Our deposits and prepayments increased from RMB27.1 million as at 31 December 2021 to RMB33.1 million as at 31 December 2022 to was primarily due to the prepayments for hardware as we commenced our group purchasing campaign service starting from the second half of FY2022 and we placed orders for a large amount of in-vehicle hardware to cope with the anticipated business demand.
Financial Information · 第 443 页
As at 30 April 2024, RMB21.6 million or 60.2% of our deposits and prepayments as at 31 December 2023 have been subsequently utilised.
Our prepayments, deposits and other receivables increased from RMB18.6 million as of December 31, 2021 to RMB106.9 million as of December 31, 2022, primarily due to (i) an increase in prepayments, mainly relating to the procurement for vehicles as we started to provide fleet sale and maintenance in 2022.
Financial Information · 第 498 页
As of December 31, 2022, there were 641 units of vehicles awaiting delivery, for which we had made prepayments of RMB77.9 million as of the same date;
Financial Information · 第 498 页
Our prepayments, deposits and other receivables increased from RMB106.9 million as of December 31, 2022 to RMB124.5 million as of December 31, 2023, primarily due to an increase in receivables of purchase rebates due from vehicle suppliers, resulting from the expanded scale of our fleet & management services.
中赣通信(集团)控股有限公司Zhonggan Communication (Group) Holdings Limited02545.HK
向研发伙伴预付项目资金约2,510万元
The Group’s prepayment for labour, equipment and services further increased by approximately 455.2% to approximately RMB31.0 million as at 31 December 2022, the increase was mainly contributed by a prepayment of project funds made by the Group to its research and development partner for ‘‘Photonic Fusion Technology and Photonics Chips Research for 5G/6G Communication approximately RMB25.1 million.
Financial Information · 第 370 页
Following a change in the project plan initiated by the Nanchang Science and Technology Bureau, the Group received the return of the project fund by the end of 2023.
Our current prepayments primarily consisted of prepayments to suppliers. Our current prepayments increased significantly from RMB18.3 million as of December 31, 2021 to RMB55.1 million as of December 31, 2022, and further increased by 27.6% to RMB70.3 million as of December 31, 2023.
Financial Information · 第 369 页
The increase in our current prepayments was primarily because as we continued to grow our API marketplace business and gain customers with demand for high-quality services, we made more prepayments to suppliers in order to accelerate the settlement of payables to ensure that we receive a steady supply of data services and strengthen our relationships with suppliers.
Financial Information · 第 369 页
As of the Latest Practicable Date, RMB70.4 million, or 89.4% of our prepayments, deposits and other receivables as of December 31, 2023, had been settled or utilized.
Our contract costs increased from RMB17.1 million as of December 31, 2021 to RMB33.3 million as of December 31, 2022 and further to RMB37.9 million as of December 31, 2023, mainly due to an increase in research activities performed by our Group for our customers ahead of the agreed milestone payment conditions as stipulated in the respective contracts.
Financial Information · 第 578 页
As of April 30, 2024, RMB10.4 million or approximately 27.4% of our contract costs as of December 31, 2023, had been subsequently expensed.
As of December 31, 2021, 2022 and 2023, our prepayments, deposits and other receivables (current portion) amounted to RMB8.1 million, RMB23.5 million and RMB76.0 million, respectively.
Financial Information · 第 403 页
The prepayments, deposits and other receivables (current portion) increased as of December 31, 2023 compared to that as of December 31, 2022, mainly because we (i) increased the prepayment of advertising expenses relating to the increased promotional activities for our Easou Reading App Series; and (ii) increased our prepayment to procure internet traffic in order to conduct the beta testing and launch of new games in 2023.
Financial Information · 第 403 页
As of April 30, 2024, RMB59.8 million, or 86.9% of our prepayment, deposits and other receivables as of December 31, 2023 had been subsequently settled.
Our prepayments, deposits, and other receivables increased from RMB55.3 million as of December 31, 2022 to RMB111.5 million as of December 31, 2023, primarily due to (i) an increase in prepayments to external vendors for the procurement of certain third-party media resources to ensure supply stability and promptness, (ii) an increase in prepayments for property, plant and equipment related to our vending machines, and (iii) deferred listing expenses in relation to the Global Offering.
Financial Information · 第 391 页
During the Track Record Period, in line with industry norms and to secure discounts from short video platform traffic suppliers, we typically initiated traffic acquisition from such suppliers and made advance payments based on projected demand for short video platform traffic acquisition services, even when brand customers had not yet ordered such services from us.
Our inventories prepayment as at 31 March 2021, 2022 and 2023 and 30 November 2023 were RMB589.3 million, RMB1,042.6 million, RMB1,308.6 million and RMB1,898.8 million, respectively.
Financial Information · 第 425 页
The increase in our inventories prepayment from RMB1,308.6 million as at 31 March 2023 to RMB1,898.8 million as at 30 November 2023 was primarily due to the prepayment made to our suppliers in 8MFY2024 to secure sources of KCL for our production and sales for the remaining period of the peak season in FY2024.
Financial Information · 第 426 页
As at the Latest Practicable Date, RMB975.7 million, or approximately 51.4%, of our inventories prepayment as at 30 November 2023 were subsequently utilised.
Our prepayments and other receivables increased significantly from RMB18.4 million as of December 31, 2022 to RMB36.1 million as of September 30, 2023, primarily attributable to an increase of RMB16.6 million in prepaid expenses due to our increased engagement of CROs and trial sites as we advanced the development of our drug candidates.
Financial Information · 第 487 页
As of January 31, 2024, RMB15.8 million, or 48.0%, of our prepaid expenses as of September 30, 2023 had been subsequently utilized.
As at 31 December 2020, 2021 and 2022 and 30 September 2023, our prepayments to suppliers amounted to approximately RMB146.7 million, RMB179.3 million, RMB251.1 million and RMB334.5 million, respectively, accounting for approximately, 38.4%, 39.0%, 50.3% and 58.5% respectively, of our total assets as at the respective date.
Business · 第 177 页
Such increase was mainly attributable to the delay in settlement by the customers for traffic acquisition cost paid by our Group on their behalf to media partners for advertisement distribution services, in particular a direct advertiser customer which was engaged in the gaming industry has delayed its payment to our Group as such customer was restructuring its business due to change of its shareholders.
Financial Information · 第 291 页
In view of long payment cycle of some customers, our finance department and our sales and marketing department would closely monitor the collection status and would actively communicate with our customers on the settlement dates and would send payment reminders to our customers.
We generally made full prepayment to wafer channel partner six months in advance according to our estimation based on our customers' demand to secure the manufacturing capacity during the Track Record Period and up to the Latest Practicable Date.
Financial Information · 第 330 页
Our prepayments continued to increase from RMB202.8 million as of December 31, 2022 to RMB302.7 million as of the June 30, 2023, primarily due to our increasing procurement volume of foundry-manufactured wafers and the increased listing expenses.
Financial Information · 第 331 页
As of October 31, 2023, RMB255.4 million or 93.9% of our prepayments to suppliers aging within six months, and RMB183.0 million or 64.2% of our prepayments as of June 30, 2023 had been subsequently settled.
Our prepayments, deposits and other receivables increased by 65.6% from RMB142.1 million as at 31 December 2020 to RMB235.3 million as at 31 December 2021, primarily attributable to increases in (i) prepayments for purchase of feed, veterinary medicine and feed ingredients as a result of our business growth, and (ii) deductible input value-added tax.
Financial Information · 第 389 页
Our prepayments, deposits and other receivables increased by 75.7% from RMB235.3 million as at 31 December 2021 to RMB413.4 million as at 31 December 2022, primarily attributable to the expansion of our operations resulted in the increases in (i) prepayments for purchase of feed, veterinary medicine and feed ingredients, and (ii) deposits in connection with guarantees paid to acquire a parcel of land for our feed mill.
Financial Information · 第 389 页
As at 30 September 2023, RMB260.9 million or 61.5% of our total prepayments, deposits and other receivables as at 31 May 2023 had been subsequently settled.
As disclosed above, we pay deposits on behalf of our customers to the Media Partner for the advertisement placement costs before our customers settled our fees.
Financial Information · 第 387 页
During FY2022 and 4M2023, our total amount of deposits paid by us on behalf of our customers to the Media Partner and deposits paid to the Media Partner amounted to approximately RMB193.9 million (inclusive of taxes) and RMB113.8 million (inclusive of taxes), respectively.
Financial Information · 第 421 页
We would discuss with the customers to lower the amount of deposits paid by us on behalf of them at the relevant time.
Our prepayments, deposits and other receivables slightly increased by 1.3% from RMB365.6 million as of December 31, 2022 to RMB370.4 million as of June 30, 2023, primarily due to (i) an increase in prepayments for purchase of machines of RMB29.0 million, as we made prepayments for new machines and upgrading of old machines during the six month ended June 30, 2023, (ii) an increase in advances to and receivables from business partners of RMB9.5 million, partially offset by (iii) a decrease in prepayments for purchase of inventories of RMB12.3 million, (iv) a decrease in others prepayments of RMB11.0 million, and (v) a decrease in amount due from POS partners of RMB10.0 million.
Financial Information · 第 457 页
Prepayments for purchase of machines arise from the contractual obligation with our suppliers when we procure new machines from them.
Our prepayments, other receivables and other assets increased from RMB294.1 million as of December 31, 2020 to RMB479.3 million as of December 31, 2021, primarily representing an increase in the prepayments to our major suppliers.
Financial Information · 第 324 页
Our prepayments, other receivables and other assets increased from RMB440.1 million as of December 31, 2022 to RMB511.9 million as of April 30, 2023, primarily due to an increase in prepayments in relation to the inventories for sales of home meal products, including certain imported food ingredients, which was partially offset by a decrease in receivables due from online payment platforms as we settled with such platforms.
Financial Information · 第 324 页
As of August 31, 2023, RMB257.0 million, or approximately 50.2% of our prepayments, other receivables and other assets as of April 30, 2023 had been subsequently settled.
Our prepayments, other receivables and other assets increased from US$703.0 million as of December 31, 2022 to US$801.8 million as of June 30, 2023, primarily due to (i) an increase in prepaid VAT and other taxes from US$482.7 million to US$512.0 million, driven by the VAT we paid in connection with our purchase of materials, goods equipments and professional services to support our expansion, (ii) an increase in deposits of US$21.3 million as performance security deposits in relation to the construction of certain facilities in China and our performance of express delivery services during the June promotional season, (iii) an increase in prepaid expenses of US$21.1 million mainly attributable to the increasing operating cost and expenses and (iv) an increase in others, attributable to the advance payments to Fengwang network partners who decided to exit the network.
Financial Information · 第 380 页
As of August 31, 2023, we had settled approximately US$329.0 million, or 41.0%, of our prepayments, other receivables and other assets outstanding as of June 30, 2023, and approximately US$309.6 million, or 69.1%, of our prepaid VAT as of June 30, 2023.
绿源集团控股(开曼)有限公司Luyuan Group Holding (Cayman) Limited02451.HK
代经销商承担的装修款预付款增至1.812亿元
As of December 31, 2020, 2021 and 2022 and April 30, 2023, prepayment of decoration costs recorded under other receivables and prepayments of the Group amounted to RMB0.6 million, RMB87.4 million, RMB155.3 million and RMB181.2 million, respectively, among which prepayment of decoration costs attributable to sub-distributors amounted to RMB0.4 million, RMB46.5 million, RMB96.0 million and RMB113.0 million as of the same dates, respectively.
Business · 第 249 页
Considering the minimum sales requirement (generally 100 to 1,000 vehicles per year for the term of the decoration support agreements), average selling price and gross profit margin of our products, we believe our profit attributable to the minimum sales requirements is able to cover the decoration costs we bear.
Business · 第 250 页
As of July 31, 2023, RMB24.3 million, or 13.4%, of our non-current and current payment of decoration costs as of April 30, 2023 had been subsequently deducted from revenue.
In particular, the increase in prepayment made to the suppliers for project execution as at 31 December 2022 was mainly attributable to a prepayment of RMB18.0 million for the purchase of the hardware and software for a potential project to be tendered in 2023.
Financial Information · 第 359 页
It is agreed between the relevant supplier and us, in the event that we fail to secure the potential project, we can elect to refund the relevant prepayment without incurring any extra charges.
Financial Information · 第 359 页
As the abovementioned research and development services have not reached stage of acceptance and the production cooperation is still ongoing as at the Latest Practicable Date, our Directors are of the view that prepayments to suppliers aged over one year are recoverable.
十月稻田集团股份有限公司Shiyue Daotian Group Co., Ltd.09676.HK
2021年末供应商预付款项增至1.193亿元
Our other receivables increased significantly from RMB42.5 million as of December 31, 2020 to RMB225.5 million as of December 31, 2021, primarily due to (i) the significant increase in prepayments to suppliers from RMB17.4 million as of December 31, 2020 to RMB119.3 million as of December 31, 2021, mainly because we had raw material procurement that requires prepayments to certain suppliers by the end of 2021; and (ii) the increase in value-added tax refundable primarily relating to our purchase of raw material.
Financial Information · 第 323 页
Our other receivables decreased by 33.8% from RMB225.5 million as of December 31, 2021 to RMB149.4 million as of December 31, 2022, primarily due to the decrease in our prepayments to suppliers because our raw material procurement that requires prepayments to such suppliers was settled before the end of 2022.
Our prepayments and other receivables increased from RMB426.5 million as of December 31, 2022 to RMB612.3 million as of April 30, 2023, primarily due to (i) an increase in non-current prepayments, which was due to the increase in prepayment paid for the purchase of the two first-hand ultra large container vessels; and (ii) an increase in prepaid listing expenses.
Financial Information · 第 398 页
The aggregate total contract price was US$281 million.
Financial Information · 第 398 页
We estimated and determined individually the recoverable amount of our non-current prepayment for purchase of container vessels of RMB572.4 million as of April 30, 2023. Our Directors considered that no impairment was necessary as of the same date.