Nanji E-Commerce Co.,Ltd. Posted 294.8 Million Yuan Net Loss in 2022

Nanji E-Commerce Co.,Ltd. (南极电商股份有限公司) (002127.SZ) reported a net loss of 294.8 million yuan in 2022, reversing a net profit of 477.6 million yuan for the previous year.

Meanwhile, the company posted 3.3 billion yuan in revenue, down 14.9% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 668.4 million yuan in total liabilities, with a liability-to-asset ratio of 13.2%.