Shenwan Hongyuan Group Co.,Ltd.’s Net Profit Dropped 67.1% in 2022

Shenwan Hongyuan Group Co.,Ltd. (申万宏源集团股份有限公司) (000166.SZ) reported a net profit of 3.1 billion yuan in 2022, down 67.1% year-on-year.

Meanwhile, the company posted 20.6 billion yuan in revenue, down 39.9% year-on-year.

At the end of the reporting period, it had 613.1 billion yuan in total assets and 496.4 billion yuan in total liabilities, with a liability-to-asset ratio of 81%.