Guangan Aizhong (stock code: 600979) recently released its 2023 financial report. As a comprehensive utility enterprise integrating water and electricity supply, Guang'an Aizhong has shown steady performance and continuous development trend in this year's report. The following is a detailed interpretation of this financial report.

First, judging from balance and liability data, Guang'an Aizhong's total assets reached 10.831 billion yuan, an increase of 4.84% over 10.331 billion yuan in the same period last year. This growth is mainly due to the continuous expansion of the company's business and increased investment. Total debt was $6.225 billion, up 6.06% year on year. The balance ratio rose to 57.47% from 56.94% in the same period last year, but remained within a relatively reasonable range. Notably, the company's goodwill declined slightly, from 804.718 million yuan to 79.9119 million yuan, which may be related to the company's adjustments to some non-core assets.

In terms of profit data, Guang'an Aizhong's performance was particularly impressive. Revenue reached 2,828 billion yuan, an increase of 9.52% over the same period of the previous year, indicating the continuous expansion of the company's business scale and increase in market share. Net profit also achieved a significant increase, reaching 222 million yuan, with a year-on-year growth rate of 34.19%. Net profit after deducting non-recurring profit and loss also showed a strong growth trend, reaching 70.29%. This data shows the company's significant results in increasing profitability.

Cash flow data is one of the important indicators for evaluating a company's financial position. Guang'an Aizong also performed well in this regard. Net cash flow from operating activities was $681 million, an increase of 8.59% over the same period last year. This shows that the company's operating activities can continuously and steadily generate cash flow for the company and provide strong financial support for future development and investment. At the same time, the cash flow from investment and financing activities also reflects the company's flexibility and diversity in capital operations.

Overall, Guangan Aizhong's 2023 financial report shows the company's outstanding performance in many areas. Whether it is the optimization of the balance and liability structure, the improvement of profitability, or the steady increase in cash flow, it reflects the efficient operation and wise decisions of the company's management. Looking forward to the future, with the company's continuous deepening layout in the field of new energy and the continuous advancement of innovation-driven development strategies, Guang'an Aizhong is expected to continue to maintain a steady development trend and create more impressive value returns for investors.