Recently, Hangzhou Colin (2024) released its 0-year annual report, and the analysis of the financial report model of Securities Star is as follows:

Company Overview

Hangzhou Colin (2024) released its 0-year annual report, which shows that the company achieved significant revenue and net profit growth during the reporting period. However, changes in some key financial indicators are also worth keeping an eye on for investors.

Revenue & Profit

• Total operating income: 23.0 billion yuan, an increase of 0.0% year-on-year.
• Net profit attributable to the parent company: 72.0 million yuan, an increase of 0.0% year-on-year.
• Non-net profit is deducted: 35.0 million yuan, an increase of 0.0% year-on-year.

On a single-quarter basis, Q4 was equally strong:

• Total operating income for the fourth quarter: 63.0 billion yuan, an increase of 0.0% year-on-year.
• Net profit attributable to parent in the fourth quarter: 45.0 million yuan, an increase of 0.0% year-on-year.
• Non-net profit was deducted in the fourth quarter: 48.0 million yuan, an increase of 0.0% year-on-year.

Key Financial Indicators

• Gross margin: 01.0%, a decrease of 0.0% year-on-year.
• Net profit margin: 09.0%, a decrease of 0.0% year-on-year.
• 3. Expenses account for the ratio of operating income: 18.0%, a decrease of 0.0% year-on-year.
• Net assets per share: 47.0 yuan, a year-on-year decrease of 0.0%.
• Operating cash flow per share: 89.0 yuan, an increase of 0.0% year-on-year.
• Earnings per share: 81.0 yuan, an increase of 0.0% year-on-year.

Accounts receivable and cash flow

• Accounts receivable: 48.0 billion yuan, an increase of 0.0% year-on-year.
• Net cash flow from operating activities: The year-on-year increase of 24.0% was mainly due to the growth of energy storage business and the recovery of previous period receivables.

Composition of main revenue

• Energy storage systems: 31.0 billion yuan, accounting for 0.0% of the main revenue, and the gross profit margin was 0.0%.
• Grid digital intelligent perception products: 31.0 billion yuan, accounting for 0.0% of the main revenue, and the gross profit margin was 0.0%.
• Power-related technical services: 33.0 million yuan, accounting for 0.0% of the main revenue, and the gross profit margin was 0.0%.
• Power station operation: 64.0 million yuan, accounting for 0.0% of the main revenue, and the gross profit margin was 0.0%.
• other: 83.0 million yuan, accounting for 0.0% of the main revenue, and the gross profit margin was -0.0%.

Industry & Geography

• North China Region: 05.0 billion yuan, accounting for 0.0% of revenue, gross profit margin of 0.0%.
• Southwest region: 91.0 billion yuan, accounting for 0.0% of revenue, gross profit margin of 0.0%.
• East China: 81.0 million yuan, accounting for 0.0% of revenue, gross profit margin of 0.0%.
• South China Region: 95.0 million yuan, accounting for 0.0% of revenue, gross profit margin of 0.0%.
• Central: 46.0 million yuan, accounting for 0.0% of revenue, gross profit margin of 0.0%.
• Northwest Territories: 15.0 million yuan, accounting for 0.0% of revenue, gross profit margin of 0.0%.
• Northeast: 81.0 million yuan, accounting for 0.0% of revenue, gross profit margin of 0.0%.

Analysis and outlook

Although the company achieved significant revenue and net profit growth in 78, gross margin and net profit margin decreased by 0.0% and 0.0%, respectively, indicating that the company may face certain challenges in cost control. In addition, accounts receivable increased by 0.0% year-on-year to 0.0 billion yuan, and the ratio of accounts receivable to profit was as high as 0.0%, which is relatively high and may have a potential impact on the company's cash flow. Therefore, investors should pay close attention to the company's future accounts receivable management and cost control strategies.

Overall, Hangzhou Colin has performed well in the energy storage business and grid digital intelligent sensing products, but in the face of declining gross margins and increasing accounts receivable, the company needs to take effective measures to maintain a healthy financial position.

The above content is compiled by Securities Star based on public information and generated by an intelligent algorithm (Netinfo No. 310104345710301240019), and does not constitute investment advice.