The fundamental performance of East Lake High-tech Company in the past three years has been relatively stable as a whole. First of all, in terms of net profit, the company's net profit in 2020 and 2021 showed an upward trend, and in 2022 it showed a slight decline. At the same time, the non-net profit also showed a similar change trend, and the overall income remained at a good level. However, in 2023, both net profit and non-net profit have declined.
In terms of total operating income, the company has maintained stable growth in the past three years, especially in 2020 and 2021, with total operating income showing significant growth. However, the growth rate of total operating income in 2022 and 2023 has slowed, which may be related to increased competition in the industry or a weaker economy.
Basic earnings per share have fluctuated over the past three years, but have remained at a relatively stable level overall. The company achieved higher basic earnings per share in 2020 and 2021, but declined in 2022 and 2023. This indicates that the company's profitability has fluctuated over the past few years, but the overall profitability is considerable.
Net assets per share showed a steady upward trend from 2020 to 2023, which shows the ability of the company's assets to increase in value. However, the decrease in capital reserve per share and undistributed profit per share may be related to the company's dividend policy or capital operation.
Net profit margin and gross margin on sales have remained stable over the past three years. The return on equity showed a downward trend of volatility, and the return on equity in 2022 and 2023 decreased significantly compared with the previous two years. This may reflect a decline in the company's profitability over the past two years or a change in its profit distribution policy.
In terms of liquidity, the company's current ratio and quick ratio both remained above a safe level of 1, indicating the company's strong solvency. However, the debt-to-asset ratio has risen slightly over the past three years, which may be related to the expansion of assets and the increase in debt.
In terms of business cycles, the number of days the company's inventory turnover is on a downward trend, which shows how effectively the company manages its inventory. However, the number of days receivable turnover has remained stable over the past three years. This could mean that the company's receivables** are relatively slow.
Overall, the fundamental performance of East Lake High-tech Company in the last three years has been relatively stable, although there are some fluctuations. Changes in market competition and the economic environment have had a certain impact on the company's profitability and asset appreciation ability. However, the company's solvency and liquidity are good, indicating that it has some ability to deal with risks. Analysts advise investors to keep a close eye on the company's profitability and return on assets and keep an eye on changes in the market environment in order to make informed investment decisions.