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江苏舜天2023中报解读:业绩下滑,现金流紧张,质疑声不断

Interpretation of Jiangsu Suntian's 2023 Interim Report: Performance is declining, cash flow is tight, and questions continue

businesstimes cn ·  Aug 23, 2023 00:34

Jiangsu Shuntian 2023 medium report data show that operating income in this reporting period was 1702343373.42 yuan, down 13.19% from 1961013417.78 yuan in the same period last year. The magnitude of this decline can not be ignored, indicating that the company's revenue capacity is declining, which is undoubtedly a warning sign for investors.

At the same time, the net profit attributed to shareholders of listed companies in the reporting period was 29225662.68 yuan, down 4.92% from 30737264.41 yuan in the same period last year. This further confirms that the company's profitability is weakening. The net profit after deducting non-recurring profits and losses belonging to shareholders of listed companies during the reporting period was 35781989.98 yuan, down 5.02% from 37671531.03 yuan in the same period last year, which means that the company's core profitability is also declining.

More worryingly, the net cash flow generated by operating activities during the reporting period was-218423244.60 yuan, down by an astonishing 463.85% from 60031924.82 yuan in the same period last year. This shows that the company's cash flow situation is very tight, which is a huge hidden danger to the company's daily operation and future development.

In terms of assets, the net assets belonging to shareholders of listed companies at the end of the reporting period were 1743356619.02 yuan, an increase of 1.3% compared with 1721037096.72 yuan at the end of the previous year. The total assets at the end of this report were 3790928820.00 yuan, down 1.65% from 3854381166.12 yuan at the end of last year. This shows that the company's assets are shrinking, and the increased net assets can not make up for the decline in total assets, which is also a disadvantageous factor for the company's future development.

In terms of shareholder return, basic earnings per share in the reporting period was 0.0669 yuan per share, down 4.97 percent from 0.0704 yuan per share in the same period last year. Basic earnings per share after deducting non-recurring gains and losses in the reporting period was 0.0819 yuan per share, down 4.99 percent from 0.0862 yuan per share in the same period last year. This shows that the company's profitability is declining and its ability to return to shareholders is also weakening.

Based on the above analysis, Jiangsu Shuntian 2023 report data show that the company's revenue, profitability and cash flow are declining, and the size of assets is also shrinking. All these show that there are problems in the operation of the company, and the future development is facing challenges. Therefore, as a financial analyst, I think investors need to be cautious when investing in Jiangsu Shuntian and pay close attention to the company's operating conditions and future development.

This article only represents the judgment made by the analyst himself or the analyst on the basis of AI analysis, and can not be used as any investment index, nor does it constitute any investment advice. The original intention of this paper is to help investors analyze and judge the capital market data in the most intuitive and fast way and from the most professional perspective.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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