#币安请你去迪拜 #热门话题 Investors: The company’s 2022 annual report shows that the company’s existing monetary funds are 17.020 billion yuan, while it has short-term borrowings of 6.077 billion yuan and long-term borrowings of 3.077 billion yuan. I would like to ask, since the company has so much monetary funds, why does it still need to borrow external funds? What are the benefits to the company's operations? Thanks

Secretary to the Board: Hello, the company's increase in cash reserves will help further enhance the company's credit and expand overseas markets; it will help enhance the safety of the company's operations; it will help the company maintain efficient operations and cope with risks caused by market uncertainty.

The 2022 annual report shows that the company's main operating income is 28.099 billion yuan, a year-on-year increase of 19.05%; the net profit attributable to the parent company is 4.756 billion yuan, a year-on-year increase of 51.16%; deducting non-net profit is 4.666 billion yuan, a year-on-year increase of 65.69%; among which, in the fourth quarter of 2022, The company's main operating income in a single quarter was 7.659 billion yuan, a year-on-year increase of 18.74%; the net profit attributable to the parent company in a single quarter was 855 million yuan, a year-on-year increase of 55.3%; the single-quarter non-net profit was 851 million yuan, a year-on-year increase of 94.59%; the debt ratio was 42.9%. Investment income -8.242 million yuan, financial expenses -1.011 billion yuan, gross profit margin 34.03%.

A total of 19 institutions have rated the stock in the past 90 days, 18 have a buy rating, and 1 has an overweight rating; the average institutional target price in the past 90 days is 44.29. In the past three months, the net inflow of financing was 86.7139 million, and the financing balance increased; the net inflow of securities lending was 1.020 million, and the balance of securities lending increased. According to the financial report data of the past five years, the Securities Star valuation analysis tool shows that the moat of competitiveness in the industry is good, profitability is good, and revenue growth is average. There may be financial worries, and financial indicators that need to be focused on include: interest-bearing asset-liability ratio, accounts receivable/profit rate. The stock's good company index is 2.5 stars, its good price index is 3.5 stars, and its comprehensive index is 3 stars.