Jiangsu Yinhe Electronics Co.,Ltd. Posted 14.9 Million Yuan Net Loss in First Three Quarters of 2021

Jiangsu Yinhe Electronics Co.,Ltd. (江苏银河电子股份有限公司) (002519.SZ) reported a net loss of 14.9 million yuan in the first three quarters of 2021, reversing a net profit of 168.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 18.9% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 597.5 million yuan in total liabilities, with a liability-to-asset ratio of 17.6%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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