Dahua Intelligence (stock code: 002512) is a high-tech enterprise focusing on the “one network, one screen” business. Its main business covers the satellite Internet and Internet TV industries, and is committed to promoting the development of information and communication technology through high-throughput satellite and 5G integrated communication technology. In 2023, Dahua Intelligence continued to show strong development momentum in its core business areas, but it also faced certain financial challenges.
In terms of assets and liabilities, Dahua Smart's total assets decreased from 4.862 billion yuan in 2022 to 4.419 billion yuan in 2023, indicating that the size of the company's assets has shrunk. The total debt also fell from 3.376 billion yuan to 3.269 billion yuan, reflecting that the company has achieved certain results in reducing debt. The balance ratio rose from 69.44% to 73.98%, which indicates that although total liabilities have declined, the company's financial leverage has increased compared to the previous year due to a decrease in total assets.
In terms of profit data, Dahua Smart's revenue in 2023 was 1,967 billion yuan, an increase of 12.86% compared with 1,742 billion yuan in 2022, indicating an increase in the company's sales performance. However, net profit attributable to shareholders of listed companies was -296 million yuan, an improvement from -327 million yuan the previous year, and a loss reduction of 9.39%. This indicates that although the company increased operating income, it still faces profitability challenges.
According to cash flow data, net cash flow from operating activities was -528 million yuan. Compared with 122 million yuan in the same period last year, the cash flow situation deteriorated significantly. It is mainly due to large-scale integration projects that have received advance payments in 2022, and payments for goods and materials increased this year.
In summary, although Dahua Intelligence achieved growth in revenue in 2023, the net profit and cash flow situation are still facing challenges. The rise in the balance ratio also indicates that the company's financial risk has increased. Looking ahead, Dahua Intelligence needs to further optimize its business structure, improve profitability and cash flow management to achieve sustainable and healthy development.