yuan in the previous half year. This shows that the company's ability to control costs has improved, and profitability has improved significantly.

Overall, Shenzhen SEG's 2023 interim report shows that the company's operating income, net profit, and cash flow indicators have all improved, and the company's business conditions have improved markedly. However, the increase in the company's net profit after deducting non-recurring profit and loss is relatively small, indicating that the increase in the profitability of the company's main business is limited. Therefore, when investing, investors should comprehensively consider the company's financial indicators and make rational investment decisions.

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.