Pearl River Piano reported in 2023 that the company's operating income for the reporting period was 634801267.68 yuan, down 25.19% from 848593629.42 yuan in the same period last year.
At the same time, the net profit attributed to shareholders of listed companies was 25268889.66 yuan, down 60.62% from 64163858.80 yuan in the same period last year. The net profit after deducting non-recurring profits and losses belonging to shareholders of listed companies was 22987959.89 yuan, down 60.34% from 57967760.84 yuan in the same period last year, which further confirmed the pressure on the company's profitability.
In terms of cash flow, the net cash flow generated by operating activities was-301981282.37 yuan, down 911.03% from-29868807.79 yuan in the same period last year. The change is due to the fact that the amount of bank acceptance due to repayment during the reporting period is greater than that due to bank acceptance in 2022.
In terms of assets and liabilities, the company's total assets were 4841493445.88 yuan, down 5.40% from 5117682600.68 yuan at the end of last year. At the same time, the net assets belonging to shareholders of listed companies were 3708409968.96 yuan, down 0.15% from 3714004256.13 yuan at the end of last year.
In terms of shareholder return, the company's basic earnings per share was 0.02 yuan, down 60.00% from 0.05 yuan in the same period last year. At the same time, the company's weighted average return on net assets was 0.68%, down 1.08% from 1.76% in the same period last year, further confirming the pressure on the company's profitability.
Generally speaking, Pearl River Piano's performance in the 2023 report is more stressful, but its performance in terms of balance sheet and cash flow is relatively sound. In the future, the company needs to further improve operating income and net profit, optimize asset allocation and increase cash flow in order to improve the company's profitability and shareholder return.
As an earnings analyst, I think investors need to take full account of the company's performance pressure and the company's sound performance in terms of balance sheet and cash flow when considering investing in Pearl River Piano. At the same time, investors also need to pay attention to the company's future business development strategy, as well as how to cope with the changes in the market environment and profitability strategies.
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.