Shenzhen China Bicycle Company(Holdings) Limited Posted 8 Million Yuan Net Loss in 2022

Shenzhen China Bicycle Company(Holdings) Limited (深圳中华自行车(集团)股份有限公司) (000017.SZ) reported a net loss of 8 million yuan in 2022, widening 386.9% year-on-year.

Meanwhile, the company posted 444.8 million yuan in revenue, up 169.2% year-on-year.

At the end of the reporting period, it had 397.3 million yuan in total assets and 92.4 million yuan in total liabilities, with a liability-to-asset ratio of 23.3%.