Announcement time of this financial report: 2023-10-27 18:40:56

Yiyi Co., Ltd. (stock code: 001206) is a company focusing on R&D, production and sales of disposable hygiene products and non-woven fabrics. The main products include pet hygiene care products and personal hygiene care products, of which pet hygiene care products account for 94.11% of the company's revenue. Yiyi Co., Ltd. is located in the paper product manufacturing and beauty care-personal care-household paper industry in the manufacturing industry.

In terms of assets and liabilities, Yiyi Co., Ltd.'s total assets at the end of the third quarter of 2023 were 1,996 billion yuan, down from 2,019 billion yuan at the end of the previous year. Total liabilities were $181 million at the end of the reporting period, down from $209 million at the end of the previous year. Net assets were $1,815 million at the end of the reporting period, slightly higher than $1.81 billion at the end of the previous year. The balance ratio was 9.05% at the end of the reporting period, down from 10.35% at the end of the previous year.

In terms of profit, Yiyi Co., Ltd.'s operating income for the third quarter of 2023 was 986 million yuan, down from 1,141 million yuan in the same period last year. Operating profit for the reporting period was $113 million, down from $171 million in the same period last year. Operating costs for the reporting period were $824 million, down from $990 million in the same period last year. Net profit for the reporting period was 87.3841 million yuan, down from 127 million yuan in the same period last year. These changes were mainly due to a decrease in operating income due to a decrease in overseas orders during the reporting period, various expenses increased to varying degrees, and certain losses and anticipated losses caused by foreign exchange derivatives.

In terms of cash flow, the net cash flow from operating activities of Yiyi Co., Ltd. in the third quarter of 2023 was 167 million yuan, a significant increase from 66.3643 million yuan in the same period last year, mainly due to the increase in cash received from sales products during the reporting period compared to the same period last year.

In summary, Yiyi Co., Ltd. faced some challenges in the third quarter of 2023, such as a decline in operating income due to a decrease in overseas orders, various expenses increased to varying degrees, and foreign exchange derivatives caused certain losses and expected losses. However, the company's net cash flow increased significantly, indicating an increase in the company's cash inflows from operating activities.

For investors, while facing challenges, Yiyi Co., Ltd. has also shown a certain level of management ability. In the future, investors can focus on how the company is dealing with these challenges and how the company is developing in the pet hygiene products market.

This article only represents the judgments made by analysts themselves or analysts based on AI analysis. It cannot be used as an investment indicator, nor does it constitute any investment advice. The original purpose of this article was to help investors analyze and judge capital market data in the most intuitive and fastest way and from the most professional perspective.