Shenzhen Inovance Technology Co.,Ltd.’s Net Profit Rose 17.5% in 2022

Shenzhen Inovance Technology Co.,Ltd. (深圳市汇川技术股份有限公司) (300124.SZ) reported a net profit of 4.3 billion yuan in 2022, up 17.5% year-on-year.

Meanwhile, the company posted 23 billion yuan in revenue, up 28.2% year-on-year.

At the end of the reporting period, it had 39.2 billion yuan in total assets and 19.1 billion yuan in total liabilities, with a liability-to-asset ratio of 48.7%.