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How about Kunshan Qiutai Microelectronics Technology Co., Ltd.?
1. How did Kunshan Qiuti Microelectronics Technology Co., Ltd. see its performance decline? In 20021and 2022, the revenue of Qiuti Micro was 65.438+07.078 billion yuan and 65.438+02.903 billion yuan respectively, and the net profit returned to the mother was 905 million yuan and 265.438+05 million yuan respectively.
2. Decrease in cash flow: In 20021and 2022, the net cash flow generated by the activities of Autumn Sports Wechat business was 65.438+78.9 million yuan and 728 million yuan respectively, and the net cash flow generated by operating activities in the first half of 2023 was 3.6249 million yuan.
3. Gross profit margin decline: In 2022 and the first half of 2023, the company's comprehensive gross profit margin decreased by about 6 percentage points compared with the first two years of the reporting period.
4. Reduce R&D investment: Last year, the company's investment in R&D also showed an obvious downward trend.
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