Hanwang Technology Co.,Ltd. Posted 172.8 Million Yuan Net Loss in 2022

Hanwang Technology Co.,Ltd. (汉王科技股份有限公司) (002362.SZ) reported a net loss of 172.8 million yuan in 2022, reversing a net profit of 106.5 million yuan for the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 13.2% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 438.3 million yuan in total liabilities, with a liability-to-asset ratio of 21.7%.