Guangdong Baolihua New Energy Stock Co.,Ltd.’s Net Profit Dropped 77.8% in 2022

Guangdong Baolihua New Energy Stock Co.,Ltd. (广东宝丽华新能源股份有限公司) (000690.SZ) reported a net profit of 183.2 million yuan in 2022, down 77.8% year-on-year.

Meanwhile, the company posted 9.4 billion yuan in revenue, flat year-on-year.

At the end of the reporting period, it had 20.1 billion yuan in total assets and 8.8 billion yuan in total liabilities, with a liability-to-asset ratio of 43.8%.