Contemporary Amperex Technology Co.,Ltd.’s Net Profit Rose 87.3% in 2022

Contemporary Amperex Technology Co.,Ltd. (宁德时代新能源科技股份有限公司) (300750.SZ) reported a net profit of 33.5 billion yuan in 2022, up 87.3% year-on-year.

Meanwhile, the company posted 328.6 billion yuan in revenue, up 152.1% year-on-year.

At the end of the reporting period, it had 601 billion yuan in total assets and 424 billion yuan in total liabilities, with a liability-to-asset ratio of 70.6%.