Jiangsu Hengli Hydraulic Co.,Ltd.’s Net Profit Dropped 13% in 2022

Jiangsu Hengli Hydraulic Co.,Ltd. (江苏恒立液压股份有限公司) (601100.SH) reported a net profit of 2.3 billion yuan in 2022, down 13% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, down 12% year-on-year.

At the end of the reporting period, it had 16.2 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 21.8%.