For example, the mobile phone camera modules originally supplied to Apple. Wingtech once spent . billion yuan to buy a company under OFILM, when OFILM had just been kicked out of the Apple supply chain. But after Wingtech took over the business so quickly, it almost couldn’t even receive orders.
The business was unsustainable, so the company announced the closure morocco phone number list of its optical module business at the end of November last year. Last year, the net loss of this business reached million yuan. Among them, as much as million yuan of impairment provisions were made for equity investments in subsidiaries, coming from this business. However, among the abovementioned nine companies that Luxshare is about to "take over" from Wingtech Technology, the subsidiary related to Apple cameras is not included.
Secondly, if the subsequent revenue growth rate is lower than expected, the risk of impairment will also be very high.
The company spent more than billion yuan to acquire Nexperia Semiconductor that year, and its goodwill exceeded billion yuan, accounting for nearly of the company's net assets.
No impairment amount has been accumulated yet, but the company has listed in the "Specific method for determining recoverable amounts" that it expects Nexperia to have an annual revenue growth rate of . and a net profit margin of . between and .
However, the average growth rate of this business over the past three years was only ., and the net profit margin barely reached this level.