As a provider of smart Unit Power has cooperat with new car manufacturers such as Ideal, Xiaopeng, and Xiaomi, as well as
domestic and foreign automakers such as GAC, Chery, Changan, Great Wall, SAIC, Geely, Volvo,
Volkswagen, Audi, and Porsche, but its revenue niger email list 150000 contact leads is more dependent on the top five customers .
From 2021 to the first half of 2024, the total sales of Unit Power to its top five customers account for more than 66% of the current operating income, and downstream customers were relatively concentrat.
At the same time, with the expansion of business scale
Unit Power’s accounts receivable amount also increas from approximately 1.4 billion yuan in 2021 to
about 3.6 billion yuan in the first half of 2024, facing the risk of accounts receivable recovery .
It is worth mentioning that in 2021, WM Motor Group was one of the top five customers of Unit
Power, but at the end of 2023, Unit Power had made provisions for bad debts for all of its 215 million
yuan in accounts receivable and contract assets at the end of the period with WM Motor Group .
Unit Power also faces shortterm debt repayment in addition in dcemdr the countrys risks. Its debttoasset ratio exce 65% at the end of each period during the reporting period, which is a high level, and its current ratio is lower than the average level of list companies in the same industry.
Overall, benefiting from the rapid growth in sales of new energy vehicles
In recent years, as a provider of smart electric vehicle components and solutions, Unit Power’s
performance has grown rapidly, and it has a certain position in the fields of electronic control products,
etc. However, the company also has risks such as liechtenstein number high customer concentration and accounts receivable collection. Whether Unit Power can successfully achieve a spinoff and listing in the future , Glodon New Shares will continue to pay attention.
The most critical week is here!
On January 13, A shares continu to break down and fall, and the trading volume also shrank further, with a trading volume of 976.2 billion yuan, the first time it has fallen below the trillion mark since September 24 last year As a provider of smart.