Xiandai Investment Co.,Ltd.’s Net Profit Dropped 23.6% in 2022

Xiandai Investment Co.,Ltd. (现代投资股份有限公司) (000900.SZ) reported a net profit of 456.6 million yuan in 2022, down 23.6% year-on-year.

Meanwhile, the company posted 15.9 billion yuan in revenue, up 1.7% year-on-year.

At the end of the reporting period, it had 57.9 billion yuan in total assets and 44.1 billion yuan in total liabilities, with a liability-to-asset ratio of 76.2%.