Shenzhen Microgate Technology Co.,Ltd.’s Net Profit Dropped 30.8% in 2022

Shenzhen Microgate Technology Co.,Ltd. (深圳市麦捷微电子科技股份有限公司) (300319.SZ) reported a net profit of 218.7 million yuan in 2022, down 30.8% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 27.6%.