Changzhou Xingyu Automotive Lighting Systems Co.,Ltd.’s Net Profit Dropped 0.9% in 2022

Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (常州星宇车灯股份有限公司) (601799.SH) reported a net profit of 941.4 million yuan in 2022, down 0.9% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, up 4.3% year-on-year.

At the end of the reporting period, it had 13.2 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 35.6%.