China Heavy Duty Truck Financial Report Accounts Receivable in 2022

The amount of accounts receivable is high and the average collection period is long. The full name of China Heavy Truck Company is China National Heavy Truck Group Co., Ltd. The high accounts receivable of China Heavy Truck Company will affect the liquidity and cash flow of the enterprise. The long-term average collection cycle also reflects the problems existing in the collection ability and management efficiency of enterprises, which should be solved in time. China National Heavy Duty Truck, formerly known as Jinan Automobile Factory, was founded in 1930, which is the cradle of heavy-duty automobile industry in China. China Heavy Duty Truck is the largest heavy-duty truck production base in China, which has made outstanding contributions to the development of heavy-duty truck industry and national economic construction in China.