By 2017, the total assets of Hualing shares totaled 357 million yuan, which represented a decrease of 3.05% from the end of the previous year. The asset-liability ratio was 21.13%, which was a decrease of 4.72 percentage points from the previous year's 25.85%. Net cash flows from operating activities The period was 46.7946 million yuan, compared with 70.806 million yuan in the same period of last year.
During the reporting period, the gross profit margin of Hualing Co., Ltd. rose to 57.15% from 50.55% in the same period of last year, which was mainly due to the effective utilization of production capacity after the previous test equipment was added, and the gross profit margin rebounded year-on-year.
According to the data from the Dibei New Third Board Research Institute, Hualing Group is an independent professional integrated circuit testing company that provides high-quality, cost-effective and efficient total test solutions and various value-added services for various types of integrated circuit companies. The business mainly includes: Test technology research, test hardware and software development, test equipment development, test verification analysis, wafer testing, integrated circuit product testing, reliability testing, and self-owned equipment rental.