Sunfly Intelligent Technology Co.,Ltd. Posted 1 Billion Yuan Net Loss in 2022

Sunfly Intelligent Technology Co.,Ltd. (昇辉智能科技股份有限公司) (300423.SZ) reported a net loss of 1 billion yuan in 2022, reversing a net profit of 208.9 million yuan for the previous year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 20.8% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 44.4%.