Caixin
Mar 25, 2023 08:00 AM

Jinxi Axle Company Limited’s Net Profit Dropped 2.7% in 2022

Jinxi Axle Company Limited (晋西车轴股份有限公司) (600495.SH) reported a net profit of 10.5 million yuan in 2022, down 2.7% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 3.1% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 708.3 million yuan in total liabilities, with a liability-to-asset ratio of 17.9%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Why Singapore Sovereign Fund Sues Chinese EV-Maker Nio
00:00
00:00/00:00