Shenzhen Gongjin Electronics Co.,Ltd.’s Net Profit Dropped 42.7% in 2022

Shenzhen Gongjin Electronics Co.,Ltd. (深圳市共进电子股份有限公司) (603118.SH) reported a net profit of 226.2 million yuan in 2022, down 42.7% year-on-year.

Meanwhile, the company posted 11 billion yuan in revenue, up 1.5% year-on-year.

At the end of the reporting period, it had 10.5 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 51.1%.