Annual Report 2023

Management Discussion and Analysis 管理層討論與分析 21 舜宇光學科技（集團）有限公司 • 2023 年報 As at 31 December 2023, the Group’s cash and cash equivalents were approximately RMB13,084.5 million (31 December 2022: approximately RMB7,033.2 million). The cash and cash equivalents were mainly denominated in RMB and USD. Operating Activities Cash inflow from operating activities was mainly generated from cash receipt from sales of the Group’s products. Cash outflow from operating activities was mainly used for the purchases of raw materials, selling and distribution expenses, R&D expenditure and administrative expenses. Net cash from operating activities was approximately RMB2,664.5 million for the year ended 31 December 2023 and net cash from operating activities was approximately RMB7,377.3 million for the year ended 31 December 2022. The trade receivables turnover days (average of the opening and closing trade receivables balances/revenue ×365 days) increased from approximately 66 days for the year ended 31 December 2022 to approximately 76 days for the year ended 31 December 2023. The increase in trade receivables turnover days was mainly attributable to the fact that the revenue from those customers with longer credit terms grew faster during the year of 2023. The trade payables and accrued purchases turnover days (average of the opening and closing trade payable and accrued purchases balances/cost of sales ×365 days) increased from approximately 78 days for the year ended 31 December 2022 to approximately 86 days for the year ended 31 December 2023. The increase in the trade payables and accrued purchases turnover days was mainly attributable to the strengthening of the Group’s management of suppliers. The inventory turnover days (average of the opening and closing inventory balances/cost of sales ×365 days) decreased from approximately 70 days for the year ended 31 December 2022 to approximately 66 days for the year ended 31 December 2023. The decrease in the inventory turnover days was mainly attributable to the strengthening of the Group’s inventory management. 於二零二三年十二月三十一日，本集團的現 金及現金等值項目約人民幣 13,084,500,000 元（二零二二年十二月三十一日：約人民幣 7,033,200,000 元）。有關現金及現金等值項目 主要以人民幣及美元計值。 經營活動 經營活動所得現金流入主要來自本集團產品銷 售現金收入。經營活動所用現金流出主要用 於購買原材料、銷售和分銷開支、研發開支 及行政開支。截至二零二三年十二月三十一 日止年度的經營活動所得現金淨額約人民幣 2,664,500,000 元，而截至二零二二年十二月 三十一日止年度的經營活動所得現金淨額則約 人民幣 7,377,300,000 元。 貿易應收款項周轉日數（期初和期末貿易應收 款項平均餘額╱收入 ×365 日）由截至二零二二 年十二月三十一日止年度的約 66 日增加至截至 二零二三年十二月三十一日止年度的約 76 日。 貿易應收款項周轉日數增加主要是因為二零 二三年長賬期客戶收入增長較快。 貿易應付款項及應計採購額周轉日數（期初和 期末貿易應付款項及應計採購額之平均餘額╱ 銷售成本 ×365 日）由截至二零二二年十二月 三十一日止年度的約 78 日增加至截至二零二三 年十二月三十一日止年度的約 86 日。貿易應付 款項及應計採購額周轉日數增加主要是因為本 集團加強了對供應商的管理。 存貨周轉日數（期初和期末存貨平均餘額 ╱ 銷售成本 ×365 日）由截至二零二二年十二月 三十一日止年度的約 70 日下降至截至二零二三 年十二月三十一日止年度的約 66 日。存貨周轉 日數的減少主要是因為本集團加強了對存貨的 管理。