Shenzhen Transsion Holdings Co.,Ltd.’s Net Profit Dropped 36.9% in 2022

Shenzhen Transsion Holdings Co.,Ltd. (深圳传音控股股份有限公司) (688036.SH) reported a net profit of 2.5 billion yuan in 2022, down 36.9% year-on-year.

Meanwhile, the company posted 46.6 billion yuan in revenue, down 5.7% year-on-year.

At the end of the reporting period, it had 30.8 billion yuan in total assets and 15 billion yuan in total liabilities, with a liability-to-asset ratio of 48.6%.