At the end of the LED, beware of "triangular debts"

Today, at the end of the lunar calendar, what does the end of the year mean for LED companies? Of course not just for annual leave. As we all know, the end of the year is the peak period of corporate collections and the dangerous period of corporate triangle debts. It is also a difficult period for corporate capital turnover. What will LED companies do at the end of this year?


The so-called "triangular debt" of the industry refers to the common name of the arrears of payment between the enterprises in the industrial base through the collection of the commitment period or the agreed payment period, which is the chain debt relationship formed by the default between the enterprises.

"In fact, it is a common problem in the triangle industry in various industries. However, the performance in the LED industry will be particularly serious. The customer defaults on the payment of the application manufacturer, the application manufacturer defaults on the purchase price of the packaging factory, and the packaging manufacturer delinquts the payment of the upstream chip and the auxiliary material factory. The original normal industrial chain has become a risky debt chain." An LED company executive told the author.

The above-mentioned people also believe that "the reason why the triangular debt problem will be more serious in the LED industry is because the current LED production capacity is seriously oversupply, and the market competition is extremely fierce. Everyone wants to fight for customers, fight for the payment cycle, fight for the customers.佘 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼 拼The break has caused the company to fall into a land of annihilation."

The industry believes that "the triangular debt problem is still a small factor in the collapse of enterprises, mainly in some enterprises that are not very strong in operation and operation. The enterprises also have some profit-seeking short-term behaviors in terms of brand building and top-level design of the company. Most companies are still good, and this is also a process of the industry's big waves."

In addition, according to the statistics of the third quarterly reports of 22 listed companies with LED as their main business, it was found that the accounts receivable of these 22 companies increased in the third quarter compared with the beginning of the year, and the total accounts receivable amounted to 8.740 billion. Yuan, and the opening balance was 4.266 billion yuan, an increase of 104.88% in the third quarter.

At the same time, on the one hand, the listed company is increasing the amount of money owed to others, and on the other hand, the money owed to others is also increasing. Among the 22 key LED companies, 15 companies have increased their accounts payable, and individual companies have accounts receivable of several hundred million yuan or even one billion yuan.

After the scale of the enterprise becomes larger, the corresponding receivables and payables will increase accordingly. However, if both data show a large increase, or if the receivables account for a large proportion of the operating income, they should be especially vigilant against the triangular debts in the industry. problem.

Analysts pointed out that "At the end of the year, many companies, including listed companies, have no money, and all of them have only the money on the books. Some of these money must be repaid to the bank. If you don’t make a loan next year, it’s not good. In addition, if you want to pay back the supplier's money, you have to give it a little. Some of them have to appease the company's employees, including the double salary and benefits at the end of the year, otherwise the employees will find another job and pack away. In fact, the company It is very tense. In addition, the company’s own accounts receivable cannot be recovered. They all expect that others can return the money to him. Once the accounts are not received, the suppliers will come to collect the money, including the listed companies. It will be tightly stretched. Not to mention, the amount of receivables and payables of listed companies is high, and the issue of triangular debts at the end of the year may break out."

All in all, in such a high-risk period of triangular debt, enterprises should be proficient in the development of triangular debts, actively coordinate and prepare in advance, with a benign capital cycle to provide continuous support for the long-term development of the enterprise.

Anti-virus disposable safety coverall Protective Clothing

This product is non-sterile
It can be used in hospital, just hospital staff need to do sterilization before using; 
It can effectively resist the penetration of bacteria, viruses, alcohol, blood, body fluids, air dust particles, can effectively
protect wearer from the theat of infection. 

Protective Clothing

Protective Work Clothing,Ebola Protective Clothing,Safety Protective Clothing,Disposable Protective Clothing

Guangzhou HangDeng Tech Co. Ltd , https://www.hangdengtech.com

Posted on