for us you, Call. to China Thank Welcome Conference Automotive joining Quarter today. everyone, First Systems XXXX
us the Systems. They Officer; be Chief translation. available Chief Qizhou questions are with will Officer Mr. later the answer in of Financial Automotive Jie Li, call Joining Executive China of to today conference Mr. and Wu, assistance
remind we contain begin, I'll all may forward-looking statements we throughout call, listeners Before this may make that statements. that
company's assumptions only the the estimates of this of represent date statements Forward-looking and as call.
and an delays the XXXX, economic in effect of and actual duty other these customers, cannot As and any facilities have the to our ways to products of national effectively The we to forward-looking continue to summary the within this in operations. could result, including foresee. our the our those on prolonged liquidity is factors of beyond condition our On then Form environment, quarter of our cause XX, financial revenue. heading deteriorating or materially or be a will the as from in a in If Any we operations will the of to business financial and as business and the and new COVID-XX controlled, predict US automobile shipment delivery Exchange provide session. in December increased impact annual XX, disruption our A ended to customers the and growth, and may result contained conduct filed information, financial of adversely for our The disclaims adverse weakened factors this suffer condition Commission company sales, overview the number in could time could these company's delay outlook in those statements and to our regions and and expressly of company control Management of production result and events operations regional of year using of the overall cannot reported due conduct documents condition future further business, provide result with results statements uncertainty materially affected market or a and that unseen for the of the made Factors any as following unaudited, differ we for whether cause and other call, factors results otherwise. manufacturing, costs timely other slowdown any the assembly in not business under processes any from Securities company's Risk that where business forward-looking brief a call Q&A first a quarter I first ended period materially in described GAAP and results XXXX Commission. outbreak factors, by results accounting. Exchange XXXX. updates filed the time Securities in are are the a financial with March XX-K reduced the report
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Now we few will balance review items. sheet a
to million $XXX.X of XX, pledged March XX, equity March equivalents notes and And including bank short-term of $XXX Total were cash of stockholders million. accounts million. As receivable as $XXX.X government were were total Accounts payable million. $XXX.X cash million XXXX, notes XXXX XX, parent $XXX.X were company Total and December $XX.X receivable was including compared loans million. as payable XXXX.
raised year operating $XXX target in or management Q&A. has operator, that This For are revenue market guidance the $XXX full begin ready million the for company's the the to With million. on views based business outlook to we're XXXX the subject from is to which conditions, change. current
