Shenzhen Everwin Precision Technology Co.,Ltd. Posted 189.2 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Everwin Precision Technology Co.,Ltd. (深圳市长盈精密技术股份有限公司) (300115.SZ) reported a net loss of 189.2 million yuan in the first quarter of 2022, reversing a net profit of 129.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.6 billion yuan in revenue, up 60.4% year-on-year.

At the end of the reporting period, it had 17.1 billion yuan in total assets and 11.5 billion yuan in total liabilities, with a liability-to-asset ratio of 67.2%.