Announcement time of this financial report: 2023-10-27 17:58:32

North United Publishing Media (Group) Co., Ltd. (stock code: 601999) is a company operating in the news and publishing industry. mainly engaged in teaching materials, general books and other publications publishing, distribution, printing and printing materials supply and marketing business. Through a variety of media, such as books, periodicals, electronic audio and video, new media, etc., the company has formed a comprehensive media business structure that integrates traditional publishing and digital publishing, online reading, e-commerce sales and other businesses.

In terms of assets and liabilities, by the end of the third quarter of 2023, the company's total assets were 4.363 billion yuan, up from 4.204 billion yuan at the end of the previous year. The total liabilities were 1.846 billion yuan, an increase from 1.721 billion yuan at the end of last year. The net asset was 2.517 billion yuan, a slight increase compared with 2.482 billion yuan at the end of last year. The asset-liability ratio was 42.3%, up from 40.95% at the end of the previous year.

In terms of profit, the company's operating income from the beginning of 2023 to the end of the third quarter was 1.81 billion yuan, down slightly from 1.864 billion yuan in the same period last year. The operating profit was 58.1694 million yuan, up from 35.0004 million yuan in the same period last year. The operating cost was 1.459 billion yuan, down from 1.515 billion yuan in the same period last year. The net profit was 58.064 million yuan, a significant increase compared with 33.663 million yuan in the same period last year.

In terms of cash flow, the cash inflow from the company's operating activities from the beginning of 2023 to the end of the third quarter of 2023 totaled 1.709 billion yuan, down slightly from 1.746 billion yuan in the same period last year. Cash outflow from operating activities totaled 1.783 billion yuan, down from 1.912 billion yuan in the same period last year.

To sum up, although the company's news and publishing industry is facing challenges such as the decline of the physical store channel retail book market, the company still achieved a significant increase in net profit, mainly due to the company's focus on the main business and strengthening management. administrative expenses and sales expenses decreased compared with the same period last year. This shows that the overall operating condition of the company is good and has good profitability.

For investors, although the publishing industry as a whole is facing challenges, Northern United Publishing Media (Group) Co., Ltd. is still able to achieve steady growth in performance, showing its strong business ability and market competitiveness. Therefore, investors can properly pay attention to the stock dynamics of the company in order to seize investment opportunities.

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.