HY Electronic Cayman: Disclosure of High Liquidity Assets and Liabilities on Unaudited Consolidated Financial Statements from January 2022

Provided by: HY ELECTRONIC (CAYMAN) LIMITED

SEQ_NO

1

announcement date

2022/02/21

Announcement time

17:51:41

Topic

 Announcement of high liquidity assets and
liabilities on the unaudited consolidated financial
statements as of Jan. 2022

Date of events

2022/02/21

What item it responds to

paragraph 51

Declaration

1.Date of occurrence of the event:2022/02/21
2.Cause of occurrence:
 According to the request by TWSE's letter No.1091701198,
 the Company announces the unaudited consolidated financial
 information on high liquidity assets,short-term borrowings,
 long term liabilities due within 1 year and etc.
3.Financial information date:Jan. 2022
4.Cash and cash equivalents(Unit:NT'000):175,222
5.Financial assets at fair value through profit or loss-current
  (Unit:NT'000):0
6.Financial assets at fair value through other comprehensive
income-current (Unit:NT'000):0
7.Non-current assets that are TWSE or GTSM listed securities (including
  unrealized valuation amount) (Unit:NT'000):0
8.Short-term debt (Unit:NT'000):578,116
9.Short-term notes payable (Unit:NT'000):73,703
10.Long-term liabilities due within 1 year (Unit:NT'000):52,674
11.Other accounting accounts (Unit:NT'000):0
12.Countermeasures:
Short-term - The Company has good liquidity in its operating assets
and well-established banking relationships support the working capital
needs free from any shortfall.
Medium to long term - We are actively expanding revenue through strong
market demand, effectively controlling inventory, and strengthening
customer credit management to reduce the risk of bad debts.
Regular monthly review of business status and cash flow to allocate
capital effectively
13.Any other matters that need to be specified:None