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“要收入”与“要回款”难以两全 汽车供应链企业求解现金流困局

"Demand for revenue" and "demand for cash collection" are difficult to balance. Autos supply chain companies seek to resolve cash flow dilemmas.

Breakings ·  Mar 27 19:52

Whether from the perspective of listed company Earnings Reports or the on-site interviews conducted by Securities Times reporters, a considerable proportion of companies in the upstream and downstream of the Autos supply chain are facing dual pressures of price and payment terms, making it difficult to choose between "going for revenue" or "collecting payments." In the disclosed 2024 annual reports of listed companies in the automotive sector, the increase in accounts receivable and lengthened cycles have become significant characteristics. The huge accounts payable scale and idle funds of automotive companies have led to tight cash flow for companies in the supply chain, also affecting the financial security of the entire Automotive Industry Chain. Most respondents believe that this phenomenon does not constitute a positive cycle. How to activate the massive accounts receivable and ensure that the entire industry can "make money" is an urgent issue that needs addressing. Some respondents believe that achieving fluidity of funds, like water, and taking up a "new map" in the process of developing new productive forces is the key to achieving healthy competition within the Industry Chain. (Securities Times)

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