Shenzhen Woer Heat-Shrinkable Material Co.,Ltd.’s Net Profit Rose 12.9% in 2022

Shenzhen Woer Heat-Shrinkable Material Co.,Ltd. (深圳市沃尔核材股份有限公司) (002130.SZ) reported a net profit of 660 million yuan in 2022, up 12.9% year-on-year.

Meanwhile, the company posted 5.3 billion yuan in revenue, down 1.2% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 42.4%.