Xiamen Hongxin Electron-Tech Co.,Ltd.’s Net Profit Dropped 46.9% in 2020

Xiamen Hongxin Electron-Tech Co.,Ltd. (300657.SZ) reported a net profit of 91 million yuan in 2020, down 46.9% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, up 7.2% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 64.7%.

This article was automatically produced by Caixin Automation on April 26, 2021.

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