Xi'an Tourism Co., Ltd. (stock code: 000610), with the strategic orientation of "Beautiful Culture and Travel Integrated Service provider", is committed to building an industrial system with quality hotel, Changyou travel and ecological trade as the core. In the third quarter of 2023, the company's financial position and business performance improved significantly.

First of all, from the perspective of assets and liabilities, the total assets of the company increased from 2.031 billion yuan at the beginning of the period to 2.077 billion yuan at the end of the period, the total liabilities increased from 1.384 billion yuan at the beginning of the period to 1.5 billion yuan at the end of the period, and the asset-liability ratio increased from 68.16% at the beginning to 72.21% at the end of the period. Goodwill at the beginning and end of the period was 7.71 million yuan, and the net asset decreased from 646 million yuan at the beginning of the period to 577 million yuan at the end of the period.

Secondly, from the perspective of business conditions, the company's operating income in the third quarter of 2023 was 533 million yuan, an increase of 39.67% over 382 million yuan in the same period last year, mainly because the recovery of the market environment led to an increase in income. The operating cost was 501 million yuan, an increase of 29.02% compared with 388 million yuan in the same period last year, and the increase was smaller than the increase in operating income, which shows that the company has done a better job in cost control. The gross profit margin was 6.04%, which was significantly higher than-1.72% in the same period last year.

Thirdly, from the perspective of cash flow, the net cash flow generated by operating activities is 167 million yuan, which is significantly better than-172 million yuan in the same period last year, which indicates that the cash flow of operating activities of the company has changed from negative to positive. The net cash flow generated by investment activities was-693 million yuan, down from 922 million yuan in the same period last year, which may be due to increased investment by the company. The net cash flow generated by fund-raising activities was 721 million yuan, which was significantly improved from-627 million yuan in the same period last year, indicating that the company's fund-raising capacity was enhanced. The balance of cash and cash equivalents at the end of the period was 301 million yuan, slightly lower than that of 322 million yuan in the same period last year.

Generally speaking, the operating situation of Xi'an tourism has improved in the third quarter of 2023, with a significant increase in operating income and cash flow, but also an increase in debt, which needs attention. In the future, the company should continue to optimize the industrial structure and improve the quality of products and services, so as to further improve business efficiency and profitability. For investors, they can pay attention to the business development and financial situation of the company in order to make reasonable investment decisions.

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.