On April 27th, Wanchen Group (300972), a listed company with A shares, released its first-quarter results report in 2024. Of which, the net profit is 623.Strippoker820,000 yuan, down 88.15% from the same period last year.
According to the comprehensive operation and follow-up analysis of more than 1200 financial indicators of its financial data in the current period and the past five years, according to the financial diagnosis model of flush (300033), the overall financial situation of Wanchen Group in the past five years is OK. Specifically, the growth ability, debt paying ability and profitability are general, the cash flow is good, the operating ability and asset quality are excellent.
Net profit 6.2382 million yuan, down 88.15% from the same period last year
In terms of revenue and profit, the company achieved total operating income of 4.83 billion yuan during the reporting period, an increase of 534.03% over the same period last year, and net profit of 6.2382 million yuan, down 88.15% from the same period last year, with basic earnings per share of 0.04 yuan.
In terms of assets, during the company's reporting period, the total assets at the end of the period were 4.423 billion yuan and accounts receivable were 21.4252 million yuan; in terms of cash flow, the net cash flow generated by business activities was 276 million yuan, and the cash received by selling goods and providing services was 5.402 billion yuan.
The financial situation is good, there are 7 financial bright spots
According to the relevant financial information released by Wanchen Group, there are seven financial highlights in the company, as follows:
The average year-on-year growth rate of revenue is 526.69%, which is in the forefront of the industry. The average year-on-year growth rate of net growth assets is 19.21%, which is excellent in the industry. The average turnover rate of accounts receivable is 656.58 (times / year), and the company collects accounts quickly. Inventory turnover the average inventory turnover rate is 27.65 (times / year), and the inventory liquidity is very strong. The average turnover rate of total operating assets is 4.55 (times / year), and the company has excellent operating efficiency. Revenue growth in the current growth period compared with the same period last yearStrippokerThe growth rate was 534.03%, and the income growth was excellent. The operating profit of the growth period increased by 138.30% compared with the same period last year, and the profit growth performance was excellent.There are four financial risks
According to the relevant financial information released by Wanchen Group, there are four financial risks in the company, as follows:
The average return on net assets is 1.70%, and the company's ability to make money is very weak. The average year-on-year growth rate of net profit is-102.31%, and the company's growth ability is poor. The liquidity ratio is 1.02, and the short-term solvency is very weak. Deposit and loan double high currency fund is 1.705 billion, short-term loan is 642 million, there is high risk of both deposit and loan.Overall, the overall financial situation of Wanchen Group is OK, with a current total score of 2.46 points, ranking in the middle of the 25 companies in the planting and forestry industries. Specifically, the growth ability, debt paying ability and profitability are general, the cash flow is good, the operating ability and asset quality are excellent.
The scores of the indicators are as follows:
On the large model of financial diagnosis of flush
Flush (300033) Financial diagnosis model calculates the company's financial scores, highlights and risks based on the company's latest and previous financial data and industry conditions, reflecting the company's disclosed financial position, but not a forecast of the future financial position. The financial score range is 0-5. The higher the score, the better the financial situation and the greater the value of the medium-and long-term investment. In the financial highlights and risk reviews, the five-year average of the indicators related to the "average" keyword, and the latest reporting period data without the "average" keyword. All the above information is based on artificial intelligence algorithm, for reference only, does not represent flush financial point of view, investors operate accordingly, at their own risk.
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