Chengdu Galaxy Magnets Co.,Ltd.’s Net Profit Dropped 12.4% in 2022

Chengdu Galaxy Magnets Co.,Ltd. (成都银河磁体股份有限公司) (300127.SZ) reported a net profit of 172.1 million yuan in 2022, down 12.4% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 15.2% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 116.7 million yuan in total liabilities, with a liability-to-asset ratio of 7.7%.