North China Huachuang: The company's new signed orders continue to maintain a good trend.
On May 12, during the performance briefing, the senior executives of Northern Huachuang explained the decrease in operating cash flow in the first quarter. They mentioned that, in order to meet the timely delivery of customer products, the company significantly increased the stock of raw materials, leading to a relatively tight operating cash flow. Currently, the company continues to maintain a good trend of new signed orders. In the future, the improvement of the company's operating cash flow can only depend on increasing the proportion of prepayments from customers, strengthening the collection of accounts receivable, reducing the stock of raw materials, and other methods.
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