Ning Xia Yin Xing Energy Co.,Ltd.’s Net Profit Rose 55.9% in 2022

Ning Xia Yin Xing Energy Co.,Ltd. (宁夏银星能源股份有限公司) (000862.SZ) reported a net profit of 157.6 million yuan in 2022, up 55.9% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 14.4% year-on-year.

At the end of the reporting period, it had 7.6 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 61%.