Shinva Medical Instrument Co.,Ltd.’s Net Profit Dropped 4.8% in 2022

Shinva Medical Instrument Co.,Ltd. (山东新华医疗器械股份有限公司) (600587.SH) reported a net profit of 529.2 million yuan in 2022, down 4.8% year-on-year.

Meanwhile, the company posted 9.3 billion yuan in revenue, down 2.1% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 7.2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.3%.