Shenzhen Zhaowei Machinery And Electronic Co.,Ltd.’s Net Profit Dropped 31.5% in 2020

Shenzhen Zhaowei Machinery And Electronic Co.,Ltd. (003021.SZ) reported a net profit of 244.7 million yuan in 2020, down 31.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 33% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 341.9 million yuan in total liabilities, with a liability-to-asset ratio of 11%.

This article was automatically produced by Caixin Automation on April 22, 2021.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.