Bear Electric Appliance Co.,Ltd.’s Net Profit Rose 36.2% in 2022

Bear Electric Appliance Co.,Ltd. (小熊电器股份有限公司) (002959.SZ) reported a net profit of 386 million yuan in 2022, up 36.2% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 14.2% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 51.4%.