Kidswant Children Products Co.,Ltd.’s Net Profit Dropped 40.2% in 2022

Kidswant Children Products Co.,Ltd. (孩子王儿童用品股份有限公司) (301078.SZ) reported a net profit of 120.4 million yuan in 2022, down 40.2% year-on-year.

Meanwhile, the company posted 8.5 billion yuan in revenue, down 5.8% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 62.3%.