Sanhui Electric Co., Ltd. has good financial status and intellectual property rights.
1. Good capital status: The cash flow situation is good and the turnover capacity continues to improve. Since 2019, the proportion of net cash flow generated by the company's operating activities to net profit has always been greater than 1, and the cash flow status is good. In 2021, due to a decrease of 60 million yuan in sales collections, the ratio dropped to 1.20. However, overall the company's cash flow situation continued to improve, and the ratio increased to 3.51 in 2022. From the perspective of operating capacity, the company's accounts receivable turnover days will drop from 208.66 days in 2021 to 204.55 days in 2022, and the turnover capacity will improve.
2. Good intellectual property rights: Zhengzhou Sanhui Electric Co., Ltd. owns a number of intellectual property rights, including software copyrights, registered trademarks and patent information. Among them, the company has 37 software copyrights, 4 registered trademarks, and 160 patent information. It fully reflects the company's strength and achievements in technology research and development and innovation.
3. Zhengzhou Sanhui Electric Co., Ltd. was founded in 1996. It is mainly engaged in the research and development, design, production and sales of electric energy measuring instruments. It can provide smart grid metering instrument users, production enterprises and verification institutions with Comprehensive solutions for standards and calibration. Sanhui Company relies on its profound technology and industry experience accumulation, fast and flexible technical response system and strong market adaptability, stable and reliable product performance, excellent product quality, rich and complete product line and proactive and efficient product development mechanism. It has won a good reputation in the industry and established a good brand image. Its products have strong competitive advantages in industry competition.