China Metallurgical Corporation is a company operating in the fields of construction engineering, railway construction, metallurgy, minerals and real estate development. Judging from the financial data of the last three years, the company's net profit, non-net profit and total operating income have shown a steady growth trend.
In the third quarter of 2023, the company's net profit was 818.4 billion, compared to 67. in the same period in 20221.1 billion, an increase of 2192%。The deduction of non-net profit also increased from 660.4 billion grew to 794.9 billion, an increase of 2036%。This indicates that the company's profitability is constantly improving.
At the same time, the total operating income also increased from 3970 in 20224.4 billion grew to 46732.5 billion, an increase of 1767%。This shows that the company's sales performance continues to improve and its market competitiveness is enhanced.
In terms of financial indicators, the company's basic earnings per share also showed a steady growth trend, from 0.0 in 202228. growth to 0 in the third quarter of 202331。Net assets per share and capital reserve per share also remained stable. This indicates that the company's asset quality and operating conditions are in good condition.
However, the company's undistributed profit per share and operating cash flow per share both showed negative values, indicating that the company still has certain problems in profit distribution and cash flow.
In terms of operations, the company's net sales margin and gross sales margin remained at a high level although they fluctuated slightly. This shows that the company has a competitive advantage in terms of operational efficiency and cost control.
In addition, the company's return on equity decreased in 2022 and 2023, which may be due to the impact of the company's scale expansion or other business strategies.
From the perspective of financial structure, the company's business cycle is long, and the inventory turnover days and accounts receivable turnover days are high, indicating that the company's capital turnover speed is slow. The current ratio and quick ratio remained relatively stable, and the debt-to-asset ratio remained at a relatively safe level.
To sum up, the fundamental indicators of China Metallurgical Corporation in the past three years have shown a good development trend, with total operating income and net profit continuing to grow, sales performance stable, and financial indicators remaining relatively stable. However, the company still has some problems in terms of profit distribution and cash flow, which need to be further improved and optimized. In addition, the company's return on equity has declined, and the reasons behind it need to be paid attention to and analyzed. Overall, MCC's competitive position in the industry is relatively stable and is expected to continue to achieve steady growth.