Shenzhen Auto Electric Power Plant Co.,Ltd. Posted 40.6 Million Yuan Net Loss in 2022

Shenzhen Auto Electric Power Plant Co.,Ltd. (深圳奥特迅电力设备股份有限公司) (002227.SZ) reported a net loss of 40.6 million yuan in 2022, widening 19.7% year-on-year.

Meanwhile, the company posted 311.9 million yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 454.4 million yuan in total liabilities, with a liability-to-asset ratio of 29.2%.